HomeMy WebLinkAboutCRC-06-2006?,r,.
RESOLUTION NO. 6-2006
RESOLUTION OF THE CITY'OF'CARMEL
REDEVELOPMENT COMMISSION APPROVING AN AMENDMENT TO
THE'INTEGRATED ECONOMIC:DEVELOPMENT. PLAN FOR THE MERCHANTS
POINTE ECONOMIC DEVELOPMENT AREA
WHEREAS, on March.14, 2001, the City of Carmel;Redevelopment'Commission• (the
"Commission"), as the governing body for the. City of:Carmel Redevelopment,;Department (the
"Departnnent")„pursuant to Indiana Code 36-7-14„as amended (the "Act), adopted its Resolution
No. 2005-2001 '(as subsequently confirmed and amended, the "Declaratory Resolution")
designating; an area 'known as the Mercliants Pointe `Economic- Development Area (the
"Economic Development Area" ),,as,.an economic. development, area pursuant to Section 4:1 of.thu
Act, and'the°Commission.subsequently has,approved an lntegraied;Economic Development. Plan
& Amended Redevelopment :Plan which applies to the :Economic Development Area (the
"Plan'-'); and.
WHEREAS, pursuaht to ;Sections 17.5 and 41 of,the, Act, the, Commission desires to
amcnd the Declaratory. Resolution and the Plan by amending; the: boundaries of, the Economic
Development Area io include, the territory described, in. Exhibit-. A attached hereto,, and by
designating, the, territory described in Exhibit A as an "allocation area" (the "2006 Merehants'
Pointe Allocation Area") under Section 39 of.the Aef(collectively, the '"Amendments"); and,
WHEREAS, pursuant to Section 17:5(1) 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 onthe 6ih
day of February, 2006,.at 8:00 a.m., in the offices.ofthe;CityHall CaucusRooins,,located at One
Civic Square, Carmel, Indiana, the. Comritission.heard=all persons interested in the proceedings
and considered any written remonstrances thatwere filed and all ' evidence presented;=and
WHEREAS, the Commission desires td take final,action approving the.Arnendments.
NOW, THEREFORE, BE. IT RESOLVED by the City of -Carmel Redevelopment
Commission, as the governing, body of the City of Carmel R"edevelopment 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 hereto within the Economic Development Area.
2. The Amendments-are-hereby approved;,in-all respects. The Plan, as amended by
Amendments„i's hereby confirmed in alfrespects.
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3. The 2006 Merchants Pointe Allocation Area described in Exhibit A hereto is
hereby designated as an "ailocation area' pursuant to Section 39 of the. Act for purposes, of the
allocation and,distribuiion of property taxes for,the purposes and iii the manner provided by said..
Section_39. Any real.property taxes subsequently levied by or for the beneffof any, public body
entitled to a distribution of-property 'taxes on, taxable property, in the, 2006 Merchants Pointe
Allocation. Area;shall be;allocated and,disdibute8 as follows:
Except:as,otherivisa,pyoyided-in said Section 39, the,proceeds ofiax.es,attribuiable to the
lesser of (a) the assessed value.ofithe, property for the assessment date-with respect to which the
allocation, and4istributiomis made or (b) the7base assessed:Value shall be.allocated to and,, when
collected, paid into the funds.of the rspective 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 tbe'rcdeveloprrient,district and, when collected, paid into an allocation fund for. the
2006 Merchants. Pointe Allocation Area,that,may be used. by the redevelopment district only to
do one or more of the things specified in Section 39(6)(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, ,beWc July 15 of each year, ?tbe
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 2006 Merchants Pointe Allocation Area and shall
expire,on February,f, 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 2006.Merchants Pointe Allocation Area.
4. Any member of'the Commission is hereby authorized toulce such actions as are
necessary`to impiementthe,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 requiiements,of.Section 17.5'(g) of the Act.
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Adopted this 6`"'day of February,, 2006,
W DSO 1 BJB8190 Vat
CITY OF CARMFL
REDEVELOPMENT COMMISSION
resident
Vice. Pfesi dent
Secretary
Mem
Member
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EXHIBIT A
Territory Added.to the Economic DevellopmentAr6a] and Designated,
as the 2006 Merchants Point Allocation Area
The following territory°located.in, the City. of Carmel, Indiana, comprises the area to be included
in the Economic Development Area; and to, 'be designated as the 2006 Merchants Point
Allocation Area:
Legai.Descripiion ofAmendmentnand Allocation Area:
Beginning within the=established boundaries of the Mercliants-Pointe ED Area, at the southeast
corner of parcel # 17 `19=06-00-01-005;000,
then proceeding eastward,-across the:right of way of Keystone Avenue (a k.a: US-431) to the
point of intersection with the easterwrtghf ofway line of Keystone Avenue,
then,turning%northward, along the easternright of way line of.,Keystone:Avenue to„the point of
intersection with the northern right;of way line of 116`h3treet,
then turning eastward,,along the northermright of way line of.1 1 16rh Streetto the point of
intersection with the eastern boundary 'of parcel #`16-10-31-00-00,010.000;
then turning northward,, along the eastern boundaryof;parcel.#' 16-10-31-00;00-010"000 to;the
northeastdomerof said pareel,
then proceeding, northward, along the eastern boundary of parcel ,# 16-10-3 1 -00-OM10.001, to
the northeast coiner of said parcel #16-10-31-00-00-010.001;
then turning westward;along the northem'bonndaryof parcel # 16-10-31.00-007010.001 to the
northwest comer- of said parcel,
then proceeding westward, across the rigHt-. of way of 'Keystone Avenue, to the point of
intersection with the western right of wayline?of Keystone Avenue,
then turning, southward, along the,w6§temright of way line of Keystone Avenue to the point,of
intersection with the northern boundary of parcel # 17-14-06=00=01=004:600, which is
within the existing boundary of the Merchants Pointe ED Area.
List of Parcels:
Marathon Oil
Marathon Oil
16-10.31-00-00-010.000
16-10=31-00.00-010:001.
A-1.
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