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HomeMy WebLinkAbout2021-R-05 Resolution Approving the Order of the Jeffersonville Plan Commission Approving Amending Declaratory Resolution of the Jeffersonville Redevelopment Commission CITY OF JEFFERSONVILLE,INDIANA COMMON COUNCIL RESOLUTION APPROVING THE ORDER OF THE JEFFERSONVILLE PLAN COMMISSION APPROVING AMENDING DECLARATORY RESOLUTION OF THE JEFFERSONVILLE REDEVELOPMENT COMMISSION RESOLUTION NO. A oc/- IR WHEREAS, the Jeffersonville (City) Redevelopment Commission(Commission) is the governing body of the Jeffersonville Redevelopment District(Redevelopment District)established and operating in accordance with IC 36-7-14 and IC 36-7-25 (the Act); WHEREAS, on December 22, 1995, the Commission adopted a Declaratory Resolution, (Original Declaratory Resolution), as supplemented and amended to date, establishing the Inner • City Road Economic Development Area(Original Area) and the Original Declaratory Resolution was confirmed by a confirmatory resolution adopted on February 28, 1996 (Confirmatory Resolution); WHEREAS, .the Original Declaratory Resolution and. Confirmatory Resolution are hereinafter collectively referred to as the"Area Resolution"; WHEREAS,the Area Resolution established an allocation area in accordance with IC 36 7-14-39 (Original Allocation Area) for the purpose of capturing property taxes generated-from the incremental assessed value of real property (Tax Increment) located in the Original Allocation Area; WHEREAS; the Area Resolution approved the Economic Development Plan (Original Plan), which Original Plan contained specific recommendations for economic development in the Original'Area; WHEREAS; the Common Council approved the creation of the Original Area; WHEREAS, the Area Resolution, as amended and supplemented, has enlarged the boundaries of the Original Area (Enlarged Area) and the Original Allocation Area (Enlarged Allocation Area) and amended the Original:Plan(Amended Plan); WHEREAS, on January 27, 2021 the Commission adopted an Amending Declaratory Resolution (2021 Declaratory Resolution) for the purpose of amending the Are Resolution to: (i) expand the boundaries of the Enlarged Area and the Enlarged Allocation Area; and (ii)'apply the Amended Plan; WHEREAS, IC 36-7-14-16 requires the Commission to submit the 2021 Declaratory Resolution and supporting data to the Jeffersonville Plan Commission(Plan Commission); and WHEREAS, the Plan Commission may; (i) determine whether the 2021 Declaratory Resolution and the Amended Plan conform to the plan of development for the City; and (ii) and approve or disapprove'the 2021 Declaratory Resolution and Amended Plan; . WHEREAS, on March 24, 2021, the Plan Commission issued its.order: (i) finding and determining that the 2021 Declaratory Resolution and the Amended Plan conform to the plan of development for the City; and(ii)approving the 2021 Declaratory Resolution and Amended Plan; a copy of which was submitted to this meeting; and WHEREAS, IC 36-7-14-16 requires the City's Common Council to approve the Plan Commission Order before the Commission may proceed with the implementation of the 2021 Declaratory Resolution and the Amended Plan; NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE, INDIANA, THAT: Section 1. The Common Council hereby approves the Plan Commission Order. Section 2. This resolution is effective from and after adoption. Adopted by the Common Council of the City of Jeffersonville, Indiana, this I day of March, 2021. SO RESOLVED on this I day of March, 2020. VOTED FOR: VOTE AGAINST: V 0,0 PASSED AND ADOPTED (Resolution No. 2020-R- c ) by the Common Council of the City of Jeffersonville,Indiana on this I day of March,2020. CI& — fillili te'wen,President 2 • • • • ATTEST: • Lisa Gill, Clerk PRESENTED by me Resolution No.2020-R- 6. to the Mayor of Jeffersonville,Indiana • on this day of March,2021. . Lisa Gill,Clerk • . . SIGNED and APPROVED Resolution No. 2020-R- byne on this ....day of March 2021. • • • Mike Moo e,Mayor • • • • • • • • • • • • • • • • • • •• PLAN COMMISSION—PUBLIC NOTICE The Plan Commission of the City