HomeMy WebLinkAboutCRC-19-2006 AmendedAMENDMENT TO RESOLUTION NO. 19-2006
WHEREAS, within the City of Carmel, Indiana, a governmental unit and political subdivision of
the State (the "City"), there is created the City of Carmel Redevelopment District (the "District'),
governed by the City of Carmel Redevelopment Commission (the "Commission") operating under IC 36-
7-14 and IC 36-7-25 (collectively, the "Act'); and
WHEREAS, the Commission on December 19, 2006, adopted its Resolution No. 19-2006 (the
"Bond Resolution") authorizing the issuance of certain bonds and bond anticipation notes of the District
for the purpose of providing for the payment of costs of acquiring the real estate commonly known as the
Brookshire Golf Club located in the District (the "Project") and paying certain other costs associated
therewith; and
WHEREAS, the Commission now deems it advisable to amend the Bond Resolution to expand
the definition of the Project therein to include certain other projects of the Commission;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF CARMEL REDEVIiI.OPM-ENT
COMMISSION, GOVERNING BODY OF THE DISTRICT, AS FOLLOWS:
SECTION 1. Amendment to Bond Resolution. The definition of the Project sci t rth in the
Bond Resolution is hereby amended to include the following: (a) costs of constructing one, or more
parking facilities in the District, including in Parcels 5, 7C and 12 of the City Center Plan. (h) street and
road improvements in Parcel 5, (c) street and streetscape improvements in Parcels 10 and 12, and (d)
underground detention area in Parcel 7C.
SECTION 2. Effectiveness. This resolution shall be in full force and effect from and after its
passage, and the Bond Resolution, as amended herein, shall remain in full force and effect.
Adopted this 22nd day of December, 2006.
Member
INDS01 UDD 90951312
CITY OF CARMEL REDEVELOPMENT