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132 <br />.11t zM „ i 04 . .. <br />BILL NO. 79 -87 A BILL AUTHORIZING THE CITY OF SOUTH BEND, INDIANA (THE "CITY "), <br />TO ISSUE ITS "ECONOMIC DEVELOPMENT REVENUE BOND, SERIES 1987 <br />(KOKOKU WIRE INDUSTRIES CORPORATION PROJECT), IN THE AGGREGATE <br />PRINCIPAL AMOUNT OF THREE MILLION TWO HUNDRED THOUSAND DOLLARS <br />($3,200,000.00) AND APPROVING AND AUTHORIZING CERTAIN ACTIONS <br />WITH RESPECT THERETO. <br />Council Member Zakrzewski made a motion to suspend the rules and accept the filing, <br />have first reading and public hearing, and second reading on this bill, seconded by <br />Council Member Taylor. The motion carried on a roll call vote of nine ayes. This <br />bill had first reading. This being the time heretofore set for public hearing on <br />the above bill, proponents and opponents were given an opportunity to be heard. <br />Kenneth Fedder, attorney for the Economic Development Commission, made the <br />presentation for the bill. He indicated the Council had recently passed an <br />ordinance approving bonds for Kokoku, however, it was necessary to change the date <br />of the sale of the bonds, therefore, a new ordinance must be passed. Council Member <br />Beck made a motion to recommend this bill to the Council favorably, seconded by <br />Council Member Barcome. The motion carried. <br />There being no further business to come before the Committee of the Whole, Council <br />Member Zakrzewski made a motion to rise and report to the Council, seconded by <br />Council Member Taylor. The motion carried. <br />ATTEST: <br />City Clerk <br />REGULAR MEETING RECONVENED <br />ATTEST: <br />6Lj <br />Ch an <br />Be it remembered that the Common Council of the City of South Bend reconvened in the <br />Council Chambers on the fourth floor of the County -City Building at 5:40 p.m. <br />Council President Serge presiding and nine members present. <br />BILLS, SECOND READING <br />ORDINANCE NO. 7788 -87 AN ORDINANCE ON A BILL APPROPRIATING MONIES WITHIN THE <br />CAPITAL IMPROVEMENT FUND. <br />This bill had second reading. Council Member Taylor made a motion to pass this <br />bill, seconded by Council Member Puzzello. The bill passed by a roll call vote of <br />seven ayes (Council Member Barcome was absent from the Chambers). <br />ORDINANCE NO. 7789 -87 AN ORDINANCE AUTHORIZING THE CITY OF SOUTH BEND, <br />INDIANA (THE "CITY "), TO ISSUE ITS "ECONOMIC <br />DEVELOPMENT REVENUE BOND, SERIES 1987 (KOKOKU WIRE <br />INDUSTRIES CORPORATION PROJECT), IN THE AGGREGATE <br />PRINCIPAL AMOUNT OF THREE MILLION TWO HUNDRED THOUSAND <br />DOLLARS ($3,200,000.00) AND APPROVING AND AUTHORIZING <br />CERTAIN ACTIONS WITH RESPECT THERETO. <br />This bill had second reading. Council Member Taylor made a motion to pass this <br />bill, seconded by Council Member Puzzello. The bill passed by a roll call vote of <br />eight ayes. <br />BILLS. FIRST READING <br />BILL NO. 75 -87 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT THE <br />SOUTHEAST CORNER OF WASHINGTON STREET AND CHESTNUT STREET, <br />COMMONLY KNOWN AS 1314 -1322 WEST WASHINGTON STREET IN THE CITY OF <br />SOUTH BEND, INDIANA. <br />This bill had first reading. Council Member Puzzello made a motion to refer this <br />bill to Area Plan, seconded by Council Member Barcome. The motion carried. <br />BILL NO. 76 -87 A BILL APPROPRIATING MONIES FOR THE PURPOSE OF DEFRAYING THE <br />EXPENSES OF SEVERAL DEPARTMENTS OF THE CIVIL CITY OF SOUTH BEND, <br />INDIANA FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1988, AND ENDING <br />DECEMBER 31, 1988, INCLUDING ALL OUTSTANDING CLAIMS AND <br />OBLIGATIONS AND FIXING A TIME WITH THE SAME SHALL TAKE EFFECT. <br />This bill had first reading. Council Member Beck made a motion to set this bill for <br />public hearing August 24, and refer it to the Personnel and Finance Committee, <br />seconded by Council Member Taylor. The motion carried. <br />BILL NO. 77 -87 A BILL LEVYING TAXES AND FIXING THE RATE OF TAXATION FOR THE <br />PURPOSE OF RAISING REVENUE TO MEET THE NECESSARY EXPENSES OF THE <br />CIVIL CITY OF SOUTH BEND FOR THE FISCAL YEAR ENDING DECEMBER 31, <br />1988. <br />This bill had first reading. Council Member Puzzello made a motion to set this bill <br />for public hearing August 24, and refer it to the Personnel and Finance Committee, <br />seconded by Council Member Barcome. The motion carried. <br />