HomeMy WebLinkAboutCRC-01-1999 Mueller PropertyCITV OF CARMEL REDEVELOPMENT COMMISSION
RESOLUTION NO. /- 19 99
WHEREAS, the City of Carmel Redevelopment Commission ("CRC') intends to create a City
Center that will provide a balanced mixture of retail facilities, dining options, a corporate office campus; a
performing arts center, a museum/exhibit hall, and an amphitheater (the "City Center"); and
WHEREAS, CRC is in the process of acquiring real estate that will be incorporated into the City
Center; and
WHEREAS, Helen M. Mueller is the fee simple owner of approximately forty-eight (48) acres of
real estate located near 126" Street and Rangeline Road in Cannel, Hamilton County, Indiana (the "Real
Estate"); and
WI-IEREAS, the Real Estate is located within the City Center; and
WI-IEREAS,-CRC desires to acquire the Real Estate for incorporation into the City Center; and
WHEREAS, to avoid condemnation litigation, a proposed settlement for acquisition of the Real
Estate has been negotiated (the `Negotiated Settlement'); and
WHEREAS, pursuant to the Negotiated Settlement, the purchase price for the Real Estate is Five
Million Dollars ($5,000,000.00); and
WHEREAS, CRC hereby shall authorize the acquisition of the Real Estate pursuant to the teens
and conditions of the Negotiated Settlement.
NOW, THEREFORE; BE IT RESOLVED BY THE REDEVELOPMENT COMMISSION OF
THE CITY OF CARMEL, INDIANA:
That CRC hereby authorizes the acquisition of the Real Estate pursuant to the terms
and conditions of the Negotiated Settlement.
2. That the members of CRC hereby are authorized to execute any and all documents
required in connection with the acquisition of the Real Estate pursuant to the terms and conditions of the
Negotiated Settlement (the "Acquisition Documents").
3. That the members of CRC hereby are authorized to delegate the execution of the
Acquisition Documents to appropriate representatives of CRC.
Page One of Two Pages
Passed by the Redevelopment Comniissioh of the City of Carmel, Indiana, this BTAday of March;
1999, by a vote of 3 ayes and 8 Bays.
CITY OF CARMEL REDEVELOPMENT COMMISSION
Adopted:
A.:Roesch,
Susan Western ie11r, Vice President
N-
Amy Bold#, ecretary
Ronald Carter
ATTE
7
Signature/ li e Q
Date:
Prepared by Wallack Somers& Haas, Special CounclLto CRC
CRC Resolution No. 9199
Page Two of Two Pages
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