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To: Redevelopment Commission
From: Staff — Debrah Jennings, Property Manager
Subject: Bruno's Lease Assignment
Date: May 24, 2011
The Redevlopment Commission entered into a Lease Agreement with Bruno Cataldo d/b /a Bruno's
Pizza on August 1, 2010.
Mr. Cataldo has decided to turn the business over to his business associate, James Weldy d/b /a J
Weldy, LLC.
J Weldy, LLC will assume all responsibilities and terms stated in the Lease Agreement with Bruno's
Pizza.
Staff recommends approval.
HAWPDATA \correct memo.doc
ASSIGNMENT OF LEASE, ASSUMPTION OF LEASE AND
CONSENT TO ASSIGNMENT OF LEASE AND RELEASE
ASSIGNMENT OF LEASE
For and in consideration of the sum of One Dollar ($1.00) and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, Bruno Cataldo
d/b /a/ Bruno's Pizza, at the store location known generally as 131 South Michigan Street, South
Bend, Indiana 46601, does hereby assign, set over and convey to J WELDY, LLC, an Indiana
limited liability company, all of his right title and interest in and under that certain Lease
Agreement dated the 1st day of August, 2010, which Lease was made by and between Bruno
Cataldo d/b /a Bruno's Pizza, as tenant, and the South Bend Redevelopment Commission, as
Landlord.
Dated this day of , 2011.
Bruno Cataldo
STATE OF INDIANA )
SS:
ST. JOSEPH COUNTY )
Before me, the undersigned, a Notary Public for and in said County and State this day of
, 2011, personally appeared Bruno Cataldo, known to be the individual who acknowledged execution
of the foregoing Assignment of Lease.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal.
, Notary Public
Resident of St. Joseph County, Indiana
My commission expires:
ASSUMPTION OF LEASE
J WELDY, LLC, an Indiana limited liability company, does hereby accept the foregoing
Assignment of Lease and agrees to assume and be bound by the obligations of the tenant under
the Lease described therein effective the day of , 2011.
Dated this day of , 2011.
J WELDY, LLC
By:
James Weldy, Member
STATE OF INDIANA )
SS:
ST. JOSEPH COUNTY )
Before me, the undersigned, a Notary Public for and in said County and State this day of
' 2011, personally appeared James Weldy, known to be a Member of J WELDY, LLC, Assignee, and
acknowledged execution of the foregoing Assumption of Lease on behalf of said Assignee.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal.
, Notary Public
Resident of St. Joseph County, Indiana
My commission expires:
CONSENT TO ASSIGNMENT OF LEASE AND RELEASE
The South Bend Redevelopment Commission, the landlord under that certain Lease
Agreement dated the 1st day of August, 2011, by and between Bruno Cataldo d /b /a Bruno's
Pizza, as tenant, and the South Bend Redevelopment Commission, as landlord, hereby consents
and agrees to the Assignment of the said Lease by Bruno Cataldo d/b /a Bruno's Pizza to J
WELDY, LLC.
FURTHER, effective the — day of , 2011, Bruno Cataldo d/b /a Bruno's
Pizza, shall be hereby released from all further liability under the Lease.
Dated this _ day of , 2011.
CITY OF SOUTH BEND,
DEPARTMENT OF
REDEVELOPMENT
Signature
Printed Name and TRW
South Bend Redevelopment Commission
ATTEST:
Signature
Printed Name and Title
South Bend Redevelopment Commission
STATE OF INDIANA )
SS:
ST. JOSEPH COUNTY )
Before me, the undersigned, a Notary Public for and in said County and State this day of
2011, personally appeared and , known to be the
and , respectively, of the South Bend Redevelopment
Commission and acknowledged execution of the foregoing Consent to Assignment of Lease and Release on behalf
of said Commission.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal.
, Notary Public
Resident of St. Joseph County, Indiana
My commission expires: