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RESOLUTION NO. 848 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING <br />MODIFICATIONS TO AND EXECUTION OF A LEASE BETWEEN THE <br />SOUTH BEND REDEVELOPMENT AUTHORITY AND THE <br />SOUTH BEND REDEVELOPMENT COMMISSION FOR <br />THE STANLEY COVELESKI REGIONAL STADIUM, <br />AND REGARDING OTHER RELATED MATTERS <br />WHEREAS, the South Bend Redevelopment Commission (the <br />"Commission ") on April 29, 1988 held a public hearing on a proposed <br />Lease between the South Bend Redevelopment Authority (the <br />"Authority ") and the Commission for the Stanley Coveleski Regional <br />Stadium (the "Stadium ") to be dated as of June 1, 1988 (the "Lease ") <br />at which all interested parties were provided the opportunity to be <br />heard, after which hearing it adopted Resolution No. 842 finding that <br />the rental payments to be paid by the Commission pursuant to the <br />Lease are fair and reasonable and that the use of the Stadium <br />throughout the term of the Lease will serve the public purpose of the <br />City of South Bend and is in the best interests of its residents; and <br />WHEREAS, the Commission in said Resolution No. 842 further <br />approved the execution of and authorized and directed the President <br />or Vice President and Secretary of this Commission to execute and <br />deliver the Lease in substantially the form presented at that <br />meeting, and further directed the Secretary of the Commission to <br />transmit to the Common Council of the City of South Bend (the "Common <br />Council ") a copy of said Resolution No. 842 and to file with said <br />Common Council an approving ordinance; and <br />-1- <br />