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HomeMy WebLinkAboutResolution CC-11-05-18-01 Approves Amendments to the Declaratory Resolution and Economic Development Plan for the Carmel Downtown Economic Development Area Sponsors: Councilor Worrell RESOLUTION CC-11-05-18-01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,APPROVING CERTAIN MATTERS IN CONNECTION WITH THE CARMEL DOWNTOWN ECONOMIC DEVELOPMENT AREA AND PLAN Synopsis: Resolution approves amendments to the declaratory resolution and economic development plan for the Carmel Downtown Economic Development Area in connection with the expansion of the Motor Court West Allocation Area and the Carmel Downtown Allocation Area No. 3. 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), has previously adopted and confirmed resolutions, as amended (collectively, the "Original Declaratory Resolution"), for the purpose of (a) establishing an economic development area known as the "Carmel Downtown Economic Development Area" (the "Economic Development Area"), pursuant to Sections 41 and 43 of the Act, (b) designating certain portions thereof as separate allocation areas pursuant to Section 39 of the Act, one of which is known as the "Motor Court West Allocation Area" (the "MCW Allocation Area"), another of which is known as the "Motor Court East Allocation Area" (the "MCE Allocation Area"), and another of which is known as the Carmel Downtown Allocation Area No. 3 (the "Area 3 Allocation Area"), and (c) approving an economic development plan for the Economic Development Area(the"Plan")pursuant to the Act; and WHEREAS, pursuant to the Act, the Redevelopment Commission adopted a declaratory resolution on October 15, 2018 (the "2018 Declaratory Resolution"), for the purpose of (a) adopting a supplement to the Plan as described in the 2018 Declaratory Resolution (the "2018 Plan Supplement"), (b) dissolving the MCE Allocation Area, (c) expanding the boundaries of the MCW Allocation Area as described in the 2018 Declaratory Resolution, and (c) expanding the boundaries of the Area 3 Allocation Area into the portion of the prior MCE Allocation Area that is not included in the MCW Expansion Allocation Area as described in the 2018 Declaratory Resolution; and WHEREAS, pursuant to the Act, the Cannel Plan Commission approved and adopted a resolution on October 16, 2018 (the "2018 Plan Commission Order") determining that the 2018 Declaratory Resolution and the 2018 Plan Supplement conform to the plan of development for the City of Cannel, Indiana(the "City"), and approving the 2018 Declaratory Resolution and the 2018 Plan Supplement. 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 (the "Council") hereby determines that the 2018 Declaratory Resolution and the 2018 Plan Supplement, in all respects, conform to the plan of development for the City, and approves in all respects, the 2018 Declaratory Resolution, the 2018 Plan Supplement and the 2018 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. P SSED by the Common Council of the City of Carmel, Indiana, this ? day of I 'Iroli 2018, by a vote of (a ayes and O nays. OMMON CO I T CITY OF CARMEL,INDIANA r K in D. Rider,r,JPr- ' Sue t i 1 4 Je Ifiti ell, Vice President Antho G n 1110P go afie,_e,t__ Laura Campbell Bruce Kimball n/, Ron d E. arter TT 'stine Pauley, Clerk-Treasur of the City of Cannel, Indiana Presented by me to the Mayor of the City of 'el, Indiana, is day of /U©gwl.W.- , 2018, atf:fsP.M. 'stine Pauley, Clerk-Treasure Approved b me, Mayor of the City of Cannel, Indiana, this 7day of /141/*hies , 2018,at /OS /l .M. /. . «. James C rainard, Mayor ATS r C 'stine Pauley Clerk-Treasur 1 DMS 13399348v1 2 Prepared by: Bruce D.Donaldson,Esq. Barnes&Thornburg LLP 11 South Meridian Street Indianapolis,IN 46204 DMS 13399348v1 3