No. 1182 approving the execution of an addendum to the lease for the AEDA taxable and public improvement project

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ADDENDUM TO LEASE SOUTH BEND REDEVELOPMENT AUTHORITY TO SOUTH BEND REDEVELOPMENT COMMISSION (Airport Economic Development Area Taxable Improvement Project) THIS ADDENDUM, made and entered into this 16th day of July, 1993, by and between the South Bend Redevelopment Authority, a body corporate and politic organized and existing under Indiana Code 36 -7 -14.5 (hereinafter with its successors and assigns referred to as the "Authority "), and the South Bend Redevelopment Commission, the governing body of the South Bend Department of Redevelopment and the Redevelopment District of South Bend, Indiana (hereinafter called the "Lessee "), WITNESSETH In consideration of the mutual covenants herein contained it is agreed that the Lease (Airport Economic Development Area Taxable Improvement Project) previously entered into between said parties as of the first day of August, 1990, as amended and restated dated as of August 1, 1990, as further amended by Addendum dated as of January 29, 1991, as further amended by addendum.dated February 5, 1993, and as further amended by addendum dated July 16,:1993, shall be further amended as follows: 1. Exhibit B to the Lease - Taxable Project Description - shall be and hereby is amended by adding One (1) additional parcel of land and any improvements thereon situated in St. Joseph County, Indiana, and needed in connection with local public improvements to be constructed in the Airport Economic Development Area, to (2) of Exhibit B which shall be added as paragraph (1), which shall read as follows: A part of the West Half of the Southeast Quarter of Section 19, Township 38 North, Range 2 East, St. Joseph County, Indiana, described as follows: Beginning on the west line of said quarter section North 0 degrees 57 minutes 33 seconds West 1,176.34 feet from the southwest corner of said quarter section; thence North 0 degrees 57 minutes 33 seconds West 1,455.42 feet along said west line to the northwest corner of said quarter section; thence North 89 degrees 39 minutes 30 seconds East 647.48 feet along the north line of said quarter section to the west boundary of U.S. 31 Bypass; thence South 2 degrees 38 minutes 37 seconds East 904.90 feet ( 903.33 feet by Cause No. F -2917 of the St. Joseph County Circuit Court) along the boundary of said U.S. 31 Bypass; thence South 0 degrees 17 minutes 00 seconds East 279.50 feet along said boundary; thence South 89 degrees 43 minutes 00 seconds West 169.00 feet along said boundary; thence North 89 degrees 50 minutes 29