1993-12-02 Resolution 86 - Laserfiche WebLink

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LEASE This Lease entered into as of he 1st day of November, 1993, between the SOUTH BEND REDEVELOPMENT AUTHORITY, a body corporate and politic organized and existing under Indiana Code 36-7-14.5 (the "Authority) and the SOUTH BEND REDEVELOPMENT COMMISSION, the governing body of the .South Bend Department of Redevelopment and the Redevelopment District of the City of South Bend, Indiana -(the "Lessee"), acting for and on behalf of the City of South Bend, Indiana. WITNESSETH: Section 1. Definitions. The terms .defined in this Section 1 shall for all purposes of this Lease have the meanings herein specified unless the context otherwise xequires. "Act" means Indiana Code 36-7-14..5, as the same from time to time may be amended or supplemented. "Authority" means the South Bend Redevelopment Authority, a body corporate and politic organized and existing under the Act, or if said Authority shall be abolished, the authority, board, body, instrumentality or agency succeeding to the principal functions thereof. "Bonds" means South Bend Redevelopment Authority. Lease Rental Revenue Bonds (College Football Hall of Fame/Century Center Project) . "Century Center Portion" means the portion of the Project consisting of the existing Century Center and real estate upon which the Century Center is located and the improvements to be completed thereon all as described in Exhibit B hereto. "Hall of Fame Portion" means the portion of the Project consisting of the real estate and the improvements to be constructed thereon, which shall constitute the College Football Hall of Fame, all as described in Exhibit B hereto. "Lease" means this Lease as the same may be amended, modified or supplemented by any amendments or modifications hereof or supplements hereto entered into in accordance with the provisions hereof. "Lessee" means the South Bend Redevelopment Commission, the governing body of the South Bend Department of Redevelopment and the Redevelopment District of the City of South Bend, Indiana, or if said Commission shall be abolished, the commission, board, body or agency succeeding to the principal functions thereof.