No. 0924 reducing the annual rental on the lease for the SBCDA public improvement project and approving the execution of an addendum to the lease

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in the opinion of the Trustee, materially impair the Authority's interest in or Lessee's use of the Project. "Project' means,.. the real estate (including all right -of -way easements contained therein) in South bend, Indiana, and improvements to be made thereon by the Authority or its agent according to plans and specifications prepared by the project engineers (a list of which is described in Exhibit B hereto) , all as described in Exhibit C hereto. The above mentioned plans and specifications and the Project may be changed and additional construction work may be performed and improvements may be purchased by the Authority, but only with the approval of the Lessee (which approval shall not be withheld by the Lessee in the event of the inability of the Authority to acquire timely and at a reasonable price all of those real property interests constituting part of the Project which must be obtained by eminent domain), and only if such changes or modifications or additional construction work or improvements do not alter the character of the Project or reduce the value thereof. Any such additional construction work or additional improvements shall be part of the property covered by this Lease. The above - mentioned plans and specifications have been filed with and approved by the Lessee. "Lease Resolution' means the resolution of the Commission passed on February 16, 1990, establishing funds for the payment of lease rentals." AW 2. Section 4 of the Lease shall be amended to read in its entirety as follows: "Rental Payment Dates and Amounts." The first semiannual rental installment in the amount of One Hundred Nineteen Thousand Five Hundred Dollars ($119,500) shall be due on the day that the Project is completed and ready for use, or January 31, 1993, whichever is later. If completion is later than January 31, 1993, the first installment shall be in an amount which provides for rental at the rate specified in Exhibit B for the semiannual period in which the Project is completed and ready for use, prorated from the date of completion until the first July 31 or January 31 following such date of completion. Thereafter such rentals shall be payable in advance in semiannual installments on July 31 and January 31 of each year as provided for in the attached lease payment schedule as Exhibit D. The last semiannual rental payment due before the expiration of this Lease shall be adjusted to provide for rental at the rate specified in Exhibit D for the applicable semiannual period prorated from the date such installment is due to the date of the expiration of this Lease (without taking into account any subsequent early termination of this Lease pursuant to Section 2 hereof). -2-