HomeMy WebLinkAboutAnnex 106th/Gray RoadAGREEHNNT
TNIS AGREEMENT entered mnLo by and between Board of
Commiss'ioners of Hamilton.County, hereinafter referred no as
Commissioners", and OPPORTUNITY OPTIONS. INC., hereinafter
referred to as "Company and CITY OE CARMEL. hereinafter referre
Eo as- 'City _ _
WHEREA~,; the,City, a City .loca.ked ~n Haml~ton~vosn~t,v. S%at~_.
',of'indiana. desires Eo annex 106th Street one-quarter (1/4) mile
We~t Df GPay Read and then east Eo Gray Road and annex'Gray Road
south of 106th Street one-quarter (1/4) mile a~ter the 2ounty and'
Company comply wft~ the' following resurface area. The one-
qearter (1/4] mile sec~lon'south of 1C6th Street ~6n Gray ~oad
will
non be completed until the calenda~ year of 1982.
WHEREAS. the Company will. pronerly prepare and d~=~ ~ll
ditches according t~ 2ountv specifications- the C~ppn~'will
widen th~ .Road. ~o twenty-%w6 '22 %' fee,r ahd .wili~bu,ild the base by
~lng necessary a~ore~ate on the en~mrepoftion~of the rea .;.the
Company will%pay for {he one '1"% inc'-teD surface no compl'ete
the Road. and
WHEREAS, the County,will furnish and apply a three '3")
inch asphalt b£nder over the road~ and
WHEREAS. After the Road has been completed, the 2ity will'
annex the same to the City of Carmel an~ will maintain the Read
in.all respecEs.
NOW RER[FORE, the Compah!? does agree and will properly
-p~ppa.m~ ~106.th2'Stmeet ~one-o.uD7ter ,(1/~.) i'mile' Wes~ o~{f_ Gray~
ahd then ease ~o Gray Road immediately to be com~}let~d and further
the Company eill prepare Gray Road one-quarmer (1/4} mile-south
of 106th Street which area will be completed in the calendar
y_earfof d982 and dig the ditches according no
T.he'-Comnany 'will widen the .Road to twenty-=~wo
bflild the bBse by, placing necessary aggregate
County~specificati'on
(22 ~ fe6t'and will
on the entire
po~ion of the road; 't~e 2omnanv will further pay for the one
inch-hop surface no complete the Road'
the 2ounty will
fume_s_
apd apply a three (3")
Road has been completed the City will annex the said.Road and
further will maintain the said roadway in full without the
~bih~er
inch asphaltPover the Road, and after the
assistance of the County and shall maintain the same to a suitable
standard so as it can be utilized by the general public.
THIS AGREEMENT entered into this ~ day of74~rch~ ~8~9 by
and between the Board of Commissioners of Hamilton County,
of Carmel and Opportunity Options, Inc.-without duress or
coercion and of each their own free act and deed.
City
BOARD OF COMMISSIONERS OF BAMILTON COUNTY
ATTEST
CITY OF CARMEL
~±erk-T,~a~/urer
ATTEST '
OP, Pf}RXTN~ITY OPTIONS, INC.
President
with authority to execute