11-06-78 Council Meeting Minutes

Home Browse Search

REGULAR MEETING NOVEMBER 6, 1978 Be it remembered that the Common Council of the City of South Bend met in the Council Chambers of the County -City Building on Monday, November 6, 1978, at 7:00 p.m. Council President Parent presiding. The meeting was called to order, and the Pledge to the Flag was given. ROLL CALL PRESENT: Council Members Serge, Szymkowiak, Miller, Taylor, Kopczynski, Adams, Dombrowski, Horvath and Parent. ABSENT: None REPORT FROM THE SUB - COMMITTEE ON MINUTES To the Common Council of the City of South Bend: Your sub - committee on the inspection and supervision of the minutes would respectfully report that it has inspected the minutes of the October 23, 1978 meeting of the Council and found them correct. The sub- committee, therefore, recommends that the same be approved. /s /Roger Parent /s /Mary Christine ADams Council Member Serge made a motion that the minutes of the October 23, 1978, meeting of the Council be accepted and placed on file, seconded by Council Member Dombrowski. The motion carried. , Council Member Dombrowski made a motion to resolve into the Committee of the Whole, seconded by Council Member Adams. The motion carried. COMMITTEE OF THE WHOLE Be it remembered that the Common Council of the City of South Bend met in the Committee of the Whole on Monday, November 6, 1978, at 7:04 p.m., with nine members present. Chairman Frank Horvath presiding. BILL NO. 204 -78 A BILL APPROVING THE FORM AND TERMS OF LEASE, MORTGAGE AND TRUST INDENTURE AND INDUSTRIAL DEVELOPMENT REVENUE BONDS, AND AUTHORIZING THE EXECUTION THEREOF PERTAINING TO FULG COMPANY, AN INDIANA LIMITED PARTNERSHIP. This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Mr. Kenneth Fedder, attorney for the Economic Development Commission, made the presentation for the bill. He indicated this $160,000 bond issue will finance a Pizza Hut at 502 N. Michigan. He said the facility will employ approximately sixteen people. Council Member Adams made a motion t9 recommend this bill to the Council favorable, seconded by Council Member Dombrowski. The motion carried. BILL NO. 205 -78 A BILL APPROVING THE FORM AND TERMS OF LOAN AGREEMENT, INDENTURE OF TRUST AND MORTGAGE AND INDUSTRIAL DEVELOP- MENT REVENUE BONDS, AND AUTHORIZING THE EXECUTION THEREOF PERTAINING TO N/D REALTY. This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Mr. Kenneth Fedder, attorney for the Economic Develop- ment Commission, made the presentation for the bill. He indicated this $250,000 bond issue would be used for acquisition of land and construction of a facility to be leased to Navarre Cadillac Oldsmobile. He said this expansion will mean an increase in employment of approximately six new jobs. Council Member Szymkowiak made a motion to recommend this bill to the Council favorable, seconded by Council Member Dombrowski. The motion carried.