10-12-81 Council Meeting Minutes

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REGULAR MEETING OCTOBER 12_,_1981 1. The project constitutes economic development facilities which shall be fi- nanced by the City through the issuance of revenue bonds pursuant to the Act and the City is willing, upon compliance with all provisions of Indiana law, to authorize approximately Three Hundred Dollars ($300,000.000) Dollars of its revenue bonds, which bonds will not be general obligations of the City but will be payable solely from the limited sources authorized and permitted by the Act. 2. The proposed financing will be of benefit to the economic welfare of the ity and will comply with the purposes and provisions of the Act. 3. Jeffry S. Beardsley may proceed with acquisition of the economic development facilities in reliance upon this resolution. 4. That the liability and obligation of the South Bend Economic Development Commission, the South Bend Common Council and the city of South Bend, Indiana, shall be limited solely to the good faith efforts to consummate such proceedings and issue such Bonds, and the South Bend Economic Development Commission and,the City of South Bend, Indiana, their officers or agents, shall not incur any liability if for any reason the proposed issuance of such bonds is not consumated. This Inducement Resolution shall be in full foirce and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Lewis A. McGann Member of the Common Council A public hearing was held on the resolution at this time. Kenneth Fedder, attorney for the Economic Development Commission, indicated this proposed $300,000 bond issue, to purchase real estate and construction of a new facility in the 800 block of Lin - colnway East. He indicated their present facility is located at 422 East Monroe and is being purchased in the Monroe - Sample Redevelopment Program. He indicated with the new facility they will retain the 27 jobs already involved, and hope to create an addition 5 jobs. Council Member Serge made a motion to adopt this resolution, se- conded by Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 1120 WEST SAMPLE STREET, SOUTH BEND, INDIANA AS AN URBAN DEVELOPMENT AREA FOR PURPOSES OF TAX ABATEMENT CONSIDERA- TION. Council Member Voorde made a motion to continue public hearing on this resolution to October 26, 1981, seconded by Council Member Crone. The motion carried. BILLS, FIRST READING ORDINANCE NO. 6976 -81 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA AMENDING CHAPTER 18, BY THE INCLUSION OF NEW ARTICLE 5 ENTITLED PROCEDURES FOR STREET AND ALLEY VACA- TIONS. This bill had first reading. Council Member Dombrowski made a motion to suspend the rules and have public hearing and second reading on this bill, seconded by Council Member Beck. The motion carried on a roll call vote of nine ayes. Now is the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Kathleen Cekanski- Farrand, Council attorney made the presentation for the bill. She indicated the bill should be amended in Section 18 -53.9, paragraph (b) to read: The City Clerk shall simultaneously refer a copy of the Petition for Vacation to the Board of Public Works for their written review and recommendation.; Section 18 -53.10 paragraph (a) should read: Within thirty (30) days of the filing of a Petition for Vacation with the City Cerk, the Common Council shall hold a public hearing on said petition. The Council shall consider and review all reports received from the Engineering Department, and the Board of Public Works. Council Member Taylor made a motion to amend the bill, seconded by Council Member Beck. The motion carried. Council Member Crone made a motion to add Board of Public Works in Section 18- 53.10, paragraph (d), seconded by Council Member Beck. The mo- tion carried. Council Member Serge made a motion to pass this bill, seconded by Council Member Beck. The bill passed by a roll call vote of nine ayes. BILL NO. 101 -81 A BILL APPROPRIATING $79,000.00 FROM THE ZOO ENDOWMENT FUND, FOR THE CONSTRUCTION OF THE EDUCATIONAL SERVICES WILDLIFE BUILDING AT POTAWATOMI PARK ZOO TO BE ADMINISTERED BY THE DEPARTMENT OF PUBLIC PARKS. This bill had first reading. Council Member Taylor made a motion to set this bill for public hearing and second reading October 26, seconded by Council Member Dom- browski. The motion carried. BILL NO. 102 -81 A BILL APPROPRIATING $540,000.00 FROM THE LOCAL ROAD AND STREET FUND TO PROJECT R &S 89, COLFAX AVENUE BRIDGE, WITHIN THE LOCAL ROAD AND STREET FUND. This bill had first reading. Council Member Beck made a motion to set this bill for public hearing and second reading October 26, and refer it to the Public Works Com- mittee, seconded by Council Member Dombrowski. The motion carried.