12-11-78 Council Meeting Minutes

Home Browse Search

REGULAR MEETING DECEMBER 1 1 , 1Q78 REGULAR MEETING RECONVENED (CONTINUED) RESOLUTION NO. 671 -78 A RESOLUTION AUTHORIZING THE CONTROLLER OF THE CITY OF SOUTH BEND, INDIANA TO INVEST CERTAIN IDLE FUNDS DURING THE YEAR 1979 IN ACCORDANCE WITH INDIANA CODE 5 -13 -1 and 5 -13 -2. WHEREAS, there are certain idle funds of the Civil City of South Bend which may be in- vested for periods of time without affecting the operations of the various department of the City and; WHEREAS, Indiana Code 5 -13 -1 and 5 -13 -2 enables the Controller to invest such idle funds with the approval of the Common Council. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana: SECTION I. That during the calendar year 1979, the Controller invest certain idle funds of the Civil City of South Bend for such periods of time that he determines are not needed for the mrmal operations of the various departments of Civil City. SECTION II. This Resolution shall be in full force and effect from and afters its passage by the Common Council and its approval by the Mayor. /s /Mary Christine Adams Member of the Common Council A public hearing was held on this resolution at this time. Mr. Peter Mullen, City Controller, indicated this resolution would allow him to invest idle City funds. Council Member Miller made a motion to adopt this resolution, seconded by Council Member Taylor. The motion carried. BILLS. FIRST READING ORDINANCE NO. 6529 -78 AN ORDINANCE APPROVING THE FORM AND TERMS OF LOAN AGREEMENT, MORTGAGE AND TRUST INDENTURE AND INDUSTRIAL DEVELOPMENT REVE- NUE BONDS, AND AUTHORIZING THE.EXECUTION THEREOF PERTAINING TO F & F REALTY, AN INDIANA PARTNERSHIP. This bill had first reading. Council Member Adams made a motion to suspend the rules, and have public hearing and second reading on this bill, as well as 10B on the agenda, seconded by Council Member Kopczynski. The motion passed on a roll call vote of nine ayes. 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 $300,000 bond issue would be used for the acquisition of land and construction of a facility to be leased to K &F Manufacturing, Inc., in the Industrial Park in Granger. He said this facility will initially employ approximately fifteen new employees. Council Member Serge made a motion to pass this bill, seconded by Council Member Dombrowski. The bill passed by a roll call vote of nine ayes. ORDINANCE NO. 6530 -78 AN ORDINANCE APPROVING THE FORM AND TERMS OF LEASE, MORTGAGE AND TRUST INDENTURE AND INDUSTRIAL DEVELOPMENT REVENUE BONDS, AND AUTHORIZING THE EXECUTION THEREOF PERTAINING TO DENTAL ARTS BUILDING PARTNERSHIP. This being the time heretofore set for public hearing on the above bill, proponents and opponent 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 $900,000 bond issue would be used for land acquisition and construction of a new building and 'equipment to be located at 213 N. Notre Dame. He said this facility will employ approximately eleven new persons with a yearly payroll of approximately $147,600. Council Member Serge made a motion to pass this bill, seconded by Council Member Dombrowski. The bill passed by a roll call vote of nine ayes. BILL NO. 241 -78 A BILL AMENDING ORDINANCE NO 4990 -68, AS AMENDED COMMONLY KNOWN AS THE ZONING ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA (CHAPTER 21, MUNICIPAL CODE) (SCOTTSDALE ADDITION.) This bill had first reading. Council Member Adams made a motion to refer this bill and petition to Area Plan, seconded by Council Member Dombrowski. The motion carried. BILL NO. 242 -78 A BILL AMENDING ORDINANCE NO. 4990 -68, AS AMENDED COMMONLY KNOWN AS THE ZONING ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA (CHAPTER 21, MUNICIPAL CODE) (107 S. GREENLAWN.) This bill had first reading. Council Member Adams made a motion to refer this bill and petition to Area Plan, seconded by Council Member Dombrowski. The motion carried. BILL NO. 243 -78 A BILL APPROPRIATING $200,000.00 FROM THE FEDERAL ASSISTANCE GRANT FUND, COMMONLY REFERRED TO AS GENERAL REVENUE SHARING GRANT FOR VARIOUS PROGRAMS TO BE ADMINISTERED BY THE CITY OF SOUTH BEND THROUGH'THE DEPARTMENT OF ADMINISTRATION AND FINANCE. This bill had first reading. Council Member Adams made a motion to set this bill for public hearing and second reading January 8, 1979, seconded by Council Member Dombrowski. The motion carried. Is