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HomeMy WebLinkAboutD-720 Est.Redevelopment Dept.ORDINANCE NO.D-720 An Ordinance Amending An Ordinance to Establish a Department of Redevelopment Pursuant to IC 36-7-14 and Repealing all Ordinances inconsistent therewith. WHEREAS, the Indiana General Assembly has empowered cities to establish a Department of Redevelopment with all the powers set forth in IC 36-7-14 ("Act"); WHEREAS, the Act states that the clearance, replanning and redevelopment of blighted areas and economic development areas are public uses and purposes for which public money may be spent and private property may be acquired; WHEREAS, the Act declares that each unit shall, to the extent feasible under the Act and consistent with the needs'of the unit, afford a maximum opportunity for rehabilitation or redevelopment of areas by private enterprise; and WHEREAS, the Common Council, of the City of Carmel, Hamilton County, Indiana now deems it to be in the best interest of the City and its citizens to afford a maximum opportunity for rehabilitation or redevelopment of areas by private enterprise by establishing a Department of Redevelopmerit; NOW, THEREFORE, BE IT ORDAINED BY the Common Council, of the City of Carmel,Indiana, that: 1. The Common Council, of the City of Carmel, hereby establishes the Department of Redevelopment of the City. The Department will be controlled by a board of five members known as the Redevelopment Commission of the City of Carmel. 2. Pursuant to the Act all of the territory within the corporate boundaries of the City will be a taxing district to be known as the Redevelopment District of the City of Carmel, Indiana for the purpose of levying and collecting special benefit taxes for redevelopment purposes as provided in the Act. The Common Council of the City of Carmel, finds and determines that all of the taxable property within this special taxing district will be considered to be benefitted by the redevelopment projects carried out under the Act to the extent of the special taxes levied under the Act. 3. The Common Council shall appoint two members of the Commission and the Mayor shall appoint three members of the Commission. Each member appointed shall be at least eighteen years of age and a resident of the City of Carmel. 4. All other ordinances, resolutions or parts thereof in conflict with the provisions and the intent of this ordinance are hereby repealed. 5. This ordinance shall become effective from and after the date of its passage. ATTESTATION: /US/W.JONES, C k/Treasurer op$by t Common Council of the City of Carmel, Indiana this of ~ 1991.' COMMON COUNCIL OF THE CITY OF CAREEL, INDIANA By~ DOROTHY ~CO ~ Dated: S day of ~ ~ , 1991