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HomeMy WebLinkAboutCC-05-03-04-01 TIF/Illinois Street EDA - $9,500,000Sponsor(s): Councilor President Carter and Councilor Sharp RESOLUTION NO. CC-05-03-04-01 (Formerly Resolution No. CC-04-19-04-01) A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, APPROVING A RESOLUTION OF THE CITY OF CARMEL PLAN COMMISSION RELATING TO THE AMENDMENT TO AND EXPANSION OF CERTAIN ECONOMIC DEVELOPMENT AREAS IN THE CITY, AND APPROVING THE EXPANDED BOUNDARIES THEREOF WHEREAS, the City of Carmel Plan Commission (the "Plan Commission"), is the body charged with the duty of developing a general plan of development for the City of Carmel, Indiana (the "City"); and WHEREAS, on February 10, 2004, the City of Carmel Redevelopment Commission (the "Redevelopment Commission"), as the governing body for the City of Carmel Redevelopment Department (the "Department"), pursuant to Indiana Code 36-7-14, as amended (the "Act"), adopted the following resolutions: (1) Resolution No. 4-2004 which amended and expanded the Integrated 126th Street Corridor Economic Development Area (the "126th Street EDA") and approved an Integrated Economic Development Plan & Amended Redevelopment Plan, including the 2004 Amendments thereto, dated February 10, 2004 (as so amended, the "Integrated Plan"); (2) Resolution No. 5-2004 which amended and expanded the Old Meridian Street Economic Development Area (the "Old Meridian Street EDA") and approved the Integrated Plan in connection therewith; (3) Resolution No. 6-2004 which amended and expanded the North Illinois Street Economic Development Area, re-designated such area as the Illinois Street Economic Development Area (the "Illinois Street EDA'') and approved the Integrated Plan in connection therewith; (4) Resolution No. 7-2004 which amended and expanded the Plum Creek/Hazel Dell Parkway Economic Development Area (the "Hazel Dell North EDA") and approved the Integrated Plan in connection therewith; and (5) Resolution No. 8-2004 which amended and expanded the 96th Street/Hazel Dell Parkway Economic Development Area (the "Hazel Dell South EDA'') and approved the Integrated Plan in connection therewith (Resolution Nos. 4-2004, 5-2004, 6-2004, 7-2004 and 8- 2004 are hereinafter collectively referred to as the "Redevelopment Commission Resolutions," and the 126th Street EDA, the Old Meridian Street EDA, the Illinois Street EDA, the Hazel Dell North EDA, and the Hazel Dell South EDA are hereinafter collectively referred to as the "Economic Development Areas"); and WHEREAS, the amendments referred to above expand each of the respective Economic Development Areas by more than twenty percent (20%); and WHEREAS, the Redevelopment Commission submitted the Redevelopment Commission Resolutions and the Integrated Plan to the Plan Commission for approval pursuant to the provisions of Section 16 of the Act; and WHEREAS, on April 20, 2004, the Plan Commission reviewed the Redevelopment Commission Resolutions and the Integrated Plan and determined that they conform to the plan of development for the City, and adopted a resolution approving the Redevelopment Commission Resolutions and the Integrated Plan (the "Plan Commission Order"); and WHEREAS, the Common Council of the City (the "Council") now desires to approve the Plan Commission Order pursuant to Section 16 of the Act and the determination that each of the Economic Development Areas, as expanded, is an "economic development area" under Section 41 of the Act; NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of Cannel, Indiana, as follows: 1. Pursuant to Section 16 of the Act, the Council hereby approves the Plan Commission Order and the determination therein that the Redevelopment Commission Resolutions and the Integrated Plan, in all respects, conform to the plan of development for the City, and approves in all respects, the Redevelopment Commission Resolutions and the Integrated Plan. 2. Pursuant to Section 41 of the Act, the Council hereby approves the determination that each of the Economic Development Areas, as expanded by the respective Redevelopment Commission Resolutions, is an "economic development area," and approves the enlargement of the boundaries of the respective Economic Development Areas as provided in the Redevelopment Commission Resolutions. 3. This Resolution shall be in full force and effect from and after its adoption by the Council. PASSED by the Common Council of the City of Carmel, this ,.~//CJ day of ~'~[ ~/J~ ,2004, by a vote of ~- ayes and / nays. COMMON COUNCIL FOR TItE CITY OF CARMEL (~Jf~lresi~x,Otfi~r '~""/~Z. Kevin~,y / /'. /'Ronald E.fi~'/7'~esident Pro Tempore ~ Dm t~ed~c~/,~~~.."~ Mark //fo~. Gfiffiths // Rich~d L. Sh~ ATTEST: Diana L. Cordray, IAMC, Clerk-T~rer Presented by me to the Mayor of the City of Carmel, Indiana this¢'TM day o~~ 200 at ~__.M. ~~, a~;~er ¢'(j Diana L. Cordray, IAMC, Clerf/~rre s by me, Mayor of the City of Carmel, Indiana, this ~ day of ,d~/ 2004, Approved at ? -- / ffmes Brainaf~lT/M~.~or - - -k ATTEST: Diana L. Cordray, IAMC, Cle~feasurer Prepared by: Bruce D. Donaldson Barnes & Thomburg I I South Meridian Street Indianapolis, 1N 46204 NDS01 BDD 662415vl 3