of Jeffersonville will hold a meeting on Tuesday, February 23, 2021 at 6:00 PM. The Board Chair will attend in person, all other members will attend remotely. The public is invited to attend by remote access with limited access in person. The meeting will be conducted via Zoom and streamed live on Facebook. Written comments are welcome on any of the matters addressed. Comments shall be addressed to Planning and Zoning by Friday, February 20' and will be read into the record at the meeting. Those wishing to comment in-person must notify the Planning and Zoning office at least 24 hours prior to the meeting so that social distancing accommodations may be made. Shelby Walsh—SWalsh@cityofjeff.net—(812)280-4712; Shawn Dade—SDade@cityofjeff.net— (812)280-4733; Cassie Nichols—(812) 285-6413; Website—www.cityofjeff.net/planning-and-zoning Chad Ernst filed a Rezoning application for two adjacent parcels.The properties are addressed as 828 and 830 Watt Street. The property is zoned IS (Institutional) and the proposed zoning is M1 (Low Density Multifamily Residential). The Docket Number is PC-21-06. Scott Coots with Highway 62 Properties, LLC filed a Development Plan application for the vacant, unaddressed parcel between 5506 and 5612 Highway 62. The proposed development is a 6,720 square foot retail strip center. The property is zoned Cl (Commercial). The Docket Number is PC-21-07. The Jeffersonville Redevelopment Commission approved to amend a declaratory resolution to expand the inner city road economic development area on January 27, 2021. The resolution now comes before the Plan Commission for approval. 1, prapos, raa.a to , and expand hNamCam/Io ci Off is tip'. The Docket Number is R-21-01. The Jeffersonville Department of Planning&Zoning will be presenting a progress update on the new Uniform Development Ordinance that will replace the existing Jeffersonville Zoning Ordinance. Copies of these requests are available for examination prior to the Public Hearing at the offices of the Jeffersonville Plan Commission located at 500 Quartermaster Court, Suite 200, Jeffersonville, Indiana. Should you have any questions regarding these requests please visit us between 8:30 AM—4:30 PM or call (812)285-6413. If anyone has a disability and/or needs any assistance in order to participate in the meeting please contact the Planning&Zoning Department. Dated this 10`1'Day of February 2021. , — — DEPARTMENT OF LAW CwovtY Les Mei-kley,torpoilation Cotinsel/Dirpeof of Legat-A lfairs: : 'tett: 14 812-285,6493loffice, LI. - W....4th 8127285-6403-faX 0„,.,'. ,----IS-7, 2,.:-4 ww .cityolje ff.n& U li'S014' JeiTersonOle City flail : 500 QtmrtcrunAster court,Suite 250 Jeffergonvilld,,Indiapa 471'30 „ . BEFORE THE CITY COUNCIL:OF JEFFERSONVILLE, INDIANA IN THE MATTER.0F,AMENDING'kESOLUTION 2021-R4 TO-.UPDATE THE MAP OF THE JEFFERSONVILLE INNER CITY ROADS TIF DISTRICT AND FULLY DESCRIBED IN ATTACHED EXHIBIT A I NOTICROF.HEARING TO AMEND RESOLUTION 2021-R-1 TO UPDATE THE MAP OF.THEMFFERSONVILLEINNER CITY ROADS TIF DISTRICT AND FULLY DESCRIBED IN ATTACHED EXHIBIT A 1 • NOnce-iS hereby given that theJeffersbriville Department of Planning arid Zoning fileda.Petition with the Jeffersonville City Council, Jeffersonville, Indiana asking to 1 amend Resolution 2021-R-1 to update the map of the Jeffersonville Inner City Roads TIF • DiStrict-as reconimended by the Plan commission. , In accordance with Executive Orders from Governor Holcomb,the public hearing will be-available:live on the City of Jeffersonville F'acebook on Monday,March 1,2021 at MO pm at which time comments may be submitted on that platform during the publiC •hearing. Written comments must besubrriitted to the City Clerk by noon on February 25, 2021,by delivering such comments to Lisa Gill, City Clerk,.Suite 156, City Hall, 500. Quartermaster Court, Jeffersonville, Indiana 47130. Citizens wishing to present oral cortirtientsin personmust notify theCity Clerk at the above address.at least 24 hours before the hearing, in order that social distancing accommodations may be made for those in attendanCe-due to COVID-19. 