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OS 56 <br />REGULAR MEETING NOVEMBER 20. 1995 <br />WHEREAS, pursuant to IC 36-1-10-7 (2), on November 27, 1995, the South Bend Common <br />Council will investigate and consider a resolution concerning the need to lease said office space <br />under the terms of the Lease; and <br />WHEREAS, Lessor has filed its proposed Lease for office space to be leased, with the Board <br />this day, pursuant to IC 36-1-10; and <br />WHEREAS, the Board deems it advisable and in the best interests of the citizens and the City <br />of South Bend to provide additional office space for the offices of the City of South Bend <br />Department of Economic Development by leasing said office space pursuant to the terms of said <br />Lease. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF <br />THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: <br />Section I. That subject to the approval of the Common Council of the City of South Bend, <br />the Board shall provide additional office space for the offices of the City of South Bend Department <br />of Economic Development by leasing approximately 1770 square feet situated on the 4th Floor of <br />the building known as the First Bank Building, 205 West Jefferson Boulevard, South Bend, St. <br />Joseph County, pursuant to a Lease Agreement (Lease) proposed to and filed with the Board this <br />day, which Lease is incorporated herein by reference and made a part of this Resolution as fully as <br />if set forth herein and the terms and conditions of which the Board hereby approves and accepts, <br />subject to all requirements of IC 36-1-10: Provided, however, that the total monthly rent shall not <br />exceed One Thousand Six Hundred Twenty -Two and 501100 Dollars ($1,622.50). <br />Section II. The Board hereby fixes Monday, December 4, 1995, at 9:30 a.m. at 1308 County <br />City Building, South Bend, Indiana, as the date, time, and place when the Board will: <br />(a) Hold a hearing pursuant to IC 36-1-10-13, where all persons are entitled to be heard as <br />to whether the execution of the proposed Lease is necessary and whether the rental is fair and <br />reasonable for the proposed structure; <br />(b) Modify, confirm, or rescind the proposed Lease; <br />© Take final action by determining the public utility and benefit of the proposed Lease and <br />by confirming, modifying, or rescinding this Resolution; and <br />(d) Take any and all other necessary and proper actions. <br />Section III. The Clerk of the Board is instructed to give notice of the adoption of this <br />resolution and hearing on the proposed Lease, by publication in the South Bend Tribune and <br />Tri-County News, newspapers of general circulation published in the City of South Bend, with such <br />notice as to be published one (1) time and to occur at least ten (10) days before the date of the <br />hearing. The cost of the publication of the notice described in this section shall be paid by the 1 st <br />Source Bank, as required by I.C. 36-1-10-13 (a). The notice must state the date, place, and hour of <br />the hearing and provide a summary of the principal terms of the Lease, the name of the proposed <br />Lessor, the location and character of the structure to be leased, the rent to paid, and the number of <br />years the Lease is to be in effect. <br />Adopted on the 20th day of November, 1995, by the Board of Public Works of the City of <br />South Bend, Indiana. <br />BOARD OF PUBLIC WORKS OF THE <br />CITY OF SOUTH BEND, INDIANA <br />s/John Leszczynski, President <br />s/James R. Caldwell, Member <br />s/Jenny Manier, Member <br />