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No. 2725 approving/authorizing execution of an addendum to the Master Agency Agreement (Brownfields Remediation pursuant to the Brownfields Cleanup Revolving Loan Fund Grant Agreement for vacant land at the former Stamping Plant property
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No. 2725 approving/authorizing execution of an addendum to the Master Agency Agreement (Brownfields Remediation pursuant to the Brownfields Cleanup Revolving Loan Fund Grant Agreement for vacant land at the former Stamping Plant property
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• ADDENDUM TO <br />MASTER AGENCY AGREEMENT <br />( Brownfields Remediation pursuant to the Brownfields Cleanup Revolving Loan Fund <br />Grant Agreement for Vacant Land at the Former Stamping Plant Property (Tax I.D. #18- <br />8021- 084901)) <br />This Addendum to Master Agency Agreement (this "Addendum "), made and <br />entered into as of the 23`d day of July, 2010, by and between the South Bend Department <br />of Redevelopment, acting by and through its Redevelopment Commission (the <br />"Commission ") and the City of South Bend, Indiana, a municipal corporation duly <br />organized and existing pursuant to the laws of the State of Indiana, acting by and through <br />its Board of Public Works (the "BPW ") for purposes of the Commission designating the <br />BPW to act as the Commission's agent to undertake the Brownfields Remediation <br />pursuant to the Brownfields Cleanup Revolving Loan Fund Grant Agreement for Vacant <br />Land at the Former Stamping Plant Property (Tax I.D. #18- 8021- 084901) (the "Project "). <br />WHEREAS, effective January 1, 2010, the Commission and the BPW entered <br />into a Master Agency Agreement which authorized the BPW to act as agent for and on <br />behalf of the Commission for certain projects during 2010; and <br />WHEREAS, pursuant to the Master Agency Agreement, the Commission desires <br />to add the ( Brownfields Remediation pursuant to the Brownfields Cleanup Revolving <br />Loan Fund Grant Agreement for Vacant Land at the Former Stamping plant Property <br />(Tax I.D. #18- 8021 - 084901) to the Master Agency Agreement by way of this Addendum. <br />NOW, THEREFORE, in consideration of the mutual covenants and promises <br />contained herein, and for other good and valuable consideration, the receipt of which is <br />hereby acknowledged, the BPW and the Commission agree as follows: <br />i1. The Commission hereby empowers and appoints the BPW, pursuant to the <br />
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