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11-27-06 Council Meeting Minutes
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11-27-06 Council Meeting Minutes
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City Council - City Clerk
City Counci - Date
11/27/2006
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REGULAR MEETINGNOVEMBER 27, 2006 <br />to pass this bill as substituted. Councilmember Dieter seconded the motion which <br />carried. The bill passed by a roll call vote of nine (9) ayes. <br />ORDINANCE NO. 9721-06 AN ORDINANCE OF THE COMMON COUNCIL <br /> OF THE CITY OF SOUTH BEND, INDIANA, <br /> CHANGING THE NAME OF FUND 377 FROM <br /> “HALL OF FAME” TO “PROFESSIONAL <br /> SPORTS DEVELOPMENT” FUND (PSDF), <br /> TRANSFERRING $500,000 FROM FUND NO. <br /> 377 TO FUND NO. 677 – HALL OF FAME <br /> OPERATIONS, FOR USE ON HALL OF FAME <br /> CAPITAL PROJECTS PERMITTED BY PSDF <br /> DOLLARS, AND APPROPRIATING $100,000 <br /> FROM FUND NO. 377 FOR USE BY CENTURY <br /> CENTER ON CAPITAL PROJECTS <br /> PERMITTED BY PSDF DOLLARS <br />This bill had third reading. Councilmember Dieter made a motion to pass this bill. <br />Councilmember Puzzello seconded the motion which carried. The bill passed by a roll <br />call vote of eight (8) ayes and one (1) nay (Councilmember Varner). <br />ORDINANCE NO. 9722-06 AN ORDINANCE AUTHORIZING <br /> THE ISSUANCE AND SALE OF AN <br /> AGGREGATE PRINCIPAL AMOUNT NOT TO <br /> EXCEED EIGHT MILLION FIVE HUNDRED <br /> THOUSAND DOLLARS ($8,500,000) OF THE <br /> CITY OF SOUTH BEND, INDIANA VARIABLE <br /> RATE ECONOMIC DEVELOPMENT REVENUE <br /> BONDS, SERIES 2007 (PEI/GENESIS <br /> PROJECT); DESIGNATING THE BONDS AS <br /> LIMITED OBLIGATIONS OF THE CITY; <br /> APPROVING THE FORM OF, AND <br /> AUTHORIZING THE EXECUTION AND <br /> DELIVERY OF, THE TRUST INDENTURE, <br /> LOAN AGREEMENT AND OTHER <br /> DOCUMENTS RELATED TO THE ISSUANCE <br /> AND SALE OF THE BONDS; AND <br /> AUTHORIZING PROPER OFFICERS TO DO <br /> ALL OTHER THINGS DEEMED NECESSARY <br /> OR ADVISABLE IN CONNECTION <br /> THEREWITH AND APPROVING AND <br /> AUTHORIZING OTHER ACTIONS IN RESPECT <br /> THERETO <br />This bill had third reading. Councilmember White made a motion to pass this bill. <br />Councilmember Dieter seconded the motion which carried. The bill passed by a roll call <br />vote of nine (9) ayes. <br />RESOLUTIONS <br />RESOLUTION NO. 3669-06 A RESOLUTION CONFIRMING THE <br /> ADOPTION OF A DECLARATORY <br /> RESOLUTION DESIGNATING CERTAIN <br /> AREAS WITHIN IN THE CITY OF SOUTH <br />26 <br /> <br />
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