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REGULAR MEETING DECEMBER 15, 1975 <br />ORDINANCES, FIRST READING (CONTINUED) <br />ORDINANCE NO. 5937 -75 <br />AN ORDINANCE APPROVING THE FORM AND <br />TERMS OF LEASE AND TRUST INDENTURE <br />AND ECONOMIC DEVELOPMENT REVENUE BONDS, <br />AND AUTHORIZING THE EXECUTION THEREOF <br />PERTAINING TO GATES REALTY,INCORPORATED. <br />This ordinance had first reading. Councilman Taylor made a motion to suspend the rules and take <br />action on the ordinance, seconded by Councilman Newburn. The motion carried by a roll call vote <br />of nine ayes (Councilmen Serge, Szymkowiak, Miller, Taylor Kopczynski, Horvath, Nemeth, Newburn <br />and Parent). The ordinance then had second reading. Mr. Kenneth Fedder, attorney for the South <br />Bend Development Commission, made the presentation for the ordinance. He indicated that the <br />amount of the bond was $200,000 for the construction of a new facility at the corner of Franklin <br />and Wayne to house truck facilities. He indicated that the South Bend Development Commission <br />had approved the financing agreements, and he stated that 14 new jobs were at stake with an <br />estimated spending power of $50,000 per year. He indicated that Van Gates had been in the com- <br />munity for a number of years, and he introduced Mr. Gates and Mr. Richard Morgan, attorney for <br />the firm. <br />Councilman Miller made a motion to pass the ordinance, seconded by Councilman Kopczynski. The <br />ordinance passed by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller, Taylor, <br />Kopczynski, Horvath, Nemeth, Newburn and Parent). <br />ORDINANCE NO. 5938 -75 AN ORDINANCE APPROVING THE FORM AND <br />TERMS OF LEASE AND TRUST INDENTURE <br />AND ECONOMIC DEVELOPMENT REVENUE BONDS, <br />AND AUTHORIZING THE EXECUTION THEREOF <br />PERTAINING TO GENERAL RECYCLING CORPORATION. <br />This ordinance had first reading. Councilman Taylor made a motion to suspend the rules and take <br />action on the ordinance, seconded by Councilman Horvath. The motion carried by a roll call vote <br />of nine ayes (Councilmen Serge, Szymkowiak, Miller, Taylor, Kopczynski, Horvath, Nemeth, Newburn <br />and Parent). The ordinance then had second reading. Mr. Kenneth Fedder, attorney for the South <br />Bend Development Commission, made the presentation for the ordinance. He indicated that, on <br />December 5, the commission had approved the financing agreement in the amount of $400,000 for the <br />construction of a new industrial facility at 1519 Franklin Street. He recognized Mr. Barry Burto: <br />representative of the firm. He indicated that 15 new jobs would be added and the spending power <br />would likewise be increased. He stated that the firm would deal in the manufacture of cellulose <br />insulation. <br />Councilman Serge made a motion that the ordinance pass, seconded by Councilman Kopczynski. The <br />ordinance passed by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller, Taylor, <br />Kopczynski, Horvath, Nemeth, Newburn and Parent). <br />ORDINANCE AN ORDINANCE AMENDING ORDINANCE <br />NO. 4990 -68, AS AMENDED, COMMONLY <br />KNOWN AS THE ZONING ORDINANCE OF <br />THE CITY OF SOUTH BEND, INDIANA <br />(CHAPTER 21, MUNICIPAL CODE) - 1803 <br />South Ironwood. <br />This ordinance had first reading. Councilman Taylor made a motion to refer the ordinance, along <br />with the petition, to the Area Plan Commission, seconded by Councilman Miller. The motion carri <br />ORDINANCE AN ORDINANCE APPROPRIATING $7,191.00 <br />FROM THE FEDERAL ASSISTANCE GRANT COMMONLY <br />REFERRED TO AS GENERAL REVENUE SHARING, <br />FOR VARIOUS LAW ENFORCEMENT PROGRAMS, <br />TO BE ADMINISTERED BY THE CITY OF <br />SOUTH BEND THROUGH ITS DEPARTMENT <br />OF LAW. <br />This ordinance had first reading. Councilman Taylor made a motion to set the ordinance for publ <br />hearing and second reading on January 19, 1976, seconded by Councilman Kopczynski. The motion <br />carried. <br />ORDINANCE AN ORDINANCE APPROPRIATING $18,000 <br />FROM THE FEDERAL ASSISTANCE GRANT <br />COMMONLY REFERRED TO AS GENERAL <br />REVENUE SHARING, FOR VARIOUS CODE <br />ENFORCEMENT PROGRAMS, TO BE ADMIN- <br />ISTERED BY THE CITY OF SOUTH BEND <br />THROUGH ITS DEPARTMENT OF LAW. <br />This ordinance had first reading. Councilman Kopczynski made a motion to set the ordinance for <br />public hearing and second reading on January 19, 1976, seconded by Councilman Taylor. The motion <br />carried. <br />ORDINANCE NO. 5939 -75 AN ORDINANCE TRANSFERRING $268.15 <br />FROM ACCOUNT #530.0, "CLOTHING ALLOWANCE" <br />TO ACCOUNT #430.0, "REPAIR PARTS ", BOTH <br />ACCOUNTS BEING WITHIN THE BUREAU OF <br />PARKING METERS BUDGET OF THE PARKING <br />METER FUND OF THE CITY OF SOUTH BEND, <br />INDIANA. <br />