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HomeMy WebLinkAboutCC-05-03-21-01/TIF Allocation Area in the Old Meridian Economic Area/Signature ProjectSponsors: Councilor Worrell RESOLUTION CC-05-03-21-01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA APPROVING CERTAIN MATTERS IN CONNECTION WITH THE OLD MERIDIAN ECONOMIC DEVELOPMENT AREA Synopsis: Resolution approves a resolution adopted by the City of Carmel Redevelopment Commission creating a new TIF allocation area in the Old Meridian Economic Development Area for The Signature project and approves related resolution of the City of Carmel Plan Commission. 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 Resolution No. 2021-3 on February 17, 2021 (the “CRC Resolution”), which made certain amendments to the declaratory resolution for the Old Meridian Economic Development Area; and WHEREAS, the City of Carmel Plan Commission, on March 16, 2021, approved and adopted a resolution (the “Plan Commission Order”) determining that the CRC Resolution conforms to the plan of development for the City of Carmel, Indiana (the “City”) and approving the CRC Resolution; and WHEREAS, pursuant to Section 16(b) of the Act, the Redevelopment Commission has submitted the CRC Resolution and the Plan Commission Order to the Common Council of the City (the “Council”). 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 Council determines that the CRC Resolution conforms to the plan of development for the City, and approves the CRC Resolution 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. DocuSign Envelope ID: E1175AAD-8005-4609-A94A-6F48DC538665 2 PASSED by the Common Council of the City of Carmel, this _____ day of _____________, 2021, by a vote of ______ ayes and _____ nays. COMMON COUNCIL FOR THE CITY OF CARMEL, INDIANA ___________________________________ Sue Finkam, President Kevin D. Rider, Vice-President ___________________________________ ____________________________________ Laura Campbell H. Bruce Kimball ___________________________________ ____________________________________ Jeff Worrell Anthony Green ___________________________________ ___________________________________ Adam Aasen Tim Hannon ___________________________________ Miles Neslon ATTEST: __________________________________ Sue Wolfgang, Clerk Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of _________________________ 2021, at _______ __.M. ____________________________________ Sue Wolfgang, Clerk Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of ________________________ 2021, at _______ __.M. ____________________________________ James Brainard, Mayor ATTEST: ___________________________________ Sue Wolfgang, Clerk Prepared by: Bruce D. Donaldson Barnes & Thornburg LLP 11 South Meridian Street Indianapolis, IN 46204 DMS 19687802.1 DocuSign Envelope ID: E1175AAD-8005-4609-A94A-6F48DC538665 8:30 6 Not Present 7th 0 7:00 8th Not Present P P 8th June Not Present June June