8486-94 Approving Execution Addendum to the Lease Century Center

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• EXHIBIT A ADDENDUM TO LEASE Addendum to Lease Between South Bend Civic Center Building Authority, as Lessor, and the City of South Bend, as Lessee THIS ADDENDUM, entered into as of the 1st day of April, 1994 (the "Addendum") , between the South Bend Civic Center Building Authority, a body corporate and politic organized and existing under I.C. 36-10-10 (the "Authority") , and the City of South Bend, Indiana (the "Lessee") ; WITNESSETH: In consideration of the mutual covenants herein contained, it is agreed that the lease previously entered into between the Authority and the Lessee dated August 25, 1975, and as amended by the Amendment to Lease entered into between the Authority and Lessee dated as of June 1, 1977, both of which were recorded in the office of the Recorder of St. Joseph County, Indiana (recording numbers 200654 in Miscellaneous Record 295 at pages 102 to 123 and 238491 in Miscellaneous Record 307 at pages 10 to 15 respectively) (hereinafter collectively referred to as the "Lease") shall be amended as follows: 1. Section 17 of the Lease is amended to read as follows: Section 17. Option to Purchase. The Authority hereby grants to the City the right and option, on any date from and after ten (10) years from the date of the execution of this Lease and prior to the expiration thereof, upon written notice to the Authority, to purchase the demised premises at a price equal to the amount required to enable the Authority to redeem all outstanding securities payable out of the rentals provided for in this Lease, all premiums payable on the redemption thereof, and accrued and unpaid interest, and to pay all other indebtedness and obligations of the Authority attributable to the construction and leasing of the Civic Center, including the cost of liquidation of the Authority if it is to be liquidated.