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RESOLUTION NO. 3105 <br /> RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br /> COMMISSION APPROVING OF THE FORM OF AN ECONOMIC <br /> DEVELOPMENT MEMORANDUM OF UNDERSTANDING, <br /> AUTHORIZING ITS EXECUTION AND ATTESTATION WITH <br /> RESPECT TO AN ECONOMIC DEVELOPMENT PROJECT TO BE <br /> UNDERTAKEN BY F CUBED, LLC, IN THE CITY AND AUTHORIZING <br /> THE COMMISSION TO INITIATE A DISPOSITION PROCESS <br /> IN CONNECTION THEREWITH <br /> WHEREAS, the South Bend Redevelopment Commission (the "Commission"), <br /> the governing body of the City of South Bend, Indiana (the "City"), Redevelopment District and <br /> the City of South Bend, Indiana, Department of Redevelopment, exists and operates under the <br /> provisions of Indiana Code Section 36-7-14, as amended from time to time (the "Act"); and <br /> WHEREAS, F Cubed, LLC ("F Cubed") is an emerging company engaged in the <br /> development of a technology created by the University of Notre Dame (the "University") for the <br /> rapid and direct detection of DNA to be utilized for identification of contaminated drinking <br /> water, medical diagnostics in retail medical clinics and homeland defense (the "Technology"); <br /> and <br /> WHEREAS, F Cubed has operations presently located at Innovation Park in the <br /> City (the "South Bend Operations"); and <br /> WHEREAS, in order to more fully develop the Technology and expand its <br /> applications, F Cubed requires certain equipment, more particularly described in the MOU (as <br /> defined below) (the "Equipment"), to be used in connection with the South Bend Operations; and <br /> WHEREAS, F Cubed anticipates being located for a period of time at Innovation <br /> Park or temporarily located elsewhere on University property but desires to Iocate at Ignition <br /> DMS_US 51©53184v I <br />