Loading...
HomeMy WebLinkAboutCRC-09-2001 Huffer PropertyCITY OF CARMEL REDEVELOPMENT COMMISSION RESOLUTION No. 9-2001 WHEREAS,.James E..and Betty J. Huffer, the owners of real property located at 800 South Range Line Road, Carmel, Indiana 46032 (the "Huffer Property") have filed against the City, in Hamilton Superior Court No. 3, a "Verified Complaint for Temporary Restraining Order, Permanent Injunction, Declaratory Judgment, and Damages", designated as Cause No. 29 D 03-0107-CP-88, in which the owners have sought to obtain a judicial riling that the Goodyear store formerly located on the Huffer Property should be.allowed to re-open; and WHEREAS, the referenced Cause was set for a hearing by the Court for July 20, 2001, but the parties tentatively agreed to a partial settlement of the action before the hearing was held; and WHEREAS, Counsel for the City agreed, subject to the-approval of the Redevelopment Commission, that the referenced Cause should be converted to an inverse condemnation action, under which the taking of the Huffer Property would be approved by both parties and the City would deposit with the Court the amount.of $700,000, in lieu of such amount as would otherwise be determined pursuant to a report of court-appointed appraisers, with both parties reserving the right to further litigate respecting the amount of damages as a result of such taking; NOW, THEREFORE, the Carmel Redevelopment Commission hereby provisionally approves such partial settlement of the referenced Cause, including the deposit of $700,000 in respect to the taking of the Huffer Property, subject to the filing of all necessary pleadings to duly convert the Cause to an inverse condemnation action, with the right of the City to litigate the issue of damages and with the Chair of the Redevelopment Commission to review and approve the provisions of all such pleadings before their filing. Adopted this 7ch day of August, 2001, by a vote of 5 ayes and 0 nays, vredevccm Vesolu6on 9-2001.doc