12-16-85 Council Meeting Minutes

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REGULAR MEETING DECEMBER 16, 1985 ORDINANCE NO. 7.567 -85 AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF $20,000,000.00 ECONOMIC DEVELOPMENT REVENUE BONDS OF THE CITY OF SOUTH BEND, INDIANA, FOR THE PURPOSE OF MAKING A LOAN TO FINANCE THE ACQUISITION, AND CONSTRUCTION OF CERTAIN ECONOMIC DEVELOPMENT FACILITIES LOCATED IN THE CITY PERTAINING TO MILL RACE, AN INDIANA LIMITED PARTNERSHIP; AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT; PROVIDING FOR THE DELIVERY OF A NOTE AND ASSIGNMENT THEREOF AS SECURITY FOR SAID BOND; AUTHORIZING AN INDENTURE OF TRUST APPROPRIATE FOR THE PROTECTION AND DISPOSITION OF THE REVENUES FROM SUCH NOTE; AND AUTHORIZING THE TERMS AND SALE OF SAID BOND. This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Kenneth Fedder, attorney for the Economic Development Commission, made the presentation for the bill. He indicated Mill Race intended to build a seventeen story complex with 208 rental units. He indicated the in addition to the construction jobs involved over the next several years, approximately 84 new jobs will be created. Council Member Taylor made a motion to pass this bill, seconded by Council Member Zakrzewski. The bill passed by a roll call vote of nine ayes. Council Member Taylor indicated that a straw vote had been taken and the new officers for 1986 would be Beverlie Beck as president, Eugenia Braboy, vice president and Ann Puzzello, chairman of the Committee of the Whole. Council President Beck announced that election of officers will be held January 6, at noon. REPORTS Council Member Voorde indicated that the Zoning and Vacation Committee had met on bill nos. 121, 132 and 170 -85 and had no recommendation, due to the petitioners not being present. Council Member Puzzello indicated the the Personnel & Finance Committee had met on Bill No. 171 -85 and gave no recommendation. Council Member Braboy indicated that the Human Resources Committee had met on bill nos. 168 and 173 -85 and recommended them favorable. BILL NO. 121 -85 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT 1409 -1411 LINDEN AVE., IN THE CITY OF SOUTH BEND, INDIANA. Council Member Voorde made a motion to continue public hearing on this bill until January 13, seconded by Council Member Taylor. The motion carried. BILL NO. 132 -85 A BILL TO VACATE THE FOLLOWING DESCRIBED PROPERTY: THE 1ST NORTH -SOUTH ALLEY WEST OF LAUREL STREET RUNNING FROM WESTERN AVENUE TO NAPIER STREET, EXCEPTING THE INTERSECTING EAST -WEST 14' ALLEY FOR A DISTANCE OF 243.56 FEET MORE OR LESS, ALL BEING ON WILLETS SUBDIVISION OF B.O.L. 89 AND DEARDOFFS SUBDIVISION OF B.O.L. 90 AND LYING BETWEEN LOTS 1 AND 10 OF LOTS 6 AND 15 RESPECTIVELY. Council Member Voorde made a motion to continue public hearing on this bill until January 13, seconded by Council Member Taylor. The motion carried. BILL NO. 170 -85 A BILL TO VACATE THE FOLLOWING DESCRIBED PROPERTY: 1ST EAST -WEST ALLEY SOUTH OF DELAWARE STREET RUNNING EAST FROM OLIVE STREET TO PHILLIPA LYING BETWEEN LOTS 259 THRU 264 AND LOTS 277 THRU 282 ALL BEING IN "HIGHLAND PARK 2ND ADD" AND "HIGHLAND PARK 2ND ADD" (UNRECORDED) TO THE CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA. Council Member Voorde made a motion to continue public hearing on this bill until January 13, seconded by Council Member Crone. The motion carried. BILL NO. 127 -85 A BILL AMENDING CHAPTER TWO, ARTICLE XIII OF THE SOUTH BEND MUNICIPAL CODE BY ADDING AN ADDITIONAL ECONOMIC DEVELOPMENT TARGET AREA THERETO COMMONLY KNOWN AS ELM STREET BETWEEN COLFAX AND WESTERN AND OLIVE STREET BETWEEN WESTERN AND WASHINGTON. Council Member Braboy made a motion to continue this bill indefinitely, seconded by Council Member Puzzello. The motion carried. Council Member Puzzello made a motion to combine public hearing on bill nos. 136, 139, 160, 163, 164, 165, 166 and 167 -85, seconded by Council Member Beck. The motion carried. Council Member Voorde made a motion to accept substitute bills 139, 163, 164 and 165 -85, on file with the City Clerk, seconded by Council Member Zakrzewski. The motion carried.