Laserfiche WebLink
WHEREAS, pursuant to that certain Assignment and Assumption of CFMA and CEROA <br />dated as of December 28, 2011, by and between I" Source, as assignor, and Center, as assignee, <br />Center assumed all of the duties, liabilities and obligations of Is` Source under (i) the Common <br />Facilities Agreement (defined below, in Section 5), (ii) the Operations Agreement, and (iii) that <br />certain Construction, Easement, Restriction and Operating Agreement dated May 1, 1987, by and <br />between 1st Source, South Bend Joint Venture (f/k/a Rahn Properties II), the City, the <br />Commission and The South Bend Civic Center Board of Managers (the "Walkway Agreement "); <br />and <br />WHEREAS, as required by Section 9 of the Operations Agreement, Jenna has expressly <br />assumed all obligations of Host under the Operations Agreement; and <br />WHEREAS, Jenna has expressly assumed all obligations of Host under the Walkway <br />Agreement; and <br />WHEREAS, the parties wish to continue to provide for the operation, maintenance and <br />repair of the Common Facilities, as hereinafter provided; and <br />WHEREAS, the parties hereto now desire to further amend the Operations Agreement. <br />NOW, THEREFORE, in consideration of the above, the parties agree as follows: <br />1. The above recitals to this Amendment are hereby incorporated into and made a <br />part of this instrument. <br />2. All references to "Rahn" or "South Bend Joint Venture" or "Host ", or any other <br />intermediate assignees or predecessors in interest or title to Jenna, in the Operations Agreement <br />shall hereafter be amended to be " Jenna." <br />3. Irrespective of the ownership of the Garage Facility, Jenna and Center shall <br />continue to be jointly responsible for, and shall share the costs of, the operation, maintenance and <br />repair of the Common Facilities as provided in the Operations Agreement. <br />4. Property, casualty and general liability insurance coverage for the Common <br />Facilities shall be maintained in the current forms and amounts, and the Commission, as the <br />owner of the Garage Facility, shall be named as an additional insured for so long as the <br />Commission owns the Garage Facility. <br />5. The Common Facilities Management Agreement by and among Host (as <br />successor to Rahn Properties II), Center (as successor to 1st Source (f/k/a FBT Bancorp, Inc.)) <br />and Marriott Hotel Services, Inc. (successor Manager from Marriott Corporation) ( "Marriott "), <br />dated November 1, 1981, as amended (the "Common Facilities Agreement "), was terminated <br />prior to the effective date of this Amendment. Jenna and Center executed a new "Common <br />Facilities Management Agreement" dated as of August , 2011, with South Bend CAM, LLC, <br />a Delaware limited liability company, as the substitute Manager under the Operations Agreement. <br />-2- <br />{01651958DDOC;6 ) <br />