(a) The Common Council established a Redevelopment Commission for the City. The Commission will be controlled by a board of five members known as the City of Carmel Redevelopment Commission (the "CRC").
(b) Pursuant to I.C., 36-7- 14-3, all of the territory within the corporate boundaries of the City constitutes a taxing district to be known as the Redevelopment District of the City for the purpose of levying and collecting a special benefit tax (“SBT”) for redevelopment purposes as provided in I.C., 36-7-14 (the “Act”). The Common Council finds and determines that all of the taxable property within this special taxing district will be considered to be and shall be benefitted by the redevelopment projects carried out under the Act to the extent of the SBT levied under the Act.
(c) The Common Council shall appoint two members of the CRC. A member of the Common Council may serve as one (1) of the Common Council appointments to the CRC. The Mayor shall appoint three members of the CRC. Notwithstanding the above, no other elected official, or employee of the City of Carmel shall serve as a member of the CRC, or be appointed by the CRC to any other body.
(d) The treasurer of the CRC shall be the fiscal officer of the City. To allow the Council an opportunity to augment the CRC’s payment of its debt service, and avoid the imposition of an SBT, the treasurer of the CRC, or a designee, shall report in writing within three business days to the Mayor and the Common Council if, to a reasonable business certainty, the CRC will be unable to satisfy its debt service in any given period of time.
(e) The CRC shall have no employees unless approved by an ordinance or resolution of the Council. The CRC shall be aided in its duties by a City department known, as the Carmel Redevelopment Department (“CRD”).
(1) Employees of the CRD shall be City employees, subject to the City salary ordinance and personnel policies of the City of Carmel.
(2) The budget of the CRD shall be subject to the same process as other City departments.
(f) Any entity that receives grants from the CRC must agree in writing to comply with the Access to Public Records Act, I.C., 5-14-3-1 et seq., as it pertains to the grant.
(`91 Code, § 2-8) (Ord. D-600, § 1-3, 3-20-89; Ord. D-723, 9-16-91; Ord. D-1665-04, 1-5-04; Ord. D-2015-10, As Amended, 11-1-10; Ord. D-2067-11, 11-7-11; D-2084- 12, As Amended, 4-24-12; Ord. D-2108-12, As Amended, 10-1-12; Ord. D-2261-16, 1-4-16; Ord. D-2262-16, 1-18-16; Ord. D-2245- 15, As Amended, 2-1-16)