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REGULAR MEETING <br />OCTOBER 8, 1984 <br />this resolution, seconded by Council Member Paszek. The motion carried on;a roll <br />call vote of six ayes and three nays (Council Members Zakrzewski, Crone and Voorde.) <br />RESOLUTION <br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND, INDIANA, URGING THE MAYOR TO OBLIGATE THE PROCEEDS OF <br />INVESTMENTS WHICH WOULD BE EARNED ON A G.O. BOND ISSUE TO BE <br />DEDICATED TO A BOND INTEREST AND REDEMPTION FUND. <br />A public hearing was held on the resolution at this time. Council Member Voorde <br />indicated this resolution urges the Mayor to establish a bond interest and redemption <br />fund, thereby dedicating all interest earned on investment of the proposed G.O. Bond <br />monies to be used in paying off the bond. He indicated in light of the proposed <br />increases to the tax rate from the 1985 budget, the establishment of the Cumulative <br />Capital Development Fund, the appeals of the utility increases and the parking garage <br />deficit, and the automatic five percent increase in the levy, this resolution should <br />be adopted. He indicated that by paying off the bond issue with interest income, it <br />would send a positive note to the community. Council Member Voorde made a motion to <br />adopt this resolution, seconded by Council member Crone. The motion failed on a roll <br />call vote of three ayes (Council Members Zakrzewski, Crone and Voorde.) and six <br />nays. <br />BILLS, FIRST READING <br />BILL NO. 107 -84 A BILL AMENDING ORDINANCE NO. 4990 -68, AS AMENDED, COMMONLY <br />KNOWN AS THE ZONING ORDINANCE OF THE CITY OF SOUTH BEND, <br />INDIANA. (CHAPTER 21,'MUNICIPAL CODE) (146 E. NORTH SHORE <br />DR.) <br />This bill had first reading. Council Member Puzzello made a motion to refer this <br />bill to Area Plan, seconded by Council Member Serge. The motion carried. <br />BILL NO. 108 -84 A BILL AUTHORIZING THE CITY OF SOUTH BEND, INDIANA (THE <br />"CITY ") TO ISSUE ITS "ECONOMIC DEVELOPMENT REVENUE BONDS, <br />SERIES 1984 (MITTLER SUPPLY, INC. PROJECT), IN THE AGGREGATE <br />PRINCIPAL AMOUNT OF ONE MILLION EIGHT HUNDRED THOUSAND DOLLARS <br />($1,800,000.00) AND APPROVING AND AUTHORIZING CERTAIN ACTIONS <br />WITH RESPECT THERETO. <br />This bill had first reading. Council Member Taylor made a motion to set this bill <br />for public hearing and second reading October 22, seconded by Council Member Serge. <br />The motion carried. <br />BILL NO. 109 -84 <br />A BILL AMENDING ORDINANCE NO. 4990 -68, AS AMENDED, COMMONLY <br />KNOWN AS THE ZONING ORDINANCE OF THE CITY OF SOUTH BEND, <br />INDIANA (CHAPTER 21, MUNICIPAL CODE) (1444 SOUTH BEND AVENUE.) <br />This bill had first reading. Council Member Taylor made a motion to refer this bill <br />to Area Plan , seconded by Council Member Zakrzewski. The motion carried. <br />BILL NO. 110 -84 A BILL AMENDING ORDINANCE NO. 4990 -68, AS AMENDED, COMMONLY <br />KNOWN AS THE ZONING ORDINANCE OF THE CITY OF SOUTH BEND, <br />INDIANA (CHAPTER 21, MUNICIPAL CODE) (LOCUST AND STATE ROAD <br />23) <br />This bill had first reading. Council Member Serge made a motion to refer this bill <br />to Area Plan, seconded by Council Member Puzzello. The motion carried. <br />BILL NO. 111 -84 A BILL AMENDING ORDINANCE NO. 4990 -68, AS AMENDED, COMMONLY <br />KNOWN AS THE ZONING ORDINANCE OF THE CITY OF SOUTH BEND, <br />INDIANA (CHAPTER 21, MUNICIPAL CODE) (501, 503 AND 507 E. <br />OHIO.) <br />This bill had first reading. Council Member Taylor made a motion to refer this bill <br />to Area Plan, seconded by Council Member Puzzello. The motion carried. <br />BILL NO. 112 -84 <br />A BILL APPROPRIATING $390,000.000 OF SECTION 108 LOAN GUARANTEE <br />FUNDS FOR ACTIVITIES IN THE EAST BANK DEVELOPMENT AREA. <br />This bill had first reading. Council Member Braboy made a motion to set this bill <br />for public hearing and second reading October 22, and refer it to the Human Resources <br />Committee, seconded by Council Member Taylor. The motion carried. <br />BILL NO. 113 -84 A BILL TRANSFERRING $48,000.00 AMONG ACCOUNTS WITHIN THE <br />DIVISION OF COMMUNITY DEVELOPMENT. <br />This bill had first reading. Council Member Taylor made a motion to set this bill <br />for public hearing and second reading October 22, and refer it to the Human Resources <br />Committee, seconded by Council Member Puzzello. The motion carried. <br />BILL NO. 114 -84 A BILL APPROPRIATING $55,000.00 FROM THE LOCAL EQUAL EMPLOYMENT <br />AND EQUAL HOUSING OPPORTUNITY FUND TO BE ADMINISTERED BY THE <br />CITY OF SOUTH BEND THROUGH ITS HUMAN RIGHTS COMMISSION AND <br />DEPARTMENT OF ECONOMIC DEVELOPMENT. <br />