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ORDINANCE NO. '7~72 BY: Messrs. Usher, Wendling, <br /> Werner, Brockman, Graber, <br /> Magnotto, McBride <br /> AN EMERGENCY ORDINANCE authorizing the Mayor on behalf of the City of <br />Lakewood to purchase the certain real estate located at 1347 St. Charles Avenue, <br />Lakewood, Ohio hereinafter more particularly described. <br /> <br /> WHEREAS, this ordinance constitutes an emergency measure providing for <br />the immediate preservation of the public health and welfare and for the usual daily <br />operation of a municipal department and for the further reason that the owners have <br />agreed to sell said property for the consideration herein stipulated and this <br />Council determines it to be in the best interest of the City that the property be <br />purchased immediately so that the construction of the multi-level municipal parking <br />garage can be commenced without any further delay, now, therefore, <br /> <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO: <br /> <br /> Section 1. That the Mayor be 'and he is hereby authorized and directed <br />to purchase from John M. Cuciak and Janet L. Cuciak, husband and wife, the follow- <br />ing described property: <br /> <br />Situated in the City of Lakewood, County of Cuyahoga and State of <br />Ohio amd known as being Sublot No. 257 in Lakewood Realty Company's <br />Subdivision of a part of Original Rockport Township Section No. 22 <br />· as show~ by the recorded plat in Volume 27 of Maps, Page 26 of <br />'Cuyahoga County Records, and being 40 feet front on the Easterly side <br /> .of St. Charles Avenue and extending back between parallel lines 130 <br /> feet, as appears by said plat, be the same more or less, but subject <br /> to all legal'h~ghways. <br /> <br />and to pay therefor the sum of Twenty Two Thousand Dollars ($22,000.00). <br /> <br /> Section 2. That the title to said property shall be subject to the <br />approval of the Director of Law; that taxes and assessments and rental income <br />shall be prorated as of the date of the filing of the Deed for record using the <br />last available tax rate and valuation for computing tax prorations; that the <br />Director of Finance be and he is hereby authorized to pay the amount set forth <br />in Section 1 hereof from the Downtown Parking Garage Fund upon delivery by the <br />Grantor of a good and sufficient Warranty Deed to the City of Lakewood, together <br />with guarantee of title disclosing the said real estate to be free and clear of <br />all encumbrances excepting taxes and assessments not yet due and payable, zoning <br />ordinances and.restrictions of record, if any; and that the Director of Finance be <br />and he is hereby authorized to pay the cost incidental to the completion of the <br />purchase of said real estate including cost of title examination and title guarantee, <br />transfer taxes, cost of recording Deed and the escrow agent's fee from said fund. <br /> <br /> Section 3. That this ordinance, is hereby declared to be an emerg6ncy <br />measure for the reasons stated in the preamble hereof and provided it receives <br />affirmative vote of two-thirds of all members elected to Council, it shall take <br />effect and be in force immediately upon its adoption and approva% by the ~ayor. <br /> <br />Adopted <br /> <br />Vice <br /> <br /> c-lerk / <br /> <br />Approved: ,'~~ff~-/J' .~,./~7~/' <br /> <br />Mayor <br /> <br /> <br />