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Home My WebLink AboutResolution_BPW_06-01-22-07_PRIF_Agreement_-_1st_on_Main_-_Add-onRESOLUTION NO. BPW 06-01-22-07 A RESOLUTION REQUESTING THE PROVISION OF CERTAIN INFRASTRUCTURE OR OTHER IMPACT ZONE IMPROVEMENTS IN LIEU OF AND AS A CREDIT AGAINST THE PAYMENT OF PARKS AND RECREATION IMPACT FEES (“PRIF”) AND APPROVING A PRIF CREDIT AGREEMENT WHEREAS, Indiana Code 36-7-4-1335 permits the application of a credit against the payment of impact fees for persons who construct or provide certain infrastructure or other improvements of a type for which a unit imposes an impact fee in an impact zone; and, WHEREAS, City of Carmel Unified Development Ordinance 1.30(F) permits the City of Carmel Board of Public Works and Safety (“Board”) to request that any person otherwise required to pay PRIF to instead finance, construct, and dedicate certain infrastructure or improvements in the Parks and Recreation Infrastructure Impact Zone (“Impact Zone”) located in Clay Township, Indiana and over which the City of Carmel, Indiana (“City”) exercises planning and zoning jurisdiction; and, WHEREAS, City of Carmel Unified Development Ordinance 1.30(F) also permits the Board to determine the amount of PRIF credit any person requested to finance, construct, and dedicate certain infrastructure or improvements in the Impact Zone in lieu of PRIF payment shall receive, and to memorialize this determination in a credit agreement (“Credit Agreement”); and, WHEREAS, the Board now desires to request that Lot One Partners, LLC, an Indiana limited liability company (“Lot One Partners”), finance and construct, within two (2) years of which this Resolution is approved by the Board (the “End Date”), those certain infrastructure and improvements set forth on attached Exhibit A, the same being incorporated herein by this reference, in exchange for a PRIF credit the Board has determined should be in the amount of exactly One Hundred Twenty Seven Thousand, Seven Hundred Ninety Six Dollars ($127,796.00); and, WHEREAS, Lot One Partners covenants that the infrastructure and improvements set forth in Exhibit A shall remain open to the public for their use and enjoyment in perpetuity; and, WHEREAS, Lot One Partners shall maintain, repair and replace, at its sole cost and expense, the infrastructure and improvements set forth in Exhibit A as necessary and to the satisfaction of the City, in perpetuity; and, WHEREAS, Lot One Partners, shall execute and return to the Board, by and through the Carmel Office of Corporation Counsel, the Credit Agreement set forth on attached Exhibit B, the same being incorporated herein by this reference, prior to the issuance of the improvement location fee for that ce rtain improvement identified on attached Exhibit C, the same being incorporated herein by this reference; and WHEREAS, PRIF in the amount of $127,796.00 is due and owing by Lot One Partners to the City by virtue of that certain improvement identified on attached Exhibit C (the “Targeted PRIF”); and, WHEREAS, Lot One Partners’ obligation to pay the Targeted PRIF to the City shall