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No. 1182 approving the execution of an addendum to the lease for the AEDA taxable and public improvement project
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No. 1182 approving the execution of an addendum to the lease for the AEDA taxable and public improvement project
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RESOLUTION NO. 1182 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br />COMMISSION APPROVING THE EXECUTION OF AN <br />ADDENDUM TO THE LEASE FOR THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA TAXABLE AND PUBLIC IMPROVEMENT PROJECT <br />WHEREAS, the South Bend Redevelopment Authority (the <br />"Authority ") previously entered into a lease between the <br />Authority and the South Bend Redevelopment Commission (the <br />"Commission ") dated as of August 1, 1990, as amended and restated <br />dated as of August 1, 1990, as further amended by Addendum dated <br />as of January 29, 1991, and further amended by an addendum dated <br />February 5, 1993, and as further amended by an addendum dated <br />July 16, 1993, (the lease and the addendum collectively referred <br />to herein as the "Lease "), pursuant to which the Authority will <br />lease certain land and improvements (the "Project ") to the <br />Commission; and <br />WHEREAS, the Commission desires to approve and execute an <br />addendum to the Lease (the "Addendum "), a copy of which is <br />attached hereto as Exhibit "A ", reflecting a change in the <br />Project description among other items. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION AS FOLLOWS: <br />1. The Lease shall be amended to change the Project <br />description and other items as set forth in Exhibit "A" hereto. <br />2. All remaining terms, covenants and conditions as set forth <br />in the Lease shall remain in full force and effect. <br />3. The President and Secretary of the Commission are hereby <br />authorized and directed to execute and attest, respectively, the <br />Addendum attached hereto as Exhibit "A ". <br />4. This resolution shall be in full force and effect after its <br />adoption by the Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission <br />held on July 16, 1993, at 1308 County -City Building, 227 West <br />Jefferson Boulevard, South Bend, Indiana 46601. <br />I <br />Th-e6'F-. . - - <br />RESO \AIRPORT.ADD <br />RESO \AIRPORT -ADD <br />SOUTH BEND REDEVELOPMENT <br />COMMISS <br />BY: _.. <br />Paula N. Auburn, President <br />
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