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HomeMy WebLinkAboutD-2513-20_Codifies the process of applying for economic development incentives from the City of Carmel SPONSOR(S): Councilor Finkam This Ordinance was prepared by Jon Oberlander, Carmel Assistant Corporation Counsel, on 7/14/20 at 9:48 PM. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:\Council 2020\7.20.20 CC Meeting\D-2513-20 Economic Revitalization Area Ordinance Amendment Clean.docx ORDINANCE NO. D-2513-20 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, AMENDING CHAPTER 4, ARTICLE 5, SECTION 4-98 OF THE CARMEL CITY CODE Synopsis: This ordinance codifies the process of applying for economic development incentives from the City of Carmel. WHEREAS, the Common Council of the City of Carmel (the “Council”) has a direct interest in promoting the economic development of the City of Carmel; and WHEREAS, when appropriate, the Council may desire to support the economic development of the City of Carmel through the offering of various incentives; and WHEREAS, in order to provide an objective and consistent basis for comparing the impact and merits of economic development projects in consideration of incentives offered in support of said projects, the City has created an economic impact analysis tool; and WHEREAS, it is in the best interest of the citizens of Carmel to standardize and improve the process of reviewing and granting economic incentives for development within the City. NOW, THEREFORE, BE IT ORDAINED, by the Common Council of the City of Carmel, Indiana, as follows: Section 1. The foregoing Recitals are fully incorporated herein by this reference. Section 2. Carmel City Code Section 4-98 should be and hereby is amended to read as follows: “§ 4-98 Economic Revitalization Areas. Prior to, or contemporaneously with, submitting a resolution to the Council requesting the designation of an Economic Revitalization Area pursuant to Indiana Code § 6-1.1-12.1, a petitioner seeking economic development incentives shall submit to the City Clerk all information necessary to perform an Economic Impact Analysis using the City’s Economic Impact Analysis Tool. The City Clerk will keep a copy of the City’s Economic Impact Analysis Tool, as it may be amended by the Common Council from time to time, on file and open to public inspection.” Section 3. All prior ordinances or parts thereof inconsistent with any provision of this Ordinance are hereby repealed, to the extent of such inconsistency only, as of the effective date of this Ordinance, such repeal to have prospective effect only. However, the repeal or amendment by this Ordinance of any other ordinance does not affect any rights or liabilities accrued, penalties incurred or proceedings begun prior to the effective date of this Ordinance. Those rights, liabilities and proceedings are continued and penalties shall be imposed and enforced under such repealed or amended ordinance as if this Ordinance had not been adopted. Ordinance D-2513-20 Page One of Two Pages DocuSign Envelope ID: AEBC1CF6-8B7F-44F8-BA0A-20488A6A809F SPONSOR(S): Councilor Finkam This Ordinance was prepared by Jon Oberlander, Carmel Assistant Corporation Counsel, on 7/14/20 at 9:48 PM. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:\Council 2020\7.20.20 CC Meeting\D-2513-20 Economic Revitalization Area Ordinance Amendment Clean.docx Section 4. If any portion of this Ordinance is for any reason declared to be invalid by a court of competent jurisdiction, such decision shall not affect the validity of the remaining portions of this Ordinance so long as enforcement of same can be given the same effect. Section 5. This Ordinance shall be in full force and effect from and after the date of its passage and signing by the Mayor. PASSED by the Common Council of the City of Carmel, Indiana, this ____ day of ________, 2020, by a vote of _____ ayes and _____ nays. COMMON COUNCIL FOR THE CITY OF CARMEL ___________________________________ Laura D. Campbell, President Sue Finkam, Vice-President ___________________________________ ____________________________________ H. Bruce Kimball Kevin D. Rider ___________________________________ ____________________________________ Anthony Green Jeff Worrell ___________________________________ ___________________________________ Timothy J. Hannon Miles Nelson ___________________________________ Adam Aasen ATTEST: __________________________________ Sue Wolfgang, Clerk Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of _________________________ 2020, at _______ __.M. ____________________________________ Sue Wolfgang, Clerk Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of ________________________ 2020, at _______ __.M. ____________________________________ James Brainard, Mayor ATTEST: ___________________________________ Sue Wolfgang, Clerk Ordinance D-2513-20 Page Two of Two Pages DocuSign Envelope ID: AEBC1CF6-8B7F-44F8-BA0A-20488A6A809F 9 0 JULY 9:00 P JULY 20th 9:00 P 20th 20th JULY