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Home My WebLink About12-03-99 Council Special Meeting MinutesSPECIAL MEETING DECEMBER 3, 1999 Be it remembered that the Common Council of the City of South Bend, Indiana, met in the Common Council Informal Meeting Room on Friday, December 3, 1999, at 12:00 noon. The meeting was called to order by Council President Sean Coleman and the Invocation and Pledge to the Flag were given. ROLL CALL Present: James Aranowski Charlotte Pfeifer Roland Kelly Karl King David Varner Andrew Uj dak Sean Coleman Absent: Rod Sniadecki John Hosinski 1St District 2 °d District Chairperson, Committee of the Whole 3rd District 4th District 5th District 6th District At -Large President At -Large None At -Large Vice - President SPECIAL BUSINESS Council President Coleman reminded everyone that there will be only one (1) regular meeting of the Council in December to be held on Monday, December 13, 1999. RESOLVE INTO THE COMMITTEE OF THE WHOLE At 12:03 p.m. Councilmember Kelly made a motion to resolve into the Committee of the Whole. Councilmember Ujdak seconded the motion which carried by a voice vote of seven (7) ayes. Chairman Pfeifer presiding. BILL NO. 103 -99 A BILL AUTHORIZING THE ISSUANCE AND SALE OF NOT MORE THAN $1,300,000 ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1999 (RINK RIVERSIDE PRINTING, INC. PROJECT) OF THE CITY OF SOUTH BEND, INDIANA, FOR THE PURPOSE OF FUNDING A LOAN TO RINK RIVERSIDE PRINTING, INC. IN ORDER TO FINANCE THE ACQUISITION AND INSTALLATION OF EQUIPMENT AND MACHINERY TO BE UTILIZED IN AN EXISTING MANUFACTURING FACILITY LOCATED IN THE CITY OF SOUTH BEND, INDIANA; PROVIDING FOR THE PLEDGE OF REVENUES FOR THE PAYMENT OF SUCH BONDS; AUTHORIZING THE EXECUTION OF A BOND PURCHASE AND LOAN AGREEMENT AND A PROJECT NOTE APPROPRIATE FOR THE PROTECTION AND DISPOSITION OF SUCH REVENUES AND TO FURTHER SECURE SUCH BONDS; AND AUTHORIZING SUCH OTHER ACTIONS IN CONNECTION WITH THE ISSUANCE OF SUCH BONDS Councilmember Kelly reported that the Community & Economic Development Committee met on this Resolution on November 22,1999 and sends it to the Council with a favorable recommendation. Further, Councilmember Kelly made a motion to consider the substitute version of this bill as submitted. Council President Coleman seconded the motion which carried by a voice vote of seven (7) ayes. SPECIAL MEETING DECEMBER 3, 1999 Mr. Kenneth P. Fedder, Attorney at Lave, 205 West Jefferson Boulevard, South Bend, Indiana, made the presentation for this bill on behalf of the South Bend Economic Development Commission. Mr. Fedder indicated that this bill has been substituted because the original version contained an incorrect address of the business location as well as an incorrect date of publication of notice of a hearing by the Economic Development Commission. Mr. Fedder informed the Council that five (5) members of the Economic Development Commission passed a Resolution today approving the financing for this project in order that Rink Riverside Printing can move from its existing location to 814 South Main Street the former Shafer Gear Works building. He noted that this bond issue is in the amount of one million three hundred thousand dollars ($1,300,000.00) and the Revenue Bonds will be bought by a bank in Indianapolis. This is not a General Obligation bond of the City and in no way will City funds be used. Additionally, he noted that there is no liability on the behalf of the issuer. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. There being no one present wishing to speak to the Council either in favor of or in opposition to this bill, Council President Coleman made a motion for favorable recommendation to full Council concerning this bill as substituted. Councilinember Ujdak seconded the motion which carried by a voice vote of seven (7) ayes. RISE AND REPORT Council President Coleman made motion to rise and report to the full Council. Councilmember Kelly seconded the motion which carried by a voice vote of seven (7) ayes. ATTEST: ATTEST: '�o� J. a ity ler Charlotte Pfeifer, Chaii rs n Committee of the Whole REGULAR MEETING RECONVENED Be it remembered that the Common Council of the City of South Bend reconvened in the Council Chambers on the fourth floor of the County -City Building at 12:06 p.m. Council President Sean Coleman presided with seven (7) members present. BILLS - THIRD READING ORDINANCE NO. 9067-99 AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF NOT MORE THAN $1,300,000 ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1999 (RINK RIVERSIDE PRINTING, INC. PROJECT) OF THE CITY OF SOUTH BEND, INDIANA, FOR THE PURPOSE OF FUNDING A LOAN TO RINK RIVERSIDE PRINTING, INC. IN ORDER TO FINANCE THE ACQUISITION AND INSTALLATION OF EQUIPMENT AND MACHINERY TO BE UTILIZED IN AN EXISTING MANUFACTURING FACILITY LOCATED IN THE CITY OF SOUTH BEND, INDIANA; PROVIDING FOR THE PLEDGE OF REVENUES FOR THE PAYMENT OF SUCH BONDS; AUTHORIZING THE EXECUTION OF A BOND I- 1 1 SPECIAL MEETING DECEMBER 3, 1999 PURCHASE AND LOAN AGREEMENT AND A PROJECT NOTE APPROPRIATE FOR THE PROTECTION AND DISPOSITION OF SUCH REVENUES AND TO FURTHER SECURE SUCH BONDS; AND AUTHORIZING SUCH OTHER ACTIONS IN CONNECTION WITH THE ISSUANCE OF SUCH BONDS This bill had third reading. Councilmember King made a motion to consider the substitute version of this bill. Councilmember Kelly seconded the motion which carried by a voice vote of seven (7) ayes. Additionally, Councilmember Kelly made a motion to pass this bill as substituted. Councilmember Aranowski seconded the motion which carried. The bill passed by a roll call vote of seven (7) ayes. RESOLUTIONS RESOLUTION NO. 2817 -99 A RESOLUTION AUTHORIZING THE TEMPORARY TRANSFER OF IDLE FUNDS OF THE CITY OF SOUTH BEND, INDIANA, FROM VARIOUS FUNDS TO THE VARIOUS FUNDS WITHIN THE CIVIL CITY OF SOUTH BEND, INDIANA WHEREAS, it is necessary to provide funds for the Water Works Leak Insurance Fund No. 644, in order to meet the current operating expenses; and WHEREAS, there are monies on deposit to the credit of the Sewer Repair Insurance Fund No. 640, which can be temporarily advanced or transferred to the aforementioned fund; and WHEREAS, Indiana Code 36 -1 -8 -4 authorizes the Common Council of the City of South Bend, by Resolution adopted by such Council, to advance and transfer to a depleted fund from any other such fund, such amount and for such a period of time as may be prescribed in the Resolution. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The City Controller of the City of South Bend is authorized to transfer an aggregate amount not to exceed $100,000.00 from the Sewer Repair Insurance Fund No. 640 to the Water Works Leak Insurance Fund No. 644. Any such transfers must be repaid by December 31, 2000. FROM Sewer Repair Insurance Fund No. 640 MAXIMUM TO $100,000.00 Water Works Leak Insurance Fund No. 644 SECTION II. Such transfer shall be made for a period of time not to exceed beyond December 31, 2000, and any funds so transferred shall be returned and repaid to the Sewer Repair Insurance Fund No. 640. SECTION III. This Resolution shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. s /Sean Coleman Member of the Common Council Mr. Lew Powell, Director of Public Works, Department of Public Works, 1316 County -City SPECIAL MEETING DECEMBER 3, 1999 Building, South Bend, Indiana made the presentation for this bill. Mr. Powell informed the Council that this bill requests a temporary account transfer from the Sewer Repair Insurance Fund. He noted that the Water Works Insurance Fund was hit hard due to the diversion of water as the Pinhook Filtration Plant was closed for renovation and then put back on line and the North Station was shut down for the installation of pressure filters. This caused changes not only in the flow of water but in many cases in pressure as well. Mr. Powell noted that this money will be repaid to the fund in 2000. Mr. Powell, in response to a question from Councilmember King that there is no doubt that this money will be repaid, stated that as an accounting procedure he has been told that it is better to do this in the year 2000 than this year. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Kelly made a motion to adopt this Resolution. Councilmember King seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) ayes. BILLS - FIRST READING There were no bills presented for first reading at this time. UNFINISHED BUSINESS Council President Coleman reminded members of the Council that the Northern Indiana Center for History will be hosting a reception on December 13`h and all Councilmembers have been invited. NEW BUSINESS There was no new business to come before the Council at this time. PRIVILEGE OF THE FLOOR There was no one present wishing to address the Council at this time. ADJOURNMENT There being no further business to come before the Council, Council President Coleman adjourned the meeting at 12:12 p.m. ATTEST: ATTEST: oretta J Du a, ity er Sean Coleman, President 1 I