HomeMy WebLinkAboutCC-02-06-06-01 EDA Enlargement
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Sponsors: Councilors Carter and Sharp
RESOLUTION CC-02-06-06-01
RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL,
INDIANA, APPROVING THE ENLARGEMENT OF CERTAIN ECONOMIC
DEVELOPMENT AREAS IN THE CITY
WHEREAS, on February 6, 2006, the City of Cannel Redevelopment Commission (the
"Redevelopment Commission"), as the governing body for the City of Cannel Redevelopment
Department (the "Department"), pursuant to Indiana Code 36-7-14, as amended (the "Act"),
adopted the following resolutions following public hearings thereon:
(1) Resolution No. 3-2006 which amended and enlarged the Integrated 126th Street
Corridor Economic Development Area (the "126th Street EDA");
(2) . Resolution No. 4-2006 which amended and enlarged the Old Town Economic
Developm.ent Area (the "Old Town EDA");
(3) Resolution No. 5-2006 which amended and enlarged the Illinois Street Economic
Development Area (the "Illinois Street EDA");
(4) Resolution No. 6-2006 which amended and enlarged the Merchants Pointe
Economic Development Area (the "Merchants Pointe EDA") (Resolution Nos. 3-2006, 4-2006,
5-2006, and 6-2006 are hereinafter collectively referred to as the "Redevelopment Commission
Resolutions," and the 126th Street EDA, the Old Town EDA, the Illinois Street EDA, and the
Merchants Pointe EDA are hereinafter collectively referred to as the "Economic Development
Areas"); and
WHEREAS, the amendments referred to above enlarge each of the respective Economic
Development Areas by less than twenty percent (20%) or their original size; and
WHEREAS, the Common Council of the City (the "Council") now desires to approve the
enlargement of the boundaries of the respective Economic Development Areas and the
detern1ination that each of the Economic Development Areas, as enlarged, is an "economic
development area" under Section 41 of the Act;
<.
NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of
Cannel, Indiana, as follows:
1. Pursuant to Section 41 of the Act, the Council hereby approves the detem1ination
that each of the Economic Development Areas, as enlarged by the respective Redevelopment
Commission Resolutions, is an "economic development area," and approves the cnlargement of
the boundaries of the respective Economic Development Areas as provided in the
Redevelopment Commission Resolutions.
2. This Resolution shall be in full force and effect from and after its passage by the
Council and approval by the Mayor as required by law.
PASSED by the Common Council of the City of Carmel, this &. ~day of
d-L-i',Ju.,L4 ,2006, by a vote of -5 ayes and ~ nays.
Brian D. Mayo
OPP6seD
Fred J. Glaser
o PPOSeQ
Mark Rattermann
AT~tt
Diana 1. Cordray, IAMC, Clerk- asurer
...{ Presented by me
--:r -.o.hu.c ~
+k-
to the Mayor of the City of Carmel this L day of
,2006, at7~ -P.M.
~
Diana 1. Cordray, IAMC, Clerk-Tre s
--1 Approved by me,
-3~
Mayor of the City of Carmel, Indiana, this (; -H-- day of
,2006, at 7:~ L.M.
es Brainard, Mayor
ATTEST:
reasurer
Prepared by: Bruce D. Dona n
Bames & Thomburg LLP
11 South Meridian Street
Indianapolis, IN 46204
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