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No. 2316 approving execution of an agency agreement with the Board of Public Works relating to the All American Plaza Project
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No. 2316 approving execution of an agency agreement with the Board of Public Works relating to the All American Plaza Project
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EXHIBIT A <br />AGENCY AGREEMENT <br />This Agency Agreement ("Agency Agreement"), made and entered into as of the <br />day of February, 2007, by and between the South Bend Redevelopment Commission <br />("Commission") and the City of South Bend, Indiana, a municipal corporation duly organized and <br />existing pursuant to the laws of the State of Indiana, acting by and through its Board of Public Works <br />("Board") for purposes of the Commission designating the Board to act as the Commission's agent in <br />order to rehabilitate the facade of the former All American Bank Building located 101 N. Michigan <br />Street ("Property") and to fund and direct certain improvements to the exterior facade of the building <br />in which Commission holds an easement interest and any other matters related to the construction of <br />the All American Plaza redevelopment project ("Project") <br />. WITNESSETH: <br />WHEREAS, at a meeting on February 16, 2007, the Commission adopted Resolution No. <br />2316. <br />WHEREAS, at a meeting on February , 2007, the Board adopted Resolution No. <br />WHEREAS, the Commission and the Board desire to enter into this Agency Agreement <br />("Agreement") in order to permit the construction of the Project pursuant to the terms and conditions <br />contained herein; and <br />WHEREAS, the Board desires to act as the agent of the Commission for the purposes of <br />constructing the Project in accord with the plan for redevelopment of the Property; <br />NOW, THEREFORE, in consideration of the mutual covenants and promises herein, and <br />for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties <br />1 <br />
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