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HomeMy WebLinkAbout1995-11-15 Resolution 102RESOLUTION N0. 102 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY 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 Authority 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 AUTHORITY 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 Authority 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 South Bend Redevelopment Authority to the City of South Bend, for the use and benefit of its Department of Redevelopment is hereby approved and ratified. 5. This resolution shall be in full force and effect after its adoption by the Authority. ADO T D at.a eeting of the South Bend Redevelopment Authority held on ~ , 1995, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, IN 46601. SOUTH BEND REDEVELOPMENT AUTHORITY By . ~/T ~Z~~~ L~'L.c Jos h ob ewski, President ATT. T F,.~ , ~F ~ ~ Mary 0. F lic, Secretary