Resolution 2020-12 (Amendment to Smokey and Monon allocation area)
RESOLUTION NO. 2020-12
RESOLUTION OF THE CITY OF CARMEL REDEVELOPMENT COMMISSION
AMENDING THE DECLARATORY RESOLUTION AND THE DEVELOPMENT PLAN
FOR THE OLD TOWN ECONOMIC DEVELOPMENT AREA
WHEREAS, the City of Carmel Redevelopment Commission (the “Commission”)
pursuant to IC 36-7-14 (the “Act”) serves as the governing body of the City of Carmel
Redevelopment District (the “District”); and
WHEREAS, the Commission has previously adopted and confirmed resolutions
(collectively, the “Declaratory Resolution”) which established and amended an economic
development area known as the “Old Town Economic Development Area” (the “Economic
Development Area”), approved a development plan for the Economic Development Area (the
“Plan”) pursuant to the Act, and designating portions of the Economic Development Area as
“allocation areas” pursuant to Section 39 of the Act, including an allocation area designated as
the “Smokey & Monon Allocation Area”; and
WHEREAS, the Commission now desires to amend the Declaratory Resolution and Plan
to remove the area described on Exhibit A attached hereto from the Smokey & Monon
Allocation Area (the “2020 Amendment”); and
WHEREAS, the 2020 Amendment and supporting data were reviewed and considered at
this meeting; and
WHEREAS, Sections 41 and 43 of the Act permit the creation of “economic
development areas” and provide that all of the rights, powers, privileges and immunities that may
be exercised by this Commission in a redevelopment area or urban renewal area may be
exercised in an economic development area, subject to the conditions set forth in the Act; and
WHEREAS, Section 39 of the Act has been created and amended to permit the creation
and expansion of “allocation areas” to provide for the allocation and distribution of property
taxes for the purposes and in the manner provided in said Section; and
WHEREAS, this Commission deems it advisable to apply the provisions of said Sections
39, 41 and 43 of the Act to the 2020 Amendment; and
WHEREAS, the Commission now desires to approve the 2020 Amendment.
NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Redevelopment
Commission, governing body of the City of Carmel Redevelopment District, as follows:
1. The public health and welfare will be benefited by the 2020 Amendment.
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2. It will be of public utility and benefit to amend the Declaratory Resolution as
provided in the 2020 Amendment and to continue to develop the Economic Development Area
under the Act.
3. The Declaratory Resolution, as amended by this Resolution, conforms to the
comprehensive plan of development for the City.
4. The 2020 Amendment is reasonable and appropriate when considered in relation
to the Declaratory Resolution and Economic Development Plan and the purposes of the Act.
5. The findings and determinations set forth in the Declaratory Resolution and the
Economic Development Plan are hereby reaffirmed with respect to the remainder of the Smokey
& Monon Allocation Area.
6. The parcels described in Exhibit A are hereby removed from the Smokey &
Monon Allocation Area, and the 2020 Amendment is hereby in all respects approved. The base
assessed value of the Smokey & Monon Allocation Area shall be adjusted to reflect the removal
of these parcels from the Allocation Area.
7. This Resolution, together with any supporting data, shall be submitted to the City
of Carmel Plan Commission (the “Plan Commission”) and the Common Council of the City (the
“Council”) as provided in the Act, and if approved by the Plan Commission and the Council,
shall be submitted to a public hearing and remonstrance as provided by the Act, after public
notice as required by the Act.
8. The officers of the Commission are hereby authorized to make all filings
necessary or desirable to carry out the purposes and intent of this Resolution.
9. The provisions of this Resolution shall be subject in all respects to the Act and
any amendments thereto.
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Adopted the 17th day of June, 2020.
CITY OF CARMEL REDEVELOPMENT
COMMISSION
____________________________________
President
____________________________________
Vice President
____________________________________
Secretary
____________________________________
Member
____________________________________
Member
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EXHIBIT A
Description of the parcels to be removed from the Smokey & Monon Allocation Area
The following parcels shall be removed from the Smokey & Monon Allocation Area.
PARCEL ID NUMBERS:
17-09-24-00-00-031.401
17-09-24-00-05-004.001
DMS 17523511.1
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