HomeMy WebLinkAboutCRC-2010-6 Appointment of London Witte as CRC treasurer CITY OF CARMEL REDEVELOPMENT COMMISSION
RESOLUTION NO. (L -2010
WHEREAS, pursuant to IC §36- 7- 14 -8(b), CRC may: (a) appoint a treasurer who need not
be a member of CRC; and (b) provide for the payment of compensation to the appointed treasurer;
WHEREAS, pursuant to IC §36- 7- 14 -8(b), the appointed treasurer is to have charge over,
and be responsible for, the administration, investment, and disbursement of all funds and accounts of CRC
in accordance with the requirements of IC §36 -7 -14 (the "Statutory Financial Duties and
WHEREAS, CRC desires to appoint London Witte Group LLC "LWG as its treasurer to
perform the Statutory Financial Duties on behalf of CRC, subject to the execution by CRC and LWG of a
mutually acceptable engagement letter setting forth the terms for: (a) performance by LWG of services to
CRC; and (b) payment of compensation by CRC to LWG (the "Engagement Letter
NOW, THEREFORE, BE IT RESOLVED THAT:
1. CRC hereby appoints LWG as its treasurer to perform the Statutory Financial Duties on behalf of
CRC, subject to the execution by CRC and LWG of the Engagement Letter.
2. Ronald E. Carter, as President of CRC, hereby is authorized to execute the Engagement Letter and
any and all other documents: (a) relating to the appointment by CRC of LWG as its treasurer; and (b) enabling
LW G to perform the Statutory Financial Duties on behalf of CRC (collectively, the "Engagement Documents
which Engagement Documents shall be on terms and conditions: (a) consistent with this Resolution; and
(b) otherwise as determined by Ronald E. Carter, as President of CRC, to be necessary or appropriate.
3. Ronald E. Carter, as President of CRC, hereby is authorized to delegate the execution of the
Engagement Documents to another member of CRC in his absence.
Passed by the City of Carmel Redevelopment Commission this 28 day of June, 2010, by
a vote of ayes and 0 nays.
CITY OF CARMEL REDEVELOPMENT COMMISSION
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Ronal• E. Carter, Pr= dent
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