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HomeMy WebLinkAbout2020-R-9 Amended Agreement Between Redevelopment, City Council, and Board of Trustees for GCCS Corporation RESOLUTION NO. 2020-R- q BEFORE THE COMMON COUNCIL FOR JEFFERSONVILLE STATE OF INDIANA A RESOLUTION APPROVING AMENDED AGREEMENT BETWEEN THE JEFFERSONVILLE REDEVELOPMENT COMMISSION, THE JEFFERSONVILLE COMMON COUNCIL AND THE BOARD OF SCHOOL TRUSTEES FOR THE GREATER CLARK COUNTY SCHOOL CORPORATION WHEREAS, IC 36-1-7 et al allows political subdivisions in the state of Indiana to enter into Inter-Local Agreements; and, WHEREAS, the Jeffersonville Redevelopment Commission ("JRDC") and the Common Council of the City of Jeffersonville("the City")previously entered into an Inter-Local Agreement (recorded in the office of the Recorder of Clark County, Indiana on as Instrument ) for the provision of Tax Increment Financing ("TIF") Funds to the Board of School Trustees for the Greater Clark County School Corporation ("GCCS")to be used for the economic and redevelopment of buildings and facilities owned by GCCS in the City of Jeffersonville; and, WHEREAS, since the initial approvals of the original Interlocal Agreement, certain terms and conditions have changed warranting revisions to the original Interlocal Agreement as set out in the Amended Interlocal Agreement, as attached to and made part of this Resolution as Attachment A. WHEREAS, the parties agree that the original Interlocal Agreement shall be amended as set forth in Attachment A and that upon approvals, signatures and the recording of this Amended Interlocal Agreement, the original Interlocal Agreement as identified above shall become null and void, and this Amended Interlocal Agreement shall substitute for all purposes. WHEREAS, with the approval of the Amended Interlocal Agreement as attached to and made part of this Resolution, as if set out in full herein, the parties intend that Attachment A shall replace, in total, the original Interlocal Agreement. WHEREAS, said Amended Interlocal Agreement is being done for the benefit of the school children, employees, faculty, and administrators of the School Corporation along with the general public and citizens of the City and surrounding communities. NOW,THEREFORE, BE IT RESOLVED that the Amended Interlocal Agreement that is attached to and made a part of this Resolution as if set out herein in full (Hi. —Attachment A, including Exhibit I) is approved in accordance with its terms and conditions subject to approval by the Jeffersonville Redevelopment Commission and the Greater Clark County School Corporation. SO RESOLVED AND DULY ADOPTED this d` O day of July 2020, by the Common Council of the City of Jeffersonville. Common Council City of Jeffersonville tiC("NA' 41101Ft 41 Matt Owen, 're •ent and Presiding Officer Attest: Cif Lisa Gil , Clerk C Signed and approved by me, the Mayor of the City of Jeffersonville, Indiana, on this o7a day of July, 2020 ),,_____, Mike Moore, yor