HomeMy WebLinkAboutCRC-2014-04 Trsf Property to CRC/7th NE-2nd NE 71h Street
RESOLUTION NO.2014-4
A RESOLUION OF THE CITY OF CARIVIEL
REDEVELOPMENT COMMISSION REGARDING
AN INTERGOVERNMENTAL TRANSFER OF REAL PROPERTY INTEREST
WHEREAS, the City of Carmel, Indiana (the "City") is an Indiana municipal
corporation; and
WHEREAS, the City of Carmel Redevelopment Commission (the "CRC") is a
governmental entity created and authorized to administer certain redevelopment activities within
the City; and
WHEREAS, the City owns certain property known as Tax Parcel Number: 16-10-30-05-
04-001.000, generally located at 7th Street NE and 2nd Avenue NE (further described on Exhibit
A attached hereto and incorporated herein) (the "Property"); and
WHEREAS, the City has determined that it is now in the best interests of the CRC and
the City to transfer the Property to the CRC under the terms and conditions set forth herein, as
authorized by Indiana Code 36-7-14-12.2 and other applicable law; and
W:i EREAS, the CRC has determined that it is now in the best interests of the CRC to
acquire the Property under the terms and conditions set forth herein, as authorized by Indiana
Code 36-7-14-12.2 and other applicable law; and
WHEREAS, Indiana Code Section 36-1-11-8 authorizes the transfer of property between
governmental entities upon terms and conditions agreed upon by the entities, as evidenced by the
adoption of a substantially identical resolution by each entity.
NOW, THEREFORE, BE IT RESOLVED by the City of Cannel Redevelopment
Commission that:
1. The foregoing Recitals are incorporated herein by this reference.
2. The City will transfer the Property to the CRC subject to the following provisions:
a. The transfer of the Property shall be by warranty deed and the City shall execute
all other usual and customary conveyance documents; and
b. The purchase price for the Property shall be mutually agreed upon by the City and
CRC.
3. The parties shall take all steps necessary to effect the transfer of the Property from the
City to the CRC as provided herein. Such transfer shall take place at a time and dated
mutually agreed upon by the City and the CRC.
7`h Street
Resolution No. 2014-4
Page 1 of 3
This resolution was prepared by Tammy K.Haney,Attorney,Keller Macaluso LLC.
7th Street
4. The Commission hereby designates Steve Engelking, Director of the Department of
Administration for the City of Carmel, Indiana, as its agent for purposes of completing
the transfer of the Property. Steve Engelking is hereby authorized to execute all
documents required in connection with the transfer of the Property pursuant to this
Resolution and to take all other lawful actions necessary to complete the transfer of the
Property as contemplated herein.
Adopted this 16-441 day of ri n.1 ,2014
CITY OF CARMEL,
REDEVELO MVMENT CO ISSION
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Member
7`h Street
Resolution No.2014-4
Page 2 of 3
This resolution was prepared by Tammy K.Haney,Attorney,Keller Macaluso LLC.
7th Street
EXHIBIT A
Legal ''h escription
Land situated in the County of Hamilton, State of Indiana, is described as follows:
Lot 61 in C. W. Weidler's Subdivision, an Addition to the City of Carmel, in
Hamilton County, Indiana, as per plat thereof recorded in Deed Record 113, page
37, in the Office of the Recorder of Hamilton County, Indiana.
7`h Street
Resolution No. 2014-4
Page 3 of 3
This resolution was prepared by Tammy K.Haney,Attorney,Keller Macaluso LLC.