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6.I.(4) Extension Addendum Facade Matching Grant Program (WesternAve)
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6.I.(4) Extension Addendum Facade Matching Grant Program (WesternAve)
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i ~ ~~ <br />:~ ~ I;NS[ON .-ii3"x3ENDL'~I TO <br />AGKEEMENT FOR PROGRAIV[S AND SERVICES WITH <br />URBAN ENTERPRISE ASSOCIATION OF SOUTH BEND, INC. <br />(FACADE ?MATCHING GRANT PROGRAM) <br />(WESTERN AVENUE) <br />PHIS EXTENSION ADDENDUM (this "Addendum") is made and entered into this <br />day of 2008, by and betwee^ the CITY OF SOliTH BEND, <br />INDIANA. a municipal corporation organized and operating under the laws of the State of <br />Indiana, acting by and through the South Bend Redevelopment Commission, the governing body <br />of the City's Department of Redevelopment (collectively the `City') and URBAN <br />ENTERPRISE ASSOCIATION OF SOUTH BEND, INC. (the `'Organization"). <br />RECITALS <br />WHEREAS, the City and the Organization have entered into an agreement entitled <br />"Agreement For Programs And Services ~'Jith I?rban l;nterprise Association of South Bend, <br />Indiana, Inc. (Far~ade Matching Grant Program)(Western Avenue)" dated the 17`x' day of August, <br />2007, and amended by addendum (collectively the "Agreement") providing for the Facade <br />Matching Grant Program (the '`Program"); and <br />WHEREAS, the Agreement recognizes that the City's commercial corridors act as <br />gateways to the City and that improving the aesthetic appeal of the City's commercial corridors <br />will encourage not only additional investment in the City's commercial corridors but in their <br />surrounding neighborhoods and in the City more generally; and <br />WHEREAS, the Organization continues to have expertise and resources to provide for, <br />oversee and administer the Program; and <br />WHEREAS, the City is empowered under Indiana Code § 36-7-14-12.2(a)(26)(I3) to <br />enter into the Agreement and this Addendum; and <br />WHEREAS, pursuant to the Agreement, the Commission allocated for the Program, <br />under the terms of the Agreement, certain sums (the '`Contract Amount') as a portion of the <br />share allocated to the Corridor; and <br />WHEREAS, a portion of the Contract Amount was not spent during the term of the <br />Agreement and remains reserved for Program uses; and <br />WHEREAS, the parties desire to amend and extend the Agreement by this Addendum: <br />and <br />Wi~IEREAS, the Organization further represents that it has taken all corporate action <br />necessary to enter into this Addendum; and <br />WHEREAS, the City believes that the actions contemplated by this Addendum are in the <br />
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