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3° WHEREAS, the Commission desires to approve a contract for the <br />sale and purchase of land (the "Purchase Agreement ") upon which the <br />IL <br />Parking Facility will be built, to permit the sale of said land to <br />the Authority by the Commission, a copy of which Purchase Agreement <br />E <br />is attached as "Exhibit C;" <br />NOW THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />s <br />COMMISSION AS FOLLOWS: <br />1. The Commission hereby approves the modifications to the <br />Lease and approves said Lease, as modified. <br />K 2. The President or Vice President and Secretary of this <br />s Commission are hereby authorized and directed, on behalf of the City <br />r <br />i <br />of South Bend, to execute and deliver the Lease, as so modified, in <br />the form attached hereto as "Exhibit A." <br />3. The Commission hereby authorizes the publication, in <br />accordance with IC 36 -7 -14 -25.2, of the Notice of Execution and <br />Approval of Lease, in the form attached hereto as "Exhibit B." <br />j 4. The Commission hereby approves the Purchase Agreement and <br />i <br />directs the President or Vice President and Secretary of this <br />Commission, on behalf of the City of South Bend, to execute and <br />deliver the Purchase Agreement, in the form attached hereto as <br />"Exhibit C." <br />5. This Resolution shall be in full force and effect after its <br />adoption by the Commission. <br />-3- <br />