HomeMy WebLinkAboutCC-11-02-15-01 Exchange of Property (.526 acres near 106th St and Illinois St) Sponsor: Councilor Schleif
RESOLUTION C C-11-02-15-01
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
CARMEL,INDIANA, REGARDING EXCHANGE OF REAL
PROPERTY TO THIRD PARTY
WHEREAS, the Common Council of the City of Carmel,Indiana (the "Council") is
the fiscal body for the City of Carmel,Indiana(the "City");
WHEREAS, the Council has determined that a need exists for the City's acquisition
of that certain specific property consisting of approximately .526 acres near 106th Street and
Illinois Street located in the City of Cannel, County of Hamilton, State of Indiana, which
property is more fully described in Exhibit A, attached hereto and made a part hereof by this
reference (the "Illinois Street Property");
WHEREAS, the Council is interested in purchasing the Illinois Street Property as
part of a public improvement project known as the Illinois Street Extension (the "Project"),
and for all other lawful purposes;
WHEREAS, the City owns certain property located at the southwest comer of
106th Street and Illinois Street consisting of approximately three and eight tenths (3.8) acres
in Carmel, Indiana(the "Property");
WHEREAS, the City has now determined that only a portion of the Property is
necessary for right-of-way purposes (the "Right-of-Way Area") and that a portion of the
remainder of the Property being approximately 1.351 acres (the "Remainder Properly") is
not needed for any other public.purpose;
WHEREAS, the legal description of the Remainder Property is set forth on
Exhibit B attached hereto:
WHEREAS, the sale of the Remainder Property was approved by the City's
Board of Public Works & Safety (the "BPW") on October 7, 2015, as Resolution No. BPW
10-07-15-04, a copy of which is attached hereto as Exhibit C; and
WHEREAS, it is in the City's best interest to enter into an exchange pursuant to
which the City will exchange the Remainder Property for the Illinois Street Property and a
cash payment equal to the difference in the appraised values and other closing and related
costs for the Remainder Property, the Illinois Street Property and the Project.
Resolution CC-11-02-15-01
Prepared by Douglas C.Haney,City Attorney,City of Carmel,One Civic Square,Carmel,Indiana 46032
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE
CITY OF CARMEL,INDIANA, AS FOLLOWS:
1. The foregoing Recitals are incorporated herein as though fully set forth herein below.
2. That, pursuant to Indiana Code 36-1- 10.5-5, the Council hereby states that it is interested
in purchasing the Illinois Street Property described on attached Exhibit A, such Illinois
Street Property to be used as a part of the Project, and for all other lawful purposes.
3. The Council hereby approves the exchange of the Remainder Property and the Illinois
Street Property(the "Exchange")pursuant to I.C. 36-1-11-9.
4. The value of the Remainder Property shall not be less than $320,000.00 adjusted by
reasonable and customary closing costs, and other expenses incurred by the City as a result
of the Exchange.
5. The value of the Illinois Street Property shall not be more than $310,575.00 adjusted by
reasonable and customary closing costs and other expenses incurred by the City as result of
the Exchange.
6. The Exchange will be conditioned upon the granting of certain temporary construction
easements which are necessary for the Project.
7. The Common Council hereby directs the BPW to proceed with the Exchange pursuant to
the requirements of I.C. 36-1-10.5-5 and 36-1-11-9 and designates Steve Engelking,
Director of the Department of Administration for the City of Carmel, Indiana, as its agent
for purposes of completing the Exchange. Steve Engelking is hereby authorized to execute
all documents required in connection with the Exchange pursuant to this Resolution and to
take all other lawful actions necessary to complete the Exchange as contemplated herein.
8. That this Resolution shall take effect upon its passage by Council and such execution by
the Mayor as is required by law.
d
PASSED by the Common Council of the City of Cannel, Indiana, this�� day of
NW?m.Qrt. ,2015, by a vote of to ayes and O nays.
