HomeMy WebLinkAboutD-291 Acq./IWC Gray Rd. StationO INANCE NO.
An Ordinance concerning the acquisition
by the City of Carmel of certain wager-
works property from Indianapolis Water
Company and authorizing the execution
of agreements in connection therewith
and the making of payments therefor.
WHEREAS, the City of Carmel, Indiana, is owner of and
operates an unencumbered waterworks system furnishing the
public water supply to said City and its inhabitants; and,
WHEREAS, the Board'of Public Works and Safety ("Board")
and Common Council ("Council") of the City of Carmel have
determined that said waterworks is in need of certain exten-
sions, additions and improvements in order to provide an
adequate volume and quality of water at proper pressure to
the. inhabitants of ~he City and that said extensions, addi-
tions and improvements are required in order to protect
properly the health, well being and property of the City and
its inhabitants; and,
WHEREAS, the City has employed Howard Needles Ta~men &
Bergendoff, consulting engineers of Indianapolis, Indiana,
to determine the extensions, additions and improvements
required, and upon their advice and recommendations the
Board and Council have found that the needs of the City can
be met most economically and expeditiously by the purchase
by the City of certain water utility .facilities and property
owned by Indianapolis Water Company ("IWC") and located on
Gray Road north of East 106th Street ("Gray Station");
WHEREAS, IWC is agreeable to the sale of the Gray
Station to the
the Agreements
"Agreements");
and
City on the terms and conditions set forth in
attached hereto as Exhibits A and B (the
and
WHEREAS, the terms and conditions of said Agreements
have been approved by the City's consultants, including
special counsel to the City, and the City has, or will have
at the time of closing,~sufficient waterworks revenues set
aside in order to pay to IWC, in cash, the purchase price of
the Gray Station and the other expenses of IWC which the
City is required to pay as a cos~ of adding the Gray Station
to its waterworks system; now therefore,
BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY
OF CARMEL, INDIANA,
Section 1. That the City of Carmel being the owner of
and engaged in the operation of a waterworks system supplying
the City and its inhabitants with a public water supply now
provide for certain needed extensions, additions and im-
provements of such waterworks by the purchase from IWC of
the Gray Station pursuant to the Indiana Code of 1971, and
particularly Ind. Code 8-1-2-94 and 97 and Ind. Code 18-1-
21-1 in accordance with the terms and conditions set forth
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in the Agreements, which are hereby aporoved.
Section 2. The City shall proceed to enter into the
Agreements, and the Board is hermby authorized and empowered
to execute the same for and on behalf of the City. The
Board is further authorized and empowered to take such
additional actions as may be necessary or desirable to carry
out the terms and conditions of the Agreements and to con-
summate the purchase of the Gray Station.
Section 3. This ordinance shall be in full force and
effect from and after its passage.
Passed and adopted by the Common Council
Carmel, Indiana. on the /~ day of March,
of the City of
1981.
Presidin~Dfficer
ATTEST:
Clerk-Treasurer
the
Presented by me to the Mayor of the City of Carmel on
~ day of March, 1981, at ulie hour~0f /~f~
Clerk-Treasurer
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This ordinance approved and sigmed by me on the
day of March, 1981, at the hour of' /~
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