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, 6 ( v) CONTRACT (PROJECT LEAD THE WAY) THIS CONTRACT (the "Agreement") is entered into as of the day of October, 2014 (the"Effective Date"), by and between the South Bend Community School Corporation, an Indiana public school corporation duly organized and validly existing under the constitution and laws of the State of Indiana (the "School Corporation"), and the South Bend Redevelopment Commission (the "Commission"), governing body of the South Bend Department of Redevelopment (the School Corporation and the Commission being sometimes collectively referred to herein as the "Parties"). RECITALS WHEREAS, the Commission exists and operates under the provisions of Indiana Code 36-7-14 (the"Act"); and WHEREAS, the School Corporation operates a public school system in St. Joseph County, Indiana; and WHEREAS, Project Lead the Way ("PLTW"), a national not-for-profit corporation headquartered in Indianapolis, Indiana, is the nation's leading provider of science, technology, engineering and math ("STEM") programs and high-quality teacher professional development, providing such educational and developmental programs to more than 5,000 schools across the United States, including 345 schools in Indiana; and WHEREAS, in March, 2014, PLTW announced that a five (5) county region in northern Indiana, including St. Joseph County, had been selected to become a model region for PLTW, providing all K-12 schools, both public and private, in the five (5) county region with the opportunity to implement PLTW's rigorous, world-class STEM programs in engineering, biomedical science, and computer science (the"PLTW Initiative") ; and WHEREAS, the PLTW initiative in St. Joseph County will provide specialized training and support for teachers and provide new ways to engage students with access to more rigorous STEM programs to better prepare students for career opportunities in STEM-related employment; and WHEREAS, the School Corporation previously implemented a PLTW engineering program at Riley High School in 2005 which has provided students at Riley High School with focused, project-based standards and industry-driven courses and, during the 2013-2014 school, Kennedy Primary Academy served as a pilot site for a new PLTW program known as Launch; and WHEREAS, the PLTW Initiative has resulted in a partnership with PLTW that permits partnering school corporations with access to a matching grant program to assist with a portion of the funding necessary for teacher training and equipment to permit schools to provide the educational programming to the students; and US.54807965.03