11/4, Les Merkley Corporation Counsel Jeffersonville City.Hall ,. 500 Quartermaster Court Jeffersonville, IN 47130 (812)285-6423 An equal opportunity employer. G�-ry �� E Planning Commission Staff Report February 23, 2021 © IQCase No: R-21-01 irF,i Request: TIF Revision VI 14. Petitioner: City of Jeffersonville, Planning &Zoning � 1 Department 444i1S® Request Update the zoning map of the Jeffersonville Inner City Roads TIF District Case Summary Minor amendment to the existing TIF District Map to include a number of formerly excluded parcels in Bridgepointe Commons. Required Action Make a motion to forward this revision to the Jeffersonville City Council with one of the following options: Favorable Recommendation, Unfavorable recommendation, or No Recommendation. Recommended motion "I make a motion to forward the TIF update request(R-21-01) to the Jeffersonville City Council with (insert recommendation]as presented to the Plan Commission on February 23, 2021. Attachments 1. Redevelopment Commission Resolution 2021-R-1 Page 1 of 1 R-21-01 STATE OF INDIANA BEFORE THE JPFFERSONVILLE PLAN COMMISSION IN THE APPLICATION OF Jeffersonville.Department of Planning &Zoning TO AMEND THE JEFFERSONVILLE INNER CITY ROADS TIF DISTRICT -: CERTIFICATION OF FAVORABLE/UNFAVORABLE!NO RECOMMENDATION OF PROPOSED REVISION. ". Whereas, the Jeffersonville Department of Planning&Zoning filed a petition before the Jeffersonville Plan Commission to amend the.City of Jeffersonville TIF District Revision (R-21-01),:approving updates-toJh inner City Rnads TIF Distrirt as recommended in the staff report(a copy of which is attached as Exhibit."A"); and, . . " Whereas,after proper notice by:publication, the Jeffersonville Plan Commission held a public hearing on the petition to"update the Inner City Roads T1F District and;. Whereas, at the conclusion of the hearing the Jeffersonville Plan Commission. voted by a majority vote of its entire membership to forward their recommendation on the proposed amendment to the Jeffersonville Common Council, IT IS THEREFORE CERTIFIED that on February 23, 2021 the Jeffersonville Plan. 9Commission (ctccle ore) ,� avorably Recommends nfavorably Recommends! Provides NO.Recommendation that the Jeffersonville Common Council enact by ordinance the proposed Jeffersonville Zoning Ordinance amendment as requested in the petition of Jeffersonville Department of Planning.&Zoning: So certified this 23rd day.of February . _ 2021 .)k41 `lJ AC- ' � ±t--- Ch airman PLAN COMMISSION ORDER ATTACHED CITY OF JEFFERSONVILLE PLAN COMMISSION ORDER APPROVING AMENDING DECLARATORY RESOLUTION OF THE JEFFERSONVILLE REDEVELOPMENT COMMISSION ORDER NO. 2021-1 WHEREAS, the Jeffersonville (City) Redevelopment Commission (Commission) is the governing body of the Jeffersonville Redevelopment District(Redevelopment District)established and operating in accordance with IC 36-7-14 and IC 36-7-25(the Act); WHEREAS, on December 22, 1995, the Commission adopted a Declaratory Resolution (Original Declaratory Resolution), as supplemented and amended to date, establishing the Inner City Road Economic Development Area(Original Area) and the Original Declaratory Resolution was confirmed by a confirmatory resolution adopted on February 28, : 1996 (Confirmatory Resolution); WHEREAS, the Original Declaratory Resolution and Confirmatory Resolution are hereinafter collectively referred to as the"Area Resolution"; WHEREAS, the Area Resolution established an allocation area in accordance with IC 36- 7-14-39 (Original Allocation Area) for the purpose of capturing property taxes generated from the incremental assessed value of real property (Tax Increment) located in the Original Allocation Area; WHEREAS, the Area Resolution approved the Economic Development Plan (Original Plan), which Original Plan contained specific recommendations for economic development in the . Original Area; WHEREAS, the Common Council approved the creation of the Original Area; WHEREAS, the Area Resolution, as amended and supplemented, has enlarged the. boundaries of the Original Area (Enlarged :Area) and the Original Allocation Area.