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execute, and the Vice - President or Secretary of the Commission (the "Secretary ") to attest, the <br />Development Documents, with such changes as such executing and attesting officers may <br />approve upon the advice of legal counsel; and <br />WHEREAS, the Commission further authorizes the Developer to execute the Purchase <br />Contract in the form attached hereto as Attachment A with such changes approved by legal <br />counsel for the limited purpose of acting as a guarantee for awarding of the contact for the Site <br />Improvements, which guarantee, to become enforceable, shall be subject to the Commission's <br />final approval and execution; <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND <br />REDEVELOPMENT COMMISSION AS FOLLOWS: <br />1. The Commission hereby approves the Purchase Documents in the form attached <br />hereto as Attachment A, including the Purchase Contract, the Deed and the other certificates and <br />agreements attached thereto or contemplated therein. <br />2. The Commission hereby authorizes legal counsel to negotiate the Purchase <br />Documents with the Developer and to allow the Developer to execute the Purchase Contract as a <br />guarantee for the Site Improvements, which Purchase Contract shall be enforceable only upon <br />the Commission's execution of the Purchase Contract. <br />3. The Commission hereby authorizes the President or the Vice - President to execute, <br />• and the Vice - President or Secretary to attest, the Purchase Documents with such changes either <br />in form or in substance as such executing and attesting officers may approve upon the advice of <br />legal counsel with such approval to be conclusively evidenced by such execution and attestation. <br />4. The staff is hereby authorized to administer the Purchase Documents, upon their <br />execution, and the President, Vice - President, the Secretary, and the Director of Economic <br />Development of the Department of Redevelopment are each authorized to execute any <br />administrative certificates or documents related to the administration of the Purchase Documents <br />on behalf of the Commission. <br />5. This Resolution shall be in full force and effect after its adoption by the South <br />Bend Redevelopment Commission. <br />3 <br />F: IDATAISHARE1LegallWpdatalSEPlEconomic DevelopmentWIackthorn HoteAResolution Approving Form Of Blackthorn Hotel Development <br />Agreement.Doc <br />