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No. 1895 approving/authorizing the execution of an agency agreement by/between the SBRC and the COSB Board of Public Works relating to the TJX Redevelopment Project (SEDA)
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No. 1895 approving/authorizing the execution of an agency agreement by/between the SBRC and the COSB Board of Public Works relating to the TJX Redevelopment Project (SEDA)
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10/18/2012 2:03:27 PM
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AGENCY AGREEMENT <br />This Agency Agreement ( "Agency Agreement "), made and entered into as of the 21 st day <br />of June, 2002, by and between the South Bend Redevelopment Commission ( "Commission ") and <br />the City of South Bend, Indiana, a municipal corporation duly organized and existing pursuant to <br />the laws of the State of Indiana, acting by and through its Board of Public Works ( "Board ") for <br />purposes of the Commission designating the Board to act as the Commission's agent in order to <br />demolish certain buildings located in the general area of Olive and Chapin Streets ( "Property ") and <br />to undertake construction of new streets, related infrastructure improvements and other matters <br />related to the construction of an 800,000 square foot distribution center by The TJX Companies, Inc. <br />pursuant to a redevelopment project in the Sample -Ewing Development Area (the "TJX Project "). <br />WITNESSETH: <br />WHEREAS, at a meeting on June 21, 2002, the Commission adopted Resolution No. 1895. <br />WHEREAS, at a meeting on June 24, 2002, the Board adopted Resolution No. <br />WHEREAS, the Commission and the Board desire to enter into this Agency Agreement <br />( "Agreement ") in order to permit the construction of the Project pursuant to the terms and conditions <br />contained herein; and <br />WHEREAS, the Board desires to act as the agent of the Commission for the purposes of <br />constructing the Project in accord with the plan for redevelopment of the Property; <br />NOW, THEREFORE, in consideration of the mutual covenants and promises herein, and <br />for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties <br />agree as follows: <br />The Commission hereby empowers and appoints the Board to act as the <br />EXHIBIT <br />A <br />
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