HomeMy WebLinkAboutNo. 0839 approving a proposed lease between the SBRA and the SBRC for the St. Joseph/Wayne parking facility, setting a public hearing on the proposed lease pursuant to IC 36-7-14-25.2 and authorizing publication of notice of the public hearingRESOLUTION NO. 839
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION APPROVING A PROPOSED LEASE BETWEEN THE
SOUTH BEND REDEVELOPMENT AUTHORITY AND THE SOUTH BEND
REDEVELOPMENT COMMISSION FOR THE ST. JOSEPH /WAYNE PARKING
FACILITY, SETTING A PUBLIC HEARING ON THE PROPOSED LEASE
PURSUANT TO I.C. 36 -7 -14 -25.2, AND AUTHORIZING
PUBLICATION OF NOTICE OF THE PUBLIC HEARING
WHEREAS, the South Bend Redevelopment Authority (the "Authority ")
on March 10, 1988, adopted a resolution indicating its intent to issue
its South Bend Redevelopment Authority revenue bonds for the purpose
of obtaining money to pay for the costs of constructing the St.
Joseph/ Wayne Parking Facility (the "Parking Facility ") ; and
WHEREAS, on April 14, 1988, the Authority adopted a resolution
approving a proposed Lease between the Authority and the South Bend
Redevelopment Commission (the "Commission ") for the lease of the
(, Parking Facility; and
WHEREAS, the Authority has filed the proposed Lease with the
Commission, a copy of which is attached hereto as Exhibit "A"; and
WHEREAS, the Commission desires to approve the proposed Lease and
publish notice of public hearing and conduct a public hearing on the
proposed Lease pursuant to I.C. 36 -7 -14 -25.2; and
WHEREAS, after the public hearing the Commission may adopt a
resolution pursuant to I.C. 36 -7 -14 -25.2 authorizing the execution of
the proposed Lease on behalf of the City of South Bend if it finds
that the service to be provided throughout the term of the proposed
Lease will serve the public purpose of the City of South Bend, is in
the best interests of its residents and the Lease rental P rovided for
is fair and reasonable.
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NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION AS FOLLOWS:
1. The Commission hereby approves the proposed Lease between the
ke Authority and the Commission to be dated as of June 1, 1988.
2. The Commission hereby schedules the public hearing on the
Lease to be held on April 29, 1988, at 10:00 o'clock a.m., Eastern
Standard Time, at the office of the Commission located at 1200 County -
City Building, 227 West Jefferson Boulevard, South Bend, Indiana.
3. The Commission hereby authorizes the publication of a notice
of public hearing on the Lease pursuant to I.C. 5 -3 -1.
4. This resolution shall be in full force and effect after
adoption by the Commission.
ADOPTED at a meeting of the South Bend Redevelopment Commission
held on April 15, 1988 at the office of the Commission located at 1200
County -City Building, 227 West Jefferson Boulevard, South Bend,
Indiana.
ATTEST:
r
Roman Piasecki, Secretary
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SOUTH BEND REDEVELOPMENT COMMISSION
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