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REGULAR MEETING <br />MAY 22, 2000 <br />BE VACATED IS DESCRIBED AS THE FIRST <br />NORTH/SOUTH ALLEY EAST OF WARREN STREET <br />FROM THE SOUTH RIGHT -OF -WAY OF WESTERN <br />AVENUE TO THE NORTH LINE OF THE FIRST <br />EAST /WEST ALLEY SOUTH OF WESTERN AVENUE <br />FOR A DISTANCE OF APPROXIMATELY 132 FEET <br />AND A WIDTH OF 14 FEET. PART LOCATED IN <br />SOUTH BEND INDUSTRIAL PARK ADDITION, CITY <br />OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA <br />This bill had first reading. Councilmember Coleman made a motion to refer this bill to the Public <br />Works and Property Vacation Committee and set it for Public Hearing and Third Reading on June <br />12, 2000. Councilmember Varner seconded the motion which carried by a voice vote of seven (7) <br />ayes. <br />BILL NO. 45-00 FIRST READING ON A BILL AMENDING THE ZONING <br />ORDINANCE, AND ESTABLISHING AN HISTORIC <br />LANDMARK FOR THE PROPERTY LOCATED AT 3020 <br />BUCKINGHAM, IN THE CITY OF SOUTH BEND, <br />INDIANA <br />This bill had first reading. Councilmember Coleman made a motion to refer this bill to the Zoning <br />and Annexation Committee and set it for Public Hearing and Third Reading on June 12, 2000. <br />Councilmember Kelly seconded the motion which carried by a voice vote of seven (7) ayes. <br />BILL NO. 46-00 FIRST READING ON A BILL AUTHORIZING THE <br />ISSUANCE OF NOT TO EXCEED $2,000,000 <br />AGGREGATE PRINCIPAL AMOUNT OF THE CITY OF <br />SOUTH BEND, INDIANA VARIABLE RATE DEMAND <br />ECONOMIC DEVELOPMENT REVENUE BONDS, <br />SERIES 2000 (DELUXE SHEET METAL, INC. PROJECT), <br />THE PROCEEDS OF WHICH SHALL BE LOANED TO <br />DSM HOLDING, LLC, TO FINANCE THE ACQUISITION, <br />CONSTRUCTION, INSTALLATION AND EQUIPPING <br />OF AN ECONOMIC DEVELOPMENT FACILITY <br />LOCATED WITHIN THE CITY OF SOUTH BEND, <br />INDIANA FOR LEASE TO DELUXE SHEET METAL <br />INC.; PROVIDING FOR THE PLEDGE AND <br />ASSIGNMENT OF REVENUES FOR THE PAYMENT OF <br />SAID BONDS; AUTHORIZING A TRUST INDENTURE, <br />LOAN AGREEMENT AND BOND PURCHASE <br />AGREEMENT, AUTHORIZING THE USE AND <br />DISTRIBUTION OF A PRELIMINARY OFFICIAL <br />STATEMENT AND AN OFFICIAL STATEMENT WITH <br />RESPECT TO THE BONDS; AUTHORIZING <br />AGREEMENTS TO SECURE FURTHER THE PAYMENT <br />OF SAID BONDS; AND AUTHORIZING OTHER <br />ACTIONS IN CONNECTION WITH THE ISSUANCE OF <br />SUCH BONDS <br />This bill had first reading. Councilmember Kelly made a motion to refer this bill to the Community <br />and Economic Development Committee and set it for Public Hearing and Third Reading on June 12, <br />2000. Councilmember Coleman seconded the motion which carried by a voice vote of seven (7) <br />ayes. <br />