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HomeMy WebLinkAbout5C1 Second Amendment to License Agreement (M&M Promotions)Redevelopment Commission Agenda Item DATE: 4/28/22 FROM: Joseph Molnar, DCI Property Manager SUBJECT: Temporary Use Agreement (400 W Sample St) Which TIF? (circle one) River West; River East; South Side; Douglas Road; West Washington PURPOSE OF REQUEST: Specifics: INTERNAL USE ONLY: Project Code: _______________________________________________; Total Amount new/change (inc/dec) in budget: _______________; Break down: Costs: Engineering Amt: ______________________; Other Prof Serv Amt_________________; Acquisition of Land/Bldg (circle one) Amt: ___________; Street Const Amt ________________; Building Imp Amt_________; Sewers Amt_________; Other (specify) Amt: ________________ ___________________________________________. Going to BPW for Contracting? Y/N Is this item ready to encumber now? ____ Existing PO#__________ Inc/Dec $_____________ _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION 1 SECOND AMENDMENT TO LICENSE AGREEMENT FOR USE This Second Amendment to License Agreement For Use (this “Second Amendment”) is dated April 28, 2022 (the “Effective Date”), by and between the South Bend Redevelopment Commission, governing body of the City of South Bend Department of Redevelopment (the “Commission”), and M & M Promotions, LLC (the “Company”) (each a “Party” and collectively the “Parties”). RECITALS A. The Commission and the Company entered into a License Agreement For Use dated January 18, 2021, as the same was amended by a First Amendment to the Agreement, dated August 12, 2021 (together, the “Agreement”), with regard to the Property; and B. The Company desired temporary access to portions of the Commission Property during a ticketed public event occurring on May 14, 2022 (the “Event”), C. The Parties now wish to amend the Agreement to change the date of the event and the location. NOW, THEREFORE, in consideration of the mutual promises and obligations in this Second Amendment and the Agreement, the adequacy of which consideration is hereby acknowledged, the Parties agree as follows: 1. Recital A of the Agreement shall be deleted in its entirety and replaced with the following: The Commission owns certain real property and improvements located within the River West Development Area of the City of South Bend, Indiana (the “City”), commonly known as 400 West Sample St., South Bend, IN 46601, as further described on Exhibit A (the “Commission Property”). 2. Recital B of the Agreement shall be deleted in its entirety and replaced with the following: The Licensee desires temporary access to portions of the Commission Property during a ticketed public event occurring on October 8, 2022 (the “Event”). 3. Section 2 of the Agreement shall be deleted in its entirety and replaced with the following: Term and Termination. The Licensee’s license to use the Property shall be effective at 12:00 a.m. on October 1, 2022 and shall terminate at 11:59 p.m. on October 15, 2022 (the “Term”). 4. Exhibit A Property Description shall be deleted in its entirety and replaced with the Exhibit A attached hereto. 2 5. Exhibit B Property Map shall be deleted in its entirety and replaced with the Exhibit B attached hereto. 6. Exhibit C Event Layout Map shall be deleted in its entirety. 7. Unless expressly modified by this Second Amendment, the terms and provisions of the Agreement remain in full force and effect. 8. Capitalized terms used in this Second Amendment will have the meanings set forth in the Agreement unless otherwise stated herein. 9. Approval of the date change and the location change of the Event is subject to approval by the Special Event on Public Property Committee. Signature Page Follows 3 IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment to License Agreement for Temporary Parking to be effective as of the Effective Date stated above. M&M PROMOTIONS, LLC. _________________________ Doug Michael, Partner _________________________ Steve Mihaljevic, Partner SOUTH BEND REDEVELOPMENT COMMISSION __________________________________ Marcia I. Jones, President ATTEST: ______________________________ Troy Warner, Secretary 4 EXHIBIT A Property Description Tax Key No. 018-8021-0849 State Parcel ID: 71-08-14-276-002.000-026 Legal Description: Lot 5 Ignitions Park Major Sub Sec 2 15/16 NP#4562 07-01-2014 Commonly Known As: 400 West Sample St., South Bend, IN 46601 Tax Key No. 018-8021-084906 State Parcel ID: 71-08-14-226-001.000-026 Legal Description: Lot 6 Ignitions Park Major Sub Sec 2 15/16 NP#4562 07-01-2014 Commonly Known As: 400 West Sample St., South Bend, IN 46601 5 EXHIBIT B Property Map