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WHEREAS, by virtue of the net net net lease, the K & F <br /> Manufacturing Company, an Indiana partnership, indicates its <br /> intention to pay all expenses of the operation, maintenance, <br /> insurance, property taxes , whatever of the facility. <br /> THEREFORE, be it resolved by the Common Council of the <br /> City of South Bend, Indiana, that the resolution and findings <br /> of the Economic Development Commission pertaining to this project <br /> be approved and incorporated in this resolution, and <br /> THEREFORE, be it resolved by the Common Council of the <br /> City of South Bend, Indiana, that the statement of public service <br /> on the part of the Economic Development Commission, of the Area <br /> Plan Commission and of the South Bend School Corporation be <br /> accepted and approved, and <br /> THEREFORE, be it resolved that the South Bend City <br /> Common Council authorize the Economic Development Commission of the <br /> City of South Bend to proceed to make preliminary agreements <br /> with the proposed lessee, K & F Manufacturing Company, an Indiana <br /> partnership, in the nature of a conditional commitment to enter into <br /> a lease with K & F Manufacturing Company, an Indiana partnership. , and <br /> THEREFORE, be it resolved that the Economic Development <br /> Commission of the City of South Bend shall, as soon as the new <br /> lease form is properly prepared, submit the same to the Clerk of <br /> the City of South Bend to be prepared by a member of the Common <br /> Council as a proposed ordinance for the acceptance of same and <br /> issuance of revenue bonds to cover the amount of money needed. <br /> Member o Sou h Bend City Common Council <br />