1995-02-21 Resolution 96 - Laserfiche WebLink

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{~ . • • Addendum to Lease ' South Bend Redevelopment Authority to South Bend Redevelopment Commission (Airport Economic Development Area Public Improvement Project) THIS FIFTH ADDENDUM, made and entered into this ~~ day of February, 1995, by and between the South Bend Redevelopment Authority, a body corporate and politic organized and existing under Indiana Code 36-7-14.5 (hereinafter with its successors and assigns referred to as the "Authority"), and the South Bend Redevelopment Commission, the governing body of the South Bend Department of Redevelopment and the Redevelopment District of South Bend, Indiana (hereinafter called the "Lessee"). WITNESSETH In consideration of the mutual covenants herein contained it is agreed that the Lease (Airport Economic Development Area Public Improvement Project) previously entered into between said parties as of the first day of August, 1990, as amended and restated on August 1, 1990, and as further amended by Addendum dated January 29, 1991, further amended by and Addendum dated February 5, 1993, further amended by an Addendum dated July 16, 1993, further amended by separate Addendum dated July 16, 1993, and as further amended by Addendum dated August 20, 1994, shall be further amended as follows: • 1. Exhibit B to the Lease -Taxable Project Description • shall be and hereby amended by adding an additional item to the list of which the Taxable project consists, paragraph (_) which shall read as follows: ( ) The construction and improvements of F. Jay Nimtz Parkway, Phase III, including, but not limited to the following: new approach lanes; new lane of traffic; interchange improvements at Bendix Drive; drainage structures and facilities; lights and signals; signage and landscaping; all such infrastructure improvements to be made on existing public right-of- way described as follows: F. Jay Nimtz Parkway Phase III Description A part of the Southeast Quarter of Section 21, the Southwest Quarter of Section 22, the Northeast Quarter of Section 28 and the Northwest Quarter of Section 27, Township 38 North, Range 2 East, German Township, St. Joseph County, Indiana, more particularly described as follows: Commencing at the Southwest corner of the Southeast Quarter of Section 21, thence easterly along the south line of Section 21 to the point of intersection with the east line extended of Parcel I as noted in Deed Record Number 7818352, recorded August 25, 1978, in the records of St. Joseph • County, Indiana; thence northerly 20' to a point on the north right-af-way line of F. Jay Nimtz