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3. The Board of Public Works hereby accepts the <br />appointment of agency by the Authority as described in Paragraph <br />1 of this Agency Agreement, and acknowledges the terms and <br />conditions of the Lease. <br />4. The Board of Public Works shall construct the <br />Taxable Improvements pursuant to IC 36-1-12, and shall execute all <br />contracts pursuant to said chapter on behalf of the Authority. <br />5. The Board of Public Works, in the bidding of the <br />contracts pursuant to said chapter, shall adopt specifications <br />pertaining to the work to be performed, the timetable for the <br />performance of the work, require performance, payment, and <br />maintenance bonds, and such other matters as may be required by <br />statute and/or the prevailing conditions in the South Bend <br />community for public construction, provided such conditions, <br />specifications, and matters are in accordance with the Plans and <br />all supplements and amendments thereto. The Board of Public Works <br />may make such modifications and amendments to the Plans as required <br />for construction of the Project consistent with the overall design <br />set forth in the Plans, as approved by the Commission and the <br />Authority, and may adopt such special conditions as may be required <br />in its opinion to satisfactorily complete the construction of the <br />Taxable Improvements, provided that such modifications, amendments <br />or special conditions do not alter the character of the Taxable <br />Improvements or reduce the value thereof. <br />6. The Authority hereby empowers the Board of Public <br />Works to assume full responsibility for obtaining all necessary <br />-4- <br />\r1hi11\sthbnd\airport\general\8r-agenc;tmg;12-13-90; <br />