03-10-69 Council Committee of the Whole Meeting Minutes

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, d COMMITTEE OF THE WHOLE MEETING Be it remembered that the Common Council of the City of South Bend,Indiana met in the Committee of the Whole in the Council Chambers of City Hall on Monday, March 10, 1969, at 8:00 p.m., with all members present. The Invocation was given by Reverend Stephen Kalabany, Memorial Presbyterian Church, 1836 Portage Avenue, South Bend, Indiana. The meeting was called to order by Chairman William W. Grounds. OPn TMAMrT? AN ORDINANCE OF THE_.CITY- OF.SOUTH BEND, INDIANA AUTHORIZING THE MAKING OF A TEMPORARY LOAN FOR THE GENERAL FUND AND THE ISSUANCE AND SALE OF WARRANTS OF THE CITY FOR SUCH.PURPOSE. This being the time heretofore set for public hearing on the above Ordinance, proponents and opponents were given an opportunity to be heard thereon, Deputy Controller, James R. Borror gave the following recommendation relative to the making of the temporary loan for the General Fund of the City: TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: There are insufficient funds in the General Fund of the City to meet operating needs which are included in the regular budget and appropriation adopted for the year 1969, which are required to be met prior to the receipt of taxes in the year 1969. It will be necessary to authorize and to make a temporary loan for the General Fund in the amount not exceeding $700,000.00 and I recommend that a temporary loan be authorized for the General Fund in the amount not to exceed $700,000.00, and that the warrants evidencing said loan be made payable on or before June 30, 1969. The net assessed valuation of taxable property in the City, as shown by the assessment made for City and County taxes in the year 1968, is in the amount of$241,060,190. The tax levy made for the General Fund for the year 1969 was 2.35 on each $100.00 taxable valuation, and I estimate that the total amount to be received from such tax levy will be approximately $5,664,914.48. Councilman Szymkowiak made a motion that the Ordinance go to the Council as favorable. Councilman Allen seconded the motion. Motion carried. nPnTMAWrV.. AN ORDINANCE APPROVING CONTRACTS BETWEEN THE WASTEWATER TREATMENT PLANT OF THE CITY OF SOUTH BEND, INDIANA, AND VARIOUS SUPPLIERS FOR THE PURCHASE OF EQUIPMENT TOTALING $8,670.83. This being the time heretofore set for public hearing on the above Ordinance, proponents and opponents were given an opportunity to be heard thereon. Speaking in favor of the ordinance was John Hunter, Water Works Superintendent, Councilman Reinke requested`an up -to -date list of equipment now being used by both the Wastewater Plant and Water Works. Mr. Hunter agreed to supply the list for the Council. Councilman Szymkowiak made a motion that the Ordinance go to the Council as favorable. Councilman Reinke seconded the motion. Motion carried. ORDINANCE AN ORDINANCE APPROVING CONTRACTS BETWEEN THE WATER WORKS OF THE CITY OF SOUTH BEND, INDIANA, AND VARIOUS SUPPLIERS FOR THE PURCHASE OF EQUIPMENT TOTALING $9,712.31. This being the time heretofore set for public hearing on the above Ordinance, proponents and opponents were given an opportunity to be heard thereon. Speaking in favor of the ordinance was John Hunter, Water Works Superintendent. He answered various questions directed to him by members of the Council. Councilman Reinke made a motion that the Ordinance go to the Council as favorable. Councilman Zielinski seconded the motion. Motion carried. There being no further business before the Committee of the Whole, Councilman Palmer, made a motion to rise and report to the Council. Councilman Allen seconded the motion. Motion carried. Time: 8:13 p.m. ATTEST: APPROVED: CLERK D CHAIRMAN