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								         		REGULAR MEETING  								JUNE 26, 2017
<br />     		elevator, for example, we didn't anticipate that that was going to need to be replaced. We
<br />     		thought, last year about this time when we were budgeting, that we had enough money to repair a
<br />     		couple of the small mechanical items in there. It turned out the whole elevator needed to be
<br />     		overhauled. So, we didn't anticipate that. Same thing with the marquee. Mr. Perri explained that
<br />     		they did not anticipate that the video board used in the marquee was no longer being
<br />     		manufactured. He stated, So, these things got bumped up in the priority list. The particular fund
<br />     		that we are requesting use from is generated by a dollar ($1)per ticket surcharge, so this is
<br />     		money that has been sitting in the Morris account for these purposes, in general. But you will see
<br />     		in our budget process the anticipated five (5) year capital plans for all of our properties.
<br />     		This being the time heretofore set for the Public Hearing on the above bill, proponents and
<br />     		opponents were given an opportunity to be heard.
<br />     		Those from the public wishing to speak in favor of this bill:
<br />     		Lisa DeBerry, 505 Kenmore Street, South Bend, IN, stated that she is in favor of the bill but she,
<br />     		as well as other members of the Financial Committee, would like to see the bill postponed until
<br />     		there is more information regarding how the "100 Houses, 500 Families" marketing study will be
<br />     		performed.
<br />     		Marty Wolfson, 809 Park Avenue, South Bend, IN, stated, I would just like to reemphasize some
<br />     		of the comments that were made this afternoon about getting clarification in working with the
<br />     		City to understand how much is this going to cost and who is going to do it, but what would be
<br />     		the parameters of this study? What is going to be investigated? I think it is very crucial to work
<br />     		closely not only with the 2nd District representative, which would be essential, and not only with
<br />     		the members of the committee who are interested in this, but also the people who are involved in
<br />  				exciting community project to create one-hundred  100  homes for five-hundred  500
<br />     		this very e       g     	ty p  �    				(     )  				(     )
<br />     		families. Mr. Wolfson cited a 2013 study of the downtown housing market, which investigated
<br />     		interest in apartments and homes from people who made over $50,000 a year, emphasizing that
<br />     		this current study's methodology needed to be clarified by those conducting it.
<br />     		Anne Mannix, 724 West Washington Street, South Bend, IN, stated, I have been working on the
<br />      		100 Houses, 500 Families initiative, and I don't have any big issues about the market study, but
<br />     		we do have a lot of citizen involvement and we have about forty (40)volunteers working on this.
<br />     		It's not your usual thing where the City kind of does it and everybody says, "Okay." So, if we
<br />     		can postpone it, it will give us a little time to work it through all of our committees, and we
<br />     		would also like to come and talk to the Councilmembers that are interested so we can share our
<br />     		map in the impact districts. We are very grateful for the City support.
<br />     		There were none from the public wishing to speak in opposition to this bill.
<br />      		Councilmember Williams-Preston stated, I know that this bill is really about a lot of different
<br />     		allocations and, given that this particular one out of the Department of Community Investment is
<br />     		particularly related to a project that was originated within the community, I think it's very
<br />      		important that, every step of the way, we are working with the community in making decisions.
<br />      		Councilmember Williams-Preston stated that she would make a motion to pull this item from the
<br />     		bill so as to consider it at a later date.
<br />      		Councilmember Broden asked Mr. Murphy, How would that impact the balance of the request if
<br />      		we were to single that out? Is that a two (2) week process, or is it a four (4) week process?
<br />      		Mr. Murphy responded, I think there are different options, but I think what Councilmember
<br />      		Preston was talking about is that the remaining part of the bill would be passed tonight and that
<br />      		this part would be considered in two (2) weeks.
<br />      		Councilmember Broden asked, So it can be considered in two (2) weeks? We don't have to wait
<br />      		for four (4)?
<br />      		Mr. Murphy responded, Well, I guess I'm not sure about that. But I think the balance of the bill
<br />      		could be passed tonight.
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