The matter of Wells Electronic, Inc.

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A w i THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana, that the resolution and findings of the Economic Development Commission pertaining to this project be approved and incorporated in this resolution, and THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana that the statement of public service on the part of the Economic Development Commission, of the Area Plan Commission and of the South Bend School Corporation be accepted and approved, and THEREFORE, be it resolved that the South Bend City Common Council authorize the Economic Development Commission of the City of South Bend, to proceed to make preliminary agreements with the proposed lessee, the Wells Electronics , Inc. , of South Bend, in the nature of a conditional commitment to enter into a lease with the Wells Electronics , Inc. , of South Bend, and THEREFORE, be it resolved that the Economic Development Commission of the City of South Bend shall, as soon as the new lease form is properly prepared, submit the same to the Clerk of the City of South Bend to be prepared by a member of the Common Council as a proposed ordinance for the acceptance of same and issuance of revenue bonds to cover the amount of money needed. -- nnom Member of the So h B66dNCity Common Council -2- F UD, IN CLERK'S OFF16t PRESENTEQ ±,,, FIO� APPROVED JAN ? �9 7CDOPTE6 Irene Garnmeli CITY CLERK, SOUTH Uhu, iu)