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HomeMy WebLinkAboutCC-11-20-17-02 Approves the Sale of Excess Real PropertySPONSOR: Councilor Finkam RESOLUTION NO. CC -11-20-17-02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, REGARDING TRANSFER OF REAL PROPERTY TO THIRD PARTY Synopsis: Resolution approves the sale of excess real property not needed for a public purpose and establishes a minimum sales price. WHEREAS, the City of Carmel, Indiana (hereinafter, the "City") acquired certain property commonly known as 3348 Foster Ridge Lane, Carmel, Indiana (the "Property") for the purpose of building a roundabout at Carey Road and Hawthorne Drive; and WHEREAS, only a portion of the Property is necessary for the right-of-way for the Carey Road / Hawthorne Drive roundabout (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 WHEREAS, the sale of the Remainder Property was approved by the City's Board of Public Works & Safety ("BPW") on December 6, 2017, as Resolution No. BPW 11-15-17-01. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Carmel, Indiana as follows: 1. The foregoing Recitals are incorporated herein by this reference. 2. The Common Council hereby approves the sale of the Remainder Property which shall be sold pursuant to I.C. 36-1-11-4. 3. The purchase price for the Remainder Property shall not be less than Three Hundred Forty -Two Thousand Five Hundred and 00/100 Dollars ($342,500.00) adjusted by reasonable and customary closing costs and other expenses incurred by the City as result of such sale. 4. The Common Council hereby approves the BPW designation of James R. Crider, 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. James R. Crider 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 3348 Foster Ridge Lane Page 1 of 4 This resolution was prepared by Tammy K Haney, Attorney, Keller Macaluso LLC. SPONSOR: Councilor Finkam necessary to complete the acquisition, offering and disposition of the Remainder Property as contemplated herein. 3348 Foster Ridge Lane Page 2 of 4 This resolution was prepared by Tammy K Haney, Attorney, Keller Macaluso LLC. SPONSOR: Councilor Finkam Resolve by the Common Council of the City of Carmel, Indiana, this �ay of �� , 2017, by a vote of _ayes and _ �� nays. Pre i Officer Su F' am, ou cil President onald E. Cr Anthony Green Presented by me to the Mayor of the City of 2017, at j,'.t4 � �M. CITY OF CARMEL Kevin D. Rider /' ( 13 A4-�-V / t 'A H. Bruce imball Je 06611 Laura Campbell this " day of S. Paulo, IAMC, Clerk -Treasurer Approved by me, Mayor of the City of Carmel, Indiana, this qday of a , 2017, atZ:e _M. Treasurer /am—'We—sB—rainar-d, Mayo 3348 Foster Ridge Lane Page 3 of 4 This resolution was prepared by Tammy K. Haney, Attorney, Keller Macaluso LLC. SPONSOR: Councilor Finkam EXHIBIT A LEGAL DESCRIPTION Land situated in the County of Hamilton, State of Indiana, is described as follows: Lot 31 in Foster Ridge, a Subdivision in Hamilton County, Indiana, as per Plat thereof recorded in Plat Book 14, Pages 105-107, in the Office of the Recorder of Hamilton County, Indiana, excepting therefrom: Beginning at a point on the south line of said Lot 31 South 89 degrees 23 minutes 43 seconds West 80.02 feet from the southeast corner of said lot; thence North 89 degrees 23 minutes 43 seconds West 40.72 feet along said south line; thence along said south line northwesterly 31.15 feet along an arc to the right having a radius of 20.00 feet and subtended by a long chord having a bearing of North 44 degrees 45 minutes 37 seconds West and a length of 28.09 feet to the west line of said lot; thence North 0 degrees 08 minutes 37 seconds West 33.84 feet along said west line; thence South 25 degrees 17 minutes 28 seconds East 48.44; thence South 75 degrees 21 minutes 33 seconds East 41.23 feet to the point of beginning and containing 770 square feet, more or less. 3348 Foster Ridge Lane Page 4 of 4 This resolution was prepared by Tammy K. Haney, Attorney, Keller Macaluso LLC.