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HomeMy WebLinkAbout14060055 Correspondence (2) RESOLUTION NO.BPW-05-07-14-01 A RESOLUTION REOUESTING THE FINANCING. CONSTRUCTION. AND DEDICATION OF CERTAIN INFRASTRUCTURE OR OTHER IMPACT ZONE IMPROVEMENTS IN LIEU OF AND AS A CREDIT AGAINST THE PAYMENT OF PARKS AND RECREATION IMPACT FEES ("PRIF") AND APPROVING A PRIF CREDIT AGREEMENT WHEREAS, Indiana Code 36-7-4-1335 permits the application of a credit against the payment of impact fees for persons who construct or provide certain infrastructure or other improvements of a type for which a unit imposes an impact fee in an impact zone; and, WHEREAS, City of Carmel Zoning Ordinance 29.07.05 permits the Ciry of Carmel Board of Public Works and Safety ("Board") to request chat any person otherwise required to pay PR� to instead finance, consUvct, and dedicate certain infraswcture or improvements in the Parks and Recreation Infrastructure Impact Zone ("Impact Zone'°) located in Clay Township, Indiana and over which the City of Carmel, Indiana ("City") exercises planning and zoningjurisdiction; and, WHEREAS, City of Cazmel Zoning Ordinance 29.07.05 also permits the Board to determine eh� amount of PRIF credit any person requested to finance, construct, and dedicate cenain infraswcture or improvements in the Unpact Zone in lieu of PRIF payment shall receive, and to memorialize this determination in a credit agreement ("Credit Agreement"); and, WHEREAS, the Board now desires to request that The Seasons of Cazmel, LLC, an Indiana limited liability company (`"1'he Seasons"), finance, conswct, and dedicate to the City, no later than two (2) years from [he date on which this Resolution is approved by the Board (the "End Date"), those certain infrastructure or improvements set forth on attached Exhibit A , the same being incorporated herein by thls reference, in exchange for a PRIF credit the Board has determined should be in the amount of exactly Four Hundred Seventeen Thousand Nine Hundred Seventy One Dollars and Sixty Cents ($417,971.60); and, WHEREAS, The Seasons shall execute and return to the Board, by and through the Carmel City Attorney, the Credit Agreement set forth on attached Exhibit B, the same being incorporated herein by this reference, prior to the issuance of the improvement location fee for that certain improvement identified on attached Exhibit C, the same being incorporated herein by this reference; and, WHEREAS, PRiF in the amount of$417,971.60 is due and owing by The Seasons to the City by virtue of that certain improvement identified on attached Exhibit C (the `"fargeted PRIF"); and, WHEREAS, The Season's obligation to pay the Targeted PRIF to the Ciry shall be held in abeyance until the enrlier of the acceptance by the Board, in its sole discretion, of the infrastructure or improvements set forth on attached Exhibit A ("Board Acceptance") or the End Date. Upon Board Acceptance, the City shall prompdy enter the ccedit identified herein against The Season's Targeted PRIF obligations. If Board Acceptance does not occur by the End Date, no credit shall be entered against the °Targeted PRIF and the same shall thereafter become immediately due and owing to the City. BPW Resolution No. OS-07-14-01 Page One of Two Pages I {X�aa�M14an1�plYw�Jw.�M�NY�YIW1s�Y[vevl.V�n.wMYC�'ll�'TIUY��Yyt�ueM.�YVr��Hov�ia-V WIlI NOW, THEREFORE, BE IT RESOLVED by the Board of Public Works and Safety of the City of Carmel, Indaana, as follows: 1.The foregoing Recitals are incotporated herein by this reference. 