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1. The Lease shall be amended to reduce the annual rental <br />payment to $463,000.00 per year payable in semi- annual installments <br />Of $231,500.00 on June 28 and December 28 of each year during the <br />term of said Lease. <br />2. All remaining terms, covenants and conditions as set forth <br />in said Lease shall remain in full force and effect. <br />3. The President and Secretary of the Commission are hereby <br />authorized and directed to execute and attest, respectively, the <br />Addendum. <br />4. This resolution shall be in full force and effect after its <br />adoption by the Authority. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission <br />held on July 29, 1988, at the office of the Commission, 1200 County - <br />City Building, 227 West Jefferson Boulevard, South Bend, Indiana <br />46601, this 29th day of July, 1988. <br />ATTEST: <br />Roman Piasecki, decritary <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />v <br />Jay Nim z, Pres ident <br />