12-18-72 Council Meeting Minutes

Home Browse Search

2100 D ORDINANCES, FIRST READING (CONTINUED) ORDINANCE AN ORDINANCE AMENDING CHAPTER 6 "BUILDINGS" OF THE MUNICIPAL CODE OF THE CITY OF SOUTH BEND TO REQUIRE THAT CERTAIN TYPES OF BUILDINGS BE CONSTRUCTED IN SUCH A MANNER THAT THEY ARE ACCESSIBLE TO AND FUNCTIONAL FOR THE PHYSICALLY HANDICAPPED. This Ordinance had first reading. Councilman Parent moved that the ordinance be set for public hearing and second reading on January 8, 1973. Councilman Horvath seconded the motion and it carried. ORDINANCE AN ORDINANCE APPROPRIATING THE SUM OF $48,000.00 FROM THE CUMULATIVE SEWER BUILDING AND SINKING FUND FOR PROJECT CS4 -1973 - NORTHEAST STORM SEWER DEVELOPMENT. This Ordinance had first reading. Councilman Horvath moved that the ordinance be set for public hearing and second reading on January 8, 1973. Councilman Taylor seconded the motion and it carried. ORDINANCE NO. 5474 -72 AN ORDINANCE CREATING THE "FEDERAL REVENUE SHARING" FUND ACCEPTING FUNDS FROM THE STATE AND LOCAL ASSISTANCE ACT OF 1972 IN SAID FUND AND APPROVING THE INVESTMENT OF SUCH FUNDS. This ordinance had first reading. Councilman Taylor made a motion that, since revenue sharing is a reality, the rules be suspended and the public hearing and second reading of the ordinance be held at this time. Councilman Parent seconded the motion and it carried unanimously. Mr. James Barcome, City Controller, said that the city's first check for revenue sharing funds has been deposited in the American National Bank. $87,000 was deposited on a 30 day note and $750,000 on a 90 day certificate of deposit. Councilman Parent inquired about the rate of interest being paid and Mr. Barcome said that the 90 day deposit was at the rate of 5 1/8% and the 30 day deposit at 4 7/7 %. A letter was sent to all the banks advising them that the city had deposited..this money in the American National Bank and the next check will be deposited in another bank. Councilman Newburn asked if they had looked into the possibility of investing the money in govern- ment bonds and Mr. Barcome said that they had made inquiries but they felt they would like to deposit the funds locally for now. Councilman Kopczynski made a motion that the ordinance be passed, seconded by Councilman Szymkowiak. The ordinance passed by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski, Horvath, Newburn.and Nemeth). Mr. Barcome then said that they would recommend that Items 12H, 12I and 12J be stricken from tonight's agenda as they are not going to request these transfers. Councilman Taylor made a motion that Item 12H, 12I and 12J be stricken from the record, seconded by Councilman Kopczynski and carried. Councilman Taylor asked for clarification on the money appropriated two weeks ago to pay the bond obligation on the parking garages. He said that it had been reported that this money was from parking violation fees but that a story in theopaper had indicated that tax money was being used to pay the bond obligation. Mr. Barcome said that the money was from parking violations and was not tax money. The fines are paid into the General Fund and have to be appropriated in order to make the payment. Councilman Serge said he wanted to compliment the Street Department and Mr. Decker for the fine job they have done. He said, on behalf of his colleagues, he wanted to wish everyone a holy and a happy holiday and a prosperous new year. Councilman Kopczynski said he would like to second the compliment to the Street Department. He said he would also like to see the Municipal Services Facility made a fit place to work in. He said this Administration did not build it but they should put some emphasis on improving the working conditions there. There being no further business, unfinished or new, to come before the Council, Councilman Parent made a- motion to adjourn, seconded by Councilman Kopczynski. The motion carried and the meeting adjourned at 9:04 p.m. ATTEST: CITY APPROVED: SIDENT i'''r"..' F' .'{'+ ...' E'...."i'...'F'.. F."' ...' F' F'" F' .+"f'.'E''...' F..i'° ....' F''' F" F' F' F." F.''''E'.' F.' F' T' F....'}'...'f''F'...i'' .i' ." F..'F''F..i''.'+''E.....