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HomeMy WebLinkAboutNo. 1325 approving the execution of an addendum to the lease for the AEDA public improvement projectRESOLUTION NO. 1325 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING THE EXECUTION OF AN ADDENDUM TO THE LEASE FOR THE AIRPORT ECONOMIC 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 August 1, 1990, as amended and restated dated as of August 1, 1990, and as further amended by Addendum dated as of January 29, 1991, further amended by and Addendum dated February 5, 1993, further amended by an Addendum dated July 16, 1993, further amended by separate Addendum dated July 16, 1993, and as further amended by Addendum August 20, 1994, (the lease and the addendum 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 among other items. 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 as Exhibit "A ". 4. This resolution shall be in full force and effect after its adoption by the Commission. ADOPTED at a meeting of the South Bend Redevelopment Commission held on March 3, 1995 at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT COMMISSION 8V Philip J. faccenda, Pre e ATTES Robert W. Hunt, Secretary L Addendum to Lease South Bend Redevelopment Authority to South Bend Redevelopment Commission (Airport Economic Development Area Public Improvement Project) THIS FIFTH ADDENDUM, made and entered into this 7J sy- day of February, 1995, by and between the South Bend Redevelopment Authority, a body corporate and politic organized and existing under Indiana Code 36-7 -14.5 (hereinafter with its successors and assigns referred to as the "Authority "), and the South Bend Redevelopment Commission, the governing body of the South Bend Department of Redevelopment and the Redevelopment District of South Bend, Indiana (hereinafter called the "Lessee "). VA111�1 :6$1*11 to In consideration of the mutual covenants herein contained it is agreed that the Lease (Airport Economic Development Area Public Improvement Project) previously entered into between said parties as of the first day of August, 1990, as amended and restated on August 1, 1990, and as further amended by Addendum dated January 29, 1991, further amended by and Addendum dated February 5, 1993, further amended by an Addendum dated July 16, 1993, further amended by separate Addendum dated July 16, 1993, and as further amended by Addendum dated August 20, 1994, shall be further amended as follows: 1. Exhibit B to the Lease - Taxable Project Description - shall be and hereby amended by adding an additional item to the list of which the Taxable project consists, paragraph 1 _) which shall read as follows: ( ) The construction and improvements of F. Jay Nimtz Parkway, Phase III, including, but not limited to the following: new approach lanes; new lane of traffic, interchange improvements at Bendix Drive; drainage structures and facilities; lights and signals; signage and landscaping; all such infrastructure improvements to be made on existing public right -of- way described as follows: F. Jay Nimtz Parkway Phase III Description A part of the Southeast Quarter of Section 21, the Southwest Quarter of Section 22, the Northeast Quarter of Section 28 and the Northwest Quarter of Section 27, Township 38 North, Range 2 East, i German Township, St. Joseph County, Indiana, more particularly described as follows: Commencing at the Southwest corner of the Southeast Quarter of Section 21, thence easterly along the south line of Section 21 to the point of intersection with the east line extended of Parcel I as noted in Deed Record Number 7818352, recorded August 25, 1978, in the records of St. Joseph County, Indiana; thence northerly 20' to a point on the north right-of-way line of F. Jay Nimtz 0 0 Parkway, also being the true point of beginning of this description; thence easterly along the north right -of -way line of Nimtz Parkway to the point ofintersection with the southerly right -of -way line of the Indiana Toll Road; thence southeasterly along said right -of -way line to the point of intersection with the Southeast right -of -way line of Bendix Drive; thence Southwesterly approximately 512' to the East right -of -way line of Bendix Drive; thence South to the intersection with the South right -of- way line of Sugar Maple Court, thence West 80' to the West right -of -way line of Bendix Drive; thence North along said right -of -way line to the Southwest right -of -way line of Nimtz Parkway; thence Northwesterly approximately 197' to the South right -of -way line of Nimtz Parkway; thence West to the point of intersection of the East line extended of Parcel I in Deed Record 7818352, recorded August 25, 1978 in the records of St. Joseph County, Indiana; thence North to the true point of beginning of this description. 