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and the use of the Project throughout the term of the lease will serve the public purpose of the City <br />of South Bend and is in the best interests of its residents. <br />3. The Commission hereby approves and ratifies action taken by the Secretary <br />to file with said Common Council an approving ordinance for the purpose of said Council's finding, <br />prior to execution of the lease, that the Rental Payments are fair and reasonable and approving the <br />lease. <br />4. The President, Vice President and Secretary of this Commission, and each of <br />them, is hereby authorized and directed to take all such further actions and to execute all such <br />instruments as are desirable to carry out the transactions contemplated by this Resolution, in such <br />form as the President, Vice President and Secretary executing the same shall deem proper, to be <br />evidenced by the execution thereof. <br />Commission. <br />5. This Resolution shall be in full force and effect after its adoption by the <br />ADOPTED at a meeting of the South Bend Redevelopment Commission held on <br />March 19,1999, in Room 1308, County -City Building, 227 West Jefferson Boulevard, South Bend, <br />Indiana. <br />SOUTH B DEVELOPMENT COMMISSION <br />Robert W. Hunt, President <br />ATTEST: <br />Fre, W-tv <br />PIP W17119 <br />I Bull <br />-3- <br />::ODMA\PCDOCS \SBDOCS 1 \32116 \2 <br />