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Real Property Transfer Agreement - Affordable HomeMatters Indiana LLC Intend Indiana
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Real Property Transfer Agreement - Affordable HomeMatters Indiana LLC Intend Indiana
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4/17/2025 3:56:51 PM
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2/25/2025 12:26:35 PM
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Board of Public Works
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Projects
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2/25/2025
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APPROVED AND FILED <br />DIEGO MORALES <br />INDIANA SECRETARY OF STATE <br />05/03/2024 03:16 PM <br />ARTICLE II <br />ORGANIZATIONAL MATTERS <br />Section 2.1. Formation. The Company was formed pursuant to the Act upon the <br />filing of Articles of Organization ("Articles") with the Secretary of State of the State of Indiana on <br />May 2, 2024. The rights and obligations of the Member and the Company shall be as provided under <br />the Act, the Articles and this Agreement. The Member agrees to each of the provisions of the <br />Articles. <br />Section 2.2. Principal Office. The Principal Office of the Company shall be at 1704 <br />Bellefontaine Street, Indianapolis, Indiana 46202, or such other address as may be established by <br />the Member. <br />Section 2.3. Registered Office and Registered Agent. The Company's initial registered <br />office shall be located 1704 Bellefontaine Street, Indianapolis, Indiana 46202, and the name of its <br />initial registered agent at such address shall be Steven Meyer. The Company may designate another <br />registered office or agent at any time by following the procedures set forth in the Act. <br />Section 2.4. Duration. The existence of the Company shall continue in perpetuity, unless <br />the Company is dissolved in accordance with Article IX or the Act. <br />Section 2.5. Service Area. The Service Area of the Company shall be all portions of the <br />State of Indiana outside the Indianapolis Metropolitan Statistical Area as defined by as defined by <br />the U.S. Department of Housing and Urban Development. <br />ARTICLE III <br />MEMBERS AND CAPITAL STRUCTURE <br />Section 3.1. Name and Address of Member. The name of the Member and the Member's <br />last known business, residence or mailing address is listed on the attached Exhibit A. The Member <br />shall update Exhibit A from time to time as necessary to accurately reflect the information therein. <br />Section 3.2. Capital Contributions. The initial Capital Contribution to the Company of the <br />Member is set forth on Exhibit A. <br />Section 3.3. Additional Capital. The Member shall not be obligated to make any Capital <br />Contributions other than the initial Capital Contributions specified in Section 3.2. <br />Section 3.4. Financial Management. The Member shall establish and maintain financial <br />statements on behalf of the Company, consistent with Generally Accepted Accounting Principles <br />and the Member Financial Policies and Procedures. The Member may, by resolution, contribute to <br />the Company (i) cash, and (ii) certain real property to be valued at the carryover basis of the Member <br />at the time of transfer. The Company shall, from time to time, reimburse the Member for the <br />Company share of any other expenditures which are paid by the Member on behalf of the Company. <br />PA <br />- Page 6 of 23 - <br />
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