02-12-79 Council Meeting Minutes

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REGULAR MEETING FEBRUARY 12, 1979 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, February 12; 1979, 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 January 22,'1979 meeting of the Council and found them correct. The sub- committee, therefore, recommends that the same be approved. /s /Roger 0. Parent /s /Mary Christine Adams Council Member Serge made a motion that the minutes of the January 22, 1979, 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, February 12, 1979, at 7:02 p.m., with nine members present. Chairman Frank Horvath presiding. BILL NO. 8 -79 A BILL APPROVING THE FORM AND TERMS OF LEASE AND TRUST INDENTURE AND INDUSTRIAL DEVELOPMENT REVENUE BONDS, AND AUTHORIZING THE EXECUTION THEREOF PERTAINING TO PETERSEN PRINTING CORPORATION. This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Mr. Aenneth Fedder, attorney for the Economic Development Commission, made the presentation for the bill. He indicated that this $725,000 bond issue was for the financing and acquisition of property, equipment and construction of an addition located at 746 S. Arnold. He said the new facility will initially employ approximately three new employees. Council'Member Adams made a motion to recommend this bill to the Council favorable, seconded by Council Member Kopczynski. The motion carried. BILL NO. 7 -79 A BILL APPROVING THE FORM AND TERMS OF LEASE AND TRUST INDENTURE AND INDUSTRIAL DEVELOPMENT REVENUE BONDS, AND AUTHORIZING THE EXECUTION THEREOF PERTAINING TO GEORGE E. ROSS, ROBERT C. ROSS AND RICHARD C. ROSS, A PARTNERSHIP.