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HomeMy WebLinkAboutCC-12-04-17-03 Establishes KAR Auction AreaSponsor: Councilor Worrell RESOLUTION CC -12-04-17-03 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA APPROVING CERTAIN MATTERS IN CONNECTION WITH THE NORTH ILLINOIS STREET ECONOMIC DEVELOPMENT AREA Synopsis: Resolution approves establishment of KAR Allocation Area and supplement to the North Illinois Street Economic Development Plan. WHEREAS, the City of Carmel Redevelopment Commission (the "Redevelopment Commission"), as the governing body for the City of Carmel Redevelopment Department, pursuant to Indiana Code 36-7-14, as amended (the "Act), adopted a Resolution on October 18, 2017 (the "CRC Resolution"), which made certain amendments to the previously declared North Illinois Street Economic Development Area (the "Economic Development Area") and amended the Economic Development Plan (the "Plan") for the Economic Development Area (such Plan amendments, the "Plan Supplement"); and WHEREAS, the City of Carmel Plan Commission, on November 21, 2017, approved and adopted a resolution (the "Plan Commission Order") determining that the CRC Resolution and Plan Supplement conform to the plan of development for the City of Carmel, Indiana (the "City") and approving the CRC Resolution and the Plan Supplement; and L WHEREAS, pursuant to Section 16(b) of the Act, the Redevelopment Commission has submitted the CRC Resolution and the Plan Supplement to the Common Council of the City. NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, as follows: 1. Pursuant to Section 16(b) of the Act, the Common Council of the City determines that the CRC Resolution and the Plan Supplement, in all respects, conform to the plan of development for the City, and approves the CRC Resolution, the Plan Supplement, and the Plan Commission Order. 2. This Resolution shall be in full force and effect from and after its passage by the Council and approval by the Mayor as required by law. PASSED by the Common Council of the City of Carmel, this - I day of eA kc►� 2017, by a vote of 'I ayes and _9_ nays. Sue COUNCIL OF TH D. Rider, Vice President Laura Campbell ,�pglR ald E. Carter A E bhnstine Pauley, Jerk -Treasurer of the City of Carmel, Indiana resented by me to the Mayor of (C,C1k , 2017, at L(%(4 A.M. the C WA Approved by me, Mayor of the City of Carmel, Indiana, this day of NA % Y" 2017, at 1- 0,q P M. Taures Brainard, Mayor A t /Va4z� beistinoaule/, Clerk -Treasury Prepared by: Bruce D. Donaldson Barnes & Thornburg LLP 11 South Meridian Street Indianapolis, IN 46204 DMS AWILLIAMS 11135057v1 2