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HomeMy WebLinkAboutD-646 Carmel Promotional FundORDINANCE D- ~ q ~ AN ORDINANCE ESTABLISHING THE COMMON COUNCIL OF THE CITY OF CARMEL PROMOTIONAL FUND WHEREAS, the Carmel Economic Development Commission has ceased to function, and the Ordinance empowering said Commission has been abolished; and WHEREAS, it is the belief of the Common Council that a continued need exists for the promotion of the City of Carmel, Indiana; and WHEREAS, it is in the best interests of the citizens of Carmel, Indiana that a fund be established, under the supervision and control of the Carmel City Council, for the promotion of the City of Carmel, Indiana. NOW, THEREFORE, BE IT ORDAINED that: 1. There is hereby established the Common Council of the City of Carmel Promotional Fund. 2. That all monies surrendered by the Carmel Economic Development Commission to the Clerk-Treasurer, shall be deposited in this fund. 3. That any person, corporation, or other legal entity, may, by written application to the Common Council, request monies from this fund for the promotion of the City of Carmel. Promotion of the City of Carmel shall include, but is not limited to, matters involving th~ ecoaom~ bonofit or-development of the City, improvement of the environment, and the protection of the health, safer nd welfare of the City and its citizens~kD~ALL~ shill be docketed by the Clerk-Treasurer for consideration by the Council at its next regularly scheduled meeting. The Clerk- Treasurer shall advise the applicant of the meeting date and time, in order that the applicant may appear and be heard by the Council as to the merits of the applicant's request. 5. At the hearing before the Council, the applicant may appear and supplement its application by verbal testimony, written exhibit, or such other information it deems will best illustrate its request. The Council may, request additional information regarding the applicant's application as it deems necessary. I 6. After the presentation of all evidence, the Council shall, after due discussion and deliberation, determine whether or not the applicant's petition should be approved or denied. In the event an application is approved, the Council shall establish, as part of its approval, the amount of money which should be granted to the applicant from the fund. All decisions of the Council are final. 7. That an emergency exists and this Ordinance shall be in full force and effect upon its passage. ALL OF WHICH IS ORDAINED by the Common Council for the City of Carmel, Indiana, this /~ day of &/o~jy , 1990. COMMON COUNCIL FOR THE CITY OF CARMEL, INDIANA ATTESTATION: · USAN JONES ATTESTATION: APPROVED: By ~~~COC~~ Mayor, Cxty of Carmel