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HomeMy WebLinkAboutCC-12-26-01-01 IWC PurchaseSponsor(s): Councilor Kirby RESOLUTION NO. CC-12-26-01-01 (Formerly Resolution No. CC-12-17-01-03) A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA REGARDING THE PURCHASE OF CERTAIN WATERWORKS WHEREAS, the Indianapolis Water Company currently supplies water to a portion of the residents of the City of Carmel ("City"); and WHEREAS, the Indianapolis Water Company is in the process of selling its assets to the City of Indianapolis; and WHEREAS, the City of Carmel currently owns and operates a water utility for the benefit of the citizens of the City of Carmel; and WHEREAS, the Common Council of the City of Carmel CCotmcil") believes that it may be in the best interest of the citizens of the City of Carmel to acquire the portion of the assets of the Indianapolis.Water Com. pany that are within the corporate boundaries of the C~ty of Carmel; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana that this Council supports the City's efforts to investigate and negotiate a potential acquisition of the assets of the Indianapolis Water Company which are within the corporate boundaries of the City of Carmel; and BE IT FURTHER RESOLVED that the Mayor, the Director of Utilities, and the Chairman of the Utilities and Transportation Committee of the Council are authorized to pursue such investigation and negotiation; and BE IT FURTHER RESOLVED that any acquisition of any waterworks assets or any funding for any such acquisition must first be approved by the Common Council of the City of Carmel before it is valid and final. PASSED by the Common Council of the City of Carmel, Indiana, this'.~ day of December 2001, by a vote of ~ ayes and C, nayes. o e ea ~ · OF THE CITY OF CARMEL TTEST: Diana L. cor~a;~c, C,~-Tre~lur; " Presented~totheMayoroftheCityofCarmel, Indiana this Z[-dayof December, 2001, at P.M. I. QCo/o/o~rdrayC, I a Deeem~2~:;.d bTV?ayor of ,he Ci,y of C~e,, ,ndiana, ,hid~of , at P.M. ~les Brain~d ATTEST: Diana L. Cordray, ~C, ~erk~a~urer t / Preparedby: Sue A. Beesley McHale, Cook & Welch, p.c. 1100 Chamber of Commerce Bldg. 320 N. Meridian Street Indianapolis, IN 46204 317/634-7588