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resulting from the differential in assessed valuation of Chase Tower at this time and after <br /> rehabilitation is undertaken under this development plan. These annual reimbursement payments <br /> from Fund No. 420 to Rainy Day Fund #102 shall be made until the original appropriation of <br /> $5,700,000.00 is repaid and satisfied in fWl. <br /> Section 111. The Mayor is authorized to execute a Development Agreement on behalf <br /> of the City between the City and Care Hotels. <br /> Section IV. This Ordinance shall be in full force and effect upon passage by the <br /> Common Council, approval of the Mayor, and any publication required by law. <br /> Member, South Bend Common Council <br /> Attest: <br /> City Clerk <br /> Presented by me to the Mayor of the City of South Bend, Indiana on the day <br /> of <br /> 2011, at o'clock M. <br /> City Clerk <br /> Approved and signed by me on the day of , 2011, at o'clock �. M. <br /> Mayor, City <br /> 1.i <br /> PL#r�L;c N AR ING rU, t L,sS E 3 <br /> ['10T APPRwo <br /> PASSED <br />