2. The Boazd hereby requests that The Seasons of Carmel finance, conswct, and dedicate to the City those certain infraswcture or improvements set forth on attached Exhibit A, in exchange for a PRIF' credit of exacdy$417,971.60, pursuant to the terms and conditions set forth hereinabove. 3. The Board hereby approves the Credit Agreemenr in rhr form as set forth in attached Exhibit B. 4. That Michael Hollibaugh, on behalf of the City and the Board, is hereby authorized and directed to take such actions as are lawful, necessary, and proper to effectuate the transaction approved by chis Resolution. SO RESOLVED. Approved and adopted this day of , 2014. CARMEL BOARD OF PUBLIC WORKS AND SAFETY By: James Brainard, Presiding Officer d�ate: Mary Ann Burke, Member Date: Lori S. Watson, Member Date: ATT'EST: Diana L. Cordray, IAMC, Clerk-Treasurer Date: BPW Resolution No. OS-07-14-01 Page Two of Two Pages IA+uuMMU�q�11�n bo.�MnWnY Imtlo�.Ya�muVr.miqaalV II`�nlis YudTmmu.�h�um��i av�mlM1�-V Wlll ttx�-,�i,... , ��: � �� � �� The Seasons of Carmel � � ° '�S ;� •� ; � a y ..� _ r� ��� � Offsite Trails & Lighting � ,.,r�+�� � � � � LOCUS MAP � �. il � n - � �� � • � :_;,rz � ���� �� « " �` � �� � �:, .. ,.• � � ,, < , � � � � �� i �` � � :2 g .'r��. `�� �� �� .�,y�'#. a +f�3 yt�� �.. a � "s, � ' .�`�' 7.e� � r " ,Ma i ` '�j ` -��i �"�� �� F �a..� y.��'� . � w� �����:r � �' :� ��' i a ' �r� . � �� � �� �8 � � �-��+��� ���� �a�Y �T��7 . . �ry � .� � ,� �� � n* I�� '��l � � � '� ,g� , 1F" ,/���t• m �.'h.. � 3�8zg � ��.� � �'�[ �^�: ..��^.7 ��� � S<; .p y{�y, �a�si@O�l1B � S� �' {� � f '� ,�_- � ����'~v rt=� �.. � � � Y1 ^Di . .� � . � � ���..�� � ��� � � � � t+�° '"1 ,� ;� '�S. � � , f } ,� . . xm �}. a a. +.. 3 � �� +'� �a�.� '°�'°y�,. k, '` � ` �" ,ti,� "�° , � " � ,.. ����'� � �� '�� ��4 "� �. a� � 'b� � � �� e a �� §��4 �A � � �,�.��, �.�' ,�r����� � L ��� y_�'� 't w, { : e� � '� & � L.�'�� tl� '��`� J -» t�$`" .4<'' �� ' � �� � � .. „�99J�Stees£ �x�- -.�.riN-,' , . 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" � � � `*�i f<Y ,x " . v�^ �t . -�WUatfleM9lvd. �� �a - rx/.r9���.,r�. �� � �� ✓- �q t �- � �. .. ,� . � � •� � _-,�•• ` . q+� a � b=, . � w� � �. n S�� R3-! �.- . , � . ..� .. 961h B:FB65 PRIF CREDIT AGREEMENT COMES NOW The Seasons of Carmel, LLC, an Indiana limited liability company (`"I'he Seasons"), by its undersigned duly authorized agent, and states as follows: The Seasons hereby agrees ro finance, design, construct, and dedicate to the City of Carn�el, Indiana, by and through its Board of Public Works and �^F^�v. rhose certain infrastructure items or public improvements set forth in attached Exhibit A, the same being incorporated herein by this reference, in exchange for a Pazks and Recreation [mpact �'ee ("PRIF") credit not to exceed $417,971.90, as defined in Exhibit A. The Seasons shall deposit the entire credited amount of PRIF into a non-interest beanng escrow fund in a financial institution selected by The Seasons and agreed upon by the City. The deposited PRIF will be drawn upon to construct the agreed upon public improvements in Exhibit A. After the improvements are completed and have been accepted by the Carmel Boazd of Public Works and Safety, any remaining unused PR[F shall be submitted to the City of Carmel, for use by the Carmel Department of Pazks and Recreation, pursuant to the requirements of the Ciry. SO AGREED this day of , 2014. The Seasons �y: Authorized Signature Printed Name °fitle Exhibi[ B lofl �.Fw.