No. 2202 approving a form of lease for 117/119 E. Wayne Street and authorizing the execution/delivery thereof and other related matters

Home Browse Search

40paq's RESOLUTION NO. 2202 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING A FORM OF LEASE FOR 117/119 E. WAYNE STREET AND AUTHORIZING THE EXECUTION AND DELIVERY THEREOF AND OTHER RELATED MATTERS WHEREAS, the South Bend Redevelopment Commission (the "Commission"), the governing body of the Department of Redevelopment of the City of South Bend, Indiana (the "City") and the City of South Bend, Indiana, Redevelopment District, exists and operates under the provisions of Indiana Code § 36-7-14, as amended (the "Act"); and WHEREAS, the Commission owns the parking facility located at 121 E. Wayne Street in the City and leases the retail space commonly known as 117/119 E. Wayne Street in the City (the "Premises") in accordance with the Act; and WHEREAS, on December 2, 2005, the Commission approved a letter of intent from Brenda Markin on behalf of herself and a company she will be creating (the "Tenant") to lease the Premises to the Tenant; and WHEREAS, a form of Lease between the Commission and the Tenant has been prepared and submitted to the Commission; and WHEREAS, the Commission desires to approve the form of Lease, subject to final negotiations with the Tenant, and to authorized the President or Vice-President and the Secretary to execute and attest, respectively, on behalf of the Commission, said Lease with such changes as may be approved by said officers; NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: I . The Commission hereby approves the form of the Lease presented to the Commission at this meeting, and the Secretary of the Commission is instructed to include a copy of said Lease with the minutes of this meeting. 2. The Commission hereby authorizes and directs the President or Vice-President of the Commission to negotiate, execute and deliver, and the Secretary to attest, the Lease on behalf of the Commission in the form approved by the Commission, with such changes either in farm or substance as may be approved by the President or Vice-President and Secretary, upon the advice legal council, with such approval to be conclusively evidenced by such execution. 3. This Resolution shall take effect immediately upon its adoption by the Commission. C.-Documents- and Settings1twillianilLocal Settings4TeinplGWViewerIRC Resolution Approving a Form of Lease (State Cafe)(version 2).doc