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No. 3252 approving and authorizing the execution of an addendum to the Master Agency Agreement (Hoffman Hotel Project)
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No. 3252 approving and authorizing the execution of an addendum to the Master Agency Agreement (Hoffman Hotel Project)
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11/13/2014 12:05:36 PM
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1 <br /> 1 <br /> I ADDENDUM TO <br /> MASTER AGENCY AGREEMENT <br /> (Hoffman Hotel Project) <br /> This Addendum to Master Agency Agreement (this "Addendum"), made and <br /> entered into as of the 26th day of June, 2014, by and between the South Bend Department <br /> 1 of Redevelopment, acting by and through its Redevelopment Commission (the <br /> "Commission") and the City of South Bend, Indiana, a municipal corporation duly <br /> organized and existing pursuant to the laws of the State of Indiana, acting by and through <br /> its Board of Public Works (the "BPW") for purposes of the Commission designating the <br /> BPW to act as the Commission's agent to undertake the Hoffman Hotel Project (the <br /> "Project"). <br /> WHEREAS, effective January 1, 2014, the Commission and the BPW entered <br /> into a Master Agency Agreement which authorized the BPW to act as agent for and on <br /> behalf of the Commission for certain projects during 2014; and <br /> WHEREAS, pursuant to the Master Agency Agreement, the Commission desires <br /> to add the Project to the Master Agency Agreement by way of this Addendum. <br /> NOW, THEREFORE, in consideration of the mutual covenants and promises <br /> contained herein, and for other good and valuable consideration, the receipt of which is <br /> hereby acknowledged, the BPW and the Commission agree as follows: <br /> 1. The Commission hereby empowers and appoints the BPW, pursuant to the <br /> i <br /> Master Agency Agreement, to act as the Commission's agent for the limited purpose of <br /> contracting for and managing the completion of the Project, the scope of said Project <br /> being more specifically described in "Exhibit A", attached hereto and made a part hereof. <br /> L <br /> 2. All of the terms and conditions of the Master Agency Agreement shall <br /> I <br /> ) <br /> i <br /> 3 <br />
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