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RESOLUTION NO. 846 <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 THE <br />ST. JOSEPH /WAYNE PARKING FACILITY, AND <br />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 St. Joseph /Wayne Parking <br />pb <br />Facility (the "Parking Facility ") to be dated as of June 1, 1988 (the <br />A <br />"Lease ") at which all interested parties were provided the <br />opportunity to be heard, after which hearing it adopted Resolution <br />No. 841 finding that the rental payments to be paid by the Commission <br />pursuant to the Lease are fair and reasonable and that the use of the <br />Ii Parking Facility throughout the term of the Lease will serve the <br />public purpose of the City of South Bend and is in the best interests <br />i <br />of its residents; and <br />i <br />WHEREAS, the Commission in said Resolution No. 841 further <br />i <br />approved the execution of and authorized and directed the President <br />i <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 />I <br />Council ") a copy of said Resolution No. 841, and to file with said <br />Common Council an approving ordinance; and <br />-1- <br />