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HomeMy WebLinkAboutCC-04-18-05-02 Carmel Theater/Intergovernmental TransferSPONSOR: Councilor Mark Rattermann RESOLUTION CC-04-18-05-02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL~ INDIANA~ REGARDING AN INTERGOVERNMENTAL TRANSFER OF REAL PROPERTY WHEREAS, the City of Carmel Redevelopment Commission (the "CRC") is a governmental entity created and authorized to administer certain redevelopment activities within the City of Carmel, Indiana (the "City"); and WHEREAS, the CRC owns in fee real property located at the southeast corner of Main Street and Rangeline Road in Cam~el, Indiana (the "CRC Property"); and WHEREAS, the City owns in fee a tract of real property of approximately 9,570 square feet, located within the City's corporate boundaries and generally along the southeast corner of Main Street and Rangeline Road. This real property is commonly known as 21 South Rangeline Road, and is more particularly described on Exhibit A, attached hereto and incorporated herein (the "City Property"); and WHEREAS, the CRC Property and the City Property are within a CRC redevelopment area (the "Redevelopment Area"); and WHEREAS, the CRC is engaged in the redevelopment of the Redevelopment Area; and WHEREAS, the City Property is included in the Redevelopment Area; and WHEREAS, to facilitate the redevelopment of the Redevelopment Area, the City is interested in conveying the City Property to the CRC; and WHEREAS, the CRC is interested in acquiring the City Property from the City; and WHEREAS, Indiana Code Section 36-1-1 I-8 authorizes the transfer of real property between governmental entities upon terms and conditions agreed upon by the entities, as evidenced by the adoption of a substantially identical resolution by each entity. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, lndiana that: Section 1. The foregoing Recitals are incorporated herein by this reference. Section 2. The City shall transfer all of its interest in the City Property to the CRC for the sum of Two Hundred Twenty-Five Thousand Dollars ($225,000.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, upon this Resolution being adopted by the Common Council and a substantially similar resolution being adopted by the CRC. Page One of Two Pages Prepared by: Doug as C. Haney, Carmel City Attorney SPONSOR: Councilor Mark Rattermann Section 3. The parties shall take all steps necessary to effect the transfer of the City Property from the City to the CRC on or before May 29, 2005. ~ SO. hRESOLVED by the Common Council of the City of Carmel, Indiana, this I ~day of ~. j,.~,-,,,C.~ 2005, by a vote of (..o ayes and t"') nays.  COMMON C0~ FOR THE CITY OF CAgM_LE~, I~ p,~ nTg 0 ff~cer .,~f j /?os,,~h~. Gri ffi th s .R/onald E.~ Mark Rattennann ATTEST: -"rS{a a L..Cordray, 1AMC, Cl[:rk-T're~is;urer Presented by me to the Mayor of the City of Carmel, Indiana, this/~qg'day of ~9.-~3-`~9 2005, at 7t ~-0 O'clock, '~' .M. f'~'~O~ -~O'u~, )~,oloc,c/x,/ ~ M'-D~an/a L. Cordray, IAMC, Clerk-Treas(drer Approved by me, Mayor of the City of Carmel, Indiana/this/89fCday of ~ 2005, at -~:q'O O'clock,~___.M. /_ //~) ' /'/~-- J~es ~rainar~, l~ayor ATTEST: t'-'lSi~'na L. Cordray, 1AMC, Clerk-Treasur~ Resolution CC-04-18-05-02 Page Two of Two Pages Prepared by Douglas C. Haney, Carmel City Attorney Exhibit A Land Description Lot 6 in the Town of Bethlehem (now Carmel) in Hamilton County, Indiana, as per plat thereof recorded in Deed Record E, page 5;12 in the Office of the Recorder of Hamilton County, Indiana, EXCEPT seven (7) feet by parallel lines off the entire North side of said lot, Prepared by: Douglas C. Haney Carmel City Attorney