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AGREEMENT FOR STAFF SERVICES <br />mocv) t <br />This Agreement for Staff Services (this "Agreement") is made on. _ -; 2-1 <br />(the "Effective Date"), by and between The Industrial Revolving Fund of South Bend, Indiana, by <br />and through its Board of Directors (the "IRF") and the City of South Bend, an Indiana municipal <br />corporation, acting by and through its Board of Public Works (the "City" or the "Provider"). <br />RECITALS <br />A. The IRF has as its purpose the furtherance of the economic development, social <br />welfare, and common good of the City of South Bend through the development of job opportunities <br />and the elimination of blight and/or deteriorating physical conditions within the City of South <br />Bend. <br />B. The IRF operates under the terms of the Industrial Revolving Fund Plan (the <br />"Plan"), most recently approved by the United States Economic Development Administration (the <br />"EDA") on May 11, 2017 and subsequent approval by the City of South Bend, Board of Public <br />Works on August 22, 2017, and the applicable EDA regulations, as amended from time to time <br />and contained in the Code of Federal Regulations. <br />C. As contemplated in the Plan, the IRF has determined that obtaining certain staff <br />support services is necessary and proper to advance its purpose. <br />D. The City has a staff with the knowledge, experience, and expertise to provide the <br />staff support services desired by the IRF. <br />E. The IRF has determined that due to the City's knowledge, experience, and <br />expertise, it is in the best interests of the IRF to retain the City to assist the IRF in accomplishing <br />its purpose. <br />F. The City is willing to assist in the IRF's operations by providing certain staff <br />support services on the terms stated in this Agreement. <br />NOW, THEREFORE, in consideration of the mutual benefits and obligations stated in this <br />Agreement, the parties agree as follows: <br />SECTION 1. Definitions. <br />For purposes of this Agreement, the following terms have the meanings referred to in this <br />Section: <br />Contract Administrator; The term "Contract Administrator" shall mean the Director <br />of Economic Resources for the City's Department of <br />1 <br />