HomeMy WebLinkAboutD-1721-04 WITHDRAWN/CREDSPONSOR: Councilor Carter
ORDINANCE NO. D-1721-04
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL
APPROVING APPLICATION FOR
COMMUNITY REVITALIZATION ENHANCEMENT
WHEREAS, Indiana Code 36-7-13 (the "Act") permits eaclc
through a local advisory commission on industria
enhancement district ("CRED"); and
Ihe State of Indiana,
, revitalization
WHEREAS, by Ordinance No.
(the "City") on August 16, 2004, the City became a ~'
WHEREAS, the Common Council of V
appoint an advisory commiss'
of a CRED within the City.
now
Council of the City of Carmel
,, to create a CRED; and
authorize the Mayor of the City to
to the commission for the designation
NOW, THEREFORE
as follows:
of the City of Carmel, Indiana,
Section 1. are
this reference.
Section 2. ~ S
requests the Mayor o1~ ity to
"Advisory Cc
the Common Council of the City hereby authorizes and
a local advisory commission on industrial development (the
Act, which apl
10.1 of the Act, the Common Council further authorizes and requests
the Advisory Commission requesting that an area within the City in the
Exhibit A hereto be designated as a CRED pursuant to Section 12.1 of the
Section 4. Section 4 of the Act, the Common Council hereby creates a special revolving
fund of the City to bj~nown as the "Industrial Development Fund," into which available and unappropriated
monies of the City/hay be transferred by the Common Council for use in accordance with the Act. However,
any monies auth/drized to be spent by the Advisory Commission in a CRED shall be subject to the approval of
a majority o~e members of the Common Council.
~. T_h}s Ordinance shall be in full force and effect from and after its passage, signing by the
MayoT such publication as is required by law.
Pa~J3ne of Two Pages
Prepared Douglas C. Haney, Carmel City Attorney
SPONSOR: Councilor Carter
PASSED by the Common Council of the City of Carmel, Indiana, this day of ,
2004, by a vote of ayes and nays.
Presiding Officer
Ronald E. Carter, President Pro Tempore
Fredrick J. Glaser
Joseph C. Griffiths
ATTEST:
COMMON COUNCIL FOR THE CITY OF CARMEL, INDIANA
Kevin Kirby
Brian Mayo
Mark Rattermaun
Richard L. Sharp
Diana L. Cordray, IAMC, Clerk-Treasurer
Presented by me to the Mayor of the City of Carmel, Indiana, at
day of ,2004.
o'clock __. m. on the
Diana L. Cordray, IAMC, Clerk-Treasurer
o'clock . m. this
Approved by me, Mayor of the City of Carmel, Indiana, at
,2004.
day of
James Brainard, Mayor
ATTEST:
Diana L. Cordray, IAMC, Clerk-Treasurer
Ordinance No. D- 1721-04
Page Two of Two Pages
Prepared Douglas C. Haney, Carmel City Attorney