HomeMy WebLinkAboutCC-02-02-98-01 Merchants SquareRESOLUTION
A RESOLUTION OF THE
COMMON COUNCIL OF THE
CITY OF CARMEL, INDIANA
REGARDING THE ENLARGEMENT
OF THE MERCHANTS SQUARE ECONOMIC DEVELOPMENT AREA
WHEREAS, the Carmel Redevelopment Commission ("Commission") did on February 18,
1997, adopt a declaratory resolution ("Declaratory Resolution") establishing the Merchants Square
Economic Development Area ("Area") as an economic development area under IC 36-7-14 and an
allocation area within the Area ("Allocation Area") and confirmed the Declaratory Resolution on
April 21, 1997, after conducting a public heating;
WHEREAS, the Commission, on February 2, 1998, after a public hearing, did adopt a
resolution amending the Declaratory Resolution C Amendatory Resolution ") to enlarge the Area and
the Allocation Area to include the parcels listed on attached Exhibit A;
WHEREAS, IC 36-7-14-41 (c) requires that any enlargement of the boundaries of the Area
and the Allocation Area be approved by the Common Council of the City of Carmel, Indiana
("Common Council"); and
WHEREAS, the Common Council has reviewed the Declaratory Resolution as confirmed,
the Commission's Economic Development Plan ("Plan") approved by the Declaratory Resolution
and the written order of the Commission regarding the Declaratory Resolution and the Plan;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY
OF CARMEL, INDIANA THAT:
1. The Common Council hereby finds and determines that it will be in the best interests
of the City to enlarge the boundaries of the Area and the Allocation Area as described in the
Amendatory Resolution and Exhibit A.
2. The enlargement of the boundaries of the Area and the Allocation Area as described
in the Amendatory Resolution is hereby approved.
3. This resolution shall be effective from and after its passage, execution by the Mayor
and publication as required by law.
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PASSED AND ADOPTED by the Common Council of the City of Carmel, Indiana, this
~.d day of February, 1998, by a vote of ~" ayes and ~C) nays.
COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA
iding Officer
G Mll
~Billy ~alker
ATTEST:
Diana L. Cordray, Clerk-Le~t_rer
Presented by me to the Mayor of the City of Carmel, Indiana the 2'''~' day of
,7~,~c~,,,,~, 1998.
Diana L. Cordray, Clerk-~reasure~
Approved by me,
~ ~ 1998.
Mayor of the City of Carmel, Indiana this D'''~ day of
jf~B~r~inard, M~~or -Z~
ATTEST:
Diana L. Cordra;, Clerk-~urer
267635.1
-2-
EXHIBIT A
Description of Additional Real Estate
Current site of First Indiana Bank
Key # 16-10-31-00-00-015.000
PT SW S31 T18 R4 0.496 acres
,
Vacant outlot owned by Indiana Properties
Key # 16-10-31-00-00-016.011
S 31 T18 R4 1.484 acres
267635.1