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REGULAR MEETING JANUARY 24, 2011 <br /> Councilmember Puzzello, Chairperson, PARC Committee, reported that this committee <br /> held a Public Hearing on this bill this afternoon and voted to send it to the full Council <br /> with a favorable recommendation. <br /> Mr. Gary Gilot, Director, Public Works, 13th Floor County-City Building, 227 W. <br /> Jefferson Blvd., South Bend, Indiana, made the presentation for this bill. <br /> Mr. Gilot advised that the purpose of this ordinance is to appropriate a total of$60,000.00 <br /> from the Nonreverting Loss Recovery Fund (#227), of which $55,000.00 is for the <br /> closure and removal of two underground storage tanks at Century Center, and an <br /> additional $5,000.00 for Frederickson Park remediation. Mr. Gilot stated that Century <br /> Center has two underground storage tanks that were previously used for heating oil <br /> storage for heat and diesel fuel for a generator. The tanks have become unnecessary and <br /> the City of South Bend would like to take the appropriate actions to complete the closure <br /> and removal of the tanks in accordance with local, state and federal guidelines. If the <br /> tanks are left in place they will continually deteriorate over time possible causing <br /> environmental contamination to the surrounding soils and to the St. Joseph river, which <br /> flows in close proximity to the site. If this contamination were to occur, the <br /> environmental cleanup and remediation costs would likely fare exceed the proposed tank <br /> closure and removal costs. The additional $5,000 to be appropriated is for data analysis, <br /> mapping and reporting twice during 2011 for Fredrickson Park Remediation monitoring <br /> and some specific parameter investigation. Any sums unspent from this appropriation <br /> will be released back into the Nonreverting Loss Recovery Fund. <br /> This being the time heretofore set for the Public Hearing on the above bill, proponents <br /> and opponents were given an opportunity to be heard. <br /> There being no one present wishing to speak to the Council either in favor of or in <br /> opposition to this bill, Councilmember Dieter made a motion for favorable <br /> recommendation to full Council concerning this bill. Councilmember Oliver Davis <br /> seconded the motion which carried by a voice vote of eight (8) ayes. <br /> BILL NO. 05-11 PUBLIC HEARING ON A BILL OF THE <br /> COMMON COUNCIL OF THE CITY OF SOUTH <br /> BEND, INDIANA, APPROPRIATING $995,423 <br /> WITHIN PROFESSIONAL SPORTS <br /> DEVELOPMENT FUND (#377) <br /> Councilmember Puzzello, Chairperson, PARC Committee, reported that this committee <br /> held a Public Hearing on this bill this afternoon and voted to send it to the full Council <br /> with a favorable recommendation. <br /> Mr. Gregg Zientara, Controller, 12th Floor County-City Building, 227 W. Jefferson Blvd., <br /> South Bend, Indiana, made the presentation for this bill. <br /> Mr. Zientara advised that the 2011 budget passed by the South Bend Common Council <br /> on October 24, 2010 did not include an appropriation in the Professional Sports <br /> Development Fund No. 377 ("PSDA Fund".) As more information is now known <br /> concerning the status of the College Football Hall of Fame for 2011, and with the recent <br /> Council approval of Coveleski Stadium Revenue bonds with repayment from PSDA <br /> revenue, it is now appropriate to establish the PSDA Fund budget for 2011. Mr. Zientara <br /> stated that a $500,000 payment to the College Football Hall of Fame for operating <br /> expenses. This transfer is funded by a pass-through of hotel/motel tax monies received <br /> from St. Joseph County in the amount of$494,325 and accumulated interest in the PSDA <br /> Fund in the amount of$5,675. The amounts of hotel/motel taxes paid to the College <br /> Football Hall of Fame were $530,137 in 2009 and $521,800 in 2010. The payments to <br /> the College Football Hall of Fame will be made on a pro-rata, monthly basis while the <br /> facility remains open and in operation. Next is a $100,000 transfer to the Century Center <br /> capital account for capital expenses. This amount is consistent with prior years and is <br /> 8 <br />