01-11-82 Council Meeting Minutes

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2- 173 REGULAR MEETING JANUARY 11, 1982 BILL NO. 143 -81 A BILL AMENDING CHAPTER 2, ARTICLE 6 OF THE MUNICIPAL CODE OF THE CITY OF SOUTH BEND, ENTITLED TAX ABATEMENT PROCED- URES. Now is the time heretofore set'for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Patrick McMahon, Director of Re- development, made the presentation for the bill. He indicated the bill should be amended as follows; change the word "purchase" to "acquisition" throughout the bill; in paragraph (8) after the, add level of employment that will be maintained or the; page 2, paragraph (2) remove realize a net increase in, and add "retain or increase "; Sec. 2 -77, (a) remove "Upon," change pursuant to, to "with ", add "is" after Commis- sion, add "the" after for, change purposes to purpose, remove "for review and recom- mendation to the Common Council. "; page 3 (c) remove, a substantial net increase in new, and change to maintaining or increasing; Section II., do not eliminate "and legal publication." Council Member McGann made a motion to amend the bill, seconded by Council Member Dombrowski. The motion carried. Mr. McMahon indicated this bill would amend the current Tax Abatement Ordinance to include machinery and equipment provisions recently enacted by State Legislature. Council Member Dombrowski made a motion to recommend this bill to the Council favorable, as amended, seconded by Coun- cil Member Taylor. The motion carried. ATTEST: ATTEST: City Clerk Chai an REGULAR MEETING RECONVENED Be it remembered that the Common Council of the City of South Bend reconvened in the Council Chambers on the fourth floor of the County -City Building at 7:30 p.m. Coun- cil President McGann presiding and seven members present. BILLS, SECOND READING ORDINANCE NO. 7012 -81- AN ORDINANCE AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT, INDENTURE OF TRUST, MORTGAGE, NOTE AND BONDS AND APPROVING THE FORM AND TERMS OF THE LOAN AGREEMENT, INDENTURE OF TRUST, LEASE, MORTGAGE, NOTE AND BONDS AND AUTHORIZING THE ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE BONDS AND APPROVING RESOL- UTION NO. 13 -81 OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION RELATING TO THE ROBERT H. FRESHLEY PROJECT. This bill had second reading. Council Member Taylor made a motion to pass this bill, seconded by Council Member Beck. The bill passed by a roll call vote of seven ayes. ORDINANCE NO. 7013 -82 AN ORDINANCE AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT, INDENTURE OF TRUST, NOTE AND BONDS AND APPROVING THE FORM AND TERMS OF THE LOAN AGREEMENT, INDENTURE OF TRUST, LEASE, NOTE AND BONDS AND AUTHORIZING THE ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE BONDS AND APPROVING RESOLUTION NO. 14 -81 OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION RELATING TO JEFFRY S. BEARDSLEY - BERNELL CORPORATION PROJECT. This bill had second reading. Council Member Beck made a motion to pass this bill, seconded by Council Member Dombrowski. The bill passed by a roll call vote of seven ayes. ORDINANCE NO. 7014 -82 AN ORDINANCE TO VACATE THE FOLLOWING DESCRIBED PROPERTY: THE 40 FOOT RIGHT OF WAY OF LATHROP STREET FROM THE NORTHEAST CORNER OF SECTION 32, TOWNSHIP 38 NORTH, RANGE 2 EAST WEST TO THE EAST RIGHT OF WAY LINE OF BUTTERNUT ROAD, A DISTANCE OF APPROXIMATELY 3400 FEET. This bill had second reading. Council Member Serge made a motion to pass this bill, seconded by Council Member Taylor. The bill passed by a roll call vote of seven ayes. ORDINANCE NO. 7015 -82 AN ORDINANCE CREATING A SPECIAL FUND TO BE KNOWN AS THE COP FUND. This bill had second reading. Council Member Taylor made a motion to pass this bill, seconded by Council Member Dombrowski. The bill passed by a roll call vote of seven ayes.