HomeMy Public PortalAbout201-2018 - I&D - EDC - Extend Lease - Midwest Industrial ParkwaySECOND
AGREEMENT TO EXTEND LEASE
This Agreement to Extend Lease is made and entered into by and between THE CITY
OF RICHMOND, INDIANA, acting by and through its Board of Public Works and Safety,
hereinafter referred to as Lessor, and the ECONOMIC DEVELOPMENT CORPORATION OF
WAYNE COUNTY, INDIANA, an Indiana nonprofit corporation, hereinafter referred to as
Lessee.
WITNESSETH:
WHEREAS, Lessor entered into a Lease Agreement with Lessee for real estate consisting
of 382.422 acres (the "Leased Property") on December 18, 1998, a copy of which is attached
hereto as Exhibit "A", which real estate is commonly known as Phase I of the Midwest Industrial
Park; and
WHEREAS, Lessor and Lessee executed an Addendum to the Lease Agreement, which
became effective on January 12, 2001, a copy of which is attached hereto as Exhibit `B", which
Addendum added an additional 166.739 acres to the Leased Property, which is commonly known
as Phase II of the Midwest Industrial Park; and
Contract No. 201-2018
WHEREAS, the term of the Lease Agreement with Addendum (collectively hereinafter,
the "Lease") was extended by an Agreement to Extend Lease, last executed on February 24,
2011, a copy of which is attached hereto as Exhibit "C"; and
WHEREAS, Lessor and Lessee now desire to enter into a second agreement to extend the
Lease from January 1, 2019 to and including December 31, 2028,
NOW, THEREFORE, the parties mutually agree as follows:
1. The Lease as previously renewed and extended is hereby further renewed and
extended to and including December 31, 2028.
2. The Property which is the subject of this Agreement shall be that real estate
described in the original Lease (Phase I of the Midwest Industrial Park) and the
Addendum (Phase II of the Midwest Industrial Park), less any real estate
purchased from the Lessor by the Lessee from and after the date of December 18,
1998.
3. The parties hereto, and each of them, have taken all necessary action to authorize
the execution of this document by those persons indicated below.
IN WITNESS WHEREOF, the respective parties have caused this Agreement to be
executed on the dates shown below.
Date: — —
STATE OF INDIANA, Wayne County, SS:
ECONOMIC DEVELOPMENT CORPORATION
OF WAYNE COUNTY, INDIANA
By: lh&4
c
Valerie Shaffer, Presi
Before me the undersigned, a Notary Public for Wayne County, State of Indiana,
personally appeared VALERIE SHAFFER, President, and, being first duly sworn by me upon
her oath, says that the facts alleged in the foregoing instrument are true. Signed and sealed this
day of December, 2018.
FMiL` r'ALMER Printed:
Notary put Ic - Seal
stag w Indiana Notary Public of a e County, Indiana
My Commission Expires Aug 29, 2021
CITY OF RICHMOND, INDIANA through its
BOARD OF P)7LI WORKS AND SAFETY
Date: % �� �By: R4 U
/ , , President
STATE OF INDIANA, Wayne County, SS:
Before me the undersigned, a Notary Public for Wayne County, State of Indiana,
personally appeared A// C /4) ,Qo /3iN1a)r , President, and, being first duly sworn by me upon
her oath, says that the facts alleged in the foregoing instrument are true. Signed and sealed this
day of -De . -Ww ,(4/i-W y. :1 o/ 9
Printed: IV Ot// L/1 .T W f
Notary Public of Wayne County, Indiana
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;PAY PUe�� Monica J. Burns
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APPROVED BY MAYOR
Date: G` By:
avid M. S yor
STATE OF INDIANA, Wayne County, SS:
Before me the undersigned, a Notary Public for Wayne County, State of Indiana,
personally appeared DAVID M. SNOW, Mayor, and, being first duly sworn by me upon his
oath, says that the facts alleged in the foregoing instrument are true. Signed and sealed this
_ + day of fir, 2918.
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Printed: hIO (' RkS
Notary Public of Wayne County, Indiana
This instrument prepared by George M. Sowers, Attorney at Law.
I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social
Security number in this document, unless required by law. George M. Sowers