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NOW, THERhFORE. BE ]T RESOLVED by the South Bend Public Transportation Corporation that: <br />1) Upon the executirn~ of the Termination Agreement by Transpo and the City, acting through the <br />Commission, the Commission shall execute the Ne~a~ Agreement, substantially in the forn attached <br />hereto as Exhibit A. to pw•chase the New Property. <br />2) The transfer of the Ne~~ Property, as provided in the New Agreement, shall be, and hereby is, <br />approved. <br />3) This Resolution shall be in full force and effect upon its adoption by the Commission and upon the <br />adoption of a substantially similar resolution by the goveriing body of Transpo. <br />4) Don Inks or Leff Gibney is authorized to execute on behalf of the Commission any documents <br />necessary to cagy out the intent of this Resolution. <br />CITY OF SOUTH BEND, DEPARTMENT OF <br />REDEVELOPMENT <br />Sr,,>nuan-e <br />Pt~intcd h4nne and Tide <br />South Bend Redevelopment Commission <br />ATTEST: <br />Signntnre <br />Printwl \iuneuntl fide <br />publicl rui,Pt~_RGSd~~c <br />