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No. 0993 approving a sublease of real property to the COSB
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No. 0993 approving a sublease of real property to the COSB
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10/18/2012 3:02:28 PM
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through the Board, has agreed to sublease the Real Property from the <br />Commission under the terms and conditions of a sublease containing <br />co terms and conditions which are substantially similar to those <br />embodied in the Lease, with the exception that the rent paid by the <br />City to the Commision pursuant to said sublease shall be nominal in <br />amount. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION AS FOLLOWS: <br />1. That the sublease of the following described real property by <br />the South Bend Redevelopment Commission to the City of South Bend, <br />acting by and through its Board of Public Works: <br />Lot Numbered Nine (9) as shown on the recorded Plat of <br />Birdsell Manufacturing Company's Subdivision of Lots <br />Numbered Twenty -four (24) and Twenty -five (25) in <br />rw Denniston and Fellows Addition to the Town, now the City <br />of South Bend. Commonly known as 618 South Columbia, <br />South Bend. <br />under terms and conditions that are substantially similar to those <br />embodied in the Lease, shall be, and hereby is, approved, subject to <br />the adoption of a resolution by the Board of Public Works of the City <br />of South Bend, substantially identical in its terms and conditions as <br />this resolution, and, further, subject to the approval of the South <br />Bend Redevelopment Authority. <br />2. That the President and Secretary of the Commission shall be, <br />and hereby are, authorized, respectively, to execute and attest to <br />the execution of a sublease containing terms and conditions which are <br />substantially similar to those embodied in the Lease, with the <br />exception that the rent paid by the City to the Commisison shall be <br />nominal in amount. <br />
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