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of the City of South Bend and is in the best interests of its resi- <br />dents. <br />Section 3. The Secretary of the Commission is hereby directed to <br />transmit to the South Bend Common Council a copy of this Resolution <br />and to file with said Common Council an approving ordinance for the <br />purpose of said Council's finding, prior to execution of the Lease, <br />that the Rental Payments are fair and reasonable and approving the <br />Lease. <br />Section 4. The President, Vice President and Secretary of the <br />Commission, and each of them, is hereby authorized and directed to <br />file a petition for approval of execution of the Lease with the State <br />Board of Tax Commissioners pursuant to I.C. 6 -1.1- 18.5 -8, subsequent <br />to passage of said approving ordinance of the Common Council. <br />Section 5. The President, Vice President and Secretary of the <br />aw Commission, and each of them, is hereby authorized and directed to <br />take all such further actions and to execute all such instruments as <br />are desirable to carry out the transactions contemplated by this <br />Resolution, in such forms as the President, Vice President and <br />Secretary executing the same shall deem proper, to be evidenced by <br />the execution thereof. <br />ADOPTED this -V day of , 1988. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />By • _ &A <br />` ATTEST: Jay Nimt , Pre ident <br />Roman Piasecki, Secretary <br />-3- <br />