05-23-88 Council Meeting Minutes

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292 REGULAR MEETING MAY 23, 1988 This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Council Member Luecke made a motion to amend this bill, seconded by Council Member Coleman. The motion carried. Council Member Luecke, Chairman of the Zoning & Vacation Committee stated that the committee met and recommend the bill to the Council favorably. Ann Kolata, Economic Development Department, made the presentation on the bill. She indicated that the lease establishes a maximum annual rental payment of $520,000. This amount is an estimate and will be lowered after we receive bids for the construction of the garage. The Commission will use three sources of funds to make the lease payments: net operating revenue from the garage; the UDAG repayments from One Michiana Square and excess TIF funds not needed for debt service on the TIF bonds. She indicated that construction on the six -story 436 space garage is to begin this summer and be completed during early 1989. Carter Wolfe, Chairman Center City Associates, spoke in favor of the bill. He indicated that there is a need for another parking garage downtown. John Barris, Cleveland, Ohio, (new owner of the former Sherland Building) spoke in favor of the bill. Mr. John Wojtan 6216 Exeter Ct., and Mr. Joseph Guentert, 3510 Corby, spoke opposed to the bill. Council Member Voorde made a motion to recommend this bill go to the Council favorable as amended, seconded by Coleman. The motion carried BILL NO. 30 -88 SECOND READING AND PUBLIC HEARING ON A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, ESTABLISHING A CUMULATIVE CAPITAL DEVELOPMENT FUND. This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Council Member Luecke made a motion to amend this bill, seconded by Council Member Voorde. The motion carried. Council Member Puzzello, Chairman of the Personnel & Finance Committee stated that the committee met on the bill and recommends it to the Council favorable. John Leisenring, Chief Deputy Controller made the presentation on the bill. He indicated that the bill is to re- establish the Cumulative Capital Development Fund for the years 1989, 1990 and 1991. This fund was first established by ordinance adopted in 1985 and phased in over a three year period beginning in 1986. It is necessary to re- establish this fund every three years to retain the current rate ceiling as provided by Public Law 44 -1984. The purpose of the fund is to provide South Bend with a method to develop a long range capital plan to be used for the purchase of equipment and funding of capital improvements, as well as to prove for expenditures to protect the public health, welfare or safety in an emergency situation which demands immediate action. The fund provides for a levy on property of twelve cents ($.12) per $100 assess valuation which is the same levy established for the current year and the maximum rate that can be established for municipalities in counties that have not taken advantage of the local option income tax. The levy would continue at this rate for all three years, at which time it will again be necessary to re- establish the fund. Joe Guentert, 3510 Corby, spoke in regard to the bill. Council Member Voorde made a motion to recommend this bill to the Council favorable, as amended, seconded by Council Member Niezgodski. The motion carried. There being no further business to come before the Committee of the Whole, Council Member Voorde made a motion to rise and report to the Council, seconded by Council Member Coleman. The motion carried. ATTEST: City Clerk REGULAR MEETING RECONVENED ATTEST: �� Chairman Be it remembered that the Common Council of the City of South Bend reconvened in the Council Chambers on the fourth floor of the County -City Building at 8:02 p.m. Council President Voorde presiding and nine members present. BILLS. THIRD READING ORDINANCE NO. 7874 -88 AN ORDINANCE TO VACATE THE FOLLOWING DESCRIBED PROPERTY: THE 1ST NORTH -SOUTH ALLEY EAST OF PORTAGE RUNNING NORTH FROM ELWOOD TO KING ST. FOR A DISTANCE OF 120 FEET ALL BEING IN NORTHWEST 2ND ADD TO THE CITY OF ST. JOSEPH COUNTY, INDIANA. This bill had third reading. Council Member Coleman made a motion to pass this bill, seconded by Council Member Puzzello. The bill passed by a roll call vote of nine ayes. ORDINANCE NO. 7875 -88 AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA APPROVING A LEASE FOR THE ST. JOSEPH /WAYNE PARKING FACILITY BETWEEN THE SOUTH BEND REDEVELOPMENT AUTHORITY AND THE SOUTH BEND REDEVELOPMENT COMMISSION. This bill had third reading. Council Member Puzzello made a motion to amend this bill, as amended in the Committee of the Whole, seconded by Council Member Zakrzewski. The motion carried. Council Member Coleman made a motion to pass this bill, seconded by Council Member Luecke. The bill passed by a roll call vote of eight ayes and one nay (Council Member Slavinskas.)