HomeMy WebLinkAboutUtil Reimburse/Mohawk Crossing WATER MAIN EXTENSION REIMBURSEMENT AGREEMENT BETWEEN
TEE CITY OF CARMEL, INDIANA AND MOHAWK CROSSING LIMITED
This Agreement entered this Z~F~ day of /~/~-
between the City of Carmel, Indiana (hereinafter
Mohawk Crossing Limited, an Indiana partnership
"Mohawk" )
WHEREAS,
, 1984
"Carmel") and
(hereinafter
WINESSETH
Carmel duly adopted'and enacted ordinan'ce A-54
(January 5, 1982) that provides in part for the reimbursement by
Carmel of private funds expended for water main extensions as
determined by the Board of Public Works and Safety, and
WHEREAS, Mohawk desires to extend an off site water main
extension in Mohawk Crossing Limited Section 4, Carmel, Indiana
at an increased cost of $7,020.00.
NOW THEREFORE, the parties agree as follows:
1. This written Agreement entered prior to the commencement
of construction is executed by the parties pursuant to ordinance
A-54 (Section 4.03 of the Carmel City Code)(January 5, 1982).
2. Mohawk shall install and pay for the water main exten-
sion to Mohawk Cros'sing Limited Section 4 and advance the sum of
$7,020.0.0 to or on behalf of Carmel to pay for the construction
of .the water main extension.
3. Carmel determines such expenditure to be necessary to
provide adequate water to adjacent real estate and to meet the
requirements of Carmel.
4. Carmel and Mohawk agree that Mohawk shall be entitled to
reimbursement of the sum of $7,020.00 from the "water main exten-
sion fund" established pursuant to ordinance A-54.
5. Carmel's obligation shall b~ to repay funds from those
deposited in the "water main extension fund" and Carmel does not
incur any liability for repayment other than to pay from funds
deposited in the "water main extension fund~.
IN WITNESS WHEREOF, the parties have executed this Agreement
on the date first above written.
.cJa..e A. Reiman, Mayor
,ity of(~l
Bill~'Walker, Member
Board of Public Works
Fred Swift, Member~
Board If Public Works '
Pa tn
Geor¢ SWe~, Gener~/l~ r r
Moha~ CroWing nimit~
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