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REGULAR MEETING AUGUST 24, 1981 <br />There being no further business to come before the Committee of the Whole, Council <br />Member Dombrowski made a motion to rise and report to the Council, seconded byCouncil <br />Member Beck. The motion carried. <br />ATTEST: <br />REGULAR MEETING RECONVENED <br />ATTEST: <br />Be it remembered that the Common Council of the City of South Bend reconvened in the <br />Council Chambers on the fourth floor of the County -City Building at 7:53 p.m. Coun- <br />cil President McGann presiding and eight members present. <br />BILLS, SECOND READING <br />ORDINANCE NO. 6954 -81 <br />AN ORDINANCE AUTHORIZING THE ISSUANCE AND <br />SALE NOT EXCEEDING $4,000,000.00 OF REVENUE <br />BONDS OF THE CITY OF SOUTH BEND, INDIANA, FOR <br />THE PURPOSE OF MAKING A LOAN TO HEALTH QUEST <br />REALTY V, IN ORDER TO FINANCE THE ACQUISITION <br />AND CONSTRUCTION OF CERTAIN ECONOMIC DEVELOP- <br />MENT FACILITIES LOCATED IN ST. JOSEPH COUNTY, <br />INDIANA, TO BE USED AND OCCUPIED BY FOUN- <br />TAINVIEW PLACE CORPORATION OF SOUTH BEND; <br />AUTHORIZING EXECUTION OF A TRUST INDENTURE <br />AND FINANCING AGREEMENT; PROVIDING FOR THE <br />DELIVERY OF AN FHA - INSURED MORTGAGE NOTE AS <br />SECURITY FOR SAID BONDS; AND AUTHORIZING THE <br />TERMS AND SALE OF SAID BONDS. <br />This bill had second reading. Council Member Dombrowski made a motion <br />to amend this bill, as amended in the Committee of the Whole, seconded <br />by Council Member Crone. The motion carried. Council Member Serge <br />made a motion to pass this bill, as amended, seconded by Council Mem- <br />ber Beck. The bill passed by a roll call vote of eight ayes. <br />ORDINANCE NO. 6955 -81 <br />AN ORDINANCE APPROPRIATING $218,938.00 FROM <br />COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR <br />THE PURPOSE OF ESTABLISHING AN ANNUALIZED <br />BUDGET FOR THE DIVISION OF COMMUNITY DEVELOP- <br />MENT OF THE CITY OF SOUTH BEND, INDIANA, FOR <br />THE PROGRAM YEAR BEGINNING JULY 7, 1981, TO <br />BE ADMINISTERED THROUGH THE DIVISION OF COM- <br />MUNITY DEVELOPMENT.' <br />This bill had second reading. Council Member Beck made a motion to <br />amend this bill, as amended in the Committee of the Whole, seconded by <br />Council Member Dombrowski. The motion carried. Council Member Beck <br />made a motion to pass this bill, as amended, seconded by Council Mem- <br />ber Dombrowski. The bill passed by a roll call vote of eight ayes. <br />ORDINANCE NO. 6956 -81 <br />AN ORDINANCE TRANSFERRING $291,782.00 AMONG <br />VARIOUS ACCOUNTS, ALL ACCOUNTS BEING WITHIN <br />THE DIVISION OF COMMUNITY DEVELOPMENT. <br />This bill had second reading. Council Member Dombrowski made a motion <br />to amend this bill, as amended in the Committee of the Whole, seconded <br />by Council Member Beck. The motion carried. Council Member Beck made <br />a motion to pass the bill, as amended, seconded by Council Member <br />Dombrowski. The bill passed by a roll call vote of eight ayes. <br />RESOLUTIONS <br />RESOLUTION NO. 904 -81 AN INDUCEMENT RESOLUTION OF THE CITY OF SOUTH <br />BEND, INDIANA, RELATING TO: JOHN P. CARRICO <br />AND SONYA K. CARRICO PROJECT. <br />WHEREAS, at the present time there are insufficient employment <br />opportunities and insufficient diversification of business, commerce <br />and 'industry in and near the City of South Bend, Indiana (the "City "); <br />�I <br />C <br />i <br />