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1993-07-08 Resolution 78
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1993-07-08 Resolution 78
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7/23/2008 3:20:56 PM
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3, The parties hereto acknowledge that all remaining <br />. terms, covenants and conditions as set forth in the Lease between <br />.the parties hereto shall remain in full force and effect. <br />4. This Addendum shall take effect as of the date (the <br />"Deposit Date") when the Authority deposits or causes to be <br />deposited proceeds derived from the sale of its South Bend <br />Redevelopment Authority Taxable Lease Rental Acquisition and <br />Refunding Revenue Bonds of 1993 (Airport Economic Development Area <br />Public Improvement Project) into an escrow fund established <br />pursuant to an Irrevocable Escrow Deposit Agreement, such Agreement <br />to be dated as of July 1, 1993, between the Authority and Society <br />National Bank, Indiana, for the purpose of refunding the South Bend <br />Redevelopment Authority Taxable Lease Rental Revenue ,Bonds (Aidated <br />Economic Development Area Public Improvement Project), <br />January 1, 1991. Such Deposit Date shall be endorsed on this <br />Addendum at the end hereof by the parties hereto as soon as the <br />same can be done after the deposit into the Escrow Fund. and the <br />Addendum shall be recorded as so endorsed. <br />IN WITNESS WHEREOF, the undersigned have caused this <br />Addendum to be executed for and on their behalf on the day and year <br />first hereinabove written. <br />J <br />SOUTH BEND REDEVELOPMENT AUTHORITY, <br />as Lessor <br />B ~E <br />y~ President <br />J eph W. Wroblewski, <br />TTEST: <br />OfA~~ti~ <br />Donald K. Fewell, <br />Secretary-Treasurer <br />By: <br />ATTEST: <br />~T e F . Sher , <br />Secretary <br /> <br />SOUTH BEND REDEVELOPMENT COMMISSION, <br />as Le see <br />~wr ~ ; <br />Paula N. Auburn, President <br />-3- <br />
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