HomeMy WebLinkAboutCRC-11-2005CITY OF CARMEL REDEVELOPMENT COMMISSION
RESOLUTION NO. //
WHEREAS, there currently are above-ground power lines located in and along the Rangeline
Road right-of-way in the area between Gradle Drive and 126'"Street (the "Current Power Lines");
WHEREAS, The City of Carmel Redevelopment Commission ("CRC") wishes to: (a) have
the Current Power Lines relocated to a location in and along the east side of the Monon Trail right-of-way (the
"Relocation Area"); and (b) have the relocated power lines (the "Relocated Power Lines ) be installed
underground in the Relocation Area;
WHEREAS, PSI Energy. Inc. ("PSI"), has agreed to: (a) relocate the Current Power Lines to
the Relocation Areas; (b) vacate the existing easements for the Current Power Lines; and (c) install the
Relocated Power Lines underground in the Relocation Area;
WHEREAS, as a condition of the foregoing, PSI has required that CRC grant easements
pursuant to which PSI has the right to: (a) install the Relocated Power Lines underground in the Relocation
Area; and (b) maintain the Relocated Power Lines (collectively, the "Required Easements"); and
WHEREAS, CRC desires to satisfy such condition and grant the Required Easements;
NOW, THEREFORE, BE IT RESOLVED THAT CRC hereby authorizes execution by
Ronald E. Carter, as President, of instruments granting the Required Easements; provided that, prior to such
execution, CRC's: (a) Executive Director has approved any and all exhibits thereto; and (b) legal counsel has
approved the form and substance thereof.
Passed by CRC this 20' day of September, 2005, by a vote.of __4__ ayes and O nays.
CITY OF ARMEL REDEVELOPMENT COMMISS
B . By'
nal E. Ca er, President Iliam Ham J/ e-Presi ent
BY By: C?
Ae!
Rick Sharp, Secretary
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fobert attreal
Prepared by Wallack Somers & Haas, Special Counsel to CRC