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08-27-01 Council Meeting Minutes
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08-27-01 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
8/27/2001
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REGULAR MEETING AUGUST 27, 2001 <br />Councilmember Coleman made a motion that this bill go to full Council with a favorable <br />recommendation. Councilmember Kelly seconded the motion which carried by a voice vote of nine <br />(9) ayes. <br />BILL NO 72 -01 PUBLIC HEARING ON A BILL APPROPRIATING <br />$10,000 WITHIN FUND 212 FOR THE PURPOSE OF <br />PAYING FOR COSTS OF COLLECTION <br />Councilmember Aranowski reported that the Personnel & Finance Committee met on this bill and <br />sends it to the Council with a favorable recommendation. <br />Ms. Beth Leonard, Director, Financial and Program Management, Community & Economic <br />Development, 1200 County -City Building, South Bend, Indiana, made the presentation for this bill. <br />Ms. Leonard advised that this bill will allow the City to use ten thousand dollars ($10,000.00) to <br />help protect its assets. She noted that the City has loans out on properties where unfortunately those <br />properties are coming up for tax sale. This money is needed to protect those assets and to pay <br />commission for rental property. <br />There was no one present wishing to speak in favor of this bill. <br />The following individuals spoke in opposition to this bill: <br />Mr. Derek Dieter, 1145 Portage Avenue, South Bend, Indiana, asked how much money was out in <br />loans that needed to be collected and what is Fund #212. <br />Mr. Michael James Clark, 1121 North Olive Street, South Bend, Indiana, asked what loans, to who, <br />how long, and why haven't they been collected. Also, if these properties are up for tax sale he asked <br />where they are and who has been maintaining them. <br />Mr. Tom Dixon, no address given, stated that this bill appropriates ten thousand dollars ($10,000.00) <br />for the purpose of collections. As an attorney, he stated that the standard procedures for a collection <br />attorney is to take a percentage of the money collected without any up -front fees. He also stated that <br />he would be happy to supply the names of a number of different attorneys and law firms in the <br />community that do collection work on a contingency basis. <br />In rebuttal Ms. Leonard advised that the loans that are being discussed are through the City's <br />Affordable Loan Program that has been running for ten (10) years. She noted that the City is not <br />going out and asking for someone else to do any collections. These funds will be used to protect the <br />City's assets because some of these properties are going out for tax sale and the Council's approval <br />is needed in order to spend any of the money. Ms. Leonard noted that the Affordable Loan Program <br />is a program funded by the federal government in the form of Community Development Block <br />Grant dollars. These dollars must be used for CDBG eligible purposes. The City is not paying taxes <br />for these people, the City is taking the house by way of the tax sale. She noted that they are <br />protecting the assets. The City will have the mortgage and will take whatever steps needed to collect <br />the City's money. She noted that Fund #212 is primarily the Community Development Block Grant <br />Fund. <br />Councilmember Varner noted that this bill was probably not titled as well as it could have been. <br />Ms. Leonard noted that the term was used because that is the term HUD requires to allow this type <br />of expense to be paid. <br />There was no one else present wishing to address the Council regarding this bill. <br />Therefore, Councilmember Coleman made a motion for favorable recommendation to full Council <br />concerning this bill. Councilmember Kelly seconded the motion which carried by a voice vote of <br />nine (9) ayes. <br />
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