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HomeMy WebLinkAboutResolution 2022-36 (111 Penn RDA - Declaratory Resolution))RESOLUTION NO.2022-36 RESOLUTION OF THE CITY OF CARMEL REDEVELOPMENT COMMISSION DECLARING AN AREA IN THE CITY OF CARMEL, INDIANA, AS A REDEVELOPMENT AREA AND APPROVING A REDEVELOPMENT PLAN FOR SAID AREA WHEREAS, the Carmel Redevelopment Commission (the "Commission") serves as the governing body of the City of Carmel Redevelopment District (the "District"), pursuant to Indiana Code 36-7-14, as amended (the "Act"); and WHEREAS, the Commission previously has adopted and confirmed resolutions (collectively, the "126th Street Declaratory Resolution") establishing and amending an economic development area known as the "Integrated 126th Street Corridor Economic Development Area" (the "126th Street EDA"), and designating portions of the 126th Street EDA as "allocation areas" pursuant to Section 39 of the Act, including an allocation area designated as the "Amended 126th Street Allocation Area"; and WHEREAS, the Commission now desires to amend the 126th Street Declaratory Resolution to remove the area described on Exhibit A attached hereto from the 126th Street EDA and the Amended 126th Street Allocation Area; and WHEREAS, the Commission has thoroughly studied that area of the City of Carmel, Indiana (the "City"), as described on Exhibit A attached hereto and hereby designated as the "111 Penn Redevelopment Area" (the "Redevelopment Area"); and WHEREAS, the Commission has caused to be prepared maps and plats showing the boundaries of the Redevelopment Area, the location of various parcels of property, streets, alleys, and other features affecting the acquisition, clearance, replatting, replanning, rezoning, economic development or redevelopment of the Redevelopment Area, and the parts of the Redevelopment Area that are to be devoted to public ways, sewerage and other public purposes under the Plan (as defined below); and WHEREAS, the Commission has caused to be prepared estimates of the costs of the redevelopment projects as set forth in the Plan; and WHEREAS, there has been presented to this meeting for consideration and approval of the Commission a redevelopment plan for the Redevelopment Area entitled "Redevelopment Plan for the 111 Penn Redevelopment Area" (the "Plan"); and WHEREAS, the Plan and supporting data were reviewed and considered by the Commission at this meeting; and WHEREAS, Sections 11, 12.2 and 15 of the Act have been created to provide all the duties and powers for the Commission to create "redevelopment areas" subject to the conditions set forth in the Act; and WHEREAS, the Commission deems it advisable to apply the provisions of said Sections 11, 12.2 and 15 of the Act to the Plan and financing of the Plan. NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Redevelopment Commission, as the governing body of the City of Carmel Redevelopment District, as follows: 1. The Commission hereby amends the 126t" Street Declaratory Resolution to remove the area described in Exhibit A hereto from the 126t' Street EDA and the Amended 126th Street Allocation Area. 2. The Commission finds that the area described in Exhibit A in the City is an area in need of redevelopment pursuant to IC 36-7-1-3 because there has been lack of development, a cessation of growth, the character of occupancy of the Area and other factors that impair values or prevent a normal use or development of the Area. 3. The Plan for the Redevelopment Area cannot be achieved by regulatory processes or by the ordinary operation of private enterprise without resort to the powers allowed under Sections 113 12.2 and 15 of the Act. 4. The public health and welfare will be benefited by accomplishment of the Plan for the Redevelopment Area. 5. The Plan cannot be accomplished by regulatory processes or by the ordinary operation of private enterprise because of the lack of public improvements, the existence of improvements or conditions that lower the value of the land below that of nearby land, or other similar conditions. 6. The public health and welfare will be benefited by accomplishment of the purposes of the Plan. 7. The accomplishment of the Plan will be a public utility and benefit as measured by an increase in the property tax base and other public benefits. 8. In support of the findings and determinations set forth in Sections 1 through 7 above, the Commission hereby adopts the specific findings set forth in the Plan. 9. Except as otherwise set forth in the Plan, the Plan does not contemplate the acquisition of property as a part of the redevelopment strategy, and the Commission does not at this time propose to acquire any specific parcels of land or interests in land within the boundaries of the Redevelopment Area. If the Commission proposes to acquire specific parcels of land, the required procedures for amending the Plan under the Act will be followed, including notice by publication, notice to affected property owners and a public hearing. 10. The Commission finds that no residents of the Redevelopment Area will be displaced by any project resulting from the Plan, and therefore finds that it does not need to give consideration to transitional and permanent provisions for adequate housing for the residents. 11. The Plan is hereby in all respects approved, and the secretary of the Commission is hereby directed to file a certified copy of the Plan with the minutes of this meeting. 2 12. The Redevelopment Area is hereby designated as an "area needing redevelopment" under Section 15 of the Act. 13. The provisions of this Resolution shall be subject in all respects to the Act and any amendments thereto. 14. This Resolution, together with any supporting data and together with the Plan, shall be submitted to the Carmel Plan Commission (the "Plan Commission") and the Common Council of the City (the "Council"), and if approved by the Plan Commission and the Council shall be submitted to a public hearing and remonstrance as provided in the Act, after public notice all as required by the Act. 15. This resolution shall take effect immediately upon its adoption by the Commission. Adopted the 15th day of December, 2022. CITY OF CARMEL REDEVELOPMENT CO MISSION President Secretary Member Member 3 EXHIBIT A Description of the area to be removed from the Integrated 12611 Street Corridor Economic Development Area and Amended 126" Street Allocation Area, and designated as the 111 Penn Redevelopment Area The 111 Penn Redevelopment Area consists of the following parcels, as shown on the map attached hereto: PARCEL ID NUMBERS: 17-13-02-00-00-014.001 17-13-02-00-00-014.000 111 Penn redevelopment area December 5, 2022 1:2,640 Minor Roads Major Roads Subdivisions Parcels 0.02 0.04 0.09 mi 0.04 0.07 0.14 km Author. Hamilton County Hamilton County compiled this map. Although strict accuracy standards have been employed, Hamilton County does not warrant or guarantee the accuracy of the information contained herein and DMS 24456115/1