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1990-08-30 Resolution 24
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1990-08-30 Resolution 24
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7/17/2008 1:52:55 PM
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<br />WHEREAS, on September 14, 1990, said public hearing was <br />held and all interested parties were provided the opportunity to <br />be heard at the hearing and the Commission adopted Resolution <br />No. 959 authorizing the execution and delivery of said Lease; and <br />WHEREAS, the Lease provides that the Authority shall <br />lease the real property upon which the Project will be built to the <br />Commission and that the Authority shall additionally lease to the <br />Commission the improvements to be constructed in accord with the <br />final drawings, plans, specifications and estimates prepared for <br />the Authority (the "Plans"), as approved by the Commission pursuant <br />to IC 36-7-14.5-16 and to be filed with the Board of Public Works; <br />and <br />WHEREAS, the Authority at a meeting on December 17, 1990, <br />adopted a resolution approving the execution of an Agency Agreement <br />with the Board of Public Works; and <br />WHEREAS, the Authority and the Board of Public Works <br />desire to enter into this Agency Agreement to permit the <br />construction of the Project pursuant to the terms hereof; and <br />WHEREAS, the Board of Public Works desires to act as the <br />agent of the Authority for the purposes of constructing the Project <br />in accord with the Plans; <br />NOW, THEREFORE, in consideration of the mutual covenants <br />and promises herein, and for other good and valuable consideration, <br />the receipt of which is hereby acknowledged, the parties agree as <br />follows: <br />-2- <br />\rlhill\sthbnd\airport\general\gr-agenc;tmg;12-13-90; <br />
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