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No. 1198 approving a proposed lease between the SBRA and the SBRC for certain land and public improvements, approving preliminary plans, specifications and cost estimates, setting a public hearing on the proposed lease
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No. 1198 approving a proposed lease between the SBRA and the SBRC for certain land and public improvements, approving preliminary plans, specifications and cost estimates, setting a public hearing on the proposed lease
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10/18/2012 2:44:17 PM
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WHEREAS, the preliminary plans, specifications and cost <br />estimates for the Project have been filed with the Commission; and <br />WHEREAS, the Authority has filed the proposed lease with <br />the Commission, a copy of which is attached hereto as Exhibit A; <br />and <br />WHEREAS, the Commission desires to approve the proposed <br />lease and publish notice of public hearing and conduct a public <br />hearing on the proposed lease pursuant to IC 36 -7 -14 -25.2; and <br />WHEREAS, after the public hearing, the Commission may <br />adopt a resolution pursuant to IC 36 -7 -14 -25.2 authorizing the <br />execution of the proposed lease on behalf of the City of South Bend <br />if it finds that the service to be provided throughout the term of <br />the proposed lease will serve the public purpose of the City of <br />South Bend, is in the best interests of its residents and the lease <br />rental provided for is fair and reasonable. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND <br />REDEVELOPMENT COMMISSION AS FOLLOWS: <br />1. The Commission hereby approves the preliminary <br />plans, specifications and cost estimates which have been filed with <br />the Commission. <br />2. The Commission hereby approves the proposed lease <br />between the Authority and the Commission to be dated as of November <br />1, 1993. <br />2 <br />
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