HomeMy WebLinkAbout12-30-85 Council Special Meeting MinutesSPECIAL MEETING
DECEMBERr30, 1985
Be it remembered that the Common Council of the City of South Bend met in the
informal meeting room of the County -City Building at 9:00 a.m., December 30. The
meeting was called to order and the Pledge to the Flag was given.
ROLL CALL Present: Council Members Serge, Braboy, Puzzello,
Taylor, Zakrzewski, Paszek, Voorde and Beck
Absent: Council Member Crone
TO THE MEMBERS OF THE SOUTH BEND COMMON COUNCIL
NOTICE OF SPECIAL MEETING OF THE COMMON COUNCIL
You are hereby notified that there will be a special meeting of the South Bend
Common Council, in the Council informal meeting room, December 30, 1985, at 9:00
a.m., for the purposes outlined below.
To have first reading, suspension of rules, and passage of a bill.
BILL NO. 184 -85 AN ORDINANCE, AMENDING ORDINANCE NO. 7567 -85, AUTHORIZING THE
ISSUANCE AND SALE OF $20,000,000.00 ECONOMIC DEVELOPMENT REVENUE
BONDS OF THE CITY OF SOUTH BEND, INDIANA, FOR THE PURPOSE OF
MAKING A LOAN TO FINANCE THE ACQUISITION, AND CONSTRUCTION OF
CERTAIN ECONOMIC DEVELOPMENT FACILITIES LOCATED IN THE CITY
PERTAINING TO MILL RACE, AN INDIANA LIMITED PARTNERSHIP;
AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT; PROVIDING FOR THE
DELIVERY OF A NOTE AND ASSIGNMENT THEREOF AS SECURITY FOR SAID
BOND; AUTHORIZING AN INDENTURE OF TRUST APPROPRIATE FOR THE
PROTECTION AND DISPOSITION OF THE REVENUES FROM SUCH NOTE; AND
AUTHORIZING THE TERMS AND SALE OF SAID BOND.
/s/ Thomas Zakrzewski
/s/ John Voorde
/s/ Beverlie J. Beck
/s/ Eugenia Brabov
/s/ Ann Puzzello
ATTEST: Irene K. Gammon
The within call for a Special Council Meeting came to hand the 27th day of December,
1985, which I serve by reading the same to each Councilman upon the date designated.
or by leaving a certified copy thereof at the last and usual place of residence of
such members as I was able to find, as follows:
/s/ John Voorde
/s/ Joseph T. Ser e
/s/ Thomas Zakrzewski
/s/ Joyce Powell for Beverlie Beck
or by leaving a certified copy thereof at the last and usual place of residence of
such members as I was able to find, as follows:
Robert Taylor
Beverly Crone
Bev Beck
Eugenia Braboy
Al Paszak -Ann Puzzello
/s/ Sgt Norval Williams
Member of the South Bend
Police Council Member Taylor made a motion to resolve Dinto tthe tCommittee of the Whole,
seconded by Council Member Zakrzewski. 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 December 30, at 9:05 a.m., with eight members present.
BILL NO. 184 -85 AN ORDINANCE, AMENDING ORDINANCE NO. 7567 -85, AUTHORIZING THE
ISSUANCE AND SALE OF $20,000,000.00 ECONOMIC DEVELOPMENT REVENUE
BONDS OF THE CITY OF SOUTH BEND, INDIANA, FOR THE PURPOSE OF
MAKING A LOAN TO FINANCE THE ACQUISITION, AND CONSTRUCTION OF
CERTAIN ECONOMIC DEVELOPMENT FACILITIES LOCATED IN THE CITY
PERTAINING TO MILL RACE, AN INDIANA LIMITED PARTNERSHIP;
AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT; PROVIDING FOR THE
DELIVERY OF A NOTE AND ASSIGNMENT THEREOF AS SECURITY FOR SAID
BOND; AUTHORIZING AN INDENTURE OF TRUST APPROPRIATE FOR THE
PROTECTION AND DISPOSITION OF THE REVENUES FROM SUCH NOTE; AND
AUTHORIZING THE TERMS AND SALE OF SAID BOND.
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ES
SPECIAL MEETING
DECEMBER 30, 1985
This bill had first reading. Council Member Taylor made a motion to suspend the
rules and have public hearing and second reading on the bill, seconded by Council
Member Zakrzewski. The motion carried on a roll call vote of eight ayes. This
being the time heretofore set for public hearing on the above bill, proponents and
opponents were given an opportunity to be heard. Kenneth Fedder, attorney for the
Economic Development Commission, made the presentation for the bill: He indicated
the bill passed December 16 contained references to the Elkhart Economic Development
Commission, as well as the Elkhart Common Council, therefore it was necessary to
pass a new bill. Council Member Taylor made a motion to recommend this bill to the
Council favorable, seconded by Council Member Beck. The motion carried.
There being no further business to come before the Committee of the Whole, Council
Member Braboy made a motion to rise and report to the Council, seconded by Council
Member Puzzello. The motion carried.
ATTEST:
City Clerk
REGULAR MEETING RECONVENED
Be it remembered that the Common Council
Council meeting room on the fourth floor
Council President Beck presiding and nine
BILLS. SECOND READING
ATTEST:
Chairman
of the City of South Bend reconvened in the
of the County -City Building at 9:12 a.m.
members present.
ORDINANCE NO. 7589 -85 AN ORDINANCE, AMENDING ORDINANCE NO. 7567 -85,
AUTHORIZING THE ISSUANCE AND SALE OF $20,000,000.00
ECONOMIC DEVELOPMENT REVENUE BONDS OF THE CITY OF SOUTH
BEND, INDIANA, FOR THE PURPOSE OF MAKING A LOAN TO
FINANCE THE ACQUISITION, AND CONSTRUCTION OF CERTAIN
ECONOMIC DEVELOPMENT FACILITIES LOCATED IN THE CITY
PERTAINING TO MILL RACE, AN INDIANA LIMITED
PARTNERSHIP; AUTHORIZING THE EXECUTION OF A LOAN
AGREEMENT; PROVIDING FOR THE DELIVERY OF A NOTE AND
ASSIGNMENT THEREOF AS SECURITY FOR SAID BOND;
AUTHORIZING AN INDENTURE OF TRUST APPROPRIATE FOR THE
PROTECTION AND DISPOSITION OF THE REVENUES FROM SUCH
NOTE; AND AUTHORIZING THE TERMS AND SALE OF SAID BOND.
This bill had second reading. Council Member Taylor made a motion to pass this
bill, seconded by Council Member Beck. The bill passed by a roll call vote of eight
ayes.
There being no further business to come before the Council, unfinished or new,
Council Member Puzzello made a motion to adjourn, seconded by Council Member Serge.
The motion carried and the meeting was adjourned at 9:15 a.m.
ATTEST:
City Clerk
APPROVED:
1
President