HomeMy WebLinkAboutCRC-2014-17 Transfer of Parcel #16-09-25-04-05-006.000 2"d Street SW and
3rd Avenue SW
RESOLUTION NO.2014-17
A RESOLUTON OF THE CITY OF CARMEL
REDEVELOPMENT COMMISSION REGARDING
AN INTERGOVERNMENTAL TRANSFER OF REAL PROPERTY INTEREST
'WHEREAS,the City of Carmel; Indiana(the"City")is an Indiana municipal corporation; and
W EREAS, 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: 16.09-25-04-
05-006.000 further described on Exhibit A attached hereto and incorporated herein, and a .908
acre parcel which is excess right of way and which does not have a Tax Parcel Number (the
"Excess Right of Way") further described on Exhibit B attached hereto and incorporated herein,
generally located at 2"a Street SW and 3rd Avenue SW (collectively 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
WHEREAS, 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, T EREFORE, BE IT HEREBY RESOLVED by the City of Carmel
Redevelopment Commission that:
1. The foregoing Recitals are fully 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 for Tax Parcel Number 16-
09-25-04-05-006.000 and by quitclaim deed for the Ex cess Right of Way and the
City shall execute all other usual and customary conveyance documents; and
b. The purchase price of the Property shall be mutually agreed upon by the City and
CRC upon approval of the Common Council.
2nd Street SW and
3rd Avenue SW
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 date
mutually agreed upon by the City and the CRC.
A. 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, subject to the terms of paragraph 2.b.
Adopted this 011 day of Oc*obe' , 2014
CITY OF CARIVIEL
REDE E IIPMENT C;v,;MMISSION
.1 i 4ei_.�/ 4(2
' eside-� -
V C 1,
Vice President
N;fit Re e.S{.v1 t-
Secretary
II
62-5 1 ik i _
1
Mess 'er
A i
Me •er
2"d Street SW and
3`d Avenue SW
EXHIBIT "A"
PARCEL 1
16-09-25-04-05-006.000
Part of the East Half of the Southeast Quarter of Section 25, Township 18 North, Range 3 East in Hamilton
County,Indiana,more particularly described as follows;
Beginning 488.2 feet East and 73244 feet South of the Northwest comer of the East Half of the Southeast
Quarter of said.Section 25,Township 18 North,Range 3 East,said point being on the West tright-of way line of
the Monon Railroad,run South along said right-of-way line 536.70 feet to a large post (now an iron pipe);
thence West(making an interior angle of 88 degrees 28 minutes 30 seconds)along a fence line 163.00 feet to an
iron stake;thence north(making an interior angle of 91 degrees 31 minutes 30 seconds)parallel with said right-
of-way line 532.00 feet to an iron stake; thence East (making an interior angle of 90 degrees 07 minutes 30
seconds)parallel with the North line of said Quarter Section 163.0 feet(162.94 feet measured) to the place of
beginning. This said North line is the South line of an unnamed 40 foot street (now 2"d Street Southwest)
running East and west. Containing 2.0 acres,more or less.