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AUGUST 30, 1962 <br />Be it remembered that the Common Council of the City of South Bend, Indiana, met in Special Session in the Council <br />Chambers in the City Hall on Thursday, August 30, 1962, at 12:35 P.M., with all members present except Councilman <br />Coleman. The meeting was called to order by President Joseph T. Kroll, who presided. <br />The Clerk read the Call for Special Meeting, which reads as follows: <br />STATE OF INDIANA <br />ST. JOSEPH COUNTY : SS: CALL FOR SPECIAL MEETING <br />CITY OF SOUTH BEND : <br />To the President and Members of the Common Council of the City of South Bend, Indiana: <br />Gentlemen: <br />You are hereby notified that under and by virtue of the authority vested in me by law as Mayor of the City of South <br />Bend, in the State of :Indiana, a Special Meeting of the Common Council of said City is hereby called to meet in the <br />Council Chambers, in the City Hall at the Hour of 12:30 P.M., on Thursday, August 30, 1962, for the purpose of acting <br />upon the following: <br />AN ORDINANCE TO OBTAIN A TEMPORARY LOAN IN ANTICIPATION OF CURRENT REVENUES <br />OF THE CITY OF SOUTH BEND WHICH HAVE BEEN LEVIED AND ARE IN THE COURSE OF <br />COLLECTION FOR THE FISCAL YEAR 1962 <br />The Chief of Police or any member of the Police Force is hereby directed to, forthwith serve a copy of this notice on <br />each and every member of the Common Council and make due return of such service of said Special Meeting. <br />DATED this 29th day of August, 1962. <br />S E A L <br />/s/ Freda G. Noble <br />Freda G. Noble, City Clerk of the City of <br />South Bend, Indiana <br />Isl FRANK J. BRUGGNER <br />Frank J. Bruggner, Mayor of the City of South <br />Bend, Indiana <br />The within call came to hand this 29th day of August, 1962, which I served by reading; the same to each Councilman, <br />upon the date designated, as follows: <br />/s/ Harold L. Coleman, /a/ T. W. Lehman, /s/ Albert Tellson, /s/ Paul E. Krueper, Jr. <br />or by leaving a certified copy thereof at the last and usual place of residence of such members as I was unable to <br />find, as follows: <br />Chester Muszynski (wife) Walter Glass per Ellen Glass, Eugene Ladewski (wife) Mrs. Joseph Kroll <br />Paul E. Krueper, St. J . Chester Allen (with Secretary at Office) <br />Isl Sgt. Earl Paffenbach <br />' Member of the South Bend Police Department <br />Councilman Lehman made a motion that the Call for Special Meeting be accepted and placed on file. Councilman Allen <br />seconded the motion. Motion carried. <br />ROLL CALL <br />PRESENT: Councilmen Kroll, Allen, Ladewski, Tellson, Glass, Krueper, Lehman and Muszynski <br />ABSENT: Councilman Coleman. <br />COMMUNICATION <br />TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: <br />There are insufficient funds in the General Fund of the City to meet operating needs which were included in the regu- <br />lar budget and appropriation adlpted for the year 1962 which are required to be met prior to the receipt of taxes in <br />the year 1962. It will be necessary to authorize and make a temporary loan for the General Fund in the amount of <br />$750,000.00, and I recommend that a temporary loan be authorized for the General Fund in the amount of $750,000.00, <br />and that the warrants evidencing said loan be made payable November 13, 1962. <br />The net assessed valuation of taxable property in the City, as shown by the assessment made for City and County taxes <br />in the year 1962 was $2.803 on each $100.00 taxable valuation, and I estimate that the total amount to be received €r <br />