Approving and authorizing the execution of a lease for the construction and equipping of a new fire station and the construction of a new roof for the

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LEASE CITY OF SOUTH BEND BUILDING CORPORATION TO CITY OF SOUTH BEND, INDIANA THIS CONTRACT OF LEASE, made and entered into as of this 1st day of November, 1998 (the "Lease"), by and between the City of South Bend Building Corporation, an Indiana not-for-profit corporation (hereinafter with its successors and assigns as provided by this Lease called "Lessor"), and the City of South Bend, Indiana (hereinafter called "Lessee"), WITNESSETH: In consideration of the mutual covenants herein contained, it is agreed that: 1. Premises. Term and Warranty. The Lessor does hereby lease, demise and let to Lessee (i) the real estate in the City of South Bend, Indiana, more particularly described in Exhibit A attached hereto and made a part hereof, (ii) a fire station building (hereinafter referred to as the "Fire Station Project"), to be erected on Parcel I described in Exhibit A attached hereto by Lessor and (iii) the Municipal Services Facility Building located on Parcel II described in Exhibit A attached hereto for which the Lessor will complete certain roof improvements (the "Services Building Project" and, with the Fire Station Project, collectively, the "Projects") all pursuant to plans and specifications prepared by Mathews Purucker Annella, Inc. The above-mentioned plans and specifications may be changed, additional construction work may be performed by Lessor, but only with the approval of Lessee, and only if such changes or modifications, additional construction or equipment do not alter the character of the Fire Station Project or the Services Building Project or reduce the value thereof. Any such ::ODMA\PCDOCS\SBDOCS 1 \25224\2