|
4re1
<br />REGULAR MEETING DECEMBER 5, 1983
<br />This bill had first reading. Council Member Taylor made a motion to set this bill
<br />for public hearing and second reading January 9, 1984, and refer it to the Zoning and
<br />Vacation Committee, seconded by Council Member Zielinski. The motion carried.
<br />ORDINANCE NO. 7278 -83
<br />AN ORDINANCE APPROVING THE ASSIGNMENT OF ECONOMIC DEVELOPMENT
<br />BOND FINANCING BY SOUTH BEND TOOL AND DIE CO., INC., TO ART
<br />IRON, INC., RELATING TO THE SOUTH BEND TOOL AND DIE COMPANY,
<br />INC. PROJECT.
<br />This bill had first reading. Council Member Serge made a motion to suspend the rules
<br />and have public hearing and second reading on this bill, seconded by Council Member
<br />Szymkowiak. The motion carried on a roll call vote of nine ayes. This being the time
<br />heretofore set for public hearing on the above bill, proponents and opponents were
<br />given an opportunity to be heard. Richard Morgan, attorney for the petitioner, made
<br />the presentation for the bill. He indicated that the Economic Development Commission
<br />approved the sale of this facility financed by economic development revenue bonds,
<br />for South Bend Tool and Die Co., located on High Court. He indicated the building
<br />was formerly occupied by South Bend Fabricating, and it will be sold to Art Iron,
<br />Inc., for use as a metal service center. He indicated they anticipated employing
<br />eight to ten people within the first year. Council Member McGann made a motion to
<br />pass this bill, seconded by Council Member Serge. The bill passed by a roll call
<br />vote of nine ayes.
<br />BILL NO. 136 -83
<br />A BILL APPROVING THE FORM AND TERMS OF LOAN AGREEMENT, MORTGAGE
<br />SECURITY AGREEMENT, PROMISSORY NOTE, ECONOMIC DEVELOPMENT
<br />REVENUE BOND, TRUST INDENTURE, LETTER OF CREDIT AND OFFICIAL
<br />STATEMENT AND AUTHORIZING THE EXECUTION THEREOF AND APPROVING
<br />RESOLUTION NO. 83 -4 OF THE SOUTH BEND ECONOMIC DEVELOPMENT
<br />COMMISSION RELATING TO THE ST. JOSEPH STATION II PROJECT.
<br />This bill had first reading. Council Member Voorde made a motion to set this bill
<br />for public hearing and second reading December 12, 1983, seconded by Council Member
<br />Crone. The motion carried.
<br />ORDINANCE NO. 7279 -83 AN ORDINANCE APPROVING THE FORM AND TERMS OF LOAN AGREEMENT,
<br />MORTGAGE AND SECURITY AGREEMENT, PROMISSORY NOTE, ECONOMIC
<br />DEVELOPMENT REVENUE BOND, TRUST INDENTURE, LETTER OF CREDIT
<br />AND OFFICIAL STATEMENT AND AUTHORIZING THE EXECUTION THEREOF
<br />AND APPROVING RESOLUTION NO. 83 -5 OF THE SOUTH BEND ECONOMIC
<br />DEVELOPMENT COMMISSION RELATING TO THE MARTIN'S REALTY CO.,
<br />PROJECT.
<br />This bill had first reading. Council Member Serge made a motion to suspend the rules
<br />and have public hearing and second reading on this bill, seconded by Council Member
<br />Szymkowiak. The motion carried on a roll call vote of nine ayes. This being the
<br />time heretofore set for public hearing on the above bill, proponents and opponents
<br />were given an opportunity to be heard. Rciahrd Morgan, attorney for the petitioner,
<br />made the presentation for the bill. He.indicated this bond issue will be used to
<br />renovate nd expand the shopping center located at the southwest corner of Elwood and
<br />Portage. He indicated the project will create between fifty to sixty new jobs within
<br />one year of completion, and sixty jobs will be assured of their longevity. Council
<br />Member McGann made a motion to pass this bill, seconded by Council Member Harris.
<br />This bill passed by a roll call vote of nine ayes.
<br />ORDINANCE NO. 7280 -83 AN ORDINANCE APPROVING A CONTRACT BETWEEN AUTOCON
<br />INDUSTRIES, INC., AND THE BOARD OF WATER WORKS COMMISSIONERS
<br />IN THE AMOUNT OF $265,085.00 FOR THE INSTALLATION OF THE
<br />SUPERVISORY CONTROL SYSTEM.
<br />This bill had first reading. Council Member Serge made a motion to suspend the rules
<br />and have public hearing and second reading on this bill, seconded by Council Member
<br />Serge made a motion to suspend the rules and have public hearing and second reading
<br />on this bill, seconded by Council Member Zielinski. The motion carried on a roll
<br />call vote of nine ayes. This being the time heretofore set for public hearing on the
<br />above bill, proponents and opponents were given an opportunity to be heard. Michael
<br />Vance, Director of Utilities, made the presentation for the bill. He indicated this
<br />appropriation would allow them to substantially complete the repairs at the North
<br />Station caused by the main break in the spring of 1982. He indicatd that work will
<br />not begin until January of 1984, however, it is critical that the ordinance be passed
<br />in 1983 because the majority of funding for the project was budgeted in 1983.
<br />Council Member McGann made a motion to pass this bill, seconded by Council Member
<br />Serge. The bill passed by a roll call vote of nine ayes.
<br />BILL NO. 139 -83
<br />A BILL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING
<br />ORDINANCE NO. 7230 -83 AUTHORIZING THE ISSUANCE AND SALE OF
<br />BONDS OF SAID CITY IN ORDER TO PROVIDE FUNDS FOR PAYMENT OF
<br />JUDGMENTS AGAINST THE CITY.
<br />This bill had first reading. Council Member Taylor made a motion to set this bill
<br />for public hearing and second reading January 9, 1984, and refer it to the Personnel
<br />and Finance Committee, seconded by Council Member Zielinski. The motion carried.
<br />
|