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Home My WebLink AboutCRC-07-2004 Amend & Expand Plum Creek & Hazel Dell PkwyRESOLUTION NO. RESOLUTION OF THE CITY OF CARMEL REDEVELOPMENT COMMISSION AMENDING AND EXPANDING THE PLUM CREEK/IIAZEL DELL PARKWAY ECONOMIC DEVELOPMENT AREA AND CREATING ALLOCATION AREA WHEREAS, the City of Carmel Redevelopment Commission (the "Commission") by Resolution. No. 3-1997 adopted on May 13, 1997 (the "Declaratory Resolution"), created the Plum Creek/I-Iazel Dell Parkway Economic Development Area (the "Hazel Dell North EDA"); and WHEREAS, in the Declaratory Resolution the Commission approved the Economic Development Plan--Hazel Dell Parkway Economic Development Areas (the "Original Plan"); and WHEREAS, the Commission now desires to amend and expand the Hazel Dell North EDA, to declare the entire Hazel Dell North EDA as so expanded as an allocation area, and to approve the incorporation of the Original Plan into the 2004 Integrated Economic Development Plan & Amended Redevelopment Plan (the "2004 Integrated Plan") in the form presented at this meeting; NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Redevelopment Commission as follows: 1. The Commission hereby expands the -Hazel Dell North EDA to include an additional area (the "2004 Expansion Area') that is comprised of the portion of the area described in Exhibit A hereto that was not included in the original Hazel Dell North FDA (the Hazel Dell North EDA as expanded by the 2004 Expansion Area, the "Expanded Hazel Dell North EDA"). 2. The Commission hereby approves the incorporation of the Original Plan into the 2004 Integrated Plan, and approves of the amendments to the Original Plan as set.forth therein. 3. The Commission hereby finds that the 2004 Integrated Plan for the 2004 Expansion Area promotes significant opportunities for the gainful employment of its citizens, attracts a major new business enterprise to the City, retains or expands a significant business enterprise existing in the boundaries of the City, and meets other purposes of Sections 2.5, 41 and 43 of the Act, including without limitation benefiting the public health, safety and welfare, increasing the economic well-being of the City and the State of Indiana (the "State"), and serving to protect and increase property values in the City and the State. 4. The Commission hereby finds that the 2004 Integrated Plan for the 2004 Expansion Area cannot be achieved by regulatory processes or by the ordinary operation of private enterprise without resort to the powers allowed under Sections 2.5, 41 and 43 of the Act because of lack of local public improvement, existence of improvements or conditions that lower the value of the land below that of nearby land, multiple ownership of land and other similar conditions, including without limitation the cost of the projects contemplated by the 2004 Integrated Plan and the necessity for requiring the proper use of the land so as to best serve the interests of the City and its citizens. 5. The Commission hereby finds that the public health and welfare will be benefited by accomplishment of the 2004 Integrated Plan for the 2004 Expansion Area. 6. The Commission hereby finds that the accomplishment of the 2004 Integrated Plan for the 2004 Expansion Area will be a public utility and benefit as measured by the attraction or retention of permanent jobs, an increase in the property tax base, improved diversity of the economic base and other similar public benefits. 7. The Commission hereby finds. that the 2004 Integrated Plan for the 2004 Expansion Area conforms to other development and redevelopment plans for the City. 8. Based upon the findings set forth in Sections 3 through 7 hereof, the Commission hereby determines, designates and declares. that the 2004 Expansion Area is an "economic development area" within the meaning of the Act. 9. The Commission hereby finds that: (a) 4he amendments to the Declaratory Resolution and the Original Plan effected by this Resolution and the.2004 Integrated Plan are reasonable and appropriate when considered in relation to the Declaratory Resolution and.the Original Plan and the purposes of the Act; and (b) the Declaratory Resolution and the Original Plan, with the proposed amendments thereto effected by this Resolution and the 2004 Integrated Plan, conform to the comprehensive plan of the City. 10. In support of the findings, determinations, designations and declarations set forth in Sections 3 through 9 hereof, the Commission hereby adopts the specific findings set forth in the 2004 Integrated Plan, including the Original Plan and any other reports, studies and plans incorporated therein by reference. 11. The general boundaries of the 2004 Expansion Area are those set forth in Exhibit A attached hereto. While the 2004 Integrated Plan contemplates the possibility of future property acquisition in the 2004 Expansion Area, the Department does not at this time propose to acquire any land or interests in land within the boundaries of the 2004 Expansion Area. If, at some future time, the Department proposes to acquire any land or interests in land in the 2004 Expansion Area, the required procedures for amending the 2004 Integrated Plan under the Act will be followed. 12: The 2004 Integrated Plan is hereby in all respects approved and adopted, and the secretary of the Commission is hereby directed to file a certified copy of the 2004 Integrated Plan with the minutes of this meeting. 