No. 2440 approving Execution of an Addendum to Lease with the South Bend Redevelopment Authority for the Morris Performing Arts Center project

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"Trustee" means Wells Fargo Bank, N.A., 111 East Wayne Street, Fort Wayne, IN 46801-6642, as trustee pursuant to the Trust Agreement, and any successor trustee. , 2. The first and second paragraphs of Section 4(b) of the Lease are amended to read as follows: • (b) The next semi-annual rental installment for the Additional/Combined Project in the amount of and 00/100 Dollars ($ .00), or such lesser amount as a result of the Lessee receiving a credit as expressly permitted pursuant to the applicable section of the Additional Trust Agreement as a result of funds on deposit in the. Excess Funds Account of the Operation and Reserve Fund which, when added to the funds on deposit in the Reserve Fund, are in excess of the Three Payment Amount, shall be due on July 28, 2008. Thereafter, such rentals shall be payable in advance in semi-annual installments on January 28 and July 28 of each year as provided for in the lease payment schedule attached hereto as Exhibit D(2) (or such lesser amount as a result of the Lessee receiving a credit as expressly permitted pursuant to the applicable section of the Additional Trust Agreement as a result of funds on deposit in the Excess Funds Account of the Operation and Reserve Fund which are, when added to the funds on deposit in the Reserve Fund, in excess of the Three Payment Amount). The last semi-annual rental payment due before the expiration of this Lease shall be adjusted to provide for rental at the amount specified above for the applicable semi-annual period prorated from the date such installment is due to the date of the expiration of this Lease (without taking into account any subsequent earlier termination of this Lease pursuant to Section 2 hereof). For purposes of this Lease, rental payments shall be allocable among the Original.. Project, the Additional Project, and the Combined Project as follows: (i) eighty percent (80%) of the amount required to be paid under Section 4(b) hereof shall be allocable to the Additional Project, as reflected on Exhibit D(2); and (ii) the remaining amounts required to be paid under Section 4(b) shall be allocable to the Combined Project as reflected.. in Exhibits D(2). 3. Exhibit D(2) of the Lease is amended to read as follows: EXHIBIT D(2) Payment Date BDDBOI 51307>9v i LEASE PAYMENT SCHEDULE FOR ADDITIONAL/COMBINED PROJECT Total Amount of Lease Amount of-Lease Lease Payment Payment Allocable Payment Allocable -2-