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<br />SPECIAL MEETING AUGUST 30, 1971
<br />COMMITTEE OF THE WHOLE MEETING (Cont.)
<br />Budget for Cumulative Capital Improvement Fund (Cont.):
<br />interest; and another $10,000 to pay off annual payment of municipal bond issue of 1965.
<br />$100,000 is due on June 1 and $100,000 on December 1. Account 61 Interest - this interest goes
<br />along with the bond issue. Account 73 Land - from the Park Department budget. Account 44
<br />Other Materials is to pay for materials in construction or reconstruction for streets, no main-
<br />tenance included. Account 261 Other Contractual Services - these are matching funds for Barrett
<br />Law or matching funds for local road and street program for which we receive 7 or 8 cents from
<br />the gasoline tax. We provide 25% and the State provides 75 %.
<br />Budget for Miscellaneous Funds:
<br />Councilman Reinke reported that no changes to this budget were recommended by the Council. Mr.
<br />Bickel explained the items for this budget as follows: This will show 3 cents on the Tax Levy,
<br />for the hospital fund for both St. Joseph and Memorial Hospitals. The Art Association fund
<br />will show a 1 cent tax levy, 1/2 a cent is mandatory, but it can be as high as 2 cents. For the
<br />General Bond Fund, this amount is to retire the new bond issue at $1,230,000. The amount shown
<br />in the Park District Fund is to retire the principal and interest; and the amount shown in the
<br />Redevelopment Bond Fund is also to retire the principal and interest. For Building Demolition,
<br />Repair & Contingent Fund, an annual amount for the past 4 years of $50,000 and $32,000 combined.
<br />For the Junk Vehicle Fund - after the first tax levy, 1 mill is suggested for 1972, then reduce
<br />to zero. Mr. Bickel announced this concluded the public hearing on the 1972 budget.
<br />Councilman Laven made a motion for the Council to recess, seconded by Councilman Reinke. Motion
<br />carried. Time 11 :57 P.M.
<br />COMMITTEE OF THE WHOLE MEETING - RECONVENED
<br />Be it remember that the Committee of the Whole of the Common Council of South Bend, Indiana
<br />reconvened in the Council Chambers of the County -City Building on Tuesday, August 31, 1971 at
<br />1:19 A.M. after a lengthy recess. The meeting was called to order by Chairman William Grounds
<br />who presided.
<br />Councilman Craven made a motion that the amendments to the budget ordinance be adopted by the
<br />Council. The motion was seconded by Councilman Palmer. Motion carried.
<br />Councilman Laven made a motion that the budget ordinance, as amended, go to the Council as
<br />favorable, seconded by Councilman Reinke. Motion carried.
<br />ORDINANCE
<br />AN ORDINANCE LEVYING TAXES AND FIXING THE RATE OF TAXATION FOR THE
<br />PURPOSE OF RAISING REVENUE TO MEET THE NECESSARY EXPENSE FOR THE
<br />FISCAL YEAR ENDING DECEMBER 31, 1972.
<br />This being the time heretofore set for public hearing on the above ordinance, proponents and
<br />opponents were given an opportunity to be heard thereon. Councilman Laven made a motion that t
<br />Tax Levy Ordinance go to the Council as favorable, seconded by Coundilman Reinke. Motion
<br />carried.
<br />Councilman Laven made a motion that the Committee of the Whole recess until 4:00 P.M. on Tuesday
<br />August 31, 1971. The motion was seconded by Councilman Palmer. Motion carried. Time 1:40 A.M.
<br />COMMITTEE OF THE WHOLE MEETING - RECONVENED
<br />Be it remembered that the Committee of the Whole of the Common Council of South Bend, Indiana
<br />reconvened in the Council Chambers of the County -City Building on Tuesday, August 31, 1971 at
<br />4:01 P.M.,after a recess of 14 hours, 21 minutes, with 8 members present; Councilman Laven being
<br />absent because of personal business matters. The meeting was called to order by Chairman
<br />William Grounds who presided.
<br />Councilman Reinke made a motion to reconsider the budget ordinance. The motion was seconded by
<br />Councilman Palmer. Motion carried. The Committee then proceeded to further consideration of
<br />the budget ordinance. As a result of the additional reductions in the budget for the Office of
<br />City Controller made in Services Personal recommended by Mr. James Bickel last night, it is
<br />recommended to the Council that the following reductions be accepted: Account B -62 Social
<br />Security, $92,480 in lieu of $93,685; B -63 Retirement (PERF), $180,573 in lieu of $183,020;
<br />B -64 Employees' Group Insurance, $115,043 in lieu of $115, 465; making a total reduction of
<br />$4,074 additional in this budget. This completes the review of the 1972 budget.
<br />Councilman Reinke made a motion that the proposed further amendments to the budget be adopted,
<br />seconded by Councilman Wise. Motion carried.
<br />Councilman Reinke made a motion that the budget ordinance as further amended b e recommended to
<br />the Council as favorable, seconded by Councilman Zielinski. Motion carried.
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