(Enlarged Allocation Area) and amended the Original Plan(Amended Plan); WHEREAS, on January 27, 2021 the Commission adopted an Amending Declaratory Resolution(2021 Declaratory Resolution) for the purpose of amending the Are Resolution to: (i) expand the boundaries of the Enlarged Area and the Enlarged Allocation Area; and (ii) apply the Amended Plan; WHEREAS, IC 36-7-14-16 requires the Commission to submit the 2021 Declaratory Resolution and supporting data to the Jeffersonville Plan Commission(Plan Commission); and WHEREAS, the Plan.Commission may; (i) determine whether the 2021 Declaratory. Resolution and the Amended Plan conform to the plan of development for the City; and (ii) and approve or disapprove the 2021 Declaratory Resolution and Amended Plan; NOW, THEREFORE, BE IT ORDERED. BY THE JEFFERSONVILLE PLAN COMMISSION,THAT: Section 1. The Plan Commission hereby finds and determines that the 2021 Declaratory Resolution and the Amended Plan, attached hereto as Exhibit A, conform to the plan of. development for the City. Section 2. The Plan Commission hereby approves the 2021 Declaratory Resolution and the Amended Plan. Section 3. This Order is effective from and after adoption. Adopted by the Jeffersonville Plan Commission this 23rd day of February, 2021. JEFFERSONVILLE PLAN COMMISSION President Attest: 2 EXHIBIT.A 2021 Declaratory Resolution, Factual Report and Amended Plan 3 a.. .A G \ Y , , • / `� O ' < IA,ON Jam fir:., A � ' a [ Expansi n `0, .� ' a r � �a ' \NP'1 ti'_ ` a vI h .. `7' ,' r gyp- , r� * �n� O �. t ,...„'' '4'• 4, '. 'Pa `." 4.'' .6, .- 7 , 4," . 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' , - ' , ' 0 0.075 0.15 0.3 km ® TIF Districts-Jeffersonville Clark County, IN GOTTBRATH PARKWAY, 10-42-02-300-284.000-039 it yip+ F Parcel Information Taxing District Parcel Number: 10-42-02-300-284.000-039 Township: UTICA TOWNSHIP Corporation: GREATER CLARK COUNTY Alt Parcel Number: 42-00128-003-0 Property Address: GOTTBRATH PARKWAY Land Description Land TVPe Acrea a Dimensions Neighborhood: UTICA RES AREA 1-039 4 5.2 Property Class: Vacant Land Owner Name: Iron Street Partners II LLC Owner Address: 214 East Elm Street New Albany,IN 47150 Legal Description: 5.20Ac Clark County, IN 10-42-02-400-713.000-039 �� � 1` 1\ s. ;0• :• "Z\ Parcel Information Taxing District Parcel Number: 10-42-02-400-713.000-039 Township: UTICATOWNSHIP Corporation: Alt Parcel Number. 42-00145-001-0 Property Address: Land Description }.and Type &come Dimensions Neighborhood: Property Class: Owner Name: Iron Street Partners II LLC.. Owner Address: 1024 S 3rd Street Louisville,KY 40203 Legal Description: Clark County, IN 10-42-02-400-714.000-039 - -- '- - - - '-- •F �y n. - r - 1 1 _ 1 1 6, ,:, i ,.2'..,,.- r 4. R • Parcel Information Taxing District Parcel Number: 10-42-02-400-714.000.039 Township: UTICATOWNSHIP Corporation: Alt Parcel Number: 42-00145-002-0 Property Address: Land Description Land Type Acreage Dimensions Neighborhood: Property Class: Owner Name: Iron Street Partners II LLC.. Owner Address: 1024 S 3rd Street Louisville,KY 40203 Legal Description: EXHIBIT A-1 Map of Original Area and Expansion Area Expansion Area is in yellow r----: , - - - ------.2 ----- - --! — , °f. \ \, i ® ,, .,4 , 9z 1 , , �, % j _ \ .•A' A ir f 3"r - ` �° 1 r \\. /f`\ \ eel %X, i R-+ ti ♦ \\\ . ' a / \ \ `. S t , //, .\ q ( \ `' i sAli' •/< •\ • f �� ``\` \ `�° \ City Of Jeffersonville La �V Vr� ' �. k r. Tax Increment Financing A g'\ \ V'V % �r Beth �R �+'` .r \� . N - � Nova ms10t� ; \ i\. '' f« ' - Falls Landing t t r \ ' Galvstar �d WV „ `'� ,"; t NM IRED Keystone 0 .:- a '*§ : - Vogt Valve s' Parcels Jeffersonville Boundary At.r The data In No 9rephk b a visual representation and !9 g„rameen no apecnc acoerery.The I rephk la prootded «'.a _ .4 ac to wf trout warranty of any kind eiNer eapresn or Irnpl4d. r-;7 '2 Use of Hten.ntatedals constitutes acceptance o11Nn ✓' dlnclalrn of Habllty. 1 snob`t er ti •W )L 1 Area 1 A-1-1 I\8483905.2 Clark County, IN 3012 UTICA SELLERSBURG ROAD, 10-42-02-400-110.000-039 t., .,, ,,,,P.,;1-,, -,,,or .+9/,s '. 7 't •••'-'1,,,,Ati-.,\. . .' ...404,',..,, '' , ,,,-,, ,,,,,,Yor%'-',....V.