HomeMy WebLinkAboutMemorandum of Garage Option City Center - TERMINTATION Cross Reference
The Memorandum of Garage Option Agreement terminated by this Termination (Memorandum of Garage
Option Agreement) is recorded as Instrument Number 2008024090 in the Office of the Hamilton County
Recorder.
TERMINATION
Memorandum of Garage Option Agreement
This Termination(Memorandum of Garage Option Agreement)(the"Termination"),executed
by and between The City of Carmel Redevelopment Commission ("CRC"),and Carmel City Center, LLC (the
"Developer'), successor in interest to its affiliate, Pedcor Office, LLC, as of October 29, 2013, Witnesses:
Recitals
WHEREAS, CRC and Developer executed that certain Garage Option Agreement dated
December 31, 2007 (the "Agreement");
WHEREAS, CRC and Developer executed that certain Memorandum of Garage Option
Agreement that is recorded as Instrument Num ber2008024090 in the Office of the Hamilton County Recorder
(the "Memorandum");
WHEREAS, pursuant to that certain Third Amendment to Master Project Agreement dated
December 7, 2011 (the "MPA Third Amendment"), CRC and Developer terminated the Agreement;
WHEREAS, accordingly, from and after December 7,2011,the Agreement has had no force
or effect;
WHEREAS, the MPA Third Amendment contemplated that, if the Agreement or a
memorandum thereof was recorded, then the parties would execute and record a termination of the
Agreement or such memorandum thereof;
WHEREAS, the parties neglected to record such a termination; and
WHEREAS, the parties seek to record this Termination;
Agreement
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are acknowledged hereby, CRC and Developer represent and acknowledge that the Agreement was
terminated on, and has had no force or effect since, December 7, 2011. Accordingly, by this Termination,
CRC and Developer terminate the Memorandum.
IN WITNESS WHEREOF,CRC and Developer have executed this Termination as of the date
set forth above.
THE CITY OF CARMEL REDS LOPMENT
COMMIS/ION /r
William Hammer, Pr si nt
STATE OF INDIANA ) 1
) SS:
COUNTY OF MARION
Before me, a Notary Public in and for the State of Indiana, personally appeared William
Hammer,the President of The City of Carmel Redevelopment Commission,who acknowledged the execution
of the foregoing Termination (Memorandum of Garage Option Agreement) on behalf of such entity.
WITNESS my hand and Notarial Seal as of the 29th day of October, 2013.
By: y / . _
Notary Publi
Printed Name:
CARLA J.ARNOLD
g Notary Public,State of Indiana
I am a resident of— _____ County, Indiana. ,;, Marion cnnnty
My commission Expires
My commission expires May 14,2015
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Option Agreement\Termination of Memo of Garage Option Agreementwpd -2-
IN WITNESS WHEREOF,CRC and Developer have executed this Termination as of the date
set forth above.
CARMELd(,CITY CENTER, LLC �yp
By: ___194 .14.s.„ )it 2&fl '
Dolores M.Krohne,Senior Vice-President
STATE OF INDIANA )
SS:
COUNTY OF HAMILTON )
Before me, a Notary Public in and for the State of Indiana, personally appeared
Dolores M. Krohne, Senior Vice-President of Carmel City Center, LLC, who acknowledged the execution of
the foregoing Termination (Memorandum of Garage Option Agreement) on behalf of such entity.
WITNESS my hand and Notarial Seal as of the ay of • sber, 2013.
t
("--------13Y: __� _ —�146 ►
Notary Public
Printed Name: cf) S fvCC
I am a resident of is __ County, Indiana.
My commission expires �/o�rj aQ _
l 111 .• ,.o...,, JESUS C.RIVERA
;'Fuorrnv '. Hamilton County
a;. My Commission Expires
.i p;,„a:= August 28,2020
Return following recording to, and this instrument was prepared by, Jennifer R. Shoup, Attorney-At-Law,
Wallack Somers & Haas, One Indiana Square, Suite 2300, Indianapolis, Indiana 46204. I affirm, under the
penalties for perjury, that I have taken reasonable care to redact each Social Security number in this
document, unless required by law. Jennifer R. Shoup, Attorney-At-Law.
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