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HomeMy WebLinkAboutBPW-03-19-14-04; Sale of Property 10407 and 10409 Pennsylvania RESOLUTION NO. BPW 03-19-14-04 A RESOLUTION OF THE BOARD OF PUBLIC WORKS AND SAFETY OF THE CITY OF CARMEL, INDIANA, REGARDING THE THIRD PARTY TRANSFER OF REAL PROPERTY WHEREAS, the City of Carmel, Indiana (hereinafter, the "City") acquired certain property commonly known as 10407 and 10409 Pennsylvania Street, Carmel, Indiana (the "Property") for the purpose of expanding Pennsylvania Street; and WHEREAS, only a portion of the Property is necessary for the right-of-way for the Pennsylvania Street expansion (the "Right-of-Way Area"); and WHEREAS, the Property excluding the Right-of-Way Area (the "Remainder Property") is not needed for any other public purpose; and WHEREAS, the legal description of the Remainder Property is set forth on Exhibit A attached hereto; and NOW, THEREFORE, BE IT RESOLVED, that the City of Carmel, Board of Public Works and Safety ("BPW") hereby makes the following findings: 1. The foregoing Recitals are incorporated herein by this reference. 2. Upon approval of the sale of the Remainder Property by the Common Council of the City of Carmel, Indiana, the Remainder Property shall be sold pursuant to I.C. 36-1-11-4. 3. The sale of the Remainder Property shall be conditioned upon any necessary approval and/or ratification of the sale by any other applicable municipal entity including the City of Carmel Redevelopment Authority and/or the City of Carmel Redevelopment Commission. 4. The purchase price for the Remainder Property shall not be less than One Hundred Thirty Eight Thousand Five Hundred and 00/100 Dollars ($138,500.00) adjusted by reasonable and customary closing costs and other expenses incurred by the City as result of such sale. 5. The BPW hereby designates Steve Engelking, Director of the Department of Administration for the City of Carmel, Indiana, as its agent for purposes of completing the disposition of the Remaining Property. Steve Engelking is hereby authorized to execute all documents required in connection with the disposition of the Remainder Property pursuant to this Resolution and to take all other lawful actions necessary to complete the acquisition, offering and disposition of the Remainder Property as contemplated herein. Resolution of The Board of Public Works and Safety PASSED by the Board of Public Works and Safety of the City of Carmel, Indiana, this 19th day of March, 2014, by a vote of ayes and nays. CITY OF CARMEL, INDIANA By and through its Board of! blic Works and Safety / By:,/ P2 /times Brainard, Presiding Officer D.te: �' Mary A Burke, Me ber Date: c7 /9 —1y Lori Watsonf erpber Date- het / ATTEST: 4111aLid folte elana L. Cordrayy4� IAM Clerk-Treasurer 'Date: 31 Y-/ STATE OF INDIANA SS: COUNTY OF HAMILTON ) Before me, a Notary Public in and for said County and State, personally appeared Mayor James Brainard, Mary Ann Burke, Lori Watson, by me known to be the Members of the City of Carmel Board of Public Works and Safety, and Diana L. Cordray, Clerk-Treasurer of the City of Carmel, who acknowledged the execution of the foregoing "Resolution" on behalf of the City of Carmel, Indiana. Witness my hand and Notarial Seal this 19th day of March, 2014. L, Notary Public Signature " Commission Expires: "j/ik//7 ` - /1) 7/_5 Notary Public - Printed County of Residence: //4/2I/.(.7224l ---- • Resolution of The Board of Public Works and Safety EXHIBIT A LEGAL DESCRIPTION Land situated in the County of Hamilton, State of Indiana, is described as follows: Lot Number 12 and 15 feet by parallel lines off the South side of Lot Number 11 and 10 feet by parallel lines off the North side of Lot Number 13 in Penn-View Heights, First Section, an Addition in Hamilton County, Indiana, as per plat thereof, recorded in Deed Record 139, pages 355-356 in the Office of the Recorder of Hamilton County, Indiana and the North Half of vacated 104th Street lying South of said Lot Number 13, recorded November 16, 1965 in Miscellaneous Record 87, page 100 in the Office of the Recorder of Hamilton County, Indiana, excepting Twenty- five (25) feet, taken by parallel lines off the entire west side of the described property.