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1984 Carmel/Clay TwpCARMEL CLAY ZONING AGREEMENT 1984 THIS AGREEMENT entered into by and between the City of Carmel, Hamilton County, Indiana, hereinafter called "City" and Clay Township, Hamilton County, Indiana, "Township" as of the 1st day of January, WITNESSETH: WHERAS, the City (formerly Town) and Township on hereinafter called 1984, 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 ~EREAS, in a preliminary discussion the City and Township made an estimate of anticipated expenses and income to be derived from the operation of the zoning law of the City for the year 1984, and WHEREAS, the Township included within its budget for the year 1984 the sum of Fifty-Seven Thousand Seven Hundred Sixty-Three Dollars ($57,763.00) which represented forty percent (40%) of the preliminary estimate made for the cost of operating the zoning law in 1984, and NOW, THEREFORE, it is mutually agreed by and between the City and Township that: 1. The Township agrees to pay the sum of Twenty-Nine Thousand Dollars ($29,O00.O0) unto the City on or before July 14, Carmel Cla onin reement 1984 Page 2 1984, and the additional sum of Twenty-Eight Thousand Seven Hundred Sixty-Three Dollars ($28,763.00) to the City on or before December 31, 1984. 2. The City agrees 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 Department of Community Development. 3. The City agrees to furnish a complete statement as to the income and expenditures for zoning quarterly, by calendar quarters, k 4. At the end of the.year 1984, expenditures made in the year 1984 the total of all for zoning expenses shall be computed and from that amount all income received by the City in connection with the operation of the zoning laws of the City shall be deducted and the net cost to the taxpayers shall thereby be computed. If the amount of the cost ofjthe taxpayers for the year 1984 is less than One Hundred Forty-Four Thousand Four Hundred Eight Dollars ($144,408.00), then and in that event, the money budgeted and unspent shall be applied against the budget for 1985, and the pro-rata share of the Township of the budget for 1985 shall be reduced accordingly. 5. This agreement shall be in full force and effect as of the 1st day of January, 1984, and 'continue until the 31st day 'of December, 1984, unless both parties agree in writing to any change. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals as of the 1st day of January, 1984. Carmel Cla ning reement 1984 Page CITY OF CARMEL Hamilton County, Indiana Attest: ,Clerk Tre~d~(rer Approved: CLAY TOWNSHIP Hamilton County, Indiana /~fi~'tbe off Clay Date Date Date