10-22-79 Council Meeting Minutes

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REGULAR MEETING OCTOBER 22, 1979 REGULAR MEETING RECONVENED (CONTINUED SECTION I. 1980 (the Bonds) Underwriters sub between the City Underwriters and implement such a The City intends in an amount not ject to terms and and the Underwri appropriate CIty financing. to issue its Single Family Housing Revenue Bonds, Series to exceed $50 million and will.sell the Bonds to the conditions to be determined on a mutually agreeable basis ters of the Bonds. In this respect the City directs the officials to proceed with the preparation of documents to SECTION II. This resolution shall be in full force and effect from and afters its passage by the Common Council of the)City of South Bend and approval by the Mayor. /s /Roger 0. Parent Member of the Common Council A public hearing was held on the resolution at this time. Mr. Peter Mullen, City Controller, indicated that on the advice of Kirchner, Moore and Company, who felt it was necessary to reaffirm the Council's position in this matter and.set a limit or cap on the amount of the bonds the City would be willing to underwrite, this resolution was being submitted establish- ing a cap at $50 million. Councl Member Adams made a motion to adopt this resolution, seconded by Council Member Miller. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 732 -79 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, ACKNOWLEDGING AND AUTHORIZING THE PARTICI- PATION OF CERTAIN CITY EMPLOYEES AND PUBLIC OFFICIALS IN COMMUNITY DEVELOPMENT BLOCK GRANT, URBAN HOMESTEADING, AND SECION 312 LOAN PROGRAM ACTIVITIES. WHEREAS;.•'.the Common Council of the City of South Bend, Indiana is the Chief .Governing Body of the City.; and, WHEREAS, the City is the recipient of federal domestic assistance from the United States Department of Housing and Urban Development (HUD) to conduct Community Development Block Grant, Urban Homesteading, and Section 312 Loan Activities. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of South Bend, Indiana: SECTION I. That the Common Council of the City of South Bend, Indiana, hereby acknowledges and authorizes the participation of the below named city employee or public official in below noted HUD - funded activity(s): Employee /Public Official Fritz Odusch Activity Project Rebate SECTION II. That his Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. /s /Roger 0. Parent Member of the Common Council A public hearing was held on the resolution at this time. Mr. Carl Ellison, Director of Redevelopment, indicated this resolution was a new requirement issued by HUD. He said they require that waivers be granted on the condition that the Common Council publically recognize the participation of City employees or public officials in HUD - funded programs. Council Member Taylor made a motion to adopt this resolution, seconded by Council Member Adams. The resolution was adopted by a roll call vote of nine ayes. Council Member Dombrowski made a motion to set the next three Council meetings for November 15 at 4:00 p.m., December 3 at 7:00 p.m. and December 17 at 7:0.0 p.m., seconded by Council Member Kopczynski. The motion carried. BILLS, FIRST READING BILL NO. 135 -79 A BILL AMENDING CHAPTER 10 OF THE MUNICIPAL CODE OF THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS FOOD AND FOOD ESTABLISHMENTS BY THE ADDITION OF NEW ARTICLE 3, FOOD VENDING VEHICLES. This bill had first reading. Council Member Taylor made a motion to set this bill for public hearing and second reading November 15, seconded by Council Member Dombrowski. The motion carried. BILL NO. 136 -79 A BILL TRANSFERRING.$58,480.34 AMONG VARIOUS ACCOUNTS, ALL ACCOUNTS BEING WITHIN GENERAL PARK FUND. This bill had first reading. Council Member Miller made a motion to set this bill for public hearing and second reading November 15, seconded by Council Member Dombrowski. The motion carried.