be held in abeyance until the earlier of the acceptance by the Board, in its sole discretion, of the infrastructure or improvements set forth on attached Exhibit A (“Board Acceptance”) or the End Date. Upon Board Acceptance, the City shall promptly enter the credit identified herein against Lot One Partners’ Targeted PRIF obligations. If Board Acceptance does not occur by the End Date, no credit shall be entered against the Targeted PRIF and the same shall thereafter become immediately due and owing to the City. By Jon Oberlander at 2:33 pm, May 31, 2022 DocuSign Envelope ID: BFEF0FAF-F3CA-45F8-B4C9-F77A2E2A819A NOW, THEREFORE, BE IT RESOLVED by the Board of Public Works and Safety of the City of Carmel, Indiana as follows: 1. The foregoing Recitals are incorporated herein by this reference. 2. The Board hereby requests that Lot One Partners, LLC finance and construct those certain infrastructure and improvements set forth on attached Exhibit A, in exchange for a PRIF credit of exactly $127,796.00, pursuant to the terms and conditions set forth hereinabove. 3. The Board hereby approves the Credit Agreement in the form as set forth in attached Exhibit B. 4. That Henry Mestetsky, on behalf of the City and the Board, is hereby authorized and directed to take such actions as are lawful, necessary, and proper to effectuate the transaction approved by this Resolution. SO RESOLVED. Approved and adopted this ________ day of __________________, 2022. CARMEL BOARD OF PUBLIC WORKS AND SAFETY By: __________________________________ James Brainard, Presiding Officer Date:______________________________ __________________________________ Mary Ann Burke, Member Date:______________________________ __________________________________ Lori S. Watson, Member Date:______________________________ ATTEST: __________________________________ Sue Wolfgang, Clerk Date:______________________________ DocuSign Envelope ID: BFEF0FAF-F3CA-45F8-B4C9-F77A2E2A819A June1st 6/3/2022 6/3/2022 6/3/2022 6/3/2022 - - 2022-02-03 CONTACT (YYYY-MM-DD) CONSULTANTTITLE:DRAWING NO.(YYYY-MM-DD) DATEREV.DESCRIPTION PROJECT: DATE TITLE:CERTIFIED BY: CONSULTANT JOB NUMBER SHEETOFTELEPHONE: LAUTH GROUP, INC. PROJECT: CONTACT: PROJECT NUMBER: STATE NUMBER: E-MAIL: FAX: 2022-02-03 ISSUED FOR PERMIT 1ST ON MAIN OVERALL DEVELOPMENT 41 N. RANGELINE ROAD CARMEL, INDIANA 46032 1ST ON MAIN KEN STROKE 317.848.6500 317.848.6511 kstroke@lauth.netL100100% SITE LAYOUT PLAN SITE LAYOUT PLAN1 DETAIL REVISIONS2022-02-07Clock, foundation, and plantingsBenches(Typ.) 5 thisAreaPlanters (Typ.)4 this areaPlaza stair &rampsLarge planting areasBenches (Typ.) 7 This areaRectangular planters (Typ.) 4 this areaSquare planters (Typ.) 11 this areaOverhead string lightsMulti-color paver system running length ofLinear ParkMulti-color,patterned paversystemLarge Planting AreaClouded area included in the PRIFAgreement dated 6-1-2022.Exhibit A:1st on Main PRIF AgreementDocuSign Envelope ID: BFEF0FAF-F3CA-45F8-B4C9-F77A2E2A819A 10 West Carmel Drive, Suite 100 • Carmel, IN • 46032 • 317.848.6500 www.lauth.net 1st On Main 5/13/2022 Est. Linear Public Qty Total