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HomeMy WebLinkAboutCCM-08-20-84 MINUTES OF THE CITY COUNCIL MEETING AUGUST 20, 1984 The meeting of the Carmel City Council was called to order by Mayor Reiman at 7:00 P.M. on Aug. 20, 1984. Council members Fleming, Garretson, Johnson and McMullen were present. Also present were Attorney Lonzo and Clerk-Treasurer Representative Marilyn Martin. Mayor Reiman reported that Council member, Minnie Doane was taken to the hospital early Sunday morning. Flowers have been sent from the Council. Invocation was given by Mr. Johnson followed by the Pledge of Allegiance. At this point Council member Badger arrived. Old Business 1985 Civil Budgets - Mr. Garretson called for the question on Ordinance D-412 - General Fund Budget. Vote was taken on Ordinance D-412 passed unanimously. Mr. Garretson called for the question on Ordinance D-413 - MVH Fund Budget. Vote was taken and Ordinance D-413 passed unanimously. Mr. Garretson called for the question on Ordinance D-414 - Bond Redemption Fund Budget. Vote was taken and Ordinance D-414 passed unanimously. Resolution 8-20-84-1 - Mr. Garretson made a motion to introduce Resolution 8-20-84-1, EDC Inducement Resolution for Carmel Storage Center. Motion seconded by Mrs. McMullen. Mr. E. Davis Coots, Attorney, stated the EDC approved the inducement resolution and the report of the commission at their meeting last week. Copies were forwarded to Council members of the Resolution inducing the financing for Carmel Self Storage, an addition to the existing Self Storage located on W. Carmel Dr. This is Phase I and the units will be used mainly by businesses. Mr. Garretson called for the question on Resolution 8-20-84-1. Vote was taken on Resolution 8-20=84=1 which passed unanimously. Resolution 8-20-84-2 - Mr. Garretson made a motion to add Resolution 8-20-84-2 to the agenda. Motion seconded by Mrs. McMullen. Mr. Garretson made a motion to introduce Resolution 8-20- 84-2. Motion seconded by Mr. Johnson. Mayor Reiman introduced Bob Reynolds, Attorney with Barnes & Thornburg, who introduced his associate, Mike Lucas and Edward Hasen, Chief Financial Officer of Cool Creek Apts., an Indiana partnership. They are appearing to request the adoption of our intent to issue EDC Revenue Bonds, not to exceed 13 million, for a 290-unit multi-family housing complex on a 33.3 acre tract of land at 1001 N. Rangeline Rd. The Plan Commission has approved this location. Illustrations of the location were shown. Discussion ensued in which Mr. Reynolds explained the type of housing, size, financial arrangements, etc. of the development. Mr. Garretson requested sidewalks on Rangeline Road at the same time. Mr. Johnson called for the question on Resolution 8-20-84-2. Vote was taken on Resolution 8-2O-84-2 which passed unanimously. Memo to Council Re: PSI - Mayor Reiman stated the cost to the City would be 8¢ per capita based on the 1980 census, or $1,462. There being no further business to come before the meeting, the same was duly adjourned at 7:40 P.M. APPROVED: ATTEST