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HomeMy WebLinkAboutB-2025-006-2026-Park-Impact-Fee-Fund-106-AppropriationRESOLUTION B-2025-006 A RESOLUTION OF THE CARMEL/CLAY BOARD OF PARKS AND RECREATION ADOPTING THE PROPOSED 2026 PARK IMPACT FEE FUND (106) BUDGET FOR CONSIDERATION BY ITS FISCAL BODIES WHEREAS, the Carmel/Clay Board of Parks and Recreation (the “Park Board”) is a political subdivision created and authorized to administer the Carmel/Clay Department of Parks and Recreation (“the Department”) pursuant to that certain agreement entitled “Interlocal Cooperation Agreement” signed by the respective authorized officials of Clay Township, Hamilton County, Indiana and City of Carmel, Indiana on July 30, 2002 and effective January 1, 2003, as amended from time to time; and WHEREAS, the Park Board, pursuant to the Interlocal Cooperation Agreement, is required to prepare and submit an annual budget to the Common Council of the City of Carmel and Clay Township Board; and WHEREAS, this budget is funded by accumulated Park and Recreation Impact Fees collected to the current Zone Improvement Plan. WHEREAS, the Park Board’s Finance Committee has reviewed the proposed budget to ensure that it adequately meets the financial needs of the Department and recommends its approval. NOW, THEREFORE, BE IT RESOLVED that the Carmel/Clay Board of Parks and Recreation hereby adopts the proposed 2026 Park Impact Fee Fund (106) Budget as set forth in Exhibit A attached hereto and incorporated herein by this reference for consideration by the Common Council of the City of Carmel. APPROVED AND ADOPTED by the Carmel/Clay Board of Parks and Recreation this 12th day of August 2025, by a vote of 7 ayes and 0 nays. CARMEL/CLAY BOARD OF PARKS AND RECREATION Judith F. Hagan, President Aye Nay Absent Jenn Kristunas, Vice-President Aye Nay Absent Mark Westermeier, Treasurer Aye Nay Absent Katie Muller, Secretary Aye Nay Absent Jonathan Blake Aye Nay Absent James D. Garretson Aye Nay Absent Josh Orahood Aye Nay Absent Jon Shapiro X X X X X X X X Docusign Envelope ID: F7BB909D-6C67-4B77-82FF-7AAD3E5F5E5E Resolution B-2025-006 Page 2 Aye Nay Absent Riddhi Shukla Aye Nay Absent CERTIFICATION I certify under the penalties of perjury that the foregoing members of the Carmel/Clay Board of Parks and Recreation voted as indicated above at a public meeting on August 12, 2025. Jenn Kristunas, Vice President X Docusign Envelope ID: F7BB909D-6C67-4B77-82FF-7AAD3E5F5E5E CARMEL CLAY PARKS & RECREATION 2026 BUDGET 106: Park Impact Fee Fund ACCOUNT 2025 BUDGET 2026 BUDGET CHANGE FROM 2025 BUDGET NOTES CAPITAL OUTLAY 4460716 Bear Creek Park $1,684,794.00 $2,000,000.00 $315,206.00 19% a) Phase 2 Development $2,000,000.00 TOTAL CAPITAL OUTLAY $1,684,794.00 $2,000,000.00 - TOTAL EXPENSES $1,684,794.00 $2,000,000.00 $315,206.00 19% Resolution B-2025-006 Exhibit A Fund 106 - Summary Docusign Envelope ID: F7BB909D-6C67-4B77-82FF-7AAD3E5F5E5E