*',1,-- ' ‘,.. 4 plc ,14,, . ,; ..:1' :7'6i ' ' -. . '. t '''.:1/4:i'%,"` "'t r .n ,, b {' t A - ` ':s` t ` + r• 4474.4tt j P,'.. 5' �yl r c`'- -. • { sX • "+ r 3. . . t-f - t x i t r f' ''' . .'i;� .7'. W 4t FrJ. y p y r i,. i 'N �L*✓4 t ; `',.. �'4 ,t .3`s t- Oc s _'0 .ye, w1• e1.•ny y f V .. \` 14 yy t '' '. .". • 1 �� I* f q , , , a 1.• j 3* T. J '� aJ { fi c..-C J��M VA.. +`N . i c. J '� 1"+ c • .. .. '#� tip`. + ps ^, . .tc fb h� `4 •t p . :7 f t, x,Jp.k?.- y, •' .,�, p testa ",w:\ Y µ y, r jEi: ....r.�-^ LL � .yam � i'li Z.10„....' < .,\, k- - . ' ' r In''• \%4. +'� �I , °i. `fir - hT'� 44 •'.•x:, J hh"i t��+'Sr e• f w... ....„.„,,,,,,..-4,,,,,,. .,.., i tC r .' , ,: �� .cj ' , �}i rAk'1.:1r. .fa, 4-..r. -._. 1 t 5 - ._i 1 . _1-:.-_. Parcel Information. Taxing District Parcel Number: -. 10-42-02.400-110.000-039 Township: UTICA TOWNSHIP 42-00004 023 0 Corporation: GREATER CLARK COUNTY Alt Parcel Number: Property Address: 3012 UTICA SELLERSBURG ROAD Land Description Neighborhood: UTICA RES AREA 1:039 Land Type Acreage Dimensions - 82 0.28 Property Class: Exempt,State of Indiana .9Rr 1.0 4 19.195 Owner Name:. . Indiana Finance Authority, 71 2.7. Owner Address: One North Capital Ave Ste 900 Indianapolis,IN 46204 Legal Description: GT.24 23.175 AC REDEVELOPMENT COMMISSION RESOLUTION 2021-R-1 SEE ATTACHED RESOLUTION NO. 2 n 1)-W— I AMENDING DECLARATORY RESOLUTION OF THE JEFFERSONVILLE REDEVELOPMENT COMMISSION EXPANDING THE INNER CITY ROAD ECONOMIC DEVELOPMENT AREA,AND ALLOCATION AREA AND THE ECONOMIC DEVELOPMENT PLAN FOR THE INNER CITY ROAD ECONOMIC:DEVELOPMENT AREA WHEREAS, the Jeffersonville (City) Redevelopment Commission (Commission) is the governing body of the Jeffersonville Redevelopment District (Reddevelopment. District), established and operating in accordance with IC 36-7-14 and IC 36-7-25 (the Act); WHEREAS, on December 22, 1995, the Commission adopted a Declaratory Resolution (Original Declaratory Resolution), as supplemented and amended to date, establishing the Inner City Road Economic Development Area(Original Area) and the Original Declaratory Resolution was confirmed by a confirmatory resolution adopted on February 28, 1996 (Confirmatory Resolution); WHEREAS, the Original Declaratory Resolution and Confirmatory Resolution are hereinafter collectively referred to as the "Area Resolution"; WHEREAS, the Area Resolution established an allocation area in accordance with IC 36- 7-14-39 (Original Allocation Area) for the purpose of capturing property taxes generated from the incremental assessed value of real property (Tax Increment) located in the Original Allocation Area; WHEREAS, the Area Resolution approved the Economic Development Plan (Original Plan), which Original Plan contained specific recommendations for economic development in the Original Area; WHEREAS, the Common Council approved the creation of the Original Area; WHEREAS, the Area Resolution, as amended and supplemented, has enlarged the boundaries of the Original Area. (Enlarged .Area), and the Original Allocation Area (Enlarged Allocation Area)and amended the Original Plan(Amended Plan); WHEREAS, the Commission now desires to amend the Area Resolution to expand the boundaries of the Enlarged Area and the Enlarged Allocation Area by: (i) adding certain real property to the.Enlarged Area and the Enlarged Allocation Area and (ii) to apply the Amended Plan; WHEREAS, IC 36-7-14-15(a) (4) provides that, when amending the Area Resolution or the Amended Plan,the Commission must find that: (1)the amendment is reasonable.and appropriate when considered in relation to the Area Resolution,the Amended Plan, and the purposes of Act; and (2)the.Area Resolution and the Amended Plan, as amended, with the proposed. amendment,conform to the-comprehensive plan for the City; WHEREAS,the Commission shall cause to be prepared: (1)maps and plats showing: (A)the boundaries of the Enlarged Area, as amended, in which property would be acquired for, or otherwise affected by,the,amendment of the.Area Resolution or the Amended Plan; (B)the location of the various parcels of property, streets, alleys,and