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REGULAR MEETING JUNE 9, 2008 <br /> <br /> <br />Councilmember LaFountain, Chairperson, Personnel & Finance Committee, reported that <br />this Committee met on this bill this afternoon and voted to send this bill to the full <br />Council with a favorable recommendation. <br /> <br />th <br />Catherine Fanello, City Controller, 12 Floor County-City Building, 227 W. Jefferson <br />Blvd., South Bend, Indiana, made the presentation for this bill. <br /> <br />Ms. Fanello stated that this bill would authorize the City of South Bend to issue up to <br />$23,400,000 in 2008 Property Tax Anticipation Warrants. The actual borrowing will be <br />on an as-needed basis and will depend on the actual cash flows in the General Fund, <br />Parks and Recreation Fund and Hall of Fame Debt Service Fund. <br /> <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 /> <br />There being no one present wishing to speak to the Council either in favor of or in <br />opposition to this bill, Councilmember Puzzello 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 /> <br /> <br />BILL NO. 37-08 PUBLIC HEARING ON A BILL OF THE <br /> COMMON COUNCIL OF THE CITY OF SOUTH <br /> BEND, INDIANA APPROVING A SECOND <br /> ADDENDUM TO LEASE FOR CERTAIN <br /> ADDITIONAL PUBLIC IMPROVEMENTS <br /> BETWEEN THE SOUTH BEND <br /> REDEVELOPMENT AUTHORITY AND THE <br /> SOUTH BEND REDEVELOPMENT <br /> COMMISSION <br /> <br />Councilmember Puzzello made a motion to continue this bill until the June 23, 2008 <br />meeting of the Council. Councilmember Varner seconded the motion which carried by a <br />voice vote of eight (8) ayes. <br /> <br /> <br />RISE AND REPORT <br /> <br />Councilmember Varner made a motion to rise and report to the full Council. <br />Councilmember Puzzello seconded the motion which carried by a voice vote of eight (8) <br />ayes. <br /> <br /> <br />ATTEST: ATTEST: <br /> <br /> <br /> <br /> <br />_________________________ _________________________ <br />John Voorde, City Clerk Derek D. Dieter, Chairperson <br /> Committee of the Whole <br /> <br /> <br />REGULAR MEETING RECONVENED <br />Be it remembered that the Common Council of the City of South Bend reconvened in the <br />Council Chambers on the fourth floor of the County-City Building at 7:58 p.m. President <br />Timothy Rouse presided with eight (8) members present. <br /> <br /> <br /> <br />BILLS – THIRD READING <br /> <br /> 11 <br /> <br />