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SPECIAL MEETING DECEMBER 3, 1999 <br />Be it remembered that the Common Council of the City of South Bend, Indiana, met in the Common <br />Council Informal Meeting Room on Friday, December 3, 1999, at 12:00 noon. The meeting was <br />called to order by Council President Sean Coleman and the Invocation and Pledge to the Flag were <br />given. <br />ROLL CALL <br />Present: James Aranowski <br />Charlotte Pfeifer <br />Roland Kelly <br />Karl King <br />David Varner <br />Andrew Uj dak <br />Sean Coleman <br />Absent: Rod Sniadecki <br />John Hosinski <br />1St District <br />2 °d District Chairperson, Committee of the Whole <br />3rd District <br />4th District <br />5th District <br />6th District <br />At -Large President <br />At -Large None <br />At -Large Vice - President <br />SPECIAL BUSINESS <br />Council President Coleman reminded everyone that there will be only one (1) regular meeting of the <br />Council in December to be held on Monday, December 13, 1999. <br />RESOLVE INTO THE COMMITTEE OF THE WHOLE <br />At 12:03 p.m. Councilmember Kelly made a motion to resolve into the Committee of the Whole. <br />Councilmember Ujdak seconded the motion which carried by a voice vote of seven (7) ayes. <br />Chairman Pfeifer presiding. <br />BILL NO. 103 -99 A BILL AUTHORIZING THE ISSUANCE AND SALE OF <br />NOT MORE THAN $1,300,000 ECONOMIC <br />DEVELOPMENT REVENUE BONDS, SERIES 1999 <br />(RINK RIVERSIDE PRINTING, INC. PROJECT) OF THE <br />CITY OF SOUTH BEND, INDIANA, FOR THE PURPOSE <br />OF FUNDING A LOAN TO RINK RIVERSIDE PRINTING, <br />INC. IN ORDER TO FINANCE THE ACQUISITION AND <br />INSTALLATION OF EQUIPMENT AND MACHINERY <br />TO BE UTILIZED IN AN EXISTING MANUFACTURING <br />FACILITY LOCATED IN THE CITY OF SOUTH BEND, <br />INDIANA; PROVIDING FOR THE PLEDGE OF <br />REVENUES FOR THE PAYMENT OF SUCH BONDS; <br />AUTHORIZING THE EXECUTION OF A BOND <br />PURCHASE AND LOAN AGREEMENT AND A PROJECT <br />NOTE APPROPRIATE FOR THE PROTECTION AND <br />DISPOSITION OF SUCH REVENUES AND TO FURTHER <br />SECURE SUCH BONDS; AND AUTHORIZING SUCH <br />OTHER ACTIONS IN CONNECTION WITH THE <br />ISSUANCE OF SUCH BONDS <br />Councilmember Kelly reported that the Community & Economic Development Committee met on <br />this Resolution on November 22,1999 and sends it to the Council with a favorable recommendation. <br />Further, Councilmember Kelly made a motion to consider the substitute version of this bill as <br />submitted. Council President Coleman seconded the motion which carried by a voice vote of seven <br />(7) ayes. <br />