other features affecting the acquisition,clearance,remediation, replotting,replanning, rezoning, or development of the area, indicating any parcels of property to be excluded from the acquisition or otherwise excluded from the effects of the amendment of the Area.Resolution or Amended Plan; and (C)the parts of the Enlarged Area, as amended,acquired, if any,that are to be devoted to public ways, levees, sewerage,parks,playgrounds, and other public purposes under the amendment to the.Amended Plan; (2) lists of the owners of the various parcels of property proposed to be acquired for, or otherwise, affected by, the'amendment of the Area Resolution or Amended Plan for the Amended Area; and (3) an estimate of the costs, if any, to be incurred for'the acquisition and development of property; WHEREAS, IC 36-7-14-17.5 authorizes the Commission to amend the Area Resolution and the Original Plan,as amended, after conducting a public hearing,if it finds that: (i) The amendment is reasonable and appropriate when considered in relation to the Area Resolution,the Amended Plan, and the,purposes of IC 36-7-14; and (ii) The.Area Resolution,.with the'proposed amendment and the application of the Amended Plan, as amended, conforms to the comprehensive plan for the City; NOW, THEREFORE, BE IT RESOLVED BY THE. JEFFERSONVILLE REDEVELOPMENT COMMISSION, THAT: Section 1. The Area Resolution is,hereby amended to expand the Enlarged Area and the Enlarged Allocation Area (Expansion Area) as set forth on the map attached hereto as Exhibit A-1 and the parcel list attached hereto as Exhibit.A-2. Section 2. The Commission finds, after consideration of the evidence presented, that the public health and welfare will be benefited by the amendment to the Area Resolution to establish the Expansion Area. -2 - Section 3. The Commission now finds and determines that the expansion of the Area described in Section 1 above is reasonable and appropriate when considered in relation to the Area Resolution as amended by this amending resolution and to the economic.development and, redevelopment purposes set forth in the. Act The Commission finds that the Area Resolution,with the amendment, conforms to the comprehensive plan for the City. Section 4.. The Commission hereby finds that no other parcels of property in Enlarged Area Will be affected by the Expansion Area or the accomplishment of the Amended Plan, Section 5. The Commission hereby finds that;amendment to the Area Resolution to establish the Expansion Area.will result in new property taxes that would not have been generated without the establishment of the Expansion Area and the application of the Amended Plan to the.Expansion Area. Section 6. The Commission hereby finds that the property described on Exhibit B is the property that may be affected by the establishment of the Expansion Area. Section 7. The base assessment date for the Original Allocation Area shall remain March 1, 1995, the base assessment date for the enlarged Area shall be.January 1, 2016, and the base assessment date fOr the Expansion Area shall be January 1, 2021. Section 8. This paragraph shall be considered the allocation provision for the Expansion Area for the purposes of IC 36-7-14-39. The Expansion Area shall constitute allocation area as defined in IC 36-7-14-39-and shall become a part of the Original Allocation Area fOr all other purposes than the base assessment date. Any property taxes levied on or after the effective date of this resolution by or for the benefit of any public,body entitled to a distribution of property taxes on taxable property in the Expansion Area shall be allocated and distributed in accordance with;IC 36-7-14-39 or any applicable successor provision. This allocation provision shall expire no later than 25 years after the date on which the first obligation is incurred to pay principal and interest on bonds or lease rentals on leases payable from tax increment revenues generated in the Expansion Area. Section 9. All the rights,powers, privileges and immunities that may be exercised by the Commission in a redevelopment project area under the- Act