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REGULAR MEETING _ .._.__. _ __NOVEMBER _ 18 r <br />indicated the lease /purchase would be $5,500,.000; TIF $750,000; CDBG $250,000; <br />Revenue Sharing $250,000; Cable $270,0001• Private Fund Drive $500,000, for a total <br />of $7,520,000. He indicated the updated construction items are: construction <br />$4,451,767; land transfer ($400,000); Revenue and Public Works $1,691,000; architect <br />fees $385,710 for a total of $6,529,456. Michael Vance, Controller, indicated that <br />part of the financing will be through lease /purchase over a ten year period, with <br />semi - annual payemtns and an interest rate of 9 1/4%. Richard DeFlon, of Hellmuth, <br />Obata and Kassabaum architects, showed slides of the proposed stadium. Mayuor <br />Parent indicated this would be a top class quality stadium. The following people <br />spoke in favor of the proposed stadium: Eugene Czyzewski, 837 N. Elmer; Wendall <br />Walsh, 2403 Hollywood; Ron Marino, 56340 Miller Rd; Alanzo Watson, 1435 Corby, <br />Renalda Robinson, 737 N. Frances; T. Brook Brademas; Charles Rhodes, 625 S. <br />Clearview, Van Gates, 1449 Garland Circle, Jan Jackiel, President of the Chamber of <br />Commerce, Ed Levy, Freeman- Spicer, Jim Cook, 401 E. Colfax; Jim Rinebold, 1907 E. <br />6th; Jeff Reese, 1518 N. Brookfield and Bruce Ruffert, 5628 Mayflower. Two letters <br />were received in support of the stadium; one from Western Avenue Business Council <br />and the other from the president of the South Bend Redevelopment Commission. The <br />following people spoke against the stadium: Joe Guentert, 3510 Corby; Irene Mutzl, <br />president of the Fair Tax Association; Ken Donally, 2605 Frederickson; Christine <br />Murdock, 411 N. Ironwood; Richard arrow, 2106 1/2 Leer; Ralph Johnson, 142 E. <br />Murray; David Nowak, 1427 Hampshire, submitted a petition with 52 signatures against <br />the stadium; Paul Bradfield, 812 Cottage Grove; Gene Palmer, 121 N. Hawthorne; Nancy <br />Tenbroeck, 525 Edgewater; Jack Henderson, 1205 Emerson; Gaylord Frisk, 845 Fairway; <br />Dot Jones, 204 Tonti; Janet Allen, 125 W. Marion; George Butt, 705 County Club Lane; <br />Roman Kowalski, 302 Birchwood; Herbert Herndeen 710 W. Washington. Council Member <br />Taylor made a motion to adopt this resolution, seconded by Council Member Serge. <br />The resolution was adopted by a roll call vote of seven anyes and two nays (Council <br />Members Crone and Voorde.) <br />Council Member Taylor made a motion to recess, seconded by Council Member Puzzello. <br />The motion carried and the meeting was recessed at 10:32 p.m., and reconvened at <br />10:45 p.m. <br />Council Member Zakrzewski made a motion to reappoint Patricia Berardi to the Mayor's <br />Traffic Commission, seconded by Council Member Crone. The motion carried. <br />Council Member Taylor made a motion to have a meeting December 18, at 4:30 p.m., <br />seconded by Council Member Crone. The motion carried. <br />REPORTS <br />Council Member Braboy indicated that the Personnel and Finance Committee had met on <br />Bill No. 127 -85 and it will be continued. She indicated they had met on Resolution <br />C, and had no recommendation, since the petitioners were not present. <br />Council Member Puzzello indicated that the Personnel and Finance Committee had met <br />on Bill No. 128 -85 and recommended it favorable. She indicated there will be one <br />amendment to the bill. <br />Council Member Voorde indicated that the Zoning and Vacation Committee had met on <br />bill nos. 110 -85 and 130 -85 and recommend them favorable. <br />Council Member Taylor made a motion to resolve into the Committee of the Whole, <br />seconded by Council Member Puzzello. 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 November 18, at 10:50 p.m., with nine members present. <br />BILL NO. 75 -85 A BILL AUTHORIZING THE CITY OF SOUTH BEND INDIANA (THE "CITY"), <br />TO ISSUE ITS ECONOMIC DEVELOPMENT REVENUE BONDS (TEACHERS CREDIT <br />UNION PROJECT), IN THE AGGREGATE PRINCIPAL AMOUNT OF FIVE MILLION , <br />ONE HUNDRED THOUSAND DOLLARS ($5,100,000.00) AND APPROVING AND <br />AUTHORIZING 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. Kenneth Fedder, attorney for <br />the Economic Development Commission, made the presentation for the bill. Council <br />Member Voorde made a motion to accept the substitute bill on file with the City <br />Clerk, seconded by Council Member Taylor. He indicated this proposed bond issue <br />would be used to construct Teachers Credit Union. He indicated 100 new jobs will be <br />created. Council Member Voorde made a motion to recommend this bill to the Council <br />favorable, as amended, seconded by Council Member Puzzello. The motion carried. <br />BILL NO. 110 -85 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT <br />1406/1412 SOUTH BEND AVENUE, SOUTH BEND, INDIANA. <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. Duane Burrow, of Area Plan, <br />gave the staff report, which was favorable. John Firth, attorney, made the <br />presentation for the bill. He indicated that the petitioners planned to construct <br />an office building and a garage at this location. Council Member Puzzello indicated <br />it was the Council's recommendation to Area Plan that a combination <br />screen - vegetation /wood fence be considered as the screening material, as shown on <br />