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_TTr— n_R MEEMING SEPTEMBER 24, 1973
<br />3
<br />REGULAR MEETING - RECONVENED (CONTINUED) omaA
<br />iy l
<br />ORDINANCE NO. 5578 -73 3
<br />AN ORDINANCE FOR THE TRANSFER OF FUNDS IN THE )r
<br />AMOUNT OF $16,524.17 FROM THE LOCAL ROAD AND�/`�
<br />STREET FUND PROJECT R & S 40 - WIDENING OF
<br />IRELAND ROAD FROM MICHIGAN STREET TO MIAMI ROAD
<br />AND $5,508.05 FROM THE CUMULATIVE CAPITAL l7r OV
<br />IMPROVEMENT FUND TO PROJECT R & S 51 - SAMPLE
<br />STREET WIDENING FROM MAYFLOWER ROAD TO GREENVIEW
<br />AVENUE.
<br />This ordinance had second reading. Councilman Kopczynski made a motion that
<br />seconded by Councilman Taylor. The ordinance passed by a roll call vote of
<br />Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski, Horvath, Newburn and
<br />ORDINANCE NO. 5579 -73 AN ORDINANCE AMENDING CHAPTER 20, VEHICLES AND
<br />TRAFFIC, OF THE MUNICIPAL CODE OF THE CITY OF
<br />SOUTH BEND, INDIANA.
<br />This ordinance had second reading. Councilman Parent made a motion that the
<br />seconded by Councilman Taylor. The ordinance passed by a roll call vote of
<br />Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski, Horvath, Newburn and
<br />ORDINANCE NO. 5580 -73
<br />AN ORDINANCE APPROPRIATING FROM THE PARKING
<br />GARAGE FUND THE SUM OF $3,000.00 FOR ACCOUNT
<br />260.0, "OTHER CONTRACTUAL SERVICES ", AND
<br />$2,000.00 FOR ACCOUNT 330.0, "JANITORIAL
<br />SUPPLIES ", BOTH ACCOUNTS BEING WITHIN THE
<br />PARKING GARAGE BUDGET OF THE CIVIL CITY OF
<br />SOUTH BEND, INDIANA.
<br />the ordinance pass,
<br />nine ayes (Councilmen
<br />Nemeth).
<br />ordinance pass,
<br />nine ayes (Councilmen
<br />Nemeth) .
<br />This ordinance had second reading. Councilman Szymkowiak made a motion that the ordinance pass,
<br />seconded by Councilman Horvath. The ordinance passed by a roll call vote of nine ayes (Councilmen
<br />Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski, Horvath, Newburn and Nemeth).
<br />ORDINANCE NO. 5581 -73
<br />AN ORDINANCE TRANSFERRING THE SUM OF $6,000.00
<br />FROM ACCOUNT NO. 630.0, "PERF ", TO ACCOUNT
<br />530.0, "REFUNDS, AWARDS AND INDEMNITIES ",
<br />ALL ACCOUNTS BEING WITHIN THE CONTROLLER'S
<br />BUDGET, CITY OF SOUTH BEND, INDIANA.
<br />This ordinance had second reading. Councilman Serge made a motion that the ordinance pass,
<br />seconded by Councilman Szymkowiak. The ordinance passed by a roll call vote of nine ayes (Council.
<br />men Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski, Horvath, Newburn and Nemeth).
<br />ORDINANCE AN ORDINANCE ESTABLISHING A NEW SCHEDULE OF
<br />RATES AND CHARGES FOR SERVICES RENDERED BY
<br />THE WATERWORKS SYSTEM OF THE CITY OF SOUTH
<br />BEND AND REPEALING ORDINANCE NO. 4320 -60
<br />AND ORDINANCE NO. 4345 -60.
<br />This ordinance had second reading. Councilman Taylor made a motion to defer action on the
<br />ordinance pending a recommendation from the Committee of the Whole, seconded by Councilman
<br />Kopczynski. The motion carried.
<br />RESOLUTIONS
<br />RESOLUTION NO. 386 -73 A RESOLUTION FINDING AND ADJUDGING THAT THE
<br />FINANCING OF FACILITIES FOR KLMS REALTY, AN
<br />INDIANA PARTNERSHIP BY THE ISSUANCE BY THE
<br />CITY OF SOUTH BEND, INDIANA, OF ITS ECONOMIC
<br />DEVELOPMENT REVENUE BONDS PERTAINING TO SUCH
<br />FACILITIES FOR SUCH ENTITY WILL BE OF BENEFIT
<br />TO THE HEALTH OR WELFARE OF THIS MUNICIPALITY,
<br />AND APPROVING THE FINANCING THEREFOR.
<br />WHEREAS, the Common Council of the City of South Bend, Indiana
<br />the South Bend Economic Development Commission, hereinafter referred
<br />pursuant to the provisions of the Municipal Economic Development Act
<br />supplemented or added to by IC -1971, 18 -6 -4 as amended, supplemented
<br />IC -1973, 18- 6 -4.5, or any other amendments, supplements or additions
<br />hereinafter referred to as the "Act;"
<br />heretofore has created
<br />to as "Commission,"
<br />of 1965, as amended,
<br />or added to by
<br />thereto,
<br />WHEREAS, KLMS Realty, an Indiana Partnership has filed an application with the
<br />Commission to finance the acquisition of real estate and the construction thereon of an
<br />office building (facilities) which will constitute economic development facilities
<br />resulting in a substantial number of new jobs as well as other benefits;
<br />WHEREAS, in connection therewith the Commission had prepared and placed on file a
<br />report containing the subject matter as specified in Section 16 of IC -1973, 18 -6 -4.5
<br />and has forwarded copies thereof to the Chairman of the Area Plan Commission and to the
<br />Superintendent of the School Corporation in the area of which the facilities will be
<br />located, and has timely received favorable reports from each of them;
<br />WHEREAS, the Commission held a public hearing on the proposed financing of such
<br />facilities as of September 7, 1973, after giving the required notice as provided for
<br />in Section 17 of IC -1973, 18 -6.5;
<br />WHEREAS, the Commission at such meeting by a duly adopted written resolution
<br />incorporated herein by reference, found that the proposed financing complies with the
<br />purposes and provisions of the Act, and approved such financing, including, but not
<br />limited to, the forms and terms of the financing agreement consisting of the Lease and
<br />Trust Indenture and the Bonds; and
<br />
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