may be exercised in the Expansion Area, subject to any limitations in IC 36-7-14-43. Section 10. The presiding officer of the Commission is hereby authorized and directed to submit this resolution to the Jeffersonville Plan Commission "(Plan Commission) for its approval.. Section 11. The Commission also directs the presiding officer, after receipt of the written order of approval of the Plan Commission which has been approved by the Common Council, to publish notice of the adoption and substance of this resolution in accordance with IC 5-3-1 and to file notice with the Plan Commission, the.Board of Zoning Appeals, the building commissioner and any other departments or agencies of the City concerned with unit planning, zoning variances, land use or the issuance of building permits. The notice must also be mailed to the owner or owners of real property, if any, being added to the acquisition.list. -3 - DocuSign Envelope ID;.94314381-56A5-42B5-AD51-704379506033 The notice must state that maps and plats have been prepared and can be inspected at the office of the City:s department of redevelopment and must establish a date when the Commission will receive and hear remonstrances and objections from persons interested in or affected by the proceedings pertaining to the proposed amendment to the.Area Resolution and Will determine the' public utility and benefit of the proposed amendment to the Area Resolution. Copies of the notice Must also be filed with the officers authorized to fix budges, tax rates and tax levies under IC 6-1.1-17-5 for each taxing unit that is either wholly or partly located within the proposed Expansion Area. Notice must also be mailed by first class mail to all owners of real property within the proposed Expansion Area. Section 12. The Commission also directs the presiding officer to prepare or cause to be prepared a statement disclosing the impact of creating the AIlocation Area, including the following: (a) The estimated economic benefits and costs.incurred, as measured by increased employment, and anticipated growth of real property and personal property assessed values; and (b) The anticipated impact on tax revenues of each taxing unit that is either wholly or partly located within the new Allocation Area. A copy of this statement shall be filed with each such taxing unit with a copy of the notice required under Section 17 of the Act at least 10 days before the date of the hearing described in Section 11 of this Resolution. Section 13. In all other respects, the Area Resolution,,the Amended Plan, and actions of the Commission consistent with this resolution are hereby ratified and confirmed. Section 14.. This resolution is effective upon passage. Adopted at a meeting of the Commission held January 27, 2021, in Jeffersonville, Indiana. JEFFERSONVILLE REDEVELOPMENT COMMISSION p —DocuSigned bby: Presider tf '-748F1682F8C9474... Attest: Secretary -4- EXHIBIT A-1 Map Including Expansion Area Exhibit A-2 Expansion Area Parcel List -2- Exhibit B List of Owners of Real Property Proposed.to Be Acquired for, or Otherwise Affected by the Expansion of the Enlarged.Area Acquired Property None. Affected Property • All of the parcels`of property in the proposed Expansion Area are reasonably expected to be positively affected by the establishment of the Expansion Area and application of the Amended Plan to the Expansion Area because the improvements contemplated in the Expansion Area are reasonably expected to increase property values in th the Expansion Area. -3 - 3-F E-....... ,. • ...w rr.m rev. i.t'.. ..lv�s.._ +igtQiiii4 e1u o10.51t t .. ,? i s ,. :pWito 91,15 9?FROM11, ° s16palcW,,ofo'�p1ota!i1, - ,'' PflldwlSossvdXsuaylloPulf16ue1o,qurtuo n�psy1,Ifue 4' (3l c� Popjaad.-IP.,_-._.oyj,:�isrnr6sayoPdfou0sawwenD 1,01,144.1.opeluacada{leP410, 3,�1adF!6 fIinNl f7 P OR t • I1-io8 aprauosiagar ' sued? r aisle ado;s�(a� f v 1�: • ae 9 ^^„ �pri , it et Js pt EE Its. ✓F{* °tA �!' e ',a �{�' • 4 6CII Lir a P 7 s11���' IV " x i x, . i ..: 4 jA t x>}�' .tip" �. "1 d �IQ t `•I +t�.+' Il ' r "ti ,rt r �l{.'t. 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