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i <br />WHEREAS, the Commission desires to approve the proposed Lease, <br />schedule a public hearing, publish notice of public hearing and con- <br />duct a public hearing on the proposed Lease pursuant to I.C. <br />tw 36 -7 -14 -25.2; and <br />WHEREAS, after the public hearing the Commission may adopt a <br />resolution pursuant to I.C. 36 -7 -14 -25.2 authorizing the execution of <br />the proposed Lease on behalf of the City of South Bend if it finds <br />that the service to be provided throughout the term of the proposed <br />Lease will serve the public purpose of the City of South Bend, is in <br />the best interests of its residents and the Lease rental provided for <br />is fair and reasonable. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION AS FOLLOWS: <br />1. The Commission hereby approves the proposed Lease between the <br />Authority and the Commission to be dated as of June 1 1988. <br />2. The Commission hereby schedules the public hearing on the <br />Lease to be held on April 29, 1988, at 10:00 o'clock a.m., Eastern <br />Standard Time, at the office of the Commission located at 1200 County - <br />City Building, 227 West Jefferson Boulevard, South Bend, Indiana. <br />3. The Commission hereby authorizes the publication of a notice <br />of public hearing on the Lease pursuant to I.C. 5 -3 -1. <br />4. This resolution shall be in full force and effect after <br />adoption by the Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission <br />held on April 15, 1988 at the office of the Commission located at 1200 <br />-2- <br />