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<br />REGULAR MEETING APRIL 26 1982
<br />WHEREAS, Section 11(b) of the United States Housing Act of 1937 provides that
<br />interest paid on obligations issued by certain entities, such as the Corporation, to
<br />assist in financing of housing, such as the Project, are tax - exempt, and the same
<br />section authorizes an exemption from taxation for income derived by such entities
<br />from such housing;
<br />WHEREAS, in order to obtain the tax exemption benefits of federal law, it is
<br />necessary for the Housing Authority of the City of South Bend, Indiana (the "Author-
<br />ity") to make certain findings and enter into certain agreements with respect to the
<br />Project and the Corporation, which findings and agreements are set out in substant-
<br />ially the form of the Resolution attached hereto as Exhibit I; and
<br />WHEREAS, in order for the Housing Authority of the City of South Bend, Indiana
<br />tomake such findings, enter into such agreements and engage in trasactions contem-
<br />plated by Exhibit I attached hereto, as Exhibit I; and
<br />WHEREAS, in order for the Housing Authority of the City of South Bend, Indiana
<br />to make such findings, enter into such agreements and engage in trasactions contem-
<br />plated by Exhibit I attached hereto, it is necessary, pursuant to Burns Indiana
<br />Statutes Section 36- 7- 18 -14, for the Common Council of South Bend, Indiana, the gov-
<br />erning body which activated the Authority, to approve the Project;
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana, that:
<br />SECTION 1. The Project is hereby approved.
<br />SECTION 2. The adoption by the Authority of a Resolution, in substantially the
<br />same for as Exhibit I attached hereto, is approved.
<br />SECTON 3. The Authority's transactions contemplated by the Resolution, attached
<br />hereto as Exhibit I, are approved.
<br />SECTON 4. This Resolution shall be in full force and effect from the date of
<br />its passage, signing and attestation.
<br />Lewis A. McGann
<br />Presiding Officer
<br />A public hearing was held on the resolution at this time. William Voor, attorney for
<br />the Housing Authority, indicated the Housing Authority had adopted a resolution ap-
<br />proving this project. He indicated this project would be similar to the Karl King
<br />Towers. Council Member Szymkowiak made a motion to adopt this resolution, seconded
<br />by Council Member Beck. The resolution was adopted by a roll call vote of nine ayes.
<br />BILLS, FIRST READING
<br />BILL NO. 37 -82 A BILL TO VACATE THE FOLLOWING DESCRIBED PROPERTY: THE
<br />FIRST EAST -WEST ALLEY SOUTH OF LINCOLNWAY WEST RUNNING
<br />EAST FROM RYER STREET TO THE FIRST INTERSECTING
<br />NORTH -SOUTH ALLEY FOR A DISTANCE OF 120'; ALL
<br />BEING IN BRENTWOOD ESTATES 4TH ADDITION TO
<br />THE CITY OF SOUTH BEND, INDIANA.
<br />This bill had first reading. Council Member Beck made a motion to suspend the rules
<br />and have public hearing and second reading on this bill, seconded by Council Member
<br />Taylor. The motion carried on a roll call vote of nine ayes. Now is the time here-
<br />tofore set for public hearing on the above bill, proponents and opponents were given
<br />an opportunity to be heard. Mardelle DeLanghe, 1240 Ryer St., the petitioner, made
<br />the presentation for the bill. She indicated they wanted this alley vacated, since
<br />it was not used, and they presently maintained it. Thomas Szabo, 3310 Lincolnway
<br />West, spoke against the closing of this alley, indicating it would deny him entrance
<br />to a garage. John Leszczynski, Director of Public Works, indicated there was access
<br />from the north -south alley. Council Member Dombrowski made a motion to continue this
<br />public hearing in the Council portion, until May 10, and refer it to the Residential
<br />Neighborhood Committee, seconded by Council Member Crone. The motion carried. Coun-
<br />cil Member Beck indicated there will be a committee meeting May 10, at 6:00 p.m.
<br />BILL NO. 38 -82
<br />A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
<br />INDIANA, AMENDING VARIOUS SECTIONS OF CHAPTER 4 OF THE MUNI-
<br />CIPAL CODE OF THE CITY OF SOUTH BEND, INDIANA, COMMONLY
<br />KNOWN AS LICENSES, AND BY THE ADDITION OF SECTION 4 -20 EN-
<br />TITLED AUTOMOBILE BODY REPAIR /USED CAR DEALERS AND SECTION
<br />4 -31 ENTITLED IMPOUNDED MOTOR VEHICLE STORAGE BUSINESSES.
<br />This bill had first reading. Council Member Dombrowski made a motion to set this
<br />bill for public hearing and second reading June 14, 1982, seconded by Council Member
<br />Beck. The motion carried.
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