Resolution CC-11-02-15-01
Page Two of Three Pages
Prepared by Douglas C.Haney, City Attorney,City of Carmel, One Civic Square,Cannel,Indiana 46032
COMMON COUNCIL FOR THE CITY OF CARMEL
Presi g Officer Kevin D. Rider
(WAIIWN
Richard L. h , President Pro Tempore Carol Schleif
egW,-5 - �1 O l �.G S L:N 7—
Rona d Carter W. Eric Seidensticker
Ad
S trnkam i uci . yder
1
ATTEST: —
Diana L. Cordray, IAMC, Clerk-Treasur1
Presented by me to the Mayor of the City of Carmel, Indiana this of day of
NO , 2015, art 03 PM.
pcet •
Diana L. Cordray, IAMC, Clerk-T-ea:urer
nd
Approved by me, Mayor of the City of Carmel, Indiana, thisa day of
00&N?rti AA , 2015, at7:
J es Br.inard, v a}yol�
ATTEST:
Diana L. Corday, IAMC, Clerk-Treasurer/
Resolution CC-
Page Three of Three Pages
Prepared by Douglas C.Haney, City Attorney,City of Carmel, One Civic Square,Cannel,Indiana 46032
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EXHIBIT_C
RESOLUTION NO.BPW 10-07-15-04
A RESOLUTION OF THE BOARD OF PUBLIC WORKS AND SAFETY
OF THE CITY OF CARMEL,INDIANA„RE(ARI)NG THE
THIRD PARTY TRANSFER OF REAL PROPERTY
WHEREAS, the City of C trmel, Indiana(hereinafter, the"City") owns certain property
located at the southwest corner of 1066.1 Street And Illinois Street consisting of approximately
three and eight tenths(3.$)acres in Carmel, Indiana(the"Property");and
r. WHEREAS, the' City has noiv determined that only a portion of the Property is
necessary for right-of-way purposes. the `•Right..oi"Way Area") and that a portion of the
-remainder of the Property (the "ge minder Property.,) is not needed for any other public
purpose;and
- WHEREAS, the legal description of the Remainder Property is set forth on Exhibit
attached hereto;and
- . . NOW, THEREFORE, BE 1 SOLVED, that the City of Cannel, Board of Public
Works and Safety("BPW")hereby makes the following findings:
. . The foregoing Recitals are.incorporated herein by this reference.
` - . 1. Upon-approval•of he spit bf the'Remainder Property by the Common Council of the City
of Carmel, Indiana, the Remainder Properly shall be sold or exchanged pursuant to I.C.
36-t-I1-9.
The purchase price for the Remainder Property shall not be less than $320,000.00
adjusted by reasonable and customary closing costs and other expanses incurred by the
City as result of such sale.
a.3._The BPW -hereby designates ;Steve Engleking, Director of the Department of
Administration for the City of Carmel, Indiana, as its agent for purposes of completing
the•.disposition of thv_Remainder Property. Mr. Engleking is hereby authorized to
execute all documents required in connection with the disposition of the Rcrai»der
Property pursuant to this Resolution and to take all other lawful actions as are necessary
or appropriate to complete the acquisition, offering and disposition of the Remainder
Property as contemplated herein.
99
100
101
102
103
104
105
PASSED by the Board of Public Works and Safety of the City of Carmel, Indiana,this
TrI day of "._ _ - ,by a vote of ayes and nays.
CITY OF CARMEL, INDIANA
By and through its Board of Public Works
and Safety
By:
James Brainard, Presiding Officer
Date:
d . AL -
Mary An : FBur. e, Vii,er -
Date:
MIFF
Lori1Watsr, Me er
Date: 0
ATTES T:
•
•
taaia L.Cordray, IA Clerk-Treasurer
bate: _~,
STATE OF INDIANA ) .
)SS:
COUNTY OF HAMILTON )
±t_ B e f o r e me,,a N o t a r y Public ist and for said County and State,personally appeared Mi yor..
—J'cs- d,Mary Ann Burke, Lori Wtatso, b me troWn to be the Members of the City of
Cannel Board of Public Works and Safety, mat'` , " ' .`''-`f=11%, l Treasurer of the City of
Cannel}who acknowledged the execution of the foregoing"Resolution"on behalf of the City of
Carmel, Indiana.
Witness my hand and Notarial Seal this - day o 01 5.
Notary Public Signature
Commission Expires: __. Ili ak k .: -•
Notary Public-Printed
County of Residence:° .M,.tiI
106
107
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EXHIBIT A
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