24-76 Purchase property at Nelson & Webb

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ORDINANCE NO. 24-76 BY: Messrs. McBride, Salmon, Sinagra, Usher, Brockman, Chinnock, Msgnotto AN EMERGENCY ORDINANCE authorizing the Mayor on behalf of the City of Lakewood to purchase the certain real estate known as PP. No. 311-23-3 in Lakewood, Ohio, hereinafter more particularly described. WHEREAS, this ordinance constitutes an emergency measure providing for the immediate preservation of the public health and welfare and for the usual daily operation of a municipal department and for the further reason that the owners have agreed to sell said property for the consideration herein stipulated and this Council determines it to be in the best interest of the City that the property be purchased immediately so that the construction of the Webb Road Park can be commenced without any further delay~ now, therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That the Mayor'be and he is hereby authorized and directed to purchase from Rockport Properties, the following described property: Situated in the City of Lakewood, County of Cuyahoga and State of Ohio, and known as being Sublot No. 33 in the Northwood Park Subdivision of a part of Original Rockport Township Section No. 23 as shown by the record- ed plat in Volume 29 of Maps, Page 27 of Cuyahoga County Records, and also Sublot No. 2 in the Carl.os R. Atwell's Subdivision of part of Original Rockport'Township Section No. 23 as shown by the recorded plat in Volume 8 of Maps, Page 22 of Cