Loading...
HomeMy WebLinkAboutCRC-04-2001 Parkwood EDAn RESOLUTION CONFIRMING THE RESOLUTION OF THE CARMEL REDEVELOPMENT COMMISSION ADOPTED ON JANUARY 10, 2001; ENTITLED "DECLARATORY RESOLUTION OF THE CARMEL REDEVELOPMENT COMMISSION" RESOLUTION NO.. _42 O'O I WHEREAS, the Carmel ("City") Redevelopment Commission ("Commission") on January 10, 2001, adopted a declaratory resolution entitled "Declaratory.Resolution of the Carmel Redevelopment Commission" ("Declaratory Resolution") establishing the Parkwood Economic Development Area ("Area") as an economic development area under IC 36-7-14 and IC 36-7-25; and WHEREAS, the Declaratory Resolution approved the Economic Development Plan presented at the January 10, 2001 meeting of the Commission, which Economic Development Plan contained specific recommendations for economic development of the Area, including road, water and sewer infrastructure and other related improvements as further described in the Economic Development Plan ('Projects"); and WHEREAS, the Declaratory Resolution recognized that there were no current plans for the acquisition of real estate by the Commission. within the Area; and WHEREAS, the Declaratory Resolution established an allocation area within the Area ("Allocation Area") in accordance with IC 36-7-14-39; and WHEREAS, the Commission submitted the Declaratory Resolution and supporting data to the Carmel Clay Plan Commission ("Plan Commission") and thePlan Commission issued its written order approving the Declaratory Resolution and the Economic Development Plan as submitted; and WHEREAS, the Common Council approved the order of the Plan Commission; and WHEREAS, the Commission has found that there will.be no residents of the Area who will be displaced by the Projects; and WHEREAS, the Commission published notice in The Daily Ledger and posted notice at the City Hall of the adoption and substance of the Declaratory Resolution in accordance with IC 36-7- 14-17 and IC 5-3-1 on March 2, 2001, which notice also gave notice of a hearing on the proposed Projects to be held by the Commission; and WHEREAS, the notice described in the preceding paragraph was also filed in the office of the Plan Commission, the Board.of Zoning Appeals, the Public Works Board, the Park Board, the Building Commissioner and any other departments, bodies or officers having to do with City planning, variances from zoning ordinances, land use or the issuance of building permits; and 738617.2 WHEREAS; copies of 'the; notice were also 'filed on March-'2, 2001, with the officer authorized to fix bvdgets,;tax rates and tax levies under IC 6-1.1-17-5 for each taxing unit that is either wholly or`partly' located within the proposed Allocation Area, together, with a statement disclosing fh_e impact of the Allocation Area,, including the. following; (A) The estimated economic benefits and costs incurred by the Allocation Area, as measured by increased 6thployitrent and anticipated growtl of real property, personal property and inventory, aassessed values; and (B) The anticipated impact on:tax revenues of each taxing unit; and WHEREAS' the Commission now desires to limit''the cost ofthe proj ects_tbatmay'be funded in the Aiea;,arid WHEREAS', the Commission.also desires to limit-the nature of the,projects that may be funded in the Area; and, WHEREAS, the Commissionon,Mareh 14',.2001, conducted a public hearing at which the Commission heard "allpersons interested in the proceediiigs,and considei'edall written remonstrances and:objections,that"were filed; NOW, THEREFORE:, BE IT RESOLVED BY THE CARMEL REDEVELOPMENT COMMISSION THAT: 1. The Commission has considered the evidence presented and now finds and determines' that it will be. of public utility and benefit to proceed with the establisliment of the Afea- and the-Projects -in,,serving or henefitting..the.tkrea.. 2. The'Declaratory Resolution and -Economic Development Plan approved by the Commission.on,3anuary 10, copies'ofw6ich are attached'hereto and incorporated herein, are hereby confirmed; 3. (a) The Commission-hereby limits. the cost of the construction of the Projects, if undertaken, to a maximum of $ 7( , ocO. (b) The Commission hereby limits the nature, of the Projects to be funded by the Commission, if any,'to only those portions of the Projects that are wholly located within,the public right0 way. 4. The,Secrctary'is instructed'to submit this Resolution to the, Common Council for approval of the establishment of the Area. `-2 - 73s617.2 5. The ;Secretary is hereby:directed to record this•Resolution with the Hamilton County Recoidei, immediately to notify the State Board of Tax Commissionersof the.designation of the Allocation, Area within'the.Area and to,file,this resolution with the Hamilton, County Auditor. Adopted ata_meeting of the Carmel Redevelopment Commission held March 14,2001, in the City Hall; in the City of. Carmel, Hamilton County,; Indiana.. CARMEL REDEVELOPMENT COMMISSION Ll? President Vice-l'iesid nt Seer rN-1,o ATTEST: Greta This instrument prepared by Thomas K. Downs, Ice, Orje:American Square, :Box 82001, Indianapolis, Indiana 46282. 73 fib 17.2 -3