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No. 2490 approving and authorizing the execution of an Agency Agreement by and between the South Bend Redevelopment Commission and the City of South Bend, Indiana, Board of Public Works relating to 2008 projects
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No. 2490 approving and authorizing the execution of an Agency Agreement by and between the South Bend Redevelopment Commission and the City of South Bend, Indiana, Board of Public Works relating to 2008 projects
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7/21/2009 3:50:49 PM
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• i~TO~V, i HEREF~I2E, ir. consideration of the mutual covenants and promises contained <br />herein, and for other good and valuable consideration, the receipt of which is hereby acknnwledged- <br />the BPW and the Commission agree as follows: <br />1. The Commission hereby empowers and appoints the BPW to act as the Commission's <br />agent for the limited purpose of contracting for the completion of the Proierts nn the PrnnPrt;PC the <br />~ - r-- -_~, . _- <br />scope of said activities being more specifically described at Exhibit A attached hereto and <br />incorporated herein. The BP W shall select the contractors and sub-contractors, if any needed, and to <br />enter into contracts for the Projects. all on behalf of the Commission. <br />2. This limited Agency Agreement shal_1_ immediately te?;mir_ate upon breach by the <br />Commission or the .BPW of this Agency Agreement or any other agreement between the <br />Commission and the BPW or upon notice at least seven (%) days in advance of the date of <br />. termination of this agency. The authority and appointment herein contained is lirtzited to the total <br />cost for the Projects, as established by the award of contracts by BPW to complete the Projects <br />pursuant to this Agency Agreement. <br />3. ~ BPW hereby accepts the appointment as agent of the Commission as described in <br />Paragraph I of this Agency Agreement: <br />4. BPW shall award such contracts as are necessary to complete the Projects in <br />accordance with lnd. Code S§ 36-1.12, ei seq., and shall execute all contracts pursuant to said <br />chapter on behalf of the Commission. <br />5. BPW, in the bidding of the contracts pursuant to said chapter, shall adopt <br />specifications pertaining to the worx to be performed, the timetable for the performance of the work, <br />require performance, payment, and maintenance bonds as necessary or desirable, and such other <br />• <br />
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