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REGULAR MEETING FEBRUARY 12, 1979
<br />REGULAR MEETING RECONVENED (CONTINUED)
<br />Be it remembered that the regular meeting of the Common Council of the City of South Bend
<br />reconvended in the Council Chambers on the fourth floor of the County -City Building at 8:35 p.m.,l
<br />Council President Parent presiding and nine members present.
<br />BILLS, SECOND READING
<br />(ORDINANCE NO. 6549 -79
<br />AN ORDINANCE APPROVING THE FORM AND TERMS OF LEASE AND
<br />TRUST INDENTURE AND INDUSTRIAL DEVELOPMENT REVENUE BONDS,
<br />AND AUTHORIZING THE EXECUTION THEREOF PERTAINING TO
<br />PETERSEN PRINTING CORPORATION.
<br />This bill had second reading. Council Member Serge made a motion to pass this bill, seconded
<br />by Council Member Dombrowski. The bill passed by a roll call vote of nine ayes.
<br />ORDINANCE NO. 6550 -79
<br />AN ORDINANCE APPROVING THE FORM AND TERMS OF LEASE AND
<br />TRUST INDENTURE AND INDUSTRIAL DEVELOPMENT REVENUE BONDS,
<br />AND AUTHORIZING THE EXECUTION THEREOF PERTAINING TO
<br />GEORGE E. ROSS, ROBERT C. ROSS AND RICHARD C. ROSS A
<br />PARTNERSHIP.
<br />This bill had second reading. Council Member Kopczynski made a motion to pass this bill, secon
<br />by Council Member Adams. The bill passed by a roll call vote of nine ayes.
<br />ORDINANCE NO. 6551 -79
<br />AN ORDINANCE APPROPRIATING $12,000.00 OF YOUTH SERVICE
<br />BUREAU MONIES FROM THE CITY OF SOUTH BEND CRIME CONTROL
<br />FUND FOR VARIOUS YOUTH SERVICE BUREAU ACTIVITIES DURING
<br />THE PERIOD JANUARY 1, 1979 THROUGH DECEMBER 31, 1979.
<br />This bill had second reading. Council Member Serge made a motion to pass this bill, seconded
<br />by Council Member Adams. The bill passed by a roll call vote of nine ayes.
<br />BILL NO. 11 -79 A BILL AMENDING CHAPTER 2, ARTICLE 15, DIVISION 3, OF THE
<br />MUNICIPAL CODE OF THE CITY OF SOUTH BEND, COMMONLY KNOWN
<br />AS A MERIT SYSTEM OF PROMOTIONS FOR THE POLICE DEPARTMENT.
<br />This bill had second reading. Council Member Adams made a motion to refer this bill to the
<br />Public Safety Committee, seconded by Council Member Kopczynski. The motion carried on a roll
<br />call vote of five ayes and four nays (Council Members Szymkowiak, Miller, Taylor and Parent.)
<br />RESOLUTIONS
<br />RESOLUTION NO. 678 -79 AN INDUCEMENT RESOLUTION RELATING TO THE MARRIOTT HOTELS
<br />OF WASHINGTON, D.C. PROJECT
<br />WHEREAS, pursuant to the Indiana Code of 1971, Title 18, Chapter 6, Article 4.5, as amended,
<br />the Common Council of the City of South Bend created the South Bend Economic Development Com-
<br />mission, which such South Bend Economic Development Commission heretofore has investigated,
<br />studied, surveyed and reported to the Mayor and the Common Council of the City of South Bend,
<br />Indiana, that a neede exists in the community for additional job opportunities and commercial
<br />diversification within the City of South Bend, Indiana; and in order to improve and promote
<br />job opportunities and commercial diversification within the City of South Bend, Indiana, a
<br />financing agreement should be effected with Marriott Hotels of Washington, D.C., or its nominees,
<br />relating to a project to be known as the "Marriott Hotels of Washington, D. C. Project "; and
<br />WHEREAS, said Mariott Hotels of Washington, D. C. is an existing corporation engaged in the
<br />hotel business and desires to expand its operations and employ a substantial number of employees
<br />and be the principal user for such purpose of an eight -story hotel building complex with related
<br />equipment and furnishings which includes approximately three hundred (300) rooms and rentable
<br />retail space (hereinafter sometimes referred to as "Economic Development Facilities ") to be
<br />located on a part of the 2.75 acre block in the South Bend, Indiana Urban Renewal Area R -66
<br />which is bounded by St. Joseph Street on the East, Colfax Street on the North, Washington
<br />Street on the South and Michigan Street on the West, which such land is involved in the UDAG
<br />Grant of the City of South Bend, Indiana, pursuant to Application No. B- AA -78 -18 -0003.
<br />WHEREAS, to induce Marriott Hotels of Washington, D. C., or its nominees, to become the
<br />principal user of such Economic Development Facilities, the Common Council of the City of South
<br />Bend desires to adopt this resolution; and
<br />WHEREAS, it is apparent that such Marriott Hotels of Washington, D. C. Project will increas
<br />job opportunities and commercial diversification in South Bend, Indiana, resulting in a benefit
<br />to the welfare of the public in the City of South Bend, Indiana, and St. Joseph County, Indiana.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as
<br />follows:
<br />SECTION 1. That approval is hereby given to the application of Marriott Hotels of Washingt
<br />D.C., or its nominees, relating to the acquisition and construction of such Economic Development
<br />Facilities under an arrangement whereby a portion of the costs of such acquisition and con-
<br />struction would be paid from the proceeds of Industrial Development Bonds to be issued by the
<br />City of South Bend, Indiana, for an amount not exceeding Ten Million Dollars ($10;000,000.00),
<br />repayable with interest thereon over a period of time and with a maturity date which does not
<br />extend beyond thirty (30) years after the issue date.
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