4557 - 48 Purchase real estate on Marlowe

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ORDINANCE NO. 4557 by Mr. McG~ll AN k~RGENCY ORDINANCE authorizing the Mayor, on behalf of the City of Lakewood, to purchase the certain real estate located on Marlowe Avenue in the City of Lakewood hereinafter more particularly described. WHEREAS, this ordinance constitutas an emergency in that, by legislation heretofore adopted, this Council has appropriated and instructed the Director of Law to proceed with action to assess compensation with respect to the proper~y hereinafter described which action, but for this ordinance, will be filed forthwith; in that the owner has agreed to sell said property for the consid~retion hereim- after stipulated which this 0ouncil deems to be in the best interests of the City; and in that it provides for the public health and welfare and the usual dally operation of a municipal dep~ument, now, therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LA~EWO00, STATE OF OHIO: Section 1. That the Mayor be, and he is hereby, authorized to purchase from Meltie N. Blanchard the following described property: Situated in the City of Lakewood, County of Cuyahoga, and S~ate cf Ohio, and known as being Sublet No. 238 in the Genck Realty Company's Lakewood subdivision, of'a part of Section No. 22, Original Rockport Township, as shown by the plat recorded in Volume 35, Page 26, Cuymhoga County Map Records, and being a parcel of land on the west side of Marlowe Avenue, 45 feet wide and extending west on the north line 115.54 feet and 116.22 feet on the south line, and 45 feet in the rear, be the same more or less, but subject to ail legal highways. and to pay therefor the sum of Thirteen Thousand Dollars ($13,000.00). ' ~ Section 2. That the title to said property s~all be subject to the approval of the Director of Law; that taxes and assessments shell be pro-rated as of the date of transfer; that the Director of Finance be, and he is hereby, authorized tc pay the amount set forth in Section 1 hereof from the Hospital Building Impr.ovement~Fand upon delivery by Meltie N. Blanchard of her Warranty Deed to the Cmty of ~akewood, together with Guaranty of Title disclosing the said real estate to be free and clear of all encumbrances, excepting taxes and assessmen not yet due and payable, zoning' ordinances and restrictions of record, if any; and that the Director of Flnance be, and he is hereby, authorized to pay the costs incidental to the completion of the purchase of said real estate, including the cos of recording the Deed and one-half of the escrow agent's fee from said fund. Section 3. This ordinance is hereby declared to be an emergency measux for the reasons stated in the preamble hereof and, provided it receives the affirm~ tive vote of two-thirds of all members elected to Council, it shall take effect an¢ be in force ~mmediately upon its adoption and approval by the Mayor. Adopted: May ,27~ 1948 Wm. R. FairErieve President Approved: May 28~ 1948 A. I. Kauffman H. A. Rees Glerk ' ~ayor