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2. Assumption. The Board hereby assumes all rights, interests, and obligations of <br />the Commission under the terms and provisions of the Assigned Agreements, whether presently <br />existing or arising after the date of this Assignment. <br />3. Successors and Assigns. This Assignment shall be binding on and inure to the <br />benefit of the Commission and the Board and their respective successors -in -interest and <br />permitted assigns. <br />4. Consent. In accordance with the respective terms of the Assigned Agreements, no <br />third party's consent is required to carry out the assignment and assumption stated herein. <br />IN WITNESS WHEREOF, the Commission and the Board have executed this <br />Assignment And Assumption Of Garage -Related Agreements as of the Effective Date stated <br />above. <br />SOUTH BEND REDEVELOPMENT <br />nNB4ISSION <br />. a-16 <br />Marcia I. Jones, Preside <br />ATT ST: <br />D nald E. Inks, Secretary <br />4000.000001356552052,002 <br />CITY OF SOUTH BEND <br />BOARD OF PU/BLIC WORKS <br />/i <br />Gary Gilot, President <br />41- <br />Jar9ks Mueller, Member <br />David Relos, Member <br />ATTE�T: <br />CCC�th�yZ._. <br />Lm a Martin, Clerk <br />