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0 <br />ORDINANCE NO. 7798 -87 AN ORDINANCE ON A BILL AUTHORIZING THE ISSUANCE AND <br />SALE OF $6,500,000 MULTI - FAMILY HOUSING ADJUSTABLE RATE <br />DEMAND REVENUE REFUNDING BONDS OF THE CITY OF SOUTH <br />BEND, INDIANA, FOR THE PURPOSE OF MAKING A LOAN TO <br />MAPLE LANE ASSOCIATES, PHASE VIII IN ORDER TO FINANCE <br />THE REFUNDING AND REDEMPTION OF THE $6,500,000 <br />MULTI - FAMILY HOUSING REVENUE BONDS (MAPLE LANE <br />ASSOCIATES PROJECT) ISSUED BY THE CITY OF SOUTH BEND, <br />INDIANA, IN 1984, RELATED TO ECONOMIC DEVELOPMENT <br />FACILITIES LOCATED IN THE CITY OF SOUTH BEND, ST. <br />JOSEPH COUNTY, INDIANA; AUTHORIZING EXECUTION OF THE <br />DOCUMENTS RELATED TO THE ISSUANCE OF SAID BONDS; AND <br />RELATED MATTERS. <br />This bill had first reading. Council Member Beck made a motion to suspend the rules <br />and have public hearing and second reading on this bill, seconded by Council Member <br />Barcome. The motion carried on a roll call vote of nine ayes. Kevin Butler, <br />attorney, made the presentation for the bill. He indicated this bill will authorize <br />the issuance and sale of bonds in the amount of $6,500,000 multi - family housing <br />revenue bonds (Maple Lane Associates Project) issued by the City in 1984. He <br />indicated the apartment project has been completed and is fully occupied. Council <br />Member Beck made a motion to pass this bill, seconded by Council Member Barcome. <br />The bill passed by a roll call vote of nine ayes. <br />BILL NO. 93 -87 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT <br />APPROXIMATELY 460 FEET WEST OF THE SOUTHWEST CORNER OF THE <br />INTERSECTION OF MAYFLOWER AND SAMPLE STREETS IN THE CITY OF SOUTH <br />BEND, INDIANA. <br />This bill had first reading. Council Member Puzzello made a motion to refer this <br />bill to Area Plan, seconded by Council Member Taylor. The motion carried. <br />BILL NO. 94 -87 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT 3814 <br />LINCOLNWAY WEST IN THE CITY OF SOUTH BEND, INDIANA. <br />This bill had first reading. Council Member Braboy made a motion to refer this bill <br />to Area Plan, seconded by Council Member Beck. The motion carried. <br />BILL NO. 95 -87 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED WEST OF <br />NILES AVENUE, SOUTH OF HOWARD STREET, RUNNING ALONG THE ST. <br />JOSEPH RIVER IN THE CITY OF SOUTH BEND, INDIANA. <br />This bill had first reading. Council Member Beck made a motion to refer this bill <br />to Area Plan, seconded by Council Member Taylor. The motion carried. <br />UNFINISHED BUSINESS <br />Council Member Beck made a motion to set Bill No. 70 -87 for public hearing and <br />second reading September 28, and refer it to the Zoning and Vacation Committee, <br />seconded by Council Member Voorde. The motion carried. <br />PRIVILEGE OF THE FLOOR <br />Mary Guentert, 3510 Corby, indicated Fair Tax cares about South Bend. <br />Joseph Guentert, 3510 Corby, asked about the total cost of the stadium. <br />Norman Primus, 1833 Campeau, spoke regarding the leaf burning bill. <br />There being no further business to come before the Council, unfinished or new, <br />Council Member Barcome made a motion to adjourn, seconded by Council Member Paszek. <br />The motion carried and the meeting was adjourned at 10:15 p.m. <br />ATTEST: <br />" "T <br />City Clerk <br />APPROVED: <br />6 <br />r <br />