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ORDINANCE NO. 7 16 ( �/ 3 <br />AN ORDINANCE APPROVING THE FORM AND TERMS OF <br />AN AMENDED AGREEMENT OF OPERATIONS BETWEEN <br />ST. JOSEPH COUNTY HOTEL -MOTEL TAX BOARD OF <br />MANAGERS AND SOUTH BEND CIVIC CENTER BOARD <br />OF MANAGERS AND CITY OF SOUTH BEND AND <br />AUTHORIZING THE EXECUTION THEREOF PERTAINING <br />TO THE SOUTH BEND CIVIC CENTER. <br />WHEREAS, the South Bend Civic Center Building Authority <br />was created under the provisions of Public Law 220 and operates under <br />authority of I.C. 36- 10 -10 -1, et. seq., for the purpose of financing, <br />acquiring, constructing, equipping and leasing to the City of South <br />Bend, Indiana, the property located at 120 So. St. Joseph Street, <br />South Bend, known as Century Center; and <br />WHEREAS, in 1975 an Agreement of Operations was entered <br />into by the St. Joseph County Hotel -Motel Tax Board of Managers, the <br />South Bend Civic Center Board of Managers, and the City of South <br />Bend, and that Agreement was approved by Ordinance No. 5885 -75; and <br />WHEREAS, the City of South Bend, the South Bend Civic <br />Center Board of Managers, and the St. Joseph County Hotel -Motel Tax <br />Board of Managers desire to amend said agreement, while still pro- <br />viding for annual payment for the next twenty (20) consecutive years <br />of One Hundred Fifty Thousand Dollars ($150,000) each year from the <br />annual collection of the Hotel -Motel Tax; and <br />WHEREAS, notice of public hearing on the proposed Agree- <br />ment of Operations before this Common Council was duly given by the <br />required legal publication of notice, and said hearing has been held <br />in accordance with said notice and the governing statute. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of <br />the City of South Bend, Indiana that: <br />SECTION I. Ordinance 5885 -75 is hereby repealed. <br />SECTION II. The form and terms of the Amended Agreement <br />of Operations between the City of South Bend and the St. Joseph <br />County Hotel -Motel Tax Board of Managers, attached hereto as <br />Exhibit A and made a part hereof, are hereby approved. <br />SECTION III. This Ordinance shall be in full force and <br />effect from and after its passage by the Common Council and approval <br />by the Mayor. <br />1st READING ; ' o2 9 — O o� <br />PUBLIC HEARING <br />2nd READING <br />NOT APPROVED <br />REFERRED <br />PASSED CV—,/ �V9 <br />._ — M <br />M MM7 of the Comm <br />EItED ID CLEr.,TS OFFICE <br />,J <br />