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No. 0964 approving execution of a lease between the SBRA and the SBRC for certain land and public improvements and regarding other related matters
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No. 0964 approving execution of a lease between the SBRA and the SBRC for certain land and public improvements and regarding other related matters
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RESOLUTION NO . 1 0 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />APPROVING EXECUTION OF A LEASE <br />BETWEEN THE SOUTH BEND REDEVELOPMENT AUTHORITY <br />AND THE SOUTH BEND REDEVELOPMENT COMMISSION <br />FOR CERTAIN LAND AND PUBLIC IMPROVEMENTS, AND <br />REGARDING OTHER RELATED MATTERS <br />WHEREAS, the South Bend Redevelopment Commission (the <br />"Commission ") on September 14, 1990, held a public hearing on a <br />proposed Lease between the South Bend Redevelopment Authority (the <br />"Authority ") and the Commission for certain land and public <br />improvements (the "Project ") to be dated as of August 1, 1990 (the <br />"Lease ") at which all interested parties were provided the <br />opportunity to be heard, after which hearing it adopted Resolution <br />No. 959 finding that the rental payments to be paid by the <br />Commission pursuant to the Lease are fair and reasonable and that <br />the use of the Project throughout the term of the Lease will serve <br />the public purpose of the City of South Bend and is in the best <br />interests of its residents; and <br />WHEREAS, the Commission in said Resolution No. 959 <br />directed the Secretary of the Commission to transmit to the Common <br />Council of the City of South Bend (the "Common Council ") a copy of <br />said Resolution No. 959, and to file with said Common Council an <br />approving ordinance; and <br />-1- <br />
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