HomeMy Public PortalAbout1992-03 Establishment of Department of RedevelopmentORDINANCE NO. 1992 -3
OF THE CITY OF GREENCASTLE INDIANA
• AN ORDINANCE TO ESTABLISH A DEPARTMENT OF REDEVELOPMENT
PURSUANT TO IC 36 -7 -14 AND REPEALING ALL
ORDINANCES INCONSISTENT THEREWITH
WHEREAS, the Indiana General Assembly has empowered
municipalities to establish a department of redevelopment with
all the powers set forth in IC 36 -7 -14 ( "Act");
WHEREAS, the Act states that the clearance, replanning and
redevelopment of blighted areas and economic development areas
are public uses and purposes for which public money may be spent
and private property may be acquired; and
WHEREAS, the Act declares that each unit shall, to the
extent feasible under the Act and consistent with the needs of
the unit, afford a maximum opportunity for rehabilitation,
redevelopment or economic development of areas by private
enterprise;
NOW,THEREFORE, BE IT ORDAINED BY the Common Council of the
City of Greencastle, Indiana, that:
1. The Common Council of the City of Greencastle, Putnam
County, Indiana ( "City ") now deems it to be in the best interest
• of the City and its citizens to afford a maximum opportunity for
rehabilitation, redevelopment or economic development of areas by
private enterprise by establishing a Department of Redevelopment.
2. The Common Council hereby establishes the Department of
Redevelopment of the City. The Department will be controlled by
a board of five members known as the Greencastle Redevelopment
Commission.
3. Pursuant to the Act all of the territory within the
corporate boundaries of the City will be a taxing district to be
known as the Redevelopment District of the City of Greencastle
for the purpose of levying and collecting special benefit taxes
for redevelopment purposes as provided in the Act. The Common
Council finds and determines that all of the taxable property
within this special taxing district will be considered to be
benefited by the redevelopment projects and economic development
projects carried out under the Act to the extent of the special
taxes levied under the Act.
4. The Common Council shall appoint two (2) members of the
Greencastle Redevelopment Commission. The remaining three (3)
members shall be appointed by the Mayor as the municipal
executive.
® 5. No bonds or other obligations shall be issued by the
Redevelopment Commission pursuant to the Act without prior
approval of the Common Council.
6. All other ordinances, resolutions or parts thereof in
conflict with the provisions and the intent of this ordinance are
hereby repealed.
7. This ordinance shall become effective from and after
the date of its passage.
THIS ORDINANCE was passed and adopted this 21st day of
January, 1992.
ATTEST: [/
�ZV
u ith Berry,
CI- Treasurer
Michael M. Harmless,
Presiding Officer
Presented by me to the Mayor of Greencastle, Indiana, this
21st day of January, 1992, at :/ S o'clock, p.m.
- l oved and signed by me this
o'clock, p.m.
ATTEST:
u ith Berry
C erk- Treasurer
J dith Berry,
erk- Treasurer
21st day of January,- :1992, at
Michael M. Harmless
Mayor
SYNOPSIS
This ordinance establishes a Greencastle Redevelopment
Commission pursuant to I.C. 36 -7 -14.
•