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1969 Carmel/Clay TwpZONING AGREE ~V~ENT THIS AGREEMENT, made and entered into by and between the Town of Carmel', Indiana, hereinafter referred to as Town and Clay Township of I-Iamilton County, Indiana: hereinafter referred to as Township, WITNESSETH: WHEREAS, the Town and Township on the 2nd day of A4ay0 1961, entered into an agreement b~ the terms of which the Township was joined to the Town of Carmel for the purpose of zoning; and WHEREAS, it is agreed that the Town and Township would review the anticipated expenses and income to be derived from the operation of the Zoning Law of the Town of Carmel each year, in sufficient.time for the Township to include within its budget a pro- portionate p@rt of the anticipated zoning expense for the combined area of said town and township; and WHEREAS, pursuant to said agreement the Township did include within its budget for the year 1969 the sum of Seven Thousand Dollars ($7,000..00) for regular zoning purposes. NOW THEREFORE, it is mutually agreed by and between the Town and Township that: 1. The' Township agrees to pay the sum of Three Thousand Five Hundred Dollars ($3,500.00) unto the Town on or before July 15, 1969, and the additional sum of Three Thousand Five Hundred Dollars ($3,500.00) to the Town on or before December 31, 1969. 2. The Town agrees to accept Seven Thousand Dollars ($7, 000.00) and to use and apply the same o_nJh_e..c_o_ss~o_f_ope__ration of pla___nni_.gng and zonin_g . ordinances for the combined territory of the town and township, said total sum of. Seven Thousand Dollars ($7, 000.00) to be supplemental to all funds received and collected by the Town by way of fees for building permits, etc. -2- 3. It is further agreed that the Town and Township will review the income and expenses incurred in the operation of the zoning ordinances for said town and township since the effective date of the joinder agree- meat, and up to the first day of July, 1969, and that from said review the Town and Township will nego- tiate to determine the, share of the zoning expenses anticipated in the year 1970 which should be raised by @. levy upon the township by way of taxes for 1969 payable in the Year 1970. IN WITNESS WI~EREOF, the Town and the Township by and through their duly elected, qualified and acting officials, have here- unto caused their names to be affixed and their seals to be affixed this ~l~f day of January, 1969. TOWN OF CARIV[EL, INDIANA ATTEST: ~erkt~-Tre asure Trustee, Clay Township Advisory Board