10-22-79 Council Meeting Minutes

Home Browse Search

REGULAR MEETING OCTOBER 22, 1979 REGULAR MEETING RECONVENED (CONTINUED ORDINANCE NO. 6665 -79 AN ORDINANCE APPROVING THE FORM AND TERMS OF TRUST INDENTURE AND USER AGREEMENT, REAL ESTATE MORTGAGE AND INDUSTRIAL DEVELOPMENT REVENUE BONDS, AND AUTHORIZING THE EXECUTION THEREOF, AND APPROVING RESOLUTION NO. 32 -79 OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION RELATING TO THE SMITH WHITE CO. PROJECT. This bill had first reading. Council Member Miller made a motion to suspend the rules and have public hearing and second reading, seconded by Council Member Taylor. The motion carried on a roll call vote of nine ayes. This being the time heretofore set for public hearing on the above bill, proponents and opponents were given an opportunity to be heard. Mr. Warren McGill, attorney for Smith White Co., made the presentation for the bill. He said this $3,000,000 bond issue was for the acquisition, improvement and remodeling of a commercial building on real estate located at 506 W. South Streeet. He said it was anticipated that six new jobs will be created. Council Member Adams made a motion to pass this bill, seconded by Council Member Dombrowski. The bill passed by a roll call vote of nine ayes. BILL NO. 146 -79 A BILL APPROVING THE FORM AND TERMS OF THE LOAN AGREEMENT, INDENTURE-OF TRUST, AND INDUSTRIAL DEVEOPMENT REVENUE BONDS, AND AUTHORIZING THE EXECUTION THEREOF, AND APPROVING RESOLUTION NO. 29 -79 OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION RELATING TO THE DIVERSIFIED GROUP PROJECT. This bill had first reading. Council Member Taylor made a motion to set this bill for public hearing and second reading November 15, 1979, seconded by Council Member Dombrowski. The motion carried. PRIVILEGE OF THE FLOOR Carl Yoder, 1822 Sherman Ave., in response to comments made earlier in the meeting, indicated that he was aware the City has nothing to do with school property, however, Keller Park does not have a basketball hoop. UNFINISHED BUSINESS Reports from Area Plan: 301 E. Ireland South Bend Medical Foundation "Upon a motion by Joseph Serge, seconded by John DeLee, and carried, with June Stratton voting "Nay ", the pro- posed ordinance and sit `development plan of Elmer Graber is sent to the Common Councilwith a favorable recommenda- tion subject to the approval by the Commission's attorney of.the legal instruments required to provide for the cross - easement along the north.line of the subject property and paving of that cross- easement." "Upon a motion by Rene. Vandewalle, seconded by Earl Kime, and carried, with June Stratton voting "Nay ", the pro- posed ordinance and site development plan of the South Bend Medical Foundation is sent to the Common Council with a favorable recommendation subject to the comments submitted by the City Engineer. Council Member Adams made a motion to set the appropriate bills for public hearing and second reading November 15, 1979, seconded by Council Member Dombrowski. The motion carried. There being no further business to come before the Council, unfinished or new, Council Member Adams made a motion to adjourn, seconded by Council Member Dombrowski. The motion carried and the meeting was adjourned at 9:00 p.m. ATTEST: CITY CLERK APPROVED: fP4 �1' PRE 147 T