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HomeMy WebLinkAboutCRC-03-2006RESOL UTION. NO. 3-2006 RESOLUTION OF THE CITY OF CARMEL REDEVELOPMENT COMMISSION APPROVING AN AMENDMENT TO THE INTEGRATED ECONOMIC DEVELOPMENT PLAN FOR THE INTEGRATED 126`h STREET CORRIDOR ECONOMIC DEVELOPMENT AREA WHEREAS, the City of Carmel Redevelopment Commission (the "Commission'), as the governing body for the City of Carmel Redevelopment Department (the "Department"),. pursuant to Indiana Code 36-7-14, as amended (the "Act), previously adopted resolutions (such resolutions, collectively, the "Declaratory Resolution") creating an area known as the Integrated 126th Street Corridor Economic Development Area (the "Economic Development Area"), as an economic development area pursuant to Section 41 of the Act, and the Commission subsequently has approved an Integrated Economic Development Plan & Amended Redevelopment Plan which applies to the Economic Development Area (the "Plan'); and WHEREAS, pursuant to Sections 17.5 and 41 of the Act, the Commission desires to amend the Declaratory Resolution and the Plan by amending the boundaries of the Economic Development Area to include the territory described in Exhibit A, Exhibit B, and Exhibit C. attached hereto, and by designating a portion of the Economic Development Area described in Exhibit A and Exhibit B hereto as "allocation areas" (respectively, the "Integrated 126th Street Corridor EDA: Carmel Drive Tax Allocation Area" and the "Integrated 126'h Street Corridor EDA: Lauth-Walker Tax Allocation Area") under Section 39 of the Act (collectively, the "Amendments"); and WHEREAS, pursuant to Section 17.5(a) of the Act, the Commission caused to be published a Notice of Public Hearing with respect, to such proposed Amendments; and WHEREAS, at the hearing (the "Public Hearing") held by the Commission on the 6th day of February; 2006, at 8:00 a.m., in the offices of the City Hall Caucus Rooms, located at One Civic Square, Carmel, Indiana, the Commission heard all persons interested in the proceedings and considered any written remonstrances that were filed and all evidence presented; and WHEREAS, the Commission desires to take_final action approving the Amendments. NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Redevelopment Commission, as the governing body of the City of Cannel Redevelopment Department, as follows: 1. After considering the evidence presented at the Public. Hearing, the Commission hereby finds and determines that the Amendments are reasonable and appropriate when considered in relation to the Plan and the purposes of the. Act, and that the Plan, with the Amendments, conforms to the comprehensive plan for the City of Carmel. The boundaries of the Economic Development Area are hereby amended to include the territory described in Exhibit A, Exhibit B, and Exhibit C hereto within the Economic Development Area. 2. The Amendments are hereby approved in all.respects. The Plan, as amended by Amendments, is hereby confirmed in all respects. 3. The Integrated 126th Street Corridor EDA: Carmel Drive Tax Allocation Area (the "Carmel Drive 'TAX'), described in Exhibit A hereto, and the Integrated 126,h Street Corridor EDA: Lauth-Walker Tax Allocation Area (the "Lauth-Walker TAA"), described in Exhibit B hereto, are each hereby designated as "allocation areas" 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 distribution of property taxes on taxable property in the Carmel Drive TAA or the Lauth-Walker TAA 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 allocation funds for the Carmel Drive TAA and the Lauth-Walker TAA that may be used by the redevelopment district only 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. The foregoing allocation provision shall apply to all of the Carmel Drive TAA and the Lauth-Walker. TAA and shall expire on February 6, 2036. 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 Carmel Drive TAA and the Lauth-Walker T.AA. 4. Any member of the Commission is hereby authorized to take such actions as are necessary to implement the purposes of this resolution, and any such action taken prior to -the date hereof is hereby ratified and approved. 