No. 2514 approving/authorizing execution of an agency agreement by and between the SBRC and the COSB Board of Public Works relating to the management of parking garages

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RESOLUTION NO. 2514 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING AND AUTHORIZING THE EXECUTION OF AN AGENCY AGREEMENT BY AND BETWEEN THE SOUTH BEND REDEVELOPMENT COMMISSION AND THE CITY OF SOUTH BEND, INDIANA, BOARD OF PUBLIC WORKS RELATING TO THE MANAGEMENT OF PARKING GARAGES . WHEREAS, the South Bend Board of Public Works (the "BPW ") is the owner of the parking garages located at: 126 North Main Street, Main Street Garage • 118 -131 South Michigan Street, City Garage (the "City Garages "); and WHEREAS, the Department of Redevelopment, acting by and through its Redevelopment Commission (the "Commission ") is the owner of the parking garage located at: 0 • 121 East Wayne Street, Wayne Street Garage (the "Commission Garage "); and WHEREAS, the Commission is preparing bid specifications for the management of the Commission Garage; and WHEREAS, the BPW desires that the Commission act as the agent of the BPW in preparing bid specifications and entering into a management agreement for the City Garages (the "Project "); and WHEREAS, the BPW and the Commission desire to enter into an agency agreement wherein the Commission shall act as the agent of the BPW with respect to the Project, a copy of said Agency Agreement is attached hereto and incorporated herein as Exhibit "A ". NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment •