HomeMy WebLinkAboutCC-04-07-97-02 Merchantts Square EDARESOntrnON NO. LC-- Oq - o 7-ff7 -- o
COMMON COUNCIL
THE CITY OF CARMEL, INDIANA
REGARDING THE ESTABLISHMENT
OF THE MERCHANTS SQUARE ECONOMIC DEVELOPMF~NT 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 as an economic development area under IC 36-7-14.m~dg,_
confirmed the Declamto, y Rcsohfion on April 21, 1997, ',~t~t cu,aducth~g a pat, lie h~ng;-
WHEREAS, IC 36-7-144 l(c) requires that the determination that a geographic area is
an economic development area be approved by the Common Council of the City of Carrnel; and
WHEREAS, the Common Council reviewed the Declaratory Resolution as confirmed,
the Commission' s Economic Development Plan approved by the Declaratory Resolution and the
written order of the Carreel-Clay Plan Commission regarding the Declaratory Resolution and
the Plan;
NOW, THEREFORE, BE IT RESOL~D 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 establish an economic development area in the Merchants Square
Economic Development Area as described in the Declaratory Resolution.
2. The establishment of an economic development area in the area known as the
Merchants Square Economic Development Area as described in the Declaratory Resolution and
in Exhibit A to the Declaratory Resolution is hereby approved.
®
Mayor.
This resolution shall be effective from and after passage and approval by the
479410.1
PASSED by th6 Common Council of the City of Cannel, Indiana, this
t~~ ,1997 by a vot6 of --~ ay6s and 0 nays.
day of
Kirby, President, Common Council
N. L. Rundie
. onald E. arter
B~ '~~
ATTEST:
Diana L. Cordray, Clerk-~asud'~ ~fi"~'
Presented by me to the Mayor of the City of Carreel, Indiana, this ~-~- day of .1997
at t,~ 0~ o'clock.
Dian~ra~y~
Approved by me, May or of the City of Carmel, Indiana, this ~L_~_day of ]~,/~ / , 1997.
~rainard, Mayor
ATT'3_~ST:
Diana L. Cordray, C1