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REGULAR MEETING <br />AUGUST 10, 1992 <br />premises, as remodeled to meet the needs of the Division of <br />Planning and Neighborhood Development, not to exceed Twenty <br />Thousand Dollars ($20,000.00); and <br />WHEREAS, the Board of Public Works also received, on August <br />10, 1992, a certificate of the St. Joseph County Auditor, <br />certifying that the verifier of the Petition and the signatories <br />of the Petition are taxpayers of property located within the <br />corporate limits of the City of South Bend; and <br />WHEREAS, the'Board of Public Works also received, on August <br />10, 1992, a proposed lease agreement ("Proposed Lease") <br />concerning the lease of the Premises as petitioned; and <br />WHEREAS, I.C. 36-1-10-7(2) requires, prior to the Board of <br />Public Works entering into a lease agreement for said premises, <br />that the South Bend Common Council, after investigation, <br />determine that the premises are needed. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS <br />OF THE CITY OF SOUTH BEND, INDIANA, as follows: <br />1. The Board of Public Works of the City of South Bend, <br />Indiana, hereby expresses its desire and intent to lease office <br />space at Suite 416, 205 West Jefferson Boulevard, South Bend, <br />Indiana, for the use and benefit of the City of South Bend, <br />Department of Economic Development, Division of Planning and <br />Neighborhood Development. <br />2. That remodeling of said Premises is necessary in order to <br />convert said Premises into fully functioning, usable office space <br />for the Division of Planning and Neighborhood Development. <br />3. That the cost of remodeling the Premises is estimated to <br />total Thirteen Thousand Seven Hundred Forty-three Dollars <br />($13,743.00), which cost is to be included in and made a part of <br />the annual rental of the Premises. <br />4. That preliminary plans, specifications and estimates of <br />the cost of the proposed renovations submitted to the Board of <br />Public Works on August 10, 1992, are hereby accepted for filing <br />and are made available for public inspection. <br />5. That the Petition, as certified by the St. Joseph County <br />Auditor, submitted to the Board of Public Works on August 10, <br />1992, is hereby accepted for filing and made available for public <br />inspection. <br />6. That the lease of the Premises shall be for a period of <br />three (3) years, with an annual rental not to exceed Twenty <br />Thousand Dollars ($20,000.00). <br />7. That the Proposed Lease for the Premises submitted to the <br />Board of Public Works on August 10, 1992, is hereby accepted for <br />filing and made available for public inspection. <br />8. That the Board of Public Works directs and authorizes the <br />Director of the Department of Economic Development of the City of <br />South Bend as its agent, to file with the City Clerk for <br />consideration by the Common Council of the City of South Bend, <br />Indiana, a form of resolution to establish, after investigation, <br />its determination that the lease of the Premises described herein <br />is needed. <br />9. That a public hearing on the Proposed Lease is set for <br />the 31st day of August, 1992, at 9:30 a.m., in the Board of <br />Public Works Meeting Room, 1308 County -City Building, South Bend, <br />Indiana 46601, at which hearing all persons wishing to be heard <br />will be given the chance to address whether the Proposed Lease is <br />necessary and whether the proposed rental is fair and reasonable. <br />