�,....,�.-,�..� ..o.�...�,..,�,.,..,�.�..,.......��.M�,..�..�..�.�...,...,.�..,..-��,.� i, I I I I � . , . _ � _ � ! rr ,� ':�w.: ��.¢�4;"'�4�'si�:.:i�� i � �.:vr`r �`�` .:�.�. �r . .. '���11 � "'" �•rp��(-`, .: +Gr �d,��1y,��. � • � ♦ .,�ii �� (P '` I�l` �n ii�� �� e � �K � �1 ' �?`y .R. �.r�f �� � • �'J� f = F ir (.R ■ '•+I�� � .� .(� � � ..II �T +' �`4i� _ �j.. ,� �:��' ff ; .:,ri..:, 1 ` O .k,,R � �-�7 . � . � .�`� � rr` �': �rt•�.. :.�.. ir [ � y � � � � �• �� .�' .• �x � � y� .R, �. �1, �..`t��. 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CITY OF CARMEL JAMES BRAIAAHi), MAYOR LETTER of GRANT April 29,2014 Nick Churchill Pittman Partners, Inc. 12400 N.Meridian Street Suite 190 Carmel,IN 46032 Re: The Seuons— 13120003 V and 14020001 V Dear Mr.ChurchilL At the meeting held Monday,April 28,2014,the Carmel Advisory Board of Zoning Appeals Hearing Officer took the following action regarding the Development Standard Variances(V)filed by you for the proper[y located at 9801 Westfield Boulevard. APPROVED:Docket No. 13120003 V: Developmen[Standard Variance foc minimum setback from the street right-of- way(5 feet requested;request to ptace sign within the right-of-way). APPROVED:Docket No.14020001 V: Development Standazd Vaziance for perimet8r of pazking lots and islands (curbing required,no curbing requested along azeas noted in e�ibi[in packet)with the Condition the vegetated swales be installed and designed as a stormwater BMP. � Please be advised that per Section 30.05.05: Time Lemit of the Zoning Ordinance,the aforementioned Development Standard Variance approvals are valid for three(3)years.By that time,:either continuous construction of the improvements must be underway,or a written request for a one-time,six-month extensio�of the approval must have been received and approval granted by this Depamnent.The expiration date of the approvals is April 28,2017. Please include a copy of this letter with any permit application. + ' If I can be of any further assistance,please do not hesi[ate[o contact me a[317-571-2417. � Sincerely, . . � �� -�� Alexia Donahue-Wold Planning&Zoning Administrator Department of Community Services cc: Jim Blanchard,Building Commissioner . Nick Mishler,Building Permits DEPARTMENTOF COMMUNITY SERVICES ONE QVIC SQUARE, CARMEL,IN 46032 PHONE 317.571 2417, FPJC 317.571 2426 I� MICHAEL P. HOLLIBAUGH, DIRECTOR ' BLDG# PERMIT ADDRE55 #UNITS CONST. COST SQ. FT. FEES 1 14060055 9815 SEASONS WEST DR 104 $9,970,064 207,484 $41,118.50 2 14060056 2190 SEASONS NORTH DR 32 $3,067,712 51,461 $13,470.50 3 14060057 2183 SEASONS SOGTH DR 32 $3,067,712 51,461 $13,470.50 4 14060058 2198 SEASONS SOUTH DR 8 $766,928 12,573 $4,254.50 5 14060059 2214 SEASONS SOUTH DR 8 $766,928 14,014 $4,254.50 6 14060060 2230.SEASONS SOUTH DR 8 $766,928 14,014 $4,254.50 7 14060061 2246 SEASONS SOUTH DR 8 $766,928 12,573 $4,254.50 8 14060062 9786 SEASONS EAST DR 8 $766,928 14,014 $4,254.50 9 14060063 9802 SEASONS EAST DR 8 $766,928 14,014 $4,254.50 10 14060064 9818 SEASONS EAST DR 8 $766,928 14,014 $4,254.50 11 14060065 9825 SEASONS�tlfaT DR>iS°'�' 8 $766,928 12,573 $4,254.50 12 14060066 9826 SEASONSddES� DR- P�02Y�� 8 $766,928 14,014 $4,254.50 13 14060067 9827 SEASONS 1f�EST DR . I��T� 8 $766,928 14,014 $4,254.50 14 14060068 9828 SEASONS W�€ST DR - ���" 8 $766,928 12,573 $4,254.50 POOL 9815 N. WESTFIELD BLVD TOTALS: 256 $24,541,696 458,79 $114,859.00