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HomeMy WebLinkAboutResolution 2019-13 (transfer of 130 1st Ave SW)130 First Avenue SW RESOLUTION NO.2019-13 A RESOLUTION OF THE CITY OF CARMEL REDEVELOPMENT COMMISION REGARDING TRANSFER OF REAL PROPERTY INTEREST WHERAS, the City of Carmel Redevelopment Commission (the "CRC") is a governmental entity created and authorized to administer certain redevelopment activities within the City of Carmel, Indiana (the "City"); and WHEREAS, the Common Council of the City of Carmel, Indiana (the "Council") is the fiscal body for the City; and WHEREAS, prior to the transfer by the City to the CRC of certain property known as Tax Parcel Number: 16-09-25-16-05-004.000, located at 130 First Avenue SW, and further described on Exhibit A attached hereto (the "Property"), the Council adopted Resolution CC 03- 02-15-03 (formerly CC-11-17-14-01) and the CRC adopted Resolution 2015-8 placing certain restrictions on transfer of the Property; and WHEREAS, pursuant to Resolution CC-06-03-19-1 the Council has now authorized and directed the CRC to transfer the Property to the Carmel Clay Municipal Building Corporation (the "Corporation') free and clear of the restrictions on transfer placed on the Property by Resolution CC 03-02-15-03 (formerly CC- 11-17-14-01). NOW, THEREFORE, BE IT HEREBY RESOLVED by the City of Carmel Redevelopment Commission that: The foregoing Recitals are fully incorporated herein by this reference. CRC Resolution 2015-8 is hereby repealed in its entirety. The President of the CRC is hereby authorized and directed to execute all documents necessary to transfer the Property to the Building Corporation free and clear of the restrictions on the Property under Resolution CC 03-02-15-03 (formerly CC- 11-17-14-01) and CRC Resolution 2015-8 and is hereby directed to warrant the same in the deed of transfer. 4. This President shall take all steps necessary to effect the transfer of the Property from the CRC to the Building Corporation as provided herein free of the foregoing restrictions. This Resolution shall take effect immediately upon its passage. Adopted this Z-day of 2019 130 First Avenue SW Kevin Rider, Commissioner 130 First Avenue SW EXHIBIT A Legal Description of Property (Tax Parcel No. 16-09-25-16-05-004.000) Begin 32 rods 7 feet 1 inch south and 24 rods 1 feet 6 inches west of the northeast corner of the southeast quarter of section 25 township 18 north range 3 east in Hamilton County, Indiana and run south 218 feet, thence west 165 feet, thence north 218 feet, thence east 165 feet to the place of beginning.