HomeMy WebLinkAboutCRC-26-2004RESOLUTION NO. 26-2004
WHEREAS, on May 18, 2004, the Carmel Redevelopment. Commission (the "CRC") fully
adopted the 2004 Integrated Economic Development Plan and Amended Redevelopment Plan (the "2004
Integrated Plan") pursuant to which certain improvements will be made in certain economic development
areas, including the North Illinois Street ED area and.the Illinois Street ED area, as defined in the 2004
Integrated Plan;
WHEREAS, the CRC has approved the use of bond proceeds in connection with the acquisition
of property under the 2004 Integrated.Plan (the "Illinois Street Bond Project");
WHEREAS, prior to the CRC's purchase of certain land or structures, Indiana Code 36-7-14-19
requires the CRC to indicate by resolution the CRC's interest in purchasing such land or structure;
WHEREAS, the property described herein is an integral and necessary part, of the expansion of
Illinois Street as anticipated under the 2004 Integrated Plan and is part of the property included in the
2004 Integrated Plan.
NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Redevelopment Commission,
that:
Section 1. The Carmel Redevelopment Commission is interested in purchasing the
following described property at the value set forth below in connection with the 2004 Integrated Plan and
the Illinois Street Bond Project:
Property: 302 Pintail Court, Cannel, Indiana
Lot Number 10 in Spring Lake Estates
Parcel #17-09-35-01702-010.000
Owner: Nathan B. Maudlin and Jeanne G. Maudlin
Purchase Price: $336,250.00
Section 2. This Resolution shall be in full force and effect from and after its passage and
execution by the CRC.
Adopted this 16 day of December, 2004.
CITY OF CARMEL REDEVELOPMENT
COMMISSION
64324.1
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