12-05-83 Council Meeting Minutes

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REGULAR MEETING DECEMBER 5 1983 M SECTION IV. This Resolution shall be in full force and effect from and after its adop iont by the Common Council and approval by the Mayor. /s /Joseph T. Serge /s /Robert G. Taylor /s /Beverlie J. Beck /s /Lewis A. McGann /s /Beverly D. Crone /s /Raymond C. Zielinski /s /John Voorde /s /John J. Harris, Jr. Council Member Crone read this resolution. Mayor Parent presented each of the retiring Council Members with a plaque commemorating their term of office. Council Member Taylor made a motion to recess, seconded by Council Member Harris. The motion carried and the meeting was recessed at 7:25 p.m., and reconvened at 7:45 p.m. Council President Beck announced that Dale Hitchings and James Kohn should be appointed to the Energy Commission, and Paul Gervis to the Older Adults Council. Council Member Taylor made a motion to accept these appointments, seconded by Council Member McGann. The motion carried. Council Member Taylor made a motion to accept the report of the Energy Commission (September 26, 1983, meeting) seconded by Council Member McGann. The motion carried. REPORTS Council Member Taylor indicated that the Human Resources Committee had met on bills nos. 125 and 126 -83, as well as Resolutions C, D, and E on the Agenda, and recommended them favorable.. Council Member Serge indicated that the Personnel and Finance Committee had met on bill nos. 127, 128, 129 and 131 -83, and recommended them favorable. Council Member Crone commended the Police Department on their bicycle registration program, Council President Beck announced that the next meeting of the Council would be December 12 at 4:30 p.m. Council Member Harris made a motion to resolve into the Committee of the Whole, seconded by Council Member Taylor. The motion carried. COMMITTEE OF THE WHOLE Be it remembered that the Common Council of the City of South Bend met in the Committee of the Whole on December 5, 1983, at 7:55 p.m., with nine members present. Chairman Zielinski presiding. BILL NO. 124 -83 A BILL AUTHORIZING THE ISSUANCE AND SALE OF $3,000,000 ECONOMIC DEVELOPMENT REVENUE BONDS OF THE CITY OF SOUTH BEND, INDIANA, FOR THE PURPOSE OF MAKING A LOAN TO BEATRICE FOODS CO., IN ORDER TO FINANCE THE ACQUISITION AND CONSTRUCTION OF CERTAIN ECONOMIC DEVELOPMENT FACILITIES LOCATED IN THE UNINCORPORATED AREA OF ST. JOSEPH COUNTY; AUTHORIZING EXECUTION OF A LOAN AGREEMENT; PROVIDING FOR THE DELIVERY OF A NOTE AND ASSIGNMENT THEREOF AS SECURITY FOR SAID BONDS; AUTHORIZING AN INDENTURE OF TRUST APPROPRIATE FOR THE PROTECTION AND DISPOSITION OF THE REVENUES FROM SUCH NOTE; AUTHORIZING EXECUTION OF A BOND PURCHASE AGREEMENT AND AN OFFERING MEMORANDUM; AND AUTHORIZING THE TERMS AND SALE OF SAID BONDS. This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Council Member Taylor made a motion to accept the substitute bill on file with the City Clerk's office, seconded by Council Member McGann. The motion carried. Joseph Helling, attorney representing the petitioner, made the presentation for the bill. He indicated this $3,000,000 bond issue for Beatrice Foods would be used to renovate an existing facility located on Roosevelt Road. He indicated they anticipated employing 100 people in the first year. Council Member Szymkowiak made a motion to recommend this bill to the Council favorable, as amended, seconded by Council Member McGann. The motion carried.