5. The Secretary of the Commission is directed to record this final action taken by the Commission pursuant to the requirements of Section 17.5 (g) of the Act. 2 INDS01 OJ© 819004v2 Adopted this 6`h day of February, 2006. CITY OF CARMEL REDEVELOPMENT COMMISSION P sident ? &?M JLX,? Vice President Secretary r Me r Member UIDS01 @Ja 8190042 EXHIBIT A Territory Added to the Economic Development Area and Designated as'the Carmel Drive TAA The following described parcels located in the City of Carmel, Indiana, comprise an area to be included in the Economic Development Area, and designated as the Cannel Drive TAA: Legal. Description of the Amendment and Allocation Area Beginning within the established boundaries of the 126th Street ED Area, at the point of intersection of the south right of way line of Carmel Drive and the west right of way line of Rangeline Road, then proceeding southward, along the western right of way line of Rangeline Road to the point of intersection with the northern right of way line of 116th Street, then turning eastward along the northern right of way' line of 116th Street to the point of intersection with the eastern boundary of parcel # 16-10-31-00-00-031.000; then turning northward, along the eastern boundary of parcel # 16-10-31-00-00-031.000 to the northeast corner of said parcel, then turning westward along the norther boundary of parcel # 16-10-31-00-00-031.000 to the point of intersection with the eastern boundary of parcel # 16-10-31-00-00-035.000 (at approximately the southeast comer of said parcel,.035.000), then turning northward, along the eastern boundary of parcel # 16-10-31-00-00-035.000 to the northeast comer of said parcel, then continuing northward, across the right of way of Medical Drive to the southeast corner of parcel # 16-10-31-00-00-036'.001, then continuing northward along the eastern boundaries of parcels numbered 16-10-31-00-00- 036.001, 16-10-31-00-00-036.000, 16=10-31-00-00-037.000, 16-10-31-00-00-038.000, 16-10-31- 00-00-039.000, and 16.-10-31-00-00-044.000, to the point of.intersection with the southern boundary of parcel number 16-10-31-00-00-046.000, then turning eastward along the southern boundary of parcel #' 16-10-31-00-00-046.000 to the southeast corner of said parcel, then turning northward along the eastern boundary of parcel # 16-10-31-00-00-046.000 to the northeast comer of said parcel, then continuing northward, across the right of way of Carmel Drive, to the point of intersection with the northern right of way line of Carmel Drive, A-1 then turning westward along the northern right of way line of Carmel Drive to the point of intersection with the western right of way line of Rangeline Road, which is within the existing boundary of the 126th Street ED Area. List of Parcels: Woodland Shoppes 16-10-31-00-00-03 1.000 Marathon Ashland Petroleum 16-10-31-00-00-032.000 Woodland Shoppes- Laserov 16-10-31-00-00-033.000 Murph Smurph Corp 16.10-31-00-00-034.000 Autozone, Inc., Dept 8700 16-10-31-00-00-035.000 Barnes Investment 16-10-31-00-00-036.000 Barnes Investment 16-10-31-00-00-036.001 D&W Holdings 16-10-31-00-00-037.000 Emmert, Patricia Living Trust 16-10-31-00-00-038.000 Landmark Dvlpt 16-10-31-00-00-039.000 Landmark Dvlpt 16-10-31.00-00-044.000 Landmark Dvlpt 16-10-31-00-00-045.000 Fineberg Group 16-10-31-00-00-046.000 A-2 INDS01 ora 819004,2 EXHIBITS Territory Added to the Economic Development Area and Designated as the Lauth-Walker TAA The following described parcels located in the City of Carmel, Indiana, comprise an area to be included in the Economic Development Area, and designated as the Lauth-Walker TAA: Legal Description of the Amendment and Allocation Area: Beginning with the established boundaries of the 126" Street ED Area, located at the point of intersection of the north right of way line of 103'd Street and the west right, of way line of Pennsylvania Street, then proceeding southward across the right of way of 103rd Street to the point of intersection with the south right of way line of 103`d Street„ then turning eastward along the south right of way line of 103'd Street to the point of intersection with the west right of way line of Pennsylvania Parkway, then turning southward along the west right of way line of Pennsylvania Parkway and following the west right of way line of Pennsylvania Parkway in a curvilinear southeast direction to the point of intersection with the western boundary of parcel # 16-13-11-04-18-001.011, then turning generally southward following along the irregular