HomeMy WebLinkAboutCC 09-19-22-02/Adding Palladium Projects to Eligible Project List using 2021 Redevelopment District Bonds
Sponsors: Councilors Aasen, Campbell, Finkam, Rider, and Worrell
RESOLUTION CC-09-19-22-02
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA
AMENDING RESOLUTION CC-12-21-20-04 PREVIOUSLY ADOPTED BY THE COUNCIL
Synopsis:
Resolution amends prior Council Resolution approving 2021 Redevelopment District
Bonds to add certain Palladium projects to the eligible project list.
WHEREAS, the Common Council (the “Council”) of the City of Carmel, Indiana,
previously adopted its Resolution CC-12-21-20-04 on May 3, 2021 (the “2021 Council
Resolution”), which approved the issuance of the City of Carmel, Indiana, Taxable
Redevelopment District Bonds, Series 2021 (the “2021 Bonds”) to fund the projects listed on
Exhibit A to the 2021 Council Resolution; and
WHEREAS, the Council now desires to amend Exhibit A to the 2021 Council Resolution
to add new lighting and a new sound system in the Palladium (the “2022 Palladium Projects”) to
the list of projects eligible to be funded with the proceeds of the 2021 Bonds.
NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of
Carmel, Indiana, as follows:
1. The Council hereby amends Exhibit A to the 2021 Council Resolution to
add the 2022 Palladium Projects to the list of projects eligible to be funde d with the proceeds of
the 2021 Bonds.
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. Except as amended by this
Resolution, the 2021 Council Resolution shall remain in full force and effect.
DocuSign Envelope ID: 739A47DF-AFCC-429D-B2D3-ADC612B4D984
2
PASSED by the Common Council of the City of Carmel, this _____ day of _____________,
2022, by a vote of ______ ayes and ____ nays.
COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA
___________________________________
Kevin D. Rider, President Jeff Worrell, Vice-President
___________________________________ ____________________________________
Laura Campbell H. Bruce Kimball
___________________________________ ____________________________________
Sue Finkam Anthony Green
___________________________________ ___________________________________
Adam Aasen Tim Hannon
___________________________________
Miles Neslon
ATTEST:
__________________________________
Sue Wolfgang, Clerk
Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of
_________________________ 2022, at _______ __.M.
____________________________________
Sue Wolfgang, Clerk
Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of
________________________ 2022, at _______ __.M.
____________________________________
James Brainard, Mayor
ATTEST:
Sue Wolfgang, Clerk
Prepared by: Bruce D. Donaldson
Barnes & Thornburg LLP
11 South Meridian Street
Indianapolis, IN 46204
DMS 23633111.1
DocuSign Envelope ID: 739A47DF-AFCC-429D-B2D3-ADC612B4D984
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