HomeMy WebLinkAboutCRC-08-2000 Four Seasons Beauty Salon PropertyCITY OF CARMEL REDEVELOPMENT COMMISSION
RESOLUTION NO. 9-.4000
WHEREAS, Barbara Ann Godby, dlbla Four Seasons Beauty Salon (the "Tenant') currently
leases premises located at 20 1 st Avenue S.W., Carmel, Indiana (the "Leased Premises") pursuant to a lease
dated March 10, 1995 (the "Lease");
WHEREAS, pursuant to the Lease, Tenant operates a beauty salon (the "Business') in the
Leased Premises;
WHEREAS, on February 3, 2000, The City of Carmel Redevelopment Commission ("CRC")
acquired the property on which the Leased Premises is located (the "Property");
WHEREAS, as part of the acquisition of the Property, CRC received an assignment of the
Lease;
WHEREAS, CRC plans to incorporate the Property, together with additional property
identified by CRC (collectively, the "Old Town Property"), into the "Old Town" redevelopment project (the "Old
Town Project");
WHEREAS, as part of the Old Town Project: (a) the buildings on the Old Town Property,
including the building in which the Leased Premises is located, will be demolished; and (b) new buildings, will
be constructed;
WHEREAS, CRC desires for Tenant to vacate the Leased Premises to facilitate
commencement of construction of the Old Town Project;
WHEREAS, since acquisition of the Property,.CRC has been assisting certain tenants of the
Property with relocation of their businesses to new locations either in the Old Town Project or in other
locations in the City of Carmel, Indiana;
WHEREAS, Tenant intends to vacate the Leased Premises and relocate the Business to a
location outside of the Old Town Project (the "Relocation Premises");
WHEREAS, CRC and Tenant have reached an agreement pursuant to which CRC shall
assist Tenant with moving and other expenses incurred by Tenant in connection with the relocation of the
Business to the Relocation Premises; and
WHEREAS, CRC desires to authorize: (a) the execution of a settlement agreement in
substantially the form attached hereto (the "Settlement Agreement'); and (b) the payment by CRC to Tenant
of $3,535.00 (the "Relocation Allowance") in accordance with the terms and conditions of the Settlement
Agreement;
NOW, THEREFORE, BE IT RESOLVED THAT
1. CRC hereby authorizes: (a) the execution of the Settlement Agreement; and (b) the payment by CRC
of the Relocation Allowance in accordance with the terms and conditions of the Settlement Agreement.
2. The members of CRC hereby are authorized to execute any and all documents required in connection
with the execution of the Settlement Agreement and the payment by CRC of the Relocation Allowance in
accordance with the terms and conditions of the Settlement Agreement (the "Acquisition Documents")..
3. The members of CRC hereby are authorized to delegate the execution of the Acquisition Documents
to appropriate representatives of CRC.
Passed by the Redevelopmen Commission of the City of Carmel, Indiana, this 12th day of April, 2000, by
a vote of ? ayes and nays.
CITY OF CARMEL REDEVELOPMENT COMMISSION
By: ? d ` W4 By: -
By:
E. Carter
Diana L. Cord
Clerk-Treasurer
by Wallack Somers & Haas, Special Counsel to CRC