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HomeMy WebLinkAboutNo. 1393 approving the execution of an addendum to the lease (SBCDA public improvement project)RESOLUTION NO. 1393 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING THE EXECUTION OF AN ADDENDUM TO THE LEASE (South Bend Central Development Area Public Improvement Project) WHEREAS, the South Bend Redevelopment Authority (the "Authority ") previously entered into a lease between the Authority and the South Bend Redevelopment Commission (the "Commission ") dated as of the first day of November, 1989, as amended by numerous subsequent addenda (the lease and the addenda collectively referred to herein as the "Lease "), pursuant to which the Authority will lease certain land and improvements (the "Project ") to the Commission; and WHEREAS, the Commission desires to approve and execute an addendum to the Lease (the "Addendum ") , a copy of which is attached hereto as Exhibit "A", reflecting a change in the Project description. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: 1. The Lease shall be amended to change the Project description as set forth in Exhibit "A" hereto. 2. All remaining terms, covenants and conditions as set forth in the Lease shall remain in full force and effect. 3. The President and Secretary of the Commission are hereby authorized and directed to execute and attest, respectively, the Addendum attached hereto as Exhibit "A ". 4. The transfer of the real property described at Exhibit "A" by the Authority to the City of South Bend, for the use and benefit of its Department of Redevelopment is hereby approved, ratified and accepted. 5. This resolution shall be in full force and effect after its adoption by the Commission r SOUTH BEND REDEVELOPMENT COMMISSION By: Philip J. F d , President ATTE Robert W. Hunt, Secretary I% ADDENDUM TO LEASE SOUTH BEND REDEVELOPMENT AUTHORITY TO SOUTH BEND REDEVELOPMENT COMMISSION (South Bend Central Development Area Public Improvement Project) THIS, DENDUM, made and entered into this J!S� day of ,/M Ptu , 1995, by and between the South Bend Redevelopment Authority, a body corporate and politic organized and existing under Indiana Code 36 -7 -14.5, and the South Bend Redevelopment Commission, governing body of the South Bend Department of Redevelopment and the Redevelopment District of South Bend, Indiana, WITNESSETH: In consideration of the mutual covenants herein contained, it is agreed that the lease (South Bend Central Development Area Public Improvement Project) previously entered into between said parties as of the first day of November, 1989, as amended by numerous subsequent addenda (the lease and the addenda collectively referred to herein as the "Lease "), shall be further amended as follows: 1. Exhibit C of the Lease shall be and hereby is amended by deleting the following parcel of real estate from the Project Description: Lot Numbered Thirty -seven (37) as shown on the recorded Plat of Taylor's Field Addition to the City of South Bend. Commonly known as 516 South St. Joseph Street. Key No. 18- 3020 -0728. 2. The parties hereto acknowledge that all remaining terms, covenants, and conditions as set forth in the Lease, as amended as above described, shall remain in full force and effect. IN WITNESS WHEREOF the parties hereto have caused this Addendum to be executed for and on their behalf on the day and year first hereinabove written. ATTEST: Mary 0. Fe lic, Secretary SOUTH BEND REDEVELOPMENT AUTHORITY rj f By: Josep Wroblewski, President Q STATE OF INDIANA ) ) SS: COUNTY OF ST. JOSEPH ) Before me, the undersigned, a Notary Public in and for said County and State, personally appeared Joseph Wroblewski and Mary 0. Ferlic, personally known by me to be the President and Secretary, respectively, of the South Bend Redevelopment Authority, and acknowledged the execution of the foregoing Addendum to Lease for and on behalf of said Authority. Wit e s my hand and Notarial Seal this Lfh day of 1995. 6�jlp Notary Public Residing in St. Joseph Co., Ind. My Commission Expires:, w SOUTH BEND REDEVELOPMENT COMMISSION By Philip J. F nda, President ATTES . Robert W. Hunt, Secretary Notary Public Residing in St. Joseph County, Ind. My Commission Expires: STATE OF INDIANA ) )SS: COUNTY OF ST. JOSEPH } Before me, the undersigned, a Notary Public in and for said County and State, personally appeared Philip J. Faccenda and Robert 0. Hunt, personally known by me to be the President and Secretary, respectively, of the South Bend Redevelopment Commission, and acknowledged the execution of the foregoing Addendum to Lease for and on behalf of said Commission. Wi ness my hand and Notarial Seal this �� day of i I , 1995. 1 Notary Public Re iding in St. Joseph Co., Ind. My Commission Expires: NWARX Fu3L1C s!,:> 1 O^ 1_ T -MAWA iii' CCgV-&':! !:. ZQ,I��9