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REGULAR MEETING <br />AUGUST 51 1985 <br />/s/ John Voorde <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. Council Member Beck read <br />the resolution and presented it to Wanda Nowak, who thanked the Council for the <br />resolution. Council Member Serge made a motion to adopt the resolution, seconded by <br />Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. <br />Anna Pappas, 512 W. Madison, spoke to the Council about the American Plasma Systems <br />encroachment on residential property. <br />Council Member Zakrzewski made a motion to suspend the rules and have first reading, <br />public hearing and second reading on Bill No. 93 -85, seconded by Council Member <br />Taylor. The motion carried on a roll call vote of nine ayes. <br />ORDINANCE NO. 7500-85 AN ORDINANCE AMENDING CHAPTER TWO, ARTICLE XIII OF THE <br />SOUTH BEND MUNICIPAL CODE BY ADDING AN ADDITIONAL <br />ECONOMIC DEVELOPMENT TARGET AREA THERETO, COMMONLY <br />KNOWN AS 2920 W. SAMPLE STREET. <br />This bill had first reading. This being the time heretofore set for public hearing <br />on 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 that it was necessary for a facility to be <br />located in a target area, in order that the Commission may give approval for a bond <br />issue. He indicated that the Commission has approved this location as a target <br />area, however, it also must be approved by the Common Council. Council Member <br />Taylor made a motion to pass this bill, seconded by Council Member Zakrewski. The <br />bill passed by a roll call vote of nine ayes. <br />Council President Beck announced that John Stancati had been appointed to the <br />TRANSPO Board of Directors. <br />Council President Beck announced that Ed Myers had been appointed to the Mayor's <br />Traffic Commission. <br />REPORTS <br />Council Member Braboy indicated that the Human Resources Committee had met on Bill <br />No. 91 -85 and recommended it favorable. <br />Council Member Voorde indicated that the Zoning and Vacation Committee had met on <br />Bill No. 61 -85, and gave no recommendation. <br />Council Member Puzzello indicated that the Personnel and Finance Committee had met <br />on Bill No. 90 and 92 -85 and recommend them favorable. <br />Council Member Taylor indicated that the Public Safety Committee had met on the <br />animal control ordinance (Bill 56 -85) and public hearing will be August 19. <br />Council Member Zakrzewski made a motion to resolve into the Committee of the Whole, <br />seconded by Council Member Taylor. The motion carried. <br />COMMITTEE OF THE WHOLE <br />Be it remembered that the Common Council of the City of South Bend met in the <br />Committee of the Whole on August 5, at 7:28 p.m., with nine members present. <br />Chairman Serge presiding. <br />ORDINANCE NO. 7900 -85 <br />AN ORDINANCE AMENDING CHAPTER TWO, ARTICLE XIII OF THE <br />SOUTH BEND MUNICIPAL CODE BY ADDING AN ADDITIONAL <br />ECONOMIC DEVELOPMENT TARGET AREA THERETO, COMMONLY <br />KNOWN AS 2920 W. SAMPLE STREET. <br />This bill had second reading. Council Member Taylor made a motion to pass this <br />bill, seconded by Council Member Serge. The bill passed by a roll call vote of nine <br />ayes. <br />BILL NO. 89 -85 <br />A BILL AUTHORIZING THE CITY OF SOUTH BEND, INDIANA (THE "CITY "), <br />TO ISSUE ITS ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1985 (GEM <br />PARTNERSHIP, PROJECT), IN THE AGGREGATE PRINCIPAL AMOUNT OF ONE <br />MILLION DOLLARS ($1,000,000.00) AND APPROVING AND AUTHORIZING <br />CERTAIN ACTIONS WITH RESPECT THERETO. <br />This being the time heretofore set for public hearing on the above bill, proponents <br />and opponents were given an opportunity to be heard. Council Member Voorde made a <br />motion to accept the substitute bill on file with the City Clerk, seconded by <br />Council Member Zakrzewski. The motion carried. Thomas Brunner, attorney, made the <br />presentation for the bill. He indicated the substitute bill should be amended on <br />the third page to read 20 years callable at the option on the bondholder at the end <br />of year 10 at a rate based on the prime rate of American Fletcher National Bank, <br />Indianapolis, Indiana, which rate shall not exceed ... Council Member Taylor made a <br />motion to amend this bill, seconded by Council Member Zakrzewski. The motion <br />carried. Mr. Brunner indicated GEM Partnership wishes to acquire rehabilitate the <br />