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No. 1650 approving the execution of an addendum to the lease dated 11/16/98 between SBRC and the SBRA for the Blackthorn Golf Course Project
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No. 1650 approving the execution of an addendum to the lease dated 11/16/98 between SBRC and the SBRA for the Blackthorn Golf Course Project
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Addendum to Lease Between <br />the South Bend Redevelopment Authority, as Lessor, <br />and the South Bend Redevelopment Commission, as Lessee <br />(Blackthorn Golf Course Project) <br />THIS ADDENDUM, made and entered into as of this 16th day of November, 1998, <br />by and between the South Bend Redevelopment Authority, a body corporate and politic organized <br />and existing under Indiana Code 36 -7 -14.5 (hereinafter with its successors and assigns referred to <br />as the "Authority "), and the South Bend Redevelopment Commission, the governing body of the <br />South Bend Department of Redevelopment and the Redevelopment District of South Bend, Indiana <br />(hereinafter called the "Lessee "), <br />WITNESSETH: <br />ANN <br />In consideration of the mutual covenants herein contained, it is agreed that the lease <br />(Blackthorn Golf Course Project) previously entered into between said parties as of the first day of <br />July, 1998, and as amended by the Addendum to Lease entered into between the Authority and <br />Lessee dated as of the 2 "d day of October, 1992, both of which were recorded in the office of the <br />Recorder of St. Joseph County, Indiana (recording numbers 9237875 and 9237877, respectively) <br />(collectively, the "Lease "), shall be amended as follows: <br />1. The following definitions in Section 1 of the Lease are amended to read as <br />follows: <br />"Lease Resolution" means Resolution No. 1646 of the Commission <br />co passed on November 6, 1998, establishing funds for the payment of lease <br />rentals for the Project, as defined herein. <br />"Trust Agreement" means the Trust Agreement dated as of November <br />1, 1998, between the Authority and the Trustee, securing the bonds. <br />::ODMA\PCDOCS \SB DOCS 1 \26394\ l <br />
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