No. 0448 approving/providing for local execution of a proposed neighborhood development program contract consisting of a funding agreement, master agreement and other documents made part of contract by reference or attachment for project A-10

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M RESOLUTION #448 wa- RESOLUTION OF SOUTH BEND REDEVELOPMENT COMMISSION GOVERNING BODY OF CITY OF SOUTH BEND DEPARTMENT OF REDEVELOPMENT APPROVING AND PROVIDING FOR LOCAL EXECUTION OF A PROPOSED NEIGHBORHOOD DEVELOPMENT PROGRAM CONTRACT CONSISTING OF A FUNDING AGREEMENT AND MASTER AGREEMENT AND OTHER DOCUMENTS MADE PART OF CONTRACT BY REFERENCE OR ATTACHMENT FOR PROJECT A -10 WHEREAS, under Title I of the amended National Housing Act of 1949, the United States of America (herein called "Government ") has tendered to the South Bend Redevelopment Commission Governing Body of City of South Bend Department of Redevelopment (herein called "Local Public Agency ") a proposed Contract for Neighborhood Development Program designated Ind. A -10 to aid in financing such Program by means of grant and loan from the Government to the Local Public Agency; WHEREAS, the Contract consists of a Funding Agreement based on HUD -3159B and of a Master Agreement which is HUD -3159A as amended to the present and of Federal Labor Standards Provisions which is HUD -3200 as amended to the present and other documents made part of Contract by reference or attachment described in the above - identified contractual.documents; WHEREAS, the Local Public Agency has received and given due consideration to every part of the proposed contract; WHEREAS, the Local Public Agency is duly authorized under and pursuant to the Constitution and statutes of the State of Indiana to undertake and carry out said Program and to execute such proposed Contract; and WHEREAS, under said proposed Contract the Local Public Agency is required, among other things, with respect to this Program to set up promptly and to maintain in one or more banks which are members of the Federal Deposit Insurance Corporation a separate and special account designated "Neighborhood Development Program Expenditures Account; Program Ind. A -10 ", into which account shall be deposited certain funds described in said proposed Contract: BE IT RESOLVED BY The South Bend Redevelopment Commission Governing Body of City of South Bend Department of Redevelopment, South Bend, Indiana as follows: Section 1. The PROPOSED CONTRACT for Neighborhood Development Program Ind. A -10, CONSISTING OF FUNDING AGREEMENT AND MASTER AGREEMENT AND OTHER DOCUMENTS and by which the United States will make grant payments and loan payments in an aggregate amount up to One Million, Thirty -Seven Thousand, Five Hundred Dollars ($1,037,500) to the Local Public Agency in accordance with said Title I and other Federal law including the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, IS HEREBY APPROVED in all respects for Program Ind. A -10 in the City of South Bend, Indiana. Section 2. The PRESIDENT of the Redevelopment Commission is hereby authorized and directed to execute the Contract by signing two conterparts of the Funding Agreement and signing two counterparts of the Master Agreement on behalf of the Local Public Agency, and the SECRETARY is hereby authorized and directed to attest each such execution and the EXECUTIVE DIRECTOR is hereby authorized and directed to send such counterparts to the United States Department of Housing and Urban Development along with such other documents relative to the approval and execution of the Contract as may be requested by the Government. _c