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1985 Carmel/Clay TwpO© THIS AGREEMENT, ZONINGAGREEMENT ].985 made and entered into by and between the -City of Carmel, Indiana, ~hereinafter referred to as C~ty~ .and Clay Township of Hamilton County) Indiana hereinafter referred to as Township, WITNESSETH: . · WHEREAS, the City and Township on the 2nd day of May, 1961, entered into an agreement by the terms of which the Township was joined to the Town of Carmel for the purpose of zoning, and WHEREAS, in a.preliminary discussion the City and Township ~ade an estimate of anticipated expenses and income to be derived from the operation of the zoning law of the City for the year 1985, and WHEREAS, 'the Towhship included.within .its budge~. ~for the 1985 the sum of Sixty-one Thousand Seven Hundre~ Twenty£Four year ' Dollars ($61,724.00) which represented thirty-nine p~cen~ (39%,) of the preliminary estimate made for the ~ost of operating the. .zoning law in 1985, and NOW, THEREFORE, it is mutually agreed by and between the City. and Township that: 1. The Township agrees to pay the sum of Thirty-One .Thousand'Dollars ($31,000.00) unto the City on or before July 12, ·· 1985, and the additional sum of Thirty Thousand Seven Hundred Twenty-Four DOllars ($30,724.00) to the City ~in or before Dqcembe '31, 1985. ' ' 2. The City aqrees to accept and use said funds to' supplement other funds available for the operation of the Plan. 'Commission, the Board of zoning Appeals, and the Office of Com~unity.~Development, 3. The City agrees to furnish a Complete statement' as to the. incom~ ahd expenditures for zoning quarterly, by calendar quarters. 4. ,At the end of the year 1985, th'e.total of'all expendi- shall be computed tures made in the year. 1985 for zoning expense~ and from that amount' all income received by the City in connec~io9 with the operation of the zoning 'laws o~ the City shall be '~educted and the net cost to the taxpayers shall thereby'~e computed. If the amount of the cost of the taxpayers, for the yea~, 1985 i's less than One Hundred Fifty-Eight Thousand Two Hundred Sixty-Seven Dollars ($158,267.00), then and in t~at~ event, the money budgeted and unspent shall be applied'against the budge~ for 1986, and the pro-rata share of the Towhship of [he bud.get for 1986 shall be reduced accordingly. IN wITNEss WHEREOF~ the City and the To~nship by and through their duly elected, qualified and acting officials, have hereuntO caused, their names tO be affixed and thei~ as of this __~~ ~/ , Board of ~ublic Works and Safety: Date: ~L~ e~n~c~/, C ~r~reasurer seals ~o be affixed 1985. CITY OF CARMEL Hamilton County, Indiana /J~ne A, Reldan,, Mayor~ Zoning Ag ~e~ Approved: Clay Township Advisory Date: Board ge~. Thr~e CLAY TO~rNSHip. , Hamilton County, Indiana