Park Plaza Clock Foundation & conduit 1 $ 12,500 $ 12,500 Linear Park Conc. Paving 2200 $ 15,400 $ 15,400 Pavers 5800 $ 102,300 $ 92,300 $ 10,000 Plaza Stairs 1 $ 18,000 $ 18,000 Benches 12 $ 23,500 $ 16,450 $ 7,050 Planters 35 $ 6,800 $ 3,600 $ 3,200 Planting Beds 1 $ 55,500 $ 55,500 Totals $ 234,000 $ 183,250 $ 50,750 Exhibit A: 1st on Main PRIF Agreement DocuSign Envelope ID: BFEF0FAF-F3CA-45F8-B4C9-F77A2E2A819A DocuSign Envelope ID: BFEF0FAF-F3CA-45F8-B4C9-F77A2E2A819A 833.06 829.80830.76831.33 833.75835.25835.25835.25835.67 A201 SCALE: 03 NORTH ELEVATION 3/32" = 1'-0"BuildingElevationsApartmentsLIMIT OF PROJECT SCOPESCALE: 01 SOUTH ELEVATION 3/32" = 1'-0"SCALE: 02 EAST ELEVATION 3/32" = 1'-0"LIMIT OF PROJECT SCOPE20063 Dec. 17, 20211st on MainCarmel, INIssued for Bid/Permit MATERIAL LEGENDDIMENSIONAL ASPHALT SHINGLES FIBER CEMENT PANEL, SMOOTH FINISH, FIELDPAINTED, WITH PREFINISHED ALUMINNUM TRIMMANUFACTURER: JAMES HARDIEBRICKMANUFACTURER: PALMETTO BRICK CO.EIFS- SEE ELEVATIONS MC METAL COPING. COLOR TO MATCH ADJACENT TRIM/MATERIAL. PMB PREFIN/PREFAB METAL BALCONY MR METAL RAILING FCT FIBER CEMENT TRIM AS ASPHALT SHINGLES PSA PREMANUFACTURED STONE ACCENT BSC BRICK SOLDIER COURSE CSB CAST STONE BANDING MG MECHANICAL GRILLE BRICK SOLDIER COURSEMANUFACTURER: PALMETTO BRICK CO.EXTERIOR FINISH KEYEXTERIOR PAINT COLOR FINISHPAINT COLOR - SHERWIN WILLIAMSSW 7048 - "URBANE BRONZE"P1P2P3 PAINT COLOR - SHERWIN WILLIAMSSW 6147 - "PANDA WHITE"PAINT COLOR - SHERWIN WILLIAMSSW 9088 - "UTAUPEIA" ALL FIBER CEMENT PANEL TO BE P21 2 3 B1 BRICK COLOR 1PALMETTO BRICK COMPANYCOLOR 'CHOCOLATE' (OR EQ.)B2 BRICK COLOR 2PALMETTO BRICK COMPANYCOLOR 'WHITESTONE' (OR EQ.)B3 BRICK COLOR 3PALMETTO BRICK COMPANY COLOR '.75 GREYSTONE' (OR EQ.) BRICK SOLDIER COURSE TO BE B1 CSC CAST STONE CORNICE EC EIFS CORNICE PJB PREFIN/PREFAB METAL JULIET BALCONY BCJ BRICK CONTROL JOINT CSP CAST STONE PILASTER BRM BRICK MOLDING DS DOWNSPOUT PB PREMANUFACTURED BALUSTRADE EIFS WINDOW TRIM TO BE P1 SEALREVISIONSSECOND FLOOR +14'-5 1/8" THIRD FLOOR 25'-1 1/8" W1 MC W1 W1 W1 W1 W1 W1 W1 W1 W1 10'-718"10'-8"10'-8"FOURTH FLOOR 35'-9 1/8" FIRST FLOOR +3'-10"2'-0"1'-0"10"SECOND FLOOR +14'-5 1/8" THIRD FLOOR 25'-1 1/8"10'-718"10'-8"10'-8"FOURTH FLOOR 35'-9 1/8" FIRST FLOOR +3'-10" SECOND FLOOR +14'-5 1/8" THIRD FLOOR 25'-1 1/8" FOURTH FLOOR 35'-9 1/8" FIRST FLOOR +3'-10"10'-718"10'-8"10'-8"01 A301 TRUSS BEARING EL: 47-1 1/8"11'-4"EC TRUSS BEARING EL: 47-1 1/8"11'-4"W2W2W2W2W3 W3 W3 W3 W1*W1* W1*W1* W1* W1* W1* W1*W1*W1* W2*W2*W2* W1*W1*W1* W1*W1*W1* W3 W3 W3 W3 W3 W3 W3 W1* W1*W1* W1* W1* W1* W2*W2*W2*W2*W2* W3 W3 W3 W1*W1*W1* W1*W1*W1* TRUSS BEARING EL: 47-1 1/8" W3W3W3W3W3 W1*W1* W1*W1* W1*W1* W1*W1* W1*W1* W1*W1*W1*W1*W1*W1* W1* W1* W1* PMB PJBBSC EC BCJ BCJ W5 W5 W5 BCJ FIBER CEMENT PANEL3'-6"FIBER CEMENT PANEL 01 A301 SIM B1 P3 P1 P2 01 A302 03 A302 01 A301 SIM. MC PMB PJB MR BSC BSC B1 P3 P1 P2 B3 B2 P2 P3 P1 B2 B3 B1 P2 P2 1st on Main PRIF Agreement, Exhibit C:Multi Family Building: 35 unitsCondo Building: 8 unitsTotal Residential units: 43 unitsDocuSign Envelope ID: BFEF0FAF-F3CA-45F8-B4C9-F77A2E2A819A 829.80 832.50 