HomeMy WebLinkAboutNo. 2154 approving assignment of redevelopment agreement between commission and Crowe Chizek & Company, LLP•
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Resolution No. 2154
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
APPROVING THE ASSIGNMENT OF REDEVELOPMENT AGREEMENT
BETWEEN THE COMMISSION AND CROWE CHIZEK AND COMPANY, LLP.
WHEREAS, the City of South Bend, Indiana, Department of Redevelopment acting by and
through the South Bend Redevelopment Commission ( "Commission") approved a Redevelopment
Agreement ("Agreement") by and between the Commission and Crowe Chizek and Company, LLP
now known as Crowe Chizek and Company, LLC. ("Developer") on December 21, 2000; and
WHEREAS, pursuant to Section VII, Subsection A of the Agreement, Developer has the
right to assign its rights in the Agreement provided that Developer agrees to notify the Commission
in writing at least sixty (60) days prior to any such assignment; and
WHEREAS, Developer has requested and Commission has consented to the waiver of the
sixty (60) days notice prior to the assignment of rights in the Agreement by Developer to Crowe
Group, LLP and Crowe Group Properties, LLC ("Assignee"); and
WHEREAS, Assignee has agreed to assume the obligations of Assignor and to be bound by
the terms and conditions contained in the Agreement; and
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION AS FOLLOWS THAT:
I . The Assignment between the Commission and Developer to Assignee shall be, and
hereby is, approved.
2. This Resolution shall be in full force and effect upon its adoption by the South Bend
Redevelopment Commission.
ADOPTED at a meeting of the South Bend Redevelopment Commission held at 1300
County-City Building, 227 W. Jefferson Boulevard, South Bend, Indiana 46601 on March 18, 2005.
SOUTH BEND REDEVELOPMENT COMMISSION
Marcia I. Jones
ATTEST:
S
Cre . Downes Downes