HomeMy WebLinkAboutG-2025-001-Accepting Transfer of Central Park1
RESOLUTION NO. G – 2025 – 001
RESOLUTION OF THE CARMEL/CLAY BOARD OF PARKS AND RECREATION
ACCEPTING THE TRANSFER OF CENTRAL PARK
The Carmel/Clay Board of Parks and Recreation (the “Board”) met at a duly called and
authorized meeting of the Board held on the date set forth below, such meeting being called
pursuant to a notice stating the time, place and purpose of the meeting receive d by all of the
Board Members, and the following Resolutions were made, seconded and adopted by a majority
of those present at the meeting, which constituted a legal quorum of the Board.
WHEREAS, the Carmel Clay Parks Building Corporation (the “Corporation”) is the owner
of the property known as “Central Park,” located in Carmel, Indiana and all improvements
thereon, including the Monon Community Center and all related infrastructure and
improvements (collectively “Central Park”); and
WHEREAS, the Corporation issued its Carmel Clay Parks Building Corporation Lease Rental
Refunding Bonds, Series 2015A and B (the “Bonds”) to refinance the original purchase and
construction of improvements in Central Park; and
WHEREAS, the Corporation entered into a certain Lease Agreement and Option to
Purchase with Clay Township of Hamilton County, Indiana (the “Township”) recorded with the
Recorder of Hamilton County as Document No. 200400073542, as amended (the “Lease”); and
WHEREAS, the Township entered into a Sublease and Management Agreement (the
“Sublease”) with the Board which transfers to the Board all right, powers, responsibilities and
duties of the Township as the Lessee under the Lease; and
WHEREAS, the Lease and the Sublease provide that upon the final lease payment under
the Lease by the Township on January 15, 2025, the Corporation shall transfer Central Park to
the Board; and
WHEREAS, the Corporation desires to transfer Central Park and all improvements thereon
to the Board and the Board desires to authorize the President of the Board to take all action, and
to execute all documents necessary to accept the transfer of Central Park pursuant to the terms
of the Lease, the Sublease and Ind. Code §36-1-10-9(b); and
WHEREAS, the Corporation has approved the transfer of Central Park and all
improvements thereon to the Board by Resolution and has authorized the President of the
Corporation to deliver all documents necessary to transfer title thereto to the Board; and
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WHEREAS, the Board desires to accept the transfer of Central Park and the delivery of the
transfer documents and all additional documents or papers related thereto necessary to vest title
to Central Park in the Board.
NOW, THEREFORE, BE IT RESOLVED BY THE CARMEL/CLAY BOARD OF PARKS AND RECREATION
THAT:
1. The Board hereby accepts the transfer of Central Park and the delivery of the
transfer documents, and all additional documents or papers related thereto
necessary to vest title to Central Park in the Board.
2. The Board authorizes, empowers and directs its President, Judith F. Hagan, to
receive and record all transfer documents and to execute all additional documents
or papers related thereto necessary to vest title to Central Park in the Board.
3. The President is further authorized, empowered and directed to take all additional
action necessary to vest title to Central Park and the Board and to release all
documents related to the Bonds, the Lease and the Sublease.
4. This Resolution shall take effect immediately upon its adoption.
[Signature page follows]
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APPROVED AND ADOPTED by the Carmel/Clay Board of Parks and Recreation on this 14th
day of January 2025, by a vote of 7 ayes and 0 nays.
CARMEL/CLAY BOARD OF PARKS AND RECREATION
Judith F. Hagan, President _X__ ___
Aye Nay
Jenn Kristunas, Vice-President _X__ ___
Aye Nay
Lin Zheng, Treasurer _X__ ___
Aye Nay
Mark Westermeier, Secretary _X__ ___
Aye Nay
Jonathan Blake _X__ ___
Aye Nay
James D. Garretson _X__ ___
Aye Nay
Katie Mueller _X__ ___
Aye Nay
Jon Shapiro _Absent__
Aye Nay
_______________________ ___ ___
Aye Nay
CERTIFICATION
I certify under the penalties of perjury that the foregoing members of the Carmel/Clay Board of
Parks and Recreation voted as indicated above at a public meeting on January 14, 2025.
_____________________________
Judith F. Hagan, President
Docusign Envelope ID: 51757F30-114C-4EB1-A538-A0829E122E91