2. Exhibit C to the Lease - Tax - Exempt Project Description - shall be and hereby amended by adding an additional item to the list of which the Tax - Exempt project consists, paragraph (_ 1 which shall read as follows: The construction and improvements of F. Jay Nimtz Parkway, Phase III, including, but not limited to the following: new approach lanes; new lane of traffic; interchange improvements at Bendix Drive; drainage structures and facilities; lights and signals; signage and landscaping; all such infrastructure improvements to be made on existing public right -cf- way described as follows: F. Jay Nimtz Parkway Phase III Description A part of the Southeast Quarter of Section 21, the Southwest Quarter of Section 22, the Northeast Quarter of Section 28 and the Northwest Quarter of Section 27, Township 38 North, Range 2 East, German Township, St. Joseph County, Indiana, more particularly described as follows: Commencing at the Southwest corner of the Southeast Quarter of Section 21, thence easterly along the south line of Section 21 to the point of intersection with the east line extended of Parcel I as noted in Deed Record Number 7818352, recorded August 25, 1978, in the records of St. Joseph County, Indiana; thence northerly 20' to a point on the north right -of -way line of F. Jay Nimtz Parkway, also being the true point of beginning of this description; thence easterly along the north right -of -way line of Nimtz Parkway to the point of intersection with the southerly right -of -way line of the Indiana Toll Road; thence southeasterly along said right -of -way line to the point of intersection with the Southeast right -of -way line of Bendix Drive; thence Southwesterly approximately 512' to the East right -of -way line of Bendix Drive; thence South to the intersection with the South right -of -way line of Sugar Maple Court, thence West 80' to the West right -of -way line of Bendix Drive; thence North along said right -of -way line to the Southwest right -of -way line of Nimtz Parkway; thence Northwesterly approximately 197' to the South right -of -way line of Nimtz Parkway; thence West to the point of intersection of the East line extended of Parcel I in Deed Record 7818352, recorded August 25, 1978 in the records of St. Joseph County, Indiana; thence North to the true point of beginning of this description. 0 0 State of Indiana J 1 SS.• St. Joseph County 1 Before me, the undersigned, a Notary Public in and for said County and State, personally appeared Joseph Wroblewski and Mary 0. ferric, personally known by me to be the President and Secretary, respectively, of the South Bend Redevelopment Authority, and acknowledged the execution of the foregoing fifth Addendum to Lease for and on behalf of said Authority. WITNESS my hand and Notarial Sea / this day of March, 1995. 1,0L Notery Public Commission Expires. State of Indiana I CSF,RYL K PHIPPS 7 NOTARY KJFUC STATE OF INDIANA St. Joseph County J ST. JOSEPH COUNTY a MY COMMISSION EXP. JAN. 7,1999 J Before me, the undersigned, a Notery Public in and for said County and State, personally appeared Phillip J. faccenda and Robert W. Hunt persona //y known by me to be the President and Secretary, respectively, of the South Bend Redevelopment Commission, and acknowledged the execution of the foregoing fifth Addendum to Lease for and on behalf of said Commission. W/TNESS my hand and Notarial Seal this -'— '�" day of March, 1995 Notary Public Commission Expires. CHrKyL k. NOTAWl PUCT-P INDIANA ST. J(}: c?; i CG CITY M I.S :t;�f F`,P . AN. 7,1999 0 0 3. The parties hereto acknowledge that all remaining terms, covenants, and conditions as set forth in the Lease between the parties hereto and executed as of the 1st day of August, 1990, shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this Fifth Addendum to Lease to be executed for and on their behalf on the day and year first written above. South Bend Redevelopment Authority By. VA4&VZ7-�- Jose rwro#blewski, President ATTES Mary (0. ferric, Se retary South Bend Redevelop ent Commission By.• Phi% J. feccenda, President ATTES Robert W. Hunt, Secretary