12-12-11 Council Agenda & Packet

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ORDINANCE NO. AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROVING AN AMENDMENT TO ARTICLE III OF THE LEASE AND MANAGEMENT AGREEMENT BETWEEN STUDEBAKER NATIONAL MUSEUM, INC.,AND THE CITY OF SOUTH BEND. STATEMENT OF PURPOSE AND INTENT On August 12, 2005 the City of South Bend entered into a Lease and Management Agreement with Studebaker National Museum, Inc., the Management portion of which (Article III) expired on December 31, 2010. Throughout 2011 the parties have continued their contractual Management Agreement on a month to month basis, and they desire to amend and renew their original Management Contract for another five year term. Studebaker National Museum performs a valuable service to the City by its preservation, public display, and educational programs relating to the Studebaker automobile and the City's Studebaker related Collection and Archives. Therefore, it is desirable and in the best interests of the City and its citizens that Article III of the Lease' and Management Agreement with Studebaker National Museum be amended and renewed per the attached Amended Agreement. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA as follows: Section 1. The First Amendment to the Lease and Management Agreement, at Article III, between the City of South Bend and Studebaker National Museum, Inc., attached hereto as Exhibit "A" be and hereby is approved. Section I1. The Board of Public Works is authorized to execute on behalf of the City of South Bend the First Amendment of the Lease and Management Agreement, Article III, attached hereto as Exhibit "A". Section III. The effective date of the Amendment to Article III of the Agreement is January 1, 2011. Section IV. This ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Member, South Bend Common Cou it �� "1't:Si E;3as 5'atiiob C'«vb4+°I r