western boundary of parcel # 16- 13-11-04-18-001.011 to the point of intersection with the northern right of way line of Interstate highway 465, then turning eastward along the northern right of way line of Interstate highway 465, to the point of intersection with the western right of way line of College Avenue, then turning northward along the western right of way line of College Avenue to the point of intersection with the northern right of way line of Pennsylvania Parkway, then turning westward along the north right of way line. of Pennsylvania Parkway and following the north right of way line of Pennsylvania Parkway in a curvilinear northwest direction to the point of intersection with the south right of way line of t03'd Street, then proceeding, northward across the 103'd Street right of way to the, point of intersection with the north right of way line of 103'd Street, then turning westward along the north right of way line of 103`d Street to the point of intersection with the east right of way line of Pennsylvania Street, then turning northward along the east right of way line of Pennsylvania Street fora distance of 200 lineal feet, B-1 then turning westward, across the right of way of Pennsylvania Street to the point of intersection with the west right of way line of Pennsylvania Street_ which is within the boundaries of the 126" Street ED Area. List of Parcels: Lauth Properties, LLC MCP Partners LLC MCP Partners LLC 16-13-11-04-18-001.009 16-13-11-04-18-001.011 16-13-11-04-18-001.012 B-2 PIDS01 BIBS 19004Q EXHIBIT C Territory Added to the Economic, Development Area The following described parcels located in the City of Carmel, Indiana, comprise an area to be included in the Economic Development Area: Legal Description of Amendment: The first Amendment area beginning within the established boundaries of the 126'" Street ED Area, at the northeast corner of parcel # 17-09-36-00-00-054.000, then proceeding, northward along the existing boundary of the 126'h Street ED Area which is contiguous with the eastern boundaries of parcel # 17-09-36-00-00-054.001, and parcel # 17-09- 36-00-00-054.101 to the northeast corner of parcel # 17-09-36-00-00-054.101, then turning westward along the northern boundary of parcel #, 17-09-36-00-00-054.101 to the point of intersection with the eastern rightof way line of Guilford Avenue, then turning southward along the eastern right of way line of Guilford Avenue to the point of intersection with the northern boundary of parcel # 17-09-36-00-00-054.000, which is within the existing boundaries of the 126`h Street ED Area. The second Amendment area beginning at the point of intersection of the eastern right of way line of Guilford -Avenue with the southern boundary of parcel # 17-09-36-00-00-056.000, which is within the existing boundaries of the 126`" Street ED Area, then turning eastward, along the southern boundary of parcel # 17.09-36.00-00-056.000 to the southeast comer of said parcel, which is contiguous with the existing boundaries of the 126'h Street ED Area, then continuing eastward along the 'southern boundary of adjacent parcel # 17-09-36-00-00- 057.000 to the southeast corner of said parcel, which is also contiguous to the existing boundaries of the 126'" Street ED Area, then turning northward, along the eastern boundary of parcel # 17-09-36-00-00-057.000 to the northeast corner of said parcel, which is also contiguous to the existing boundaries of the 120" Street ED Area, then turning westward, along the northern boundary of parcel # 17-09-36-00-00-057.000 to the point of intersection with the eastern right of way line of Guilford Avenue, which is also contiguous to the existing boundaries of the 126`h Street ED Area, then turning southward along the eastern right of way line of Guilford Avenue to the point of intersection with the southern boundary of parcel # 17-09-36-00-00-056.000, which is contiguous with the existing boundary of the 126th Street ED Area. C-1 List of Parcels:: The first Amendment area on Guilford Avctiite to:include the f611'awing,parcels: PS1,Energy, Ine. 17-09-36-00-00-054.001 (no record: wetland property) 12-09-36-00-007054.101 The.second,Amendment area on Guilford}Avenue to'include the f611owing,parcels: William & Michelle, Johnson 17:09,-36-00-00'056:000 Nancy Welister-Kinnaird X17-09-36-00=00-057:000 C-2 INn50E BIB 8190040