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04-08-13 Agenda & Packet
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04-08-13 Agenda & Packet
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4/4/2013 10:24:49 AM
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4/4/2013 10:21:49 AM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
4/8/2013
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LEASE <br />CITY OF SOUTH BEND BUILDING CORPORATION <br />TO <br />CITY OF SOUTH BEND, INDIANA <br />THIS CONTRACT OF LEASE, made and entered into as of this 1 st day of May, <br />2013 (the "Lease "), by and between the City of South Bend Building Corporation, an Indiana <br />not - for - profit corporation (hereinafter with its successors and assigns as provided by this Lease <br />called "Lessor "), and the City of South Bend, Indiana (hereinafter called "Lessee "), <br />WITNESSETH: <br />In consideration of the mutual covenants herein contained, it is agreed that: <br />1. Premises, Term and Warranty. The Lessor does hereby lease, demise <br />and let to Lessee (i) the real estate in the City of South Bend, Indiana, more particularly <br />described in Exhibit A attached hereto and made a part hereof as Parcel I and Parcel II; (ii) the <br />building or buildings to be erected on Parcel I described in Exhibit A (the "Fire Station Project "); <br />and (iii) the building or buildings to be erected on Parcel II described in Exhibit A (the "Fire <br />Safety Training Center Project" and, with the Fire Station Project, collectively, the "Projects "), <br />all pursuant to plans and specifications prepared by the project architects engaged by the Lessee. <br />The above - mentioned plans and specifications may be changed, additional <br />construction work may be performed by Lessor, but only with the approval of Lessee, and only if <br />such changes or modifications, additional construction or equipment do not alter the character of <br />the Projects or reduce the value thereof. Any such additional construction shall be part of the <br />property covered by this Lease. The above - mentioned plans and specifications have been filed <br />with and approved by Lessee. <br />DMS_US 51840010x2 <br />
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