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No. 1101 approving an agreement among the SBRA, SBRC and the St. Joseph County Airport Authority for the operation and management of Blackthorn Golf Course and authorizing the execution thereof
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No. 1101 approving an agreement among the SBRA, SBRC and the St. Joseph County Airport Authority for the operation and management of Blackthorn Golf Course and authorizing the execution thereof
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10/18/2012 2:55:23 PM
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10/25/2011 2:14:52 PM
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person, or to such other address, of which any party hereto shall <br />nave given written notice as provided herein): <br />IF TO REDEVELOPMENT: South Bend Redevelopment Authority <br />1200 County -City Building <br />South Bend, Indiana 46601 <br />WITH A COPY TO: Richard A. Nussbaum, II <br />South Bend City Attorney <br />1400 County -City Building <br />South Bend, Indiana 46501 <br />IF TO AIRPORT: St. Joseph County Airport Authority <br />4477 Terminal Drive <br />South Bend, Indiana 46628 <br />Attention: John Schalliol <br />13. INDIANA RESPONSIBLE PROPERTY TRANSFER LAW <br />Airport and Redevelopment acknowledge that the transactions <br />contemplated by this Agreement are not subject to the provisions of <br />the Indiana Responsible Property Transfer Law (Ind. Code 13- 7- 22.5 -1, <br />et seq.). <br />14. SALE OF BLACKTHORN <br />The sale or other disposition of Blackthorn by Redevelopment <br />shall be made only upon the affirmative vote of two - thirds of the <br />Joint Committee, Redevelopment. The terms and conditions of any such <br />sale shall also require the affirmative vote of two - thirds of the <br />Joint Committee, South Bend Redevelopment Authority and Airport. <br />15. TERM <br />(a) This agreement shall terminate on the earliest of the <br />following dates: (1) September 30, 2042, (2) the sale of Blackthorn, <br />as provided herein, (3) the cessation of the operation of Blackthorn. <br />(b) Prior to the termination of this Agreement the Joint <br />Committee may elect to extend the term of this Agreement, by the <br />adoption of substantially similar resolutions by the governing bodies <br />of Redevelopment and Airport, approving the extension of the Joint <br />Committee and the amendment of this Agreement, and authorizing the <br />executives of Redevelopment and Airport to execute the amendments to <br />this Agreement. <br />(c) During the duration of this Agreement, neither <br />Redevelopment nor Airport may take any action to terminate the Joint <br />Committee or this Agreement, except as provided herein. <br />16. AMENDMENT <br />Changes and amendments to this Agreement shall be make only <br />upon the affirmative vote of two - thirds of the Joint Committee and <br />approval of Redevelopment and Airport. <br />-13- <br />
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