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APN <br />South Bend Redevelopment Commission <br />Regular Meeting - June 3, 1994 <br />6. NEW BUSINESS (Cont.) <br />b. continued... <br />of Fame lease rental is being applied to <br />the Hall of Fame debt. <br />Mr. Rompola added that there are still <br />some blank lines in the Addendum. One <br />relates to the pledge resolution that you <br />normally adopt as you are preceding with <br />the bond issue which indicates that you <br />pledge to levy a tax in the event that you <br />don't have sufficient revenues to make <br />the upcoming lease payments. The <br />Redevelopment Commission has adopted <br />such a resolution at a prior meeting in <br />May with respect to the Century Center <br />portion of the bond, but have yet to <br />adopt a resolution for the Hall of Fame, <br />and as Baker & Daniels completes the <br />Hall of Fame structuring, they will come <br />back to the Commission for approval of <br />that resolution. <br />Upon a motion by Mr. Sharp, seconded <br />by Mr. Piasecki and unanimously <br />carried, the Commission approved <br />Resolution No. 1260, approving <br />modifications to the Lease for the <br />College Football Hall of Fame /Century <br />Center Project, and approved the <br />execution of an Addendum to Lease. <br />Commission approval requested for use <br />of Redevelopment -owned property in the <br />West Washington-Chapin Development <br />Area on July 3 to July 24, 1994 (Berean <br />Seventh -Day Adventist Church). <br />COMMISSION APPROVED RESOLUTION NO. <br />1260 APPROVING MODIFICATIONS TO THE <br />LEASE FOR THE COLLEGE FOOTBALL HALL <br />OF FAME /CENTURY CENTER PROJECT AND <br />APPROVING THE EXECUTION OF AN <br />ADDENDUM TO LEASE. <br />