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HomeMy WebLinkAboutPublic Notice NOTICE OF ADOPTION OF A RESOLUTION OF THE CITY OF CARMEL, HAMILTON COUNTY, INDIANA, REDEVELOPMENT COMMISSION DECLARING THE LEGACY PROJECT ECONOMIC DEVELOPMENT AREA, APPROVING AN ECONOMIC DEVELOPMENT PLAN AND ESTABLISHING AN ALLOCATION AREA FOR PURPOSES OF TAX INCREMENT FINANCING AND OF A PUBLIC HEARING RELATING THERETO Notice is hereby given that the City of Carmel, Hamilton County, Indiana, Redevelopment Commission (the "Commission the governing body of the City of Carmel Department of Redevelopment and the Redevelopment District of the City of Carmel, Indiana, on May 21, 2008, approved and adopted a resolution (the "Declaratory Resolution declaring that an area within the City of Carmel, Hamilton County, Indiana (the "City designated as the "Legacy Project Economic Development Area" (the "Economic Development Area is an economic development area within the meaning of Indiana Code 36 -7 -14, as amended (the "Act which Economic Development Area is more particularly described as on file in the office of the Department of Redevelopment, Carmel City Hall, One Civic Square, Carmel, Indiana. The Declaratory Resolution further found and determined, based on the evidence submitted to the Commission, that the public health and welfare will be benefited by the accomplishment of the Economic Development Plan (referred to below) for the Economic Development Area, and that the establishment of the Economic Development Area will be of public utility and benefit as measured by the attraction of permanent jobs, an increase in the property tax base, improved diversity of the economic base or similar benefits. The Declaratory Resolution further declared that for purposes of the allocation provisions of Section 39 of the Act, the entire Economic Development Area shall constitute an allocation area, as defined in the Act. The Declaratory Resolution further approved and adopted an economic development plan to serve as the Economic Development Plan for the Economic Development Area. Notice is further given that on Wednesday, August 20, 2008, at 6:30 p.m. (local time), in the Council Chambers, Second Floor, Carmel City Hall, located at One Civic Square, Carmel, Indiana, the Commission will conduct a public hearing to receive and hear persons interested in or affected by the proceedings pertaining to the proposed Project for the redevelopment or economic development of the Economic Development Area and to determine the public utility and benefit of such Project. Maps and plats of the Economic Development Area have been prepared and can be inspected along with the Economic Development Plan in the office of the Department of Redevelopment, located at Carmel City Hall, One Civic Square, Carmel, Indiana. CITY OF CARMEL, HAMILTON COUNTY, INDIANA, REDEVELOPMENT COMMISSION /s/ Ron Carter, President TO BE PUBLISHED ONE TIME ON AUGUST 8, 2008, IN THE INDIANAPOLIS STAR AND ON AUGUST 9, 2008, IN THE NOBLESVILLE LEDGER AND POSTED ON AUGUST 8, 2008, AT CITY HALL. BDDB01 5358705v1