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HomeMy WebLinkAbout1996-R-5 /Y *-1 V1 ,94t,4 , /6/rri RESOLUTION NO. 5 -96 CO RESOLUTION AMENDING THE RESOLUTION OF THE JEFFERSONVILLE REDEVELOPMENT COMMISSION ENTITLED "DECLARATORY RESOLUTION OF THE JEFFERSONVILLE REDEVELOPMENT COMMISSION" rt WHEREAS, the Jeffersonville ( "Cit " ( "Commission ") did on December 22, 1995 Redevelopment Commission resolution ( "Declaratory Resolution") 1995, adopt a declaratory ) establishing the Inner City Road Economic Development Area II/ ( "Area ") and the Declaratory Resolution was confirmed by a Confirmatory Resolution ado ted on February 28, 1996; P WHEREAS, the Declaratory Resolution approved the Economic Development Plan ( "Plan ") which Plan contained specific recommendations for economic development in the Area; - WHEREAS, the Declaratory Resolution established an allocation area in accordance with IC 36- 7 -14 -39 ( "Allocation Area") purpose of capturing property taxes generated from the incremental assessed value of real property located in the Allocation Area; WHEREAS, the Jeffersonville Common Council approved creation of the Area and the Allocation Area; the WHEREAS, the Commission now desires to amend the Declaratory (01, Resolution as confirmed by the Confirmatory Resolution and the P n to add certain real estate to the Area and the Allocation Area and to authorize the Commission to construct infrastructure improvements in the expanded Area; WHEREAS, IC 36 - 7 -14 -17.5 authorizes the Commission to amend the Declaratory Resolution, after conducting it finds that: , onductin a i g public hearing, if 1. The amendment is reasonable and appropriate when considered in relation to the Declaratory Resolution and the .:.; purposes of IC 36-7-14; and Plan and the 2. The Declaratory Resolution and the Plan, with the proposed amendment, conform to the Jeffersonville Comprehensive Plan; WHEREAS, on April 17, 1996, the Commission published notice of the substance of a proposed amendment to the Declaratory Resolution in accordance with IC 36 - 7 -14 -17.5 and IC 5 -3 -1 in the Clark County Journal and The Evening News, which notice also gave notice of a hearing on the proposed amendment to be held by the Commission; and notice to neighborhood associations and property owners; and WHEREAS, the Commission on May 1, 1996, conducted a public hearing at which the Commission heard all persons interested in the proceedings and considered all written remonstrances and objections that were filed; C ur, NOW, THEREFORE, E, BE IT RESOLVED by the Jeffersonville Redevelopment Commission that: 1. The Declaratory Resolution and the Plan are hereby amended If to enlarge the boundaries of the Area and the Allocation Area to include the real estate described in Exhibit A and to authorize the Commission to contract for infrastructure improvements in the CI; Resolution 5 -96 Page 2 4. The Secretary is instructed to submit this Resolution to the Common Council for approval of the enlargement of the Area 5. The Secretary is hereby directed to record this resolution with the Clark County Recorder, immediately notify the State Board of Tax Commissioners of the expansion of the Allocation Area and the Area and to file this resolution with the Clark County Auditor. 3t 6. In all other respects, the Declaratory Resolution and Plan are hereby ratified and confirmed. 7. This resolution is effective upon passage. Adopted at a meeting of the Redevelopment Commission held on May 1, 1996, at 501 E. Court Avenue, Jeffersonville, Indiana. JEFFERSONVILLE REDEVELOPMENT I At COMMISSION - r � ■ Robert E. Campbe Jr', Pres'de t dr ATTEST: Barry Sr Secretary ..- FILE: WP- ICRPRCAM.RES ilie