31-72 Bid for sale - parking lot Detroit btwn Belle & St. Charles

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ORDINANCE NO. 31-72 BY: Messrs. Graber, Kelley, Usher, Magnotto, McBride, Brockman AN~EMERGENCY ORDINANCE authorizing the Director of Public Works t° advertise for bids for the sale of the municipal off-street parking lot located north of Detroit Avenue between Belie Avenue and St. Charles Avenue in the City of Lakewood, which property is now owned by the City of Lakewood, and determin- ing that it is in the best interest of the City that said property be sold. WHEREAS, the aforementioned parking lot was constructed primarily to serve the business block on Detroit Avenue between Belle Avenue and St. Charles Avenue, and WHEREAS, the aforementioned entire business block has been purchased by a corporate owner which has advised the City that it is evicting all of the tenants of said business block as of May 1, 1972, ~hd WHEREAS, the aforementioned corporate owner intends to raze all structures in'said block, and WHEREAS, these changes in circumstances indicate a desirability to sell the aforementioned parking lot for commercial ~development, and WHEREAS, this ordinance constitutes an emergency measure in that it provides for the immediate preservation of the public health, safety and welfare and for the usual daily operation of a municipal department, now, therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That this Council determines that the off-st~eet municipal parking lot located north of Detroit Avenue between Belle Avenue and St. Charles Avenue should be sold and that such sale is in the best interest of this City. Section 2. That this Council determines that the sale of the afore- mentioned off-street municipal parking lot will further the interests of this City and it~ residents~ Section 3. That the Director of Public Works is hereby authorized to advertise for bids for the sale of the off-street municipal parking lot located north of Detroit Avenue between Belle Avenue anti St. Charles Avenue and further designated as Permanent Parcel Nos. 312-t7-106 and 136 respectively. Section 4o That said advertisement shall state that any contract for the sale of said property shall be subject to the approval of Council; that the conveyance will be by the usual form of warranty deed used by the City and shall be subject to taxes and assessments, both general and special, if any, all of which shall be prorated as of the da~~ of filing the date for record and subject to restrictions, conditions and reservations of record and zoning ordinances; that the City will furnish the purchaser a title guarantee guaranteeing a good and marketable title; that the escrow fee shall be paid one-half by the City and one-half by the purchaser; that each bid shall include plans and specifica- tions of commercial development of said property in conformance with the Zoning ~ode and Building Code of the City of Lakewood; that each bidder shall submit proof satisfactory to the Director of Public Works that said bidder is prepared to begin construction within 120 days from the date of the filing of the deed for record; that the minimum bid shall be $120,000.00 and that the City reserves the right to reject any and all bids or any parts thereof. Section 3. That this ordinance is hereby declared to be an emergency measure for the reasons stated in the preamble hereof and provided it receives the affirmative vote of two-thirds of all members elected to Council, it shall take effect and be in force immediately upon its adoption and approval by the Adopted: c~). /~ 7~/