HomeMy WebLinkAboutCRC-13-2004CITY OF CARMEL REDEVELOPMENT COMMISSION
RESOLUTION NO. y,3 -,; 000V
Marshall E. and Sandra Lee Andich Acquisition
WHEREAS, the City of Carmel Redevelopment Commission ("CRC') is in the process of
redeveloping blighted areas in the City of Carmel, Indiana;
WHEREAS, in accordance with IND. CODE §36-7-14-19(b), and as evidenced by minutes of
previous CRC meetings, CRC has approved and adopted a list (the "Property List") of the real property that
may be acquired for redevelopment (the "Acquisition Properties");
WHEREAS, certain property currently owned by Marshall E. and Sandra Lee Andich
("Andich") and located at 21 East Main Street (the "Andich Property") is one of the Acquisition Properties;
WHEREAS, CRC has caused there to be completed two independent appraisals of the fair
market value of the Andich Property;
WHEREAS, the average of the two independent appraisals of the fair market value of the
Andich Property is $161,000.00 (the "Average Value");
WHEREAS, the Property List sets forth, or shall set f orth, p rices for acquisition of the
Acquisition Properties (the "Acquisition Amounts');
WHEREAS, the Acquisition Amount for the Andich Property is, or shall be, the Average Value;
WHEREAS, CRC desires to acquire the Andich Property for redevelopment;
WHEREAS, CRC intends to attempt to negotiate an agreement with Andich for the acquisition
of the Andich Property for an amount not greater than the Average Value;
WHEREAS, in the event that CRC is unable to negotiate an agreement with Andich for the
acquisition of the Andich Property, CRC intends to acquire the Andich Property by the exercise of the power
of eminent domain;
WHEREAS, CRC desires to confirm that: (a) the Property List includes the Andich Property;
and (b) the Acquisition Amount for the Andich Property is the Average Value; and
WHEREAS, CRC desires to adopt a resolution that: (a) permits it to negotiate an agreement
with Andich for the acquisition of the Andich Property for an amount not greater than the Average Value; and
(b) in the event that it is not able to negotiate an agreement with Andich for the acquisition of the Andich
Property, sets out its determination to exercise the power of eminent domain with respect to the acquisition
of the Andich Property;
NOW, THEREFORE, BE IT RESOLVED THAT:
1. CRC hereby confirms that: (a) the Property List includes the Andich Property; and (b) the Acquisition
Amount for the Andich Property is the Average Value;
2. CRC is permitted to negotiate an agreement with Andich for the acquisition of the Andich Property
for an amount not greater than the Average Value; and
3. In the event that CRC is not able to negotiate an agreement with Andich for the acquisition of the
Andich Property for an amount not greater than the Average Value, CRC is permitted to exercise its power
of eminent domain with respect to the acquisition of the Andich Property.
Passed by the Redevelopment Commission of the City of Carmel, Indiana, this _ day of April, 2004, by a
vote of 3 ayes and 0 nays.
CITY OF CARMEL REDEVELOPMENT COMMISSION
Bv:
By:
mu d Burl
By:
Ronald Carter
Prepared by Wallack Somers & Haas, Counsel to CRC