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Home My WebLink AboutD-2555-20_Riverfront_Development_District_OrdinanceSPONSOR: Councillor Finkam This Ordinance was originally prepared by Jon A. Oberlander, Carmel Assistant Corporation Counsel, on 11/2/2020 at 2:19 p.m. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. ORDINANCE NO. _D-2555-20 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, ESTABLISHING FOUR MUNICIPAL RIVERFRONT DEVELOPMENT PROJECT AREAS WITHIN THE CITY OF CARMEL Synopsis: Pursuant to Indiana Code § 7.1-3-20-16.1, this ordinance establishes four Riverfront Development Project Areas within the City of Carmel. WHEREAS, Indiana Code § 7.1-3-20-16.1 (the "Act") authorizes the legislative body of a city or town within the State of Indiana to designate and establish the boundaries of a municipal riverfront development project within its territorial boundaries; and WHEREAS, the Act allows the Indiana Alcohol and Tobacco Commission to issue a three-way, two-way, or one-way permit to sell alcoholic beverages, for on premises consumption only, to an applicant who is the proprietor, as owner or lessee of a restaurant within a municipal riverfront development project funded in part with state and city money, without regard to any permit quotas as required by Indiana Code § 7.1-3-22 all in furtherance of economic development; and WHEREAS, the Carmel Common Council has determined that it is in the best interest of the City of Carmel (the “City”) to designate and establish the boundaries of four municipal riverfront development projects for the purposes of Indiana Code § 7.1-3-20-16(d), in order to encourage private investment within the municipal riverfront development projects and specifically to encourage investment by new restaurant proprietors; and WHEREAS, all four municipal riverfront development projects set forth in Exhibit A, attached hereto and incorporated herein by reference, are located within the territorial boundaries of the City, and are also located within and around an economic development area, a redevelopment project area, an urban renewal area, or a redevelopment area established under IC 36-7-14, IC 36-7-14.5, or IC 36-7- 15.1; and WHEREAS, as required by Indiana Code § 7.1¬3-20-16.1(b)(4), all four municipal riverfront development projects have been funded in part with both State and City funds, which are described in greater detail in Exhibit B, attached hereto and incorporated herein by this reference. NOW, THEREFORE, the Common Council ordains, and states as follows: Section 1. The foregoing Recitals are fully incorporated herein by this reference. Section 2. The areas identified as Municipal Riverfront Development Projects in Exhibit A, are hereby designated as Municipal Riverfront Development Projects pursuant to Indiana Code §§7.1-3-20- 16 and 16.1. Ordinance D-2555-20 Page One of Two DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 SPONSOR: Councillor Finkam This Ordinance was originally prepared by Jon A. Oberlander, Carmel Assistant Corporation Counsel, on 11/2/2020 at 2:19 p.m. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. Section 3. This Ordinance shall be in full force and effect from and after 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 ___________________________________ ___________________________________ Tim 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-2555-20 Page Two of Two DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 P P 0 December 8th 5:30 December 6:30 7th 8th December 9 SPONSOR: Councillor Finkam This Ordinance was originally prepared by Jon A. Oberlander, Carmel Assistant Corporation Counsel, on 11/2/2020 at 2:19 p.m. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. EXHIBIT B Legacy Riverfront Development Project Capital Investments 2016 - 2020 City of Carmel Investment River Road Reconstruction $3,310,616.58 Cherry Creek Boulevard Extension $1,691,104.11 Legacy Other Projects $63,719.21 Hamilton County Investment 146th Street Resurface between Community Drive and River Road $50,893.63 State Investment 146th Street Resurface between Community Drive and River Road $49,319.53 Total Investment $5,165,653.06 DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 SPONSOR: Councillor Finkam This Ordinance was originally prepared by Jon A. Oberlander, Carmel Assistant Corporation Counsel, on 11/2/2020 at 2:19 p.m. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. North Range Line Road Riverfront Development Project Capital Investments 2013 - 2020 City of Carmel Investment Circle Drive Drainage $983,000 Range Line Road Reconstruction $5,000,000 Smoky Row Multi-Use Path $2,100,000 Hamilton County Investment Lowe’s Way Ramp Extension and Connection to Range Line Road $3,400,000 State Investment US 31 Intestate Upgrade $30,000,000 Total Investment $36,983,000 DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 SPONSOR: Councillor Finkam This Ordinance was originally prepared by Jon A. Oberlander, Carmel Assistant Corporation Counsel, on 11/2/2020 at 2:19 p.m. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. South Range Line Road Riverfront Development Project Capital Investments 2016 - 2020 City of Carmel Investment 3rd Avenue & City Center Roundabout (Community Crossings) $983,000 Range Line Road Streetscape $13,400,000 Westfield Blvd Culvert Reconstruction $750,000 State Investment 3rd Avenue & City Center Roundabout (Community Crossings) $670,000 Total Investment $15,803,000 DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587 SPONSOR: Councillor Finkam This Ordinance was originally prepared by Jon A. Oberlander, Carmel Assistant Corporation Counsel, on 11/2/2020 at 2:19 p.m. It may have been subsequently revised. However, no subsequent revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. Crooked Creek Riverfront Development Project Capital Investments 2016 - 2020 City of Carmel Investment 96th Street Multi-use Path $5,200,000 State Investment Michigan Road Interchange Modifications $1,400,000 Michigan Road Maintenance $150,000 Total Investment $6,750,000 DocuSign Envelope ID: CE51DFB2-CD98-410A-88D8-16F83B7DB587