832.50 832.50 AC201 SCALE: 03 NORTH ELEVATION 3/32" = 1'-0"Building ElevationsCondominiums20063 Dec. 17, 20211st on MainCarmel, INIssued for Bid/Permit MATERIAL LEGENDDIMENSIONAL ASPHALT SHINGLES FIBER CEMENT PANEL, SMOOTH FINISH, FIELDPAINTED, WITH PREFINISHED ALUMINNUM TRIMMANUFACTURER: JAMES HARDIEBRICKMANUFACTURER: PALMETTO BRICK CO.EIFS- SEE ELEVATIONS MC METAL COPING. COLOR TO MATCH ADJACENT TRIM/MATERIAL. PMB PREFIN/PREFAB METAL BALCONY MR METAL RAILING FCT FIBER CEMENT TRIM AS ASPHALT SHINGLES PSA PREMANUFACTURED STONE ACCENT BSC BRICK SOLDIER COURSE CSB CAST STONE BANDING MG MECHANICAL GRILLE BRICK SOLDIER COURSEMANUFACTURER: PALMETTO BRICK CO.EXTERIOR FINISH KEYEXTERIOR PAINT COLOR FINISHPAINT COLOR - SHERWIN WILLIAMSSW 7048 - "URBANE BRONZE"P1P2P3 PAINT COLOR - SHERWIN WILLIAMSSW 6147 - "PANDA WHITE"PAINT COLOR - SHERWIN WILLIAMSSW 9088 - "UTAUPEIA" ALL FIBER CEMENT PANEL TO BE P21 2 3 B1 BRICK COLOR 1PALMETTO BRICK COMPANYCOLOR 'CHOCOLATE' (OR EQ.)B2 BRICK COLOR 2PALMETTO BRICK COMPANYCOLOR 'WHITESTONE' (OR EQ.)B3 BRICK COLOR 3PALMETTO BRICK COMPANY COLOR '.75 GREYSTONE' (OR EQ.) BRICK SOLDIER COURSE TO BE B1 CSC CAST STONE CORNICE EC EIFS CORNICE PJB PREFIN/PREFAB METAL JULIET BALCONY BCJ BRICK CONTROL JOINT CSP CAST STONE PILASTER BRM BRICK MOLDING DS DOWNSPOUT PB PREMANUFACTURED BALUSTRADE EIFS WINDOW TRIM TO BE P1 SEALREVISIONSLIMIT OF PROJECT SCOPESCALE: 01 SOUTH ELEVATION 3/32" = 1'-0"SCALE: 02 WEST ELEVATION 3/32" = 1'-0" SCALE: 04 EAST ELEVATION 3/32" = 1'-0" MC SECOND FLOOR +14'-4 5/8" THIRD FLOOR 25'-0 5/8"10'-8"FOURTH FLOOR +35'-8 5/8" FIRST FLOOR +1'-6" (833.50)10'-8"12'-1058"W2 W1 W2 W1 W8 W5*W10 W6 W6W6W5*W5* W1* W2*W10*W5*W5*W5*W5*W5*W5* W7 W7 W12 W11 W11 W12 W4*W11W11W9*W9*W4*W4*W4*W4* W4*W4*W4*W4*W4*W4*W9*W9* W10*W10* W13 W3*W5*W5*W5*W14 W9 W9 W5*W5*W5* W1* W10* W1* W2* W3* W1* W4* 01 AC301 01 AC302 01 AC302 SIM. 01 AC303 ROOF TRUSS BRG +48'-0"12'-338"FIBER CEMENT PANEL FIBER CEMENT PANEL FIBER CEMENT PANEL MC MC PJB PJB PJB PJB PMB PMB PMB PMB PMB PJB MR MR MR MR AS AS DS PB EC BSC 01 AC304 CSP PB CSCPSA LIMIT OF PROJECT SCOPECSB CSC PB SECOND FLOOR +14'-4 5/8" THIRD FLOOR 25'-0 5/8" FOURTH FLOOR +35'-8 5/8" FIRST FLOOR +1'-6" (833.50) ROOF TRUSS BRG +48'-0" SECOND FLOOR +14'-4 5/8" THIRD FLOOR 25'-0 5/8" FOURTH FLOOR +35'-8 5/8" FIRST FLOOR +1'-6" (833.50) ROOF TRUSS BRG +48'-0" SECOND FLOOR +14'-4 5/8" THIRD FLOOR 25'-0 5/8" FOURTH FLOOR +35'-8 5/8" FIRST FLOOR +1'-6" (833.50) ROOF TRUSS BRG +48'-0"LIMIT OF PROJECT SCOPECSB CSC CSC PB CSC CSB LEVEL 1 GARAGE STAIR LANDING +1'-6" (833.50) LEVEL 2 GARAGE STAIR LANDING +14'-6" LEVEL 3 GARAGE STAIR LANDING +25'-2" LEVEL 4 GARAGE STAIR LANDING +35'-10" LEVEL 5 GARAGE STAIR LANDING +46'-6" LEVEL 1 GARAGE STAIR LANDING +1'-6" (833.50) LEVEL 2 GARAGE STAIR LANDING +14'-6" LEVEL 3 GARAGE STAIR LANDING +25'-2" LEVEL 4 GARAGE STAIR LANDING +35'-10" LEVEL 5 GARAGE STAIR LANDING +46'-6" B1 B2 B3 P2P3P1 B1 B2 P2P2 P2 3'-6"3'-6"1st on Main PRIF Agreement, Exhibit C:Multi Family Building: 35 unitsCondo Building: 8 unitsTotal Residential units: 43 unitsDocuSign Envelope ID: BFEF0FAF-F3CA-45F8-B4C9-F77A2E2A819A