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REGULAR MEETING FEBRUARY 25, 2002
<br />DEVELOPMENT INCOME TAX FUND, $41,100 FROM
<br />THE MORRIS PERFORMING ARTS CENTER CAPITAL
<br />FUND, $21,500 FROM THE PARKS AND RECREATION
<br />FUND, $322,700 FROM THE PARKS NON - REVERTING
<br />CAPITAL FUND, $30,000 FROM THE PARK
<br />RECREATION NON - REVERTING FUND, $6,000 FROM
<br />THE EAST RACE WATERWAY FUND, $32,000 FROM
<br />THE CITY CEMETERY TRUST FUND, $2,074,000 FROM
<br />THE LOCAL ROADS AND STREETS FUND, $50,750
<br />FROM THE PROJECT RELEAF FUND, $30,900 FROM
<br />THE CONSOLIDATED BUILDING DEPARTMENT
<br />FUND, $1,328,454 FROM THE WATER WORKS
<br />DEPRECIATION FUND, AND $5,294,050 FROM THE
<br />SEWAGE WORKS DEPRECIATION FUND
<br />Councilmember Varner reported that the Personnel & Finance Committee conducted a Public
<br />Hearing on this bill this afternoon and sends this bill favorably to the full Council as amended.
<br />Councilmember Varner asked Council Attorney Kathleen Cekanski Farrand to read the amendments
<br />which are as follows:
<br />In the title, line number six (6) entitled "$9,838,000 FROM THE COUNTY OPTION
<br />INCOME TAX FUND" is amended to read "$8,238,000 FROM THE COUNTY
<br />OPTION INCOME TAX FUND."
<br />In Section I, "Fund," "COUNTY OPTION INCOME TAX FUND (Fund #404)," the
<br />amount $9,383,000 should be deleted and replaced with $8,238,000.
<br />On the detail page under "COUNTY OPTION INCOME TAX FUND (COIT) -
<br />Fund #404 ":, in the second grouping, `BUILDINGS AND BUILDING
<br />IMPROVEMENTS ": - Public Safety Design Fees, the amount $2,000,000 should
<br />be stricken and replaced with $400,000.
<br />In "Total Buildings and Buildings Improvements for COIT Fund" the amount
<br />$2,425,000 should be stricken and replaced with $825,000.
<br />At the bottom of the page under "TOTAL COIT CAPITAL BUDGET," the amount
<br />$9,838,000 should be stricken and replaced with $8,238,000.
<br />Councilmember Coleman made a motion to accept the amendments as read by the Council Attorney.
<br />Councilmember Varner seconded the motion which carried by a voice vote of eight (8) ayes.
<br />Mayor Stephen Luecke, 1400 County -City Building, South Bend, Indiana, made the presentation
<br />for this bill.
<br />Mayor Luecke informed the Council that he is pleased to present this Capital Budget for 2002. It
<br />is a budget that invests in infrastructure, equipment and facilities. It invests in people and
<br />neighborhoods. It invests in technology and smart growth and it works toward the goal of building
<br />South Bend as a safe and clean City. The curb and sidewalk shared cost program will continue as
<br />well as support for neighborhood partnership centers and the commercial corridor programs. This
<br />budget invests in the southeast park and Phase II of the repairs to the dam at Century Center. It
<br />invests substantially in local roads and streets, and it invests in the northwest water tower, sewer and
<br />main extensions and major projects for specific road work in the Olive Nimtz Parkway or Cleveland
<br />Road, whichever ripens first. The original capital budget was $26.4 but is now $24.8 because of the
<br />amendment. Mayor Luecke noted that this budget meets the needs of the citizens of this community
<br />but he is cautious because it is already $2 million below the capital budget of last year. This was
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