13. The entire Expanded Hazel Dell North EDA is hereby designated as an "allocation area" pursuant to Section 39 of the Act for purposes of the allocation and distribution of property taxes for the purposes and in the manner provided by said Section 39. Any real property taxes subsequently levied by or for the benefit of any public body entitled to a 2 distribution of property taxes on taxable property in said allocation area shall be allocated and distributed as follows: Except as otherwise provided in said Section 39, the proceeds of taxes attributable to the lesser of (a) the assessed value of the property for the assessment date with respect to which the allocation and distribution is made or (b) the base assessed value shall be allocated to and, when collected, paid into the funds of the respective taxing units. Except as otherwise provided in said Section 39, property tax proceeds in excess of those described in the previous sentence shall be allocated to the redevelopment district and, when collected, paid into an allocation fund for said allocation area that may be used by the redevelopment district to do one or more of the things specified in Section 39(b)(2) of the Act, as the same may be amended from time to time. Said allocation fund may not be used for operating expenses of the Commission. Except as otherwise provided in the Act„before July 15 of each year, the Commission shall take the actions set forth in Section 39(b)(3) of the Act. 14. The foregoing allocation provision shall apply to all of the Expanded Hazel Dell North EDA and shall expire on the date that is thirty (30) years after the effective date of this Resolution. 15. Said allocation area is hereby designated as the "Hazel Dell North Allocation Area" and said allocation fund is hereby designated as the "Hazel Dell North Allocation Area F uind." 16. Each officer of the Commission is hereby authorized and directed to make any and all required filings with the Indiana Department of Local Government Finance and the Hamilton County Auditor in connection with the creation of said allocation area. 17. The provisions of this Resolution shall be subject in all respects to the Act and any amendments thereto. 18. This Resolution, together with any supporting data, including the 2004 Integrated Plan, shall be submitted to the Carmel Plan Commission (the "Plan Commission") and the Common Council of the City (the "Common Council") as provided in the Act, and, if approved by the Plan Commission and the Common Council, shall be submitted to a public hearing and remonstrance as provided by the Act, after public notice as required by the Act. 19. Each officer of the Commission is hereby authorized and directed, for and on behalf of the Commission, to take any action determined by such officer to be necessary or appropriate to effect this Resolution, such determination to be conclusively evidenced by such officer's having taken such action, and any such action heretofore taken is hereby ratified and approved. 20. This Resolution shall be effective upon its adoption. 3 Adopted this 10th day of February, 2004. CITY OF CARMEL REDEVELOPMENT COMMISSION President *President Z--?Z45-e Secretary Member Member 4 J • l Exhibit A DESCRIPTION OF THE EXPANDED HAZEL DELL NORTH EDA Beginning at the point of intersection of the northern right of way line of 131`, Street and the western boundary of parcel number 16-10-28-00-00-039.000, then proceeding eastward along the northern right of way line of 13151 Street to the point of intersection with the western right of way line of Hazel Dell Parkway,. then proceeding eastward across the right of way of Hazel Dell Parkway to the point of intersection with the eastern right of way line of Hazel Dell Parkway, then proceeding northward along the eastern right of way line of Hazel Dell Parkway, to the point of intersection with the southern boundary of parcel number 17-10-22-00-22-003.000, then proceeding eastward along the southern boundaries of parcels numbered 17-10-22-00-22-002.000 and 17-10-22-00-22-001.000 to the southeast corner of parcel number 17-10-22-00-22-001.000, then proceeding northward along the eastern boundary of parcel number 17-10-22-00-22-001.000 to the point of intersection with the southern right of way line of 146th Street, then proceeding westward along the southern right of way line of 146m Street to the point of intersection with the eastern right of way line of Hazel Dell Road, then proceeding westward across the Hazel Dell road right of way to the point of intersection with the wester right of way line of Hazel Dell Road, then proceeding southward along the western right of way line of Hazel Dell Road to the point of intersection with the northern boundary of parcel number 16-10-28-00-07-001.000, then proceeding westward along the northern boundary of parcel number 16-10-28-00-07-001.000 to the northwest corner of said parcel, then proceeding southward along the western boundaries of parcels numbered 16-10-28-00-07-001.000 and 16-10-28-00-06-001:000 to the point of intersection with the northern boundary of parcel number 16- 10-28-00-08-001.000 (located at or near the southwest corner of parcel number 16-10-28-00-06- 001.000), then proceeding westward along the northern boundary of parcel number 16-10-28-00-08-001.000 to the northwest corner of said parcel, then proceeding southward along the western boundaries of parcels numbered 16-10-28-00-08-001.000 and 16-10-28-00-00-039.000 to the point of beginning. 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