HomeMy WebLinkAboutCRC-2012-08 Restructure 4CDC Board/Addition of Council Appointee CITY OF CARMEL REDEVELOPMENT COMMISSION
RESOLUTION NO. -2012
WHEREAS, Carmel City Center Community Development Corporation ("4CDC") is a
community development corporation formed for the purpose of constructing, rehabilitating, and/or repairing
commercial property within the district;
WHEREAS, 4CDC seeks approval to amend the Articles of Incorporation of Carmel City
Center Community Development Corporation (the "Articles") so that one member of the Board of Directors
of 4CDC (the"Board")shall be appointed by each of: (a)the Mayor of the City of Carmel, Indiana(the"City");
(b)the City of Carmel Redevelopment Commission ("CRC"); and (c) the Common Council of the City (the
"Common Council") (collectively, the "Amendment to Articles");
WHEREAS, 4CDC further seeks approval to amend the Bylaws of Carmel City Center
Community Development Corporation (the"Bylaws")so that one member of the Board shall be appointed by
each of: (a)the Mayor of the City; (b) CRC; and (c)the Common Council;
WHEREAS,the Articles require that any amendment thereto shall be approved in writing by
CRC; and
WHEREAS,both the Articles and the Bylaws require that any amendment to the Bylaws shall
be approved in writing by CRC;
NOW,THEREFORE, BE IT RESOLVED THAT:
1_ CRC hereby approves: (a) the Amendment to Articles; and (b)the Amendment to Bylaws.
2. The President of CRC (the "President") hereby is authorized to execute any and all notices,
certificates, documents, or instruments required by, or relating to: (a) the Amendment to Articles; and/or
(b)the Amendment to Bylaws (collectively,the"CRC Documents");which CRC Documents shall be on terms
and conditions: (a) consistent with this Resolution; and (b) otherwise as determined by the President to be
necessary or appropriate.
2. The Vice President of CRC hereby is authorized to execute any of the foregoing in the President's
absence.
Z:1Documents'Shoup,JennylCity of Carmel\Resolutions\4CDC-Grants
etclApproval of Amendment to 4CDC Articles and Bylaws II.v2.wpd
Passed by the City of Carmel Redevelopment Commission this_rdayof 0(;1-00r.' _
2012, by a vote of 3 ayes and _ ( nays.
CITY OF CARMEL REDEVELOPMENT COMMISSIQN
By: _ / V` ,t��
William �e�, -sident
By.bJ n -
l �-•f - t
David C. Bowers, Vice Preside
By: .
. Meyer, Secret. y
B ' � A _ 2
Worrell
By:
Carolyn E. Anker
Z:\Documents\Shoup,JennylCity of Carmel\Resoiutlons\4CDC•Grants
etcfApproval of Amendment to 4CDC Articles and Bylaws II.v2.wpd -2-