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06-09-08 Council Meeting Agenda & Packet
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06-09-08 Council Meeting Agenda & Packet
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7/10/2008 1:57:32 PM
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6/5/2008 3:25:56 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
6/9/2008
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ORDINANCE NO. <br />AN ORDINANCE OF THE COMMON COUNCIL <br />OF THE CITY OF SOUTH BEND, INDIANA, <br />APPROVING A SECOND ADDENDUM TO LEASE FOR CERTAIN <br />ADDITIONAL PUBLIC IMPROVEMENTS BETWEEN THE SOUTH <br />BEND REDEVELOPMENT AUTHORITY AND THE SOUTH BEND <br />REDEVELOPMENT COMMISSION <br />STATEMENT OF PURPOSE AND INTENT <br />The South Bend Redevelopment Commission (the "Commission"), governing <br />body of the South Bend Department of Redevelopment and the South Bend Redevelopment <br />District (the "Redevelopment District"), exists and operates under the provisions of Indiana Code <br />36-7-14, as amended from time to time (the "Act"); and <br />The Commission has adopted various resolutions (i) declaring certain real estate <br />in the Redevelopment District, known as the South Bend Central Development Area (the <br />"Area"), to be a redevelopment area within the meaning of the Act, determining that it would be <br />of public utility and benefit to redevelop the Area pursuant to a development plan, as amended, <br />and (ii) designating the entire Area as an allocation area having boundaries as described in <br />Declaratory Resolution No. 137, as amended; and <br />The South Bend Redevelopment Authority (the "Authority") previously entered <br />into a lease by and between the Authority and the Commission dated as of November 1, 1993, as <br />amended by an Addendum to Lease dated as of June 3, 1994 (collectively, the "Lease"), which <br />Lease was heretofore approved by the Commission, and pursuant to which the Authority leases <br />to the Commission certain real estate and local public improvements at the Century Center; and <br />BDDBOI 523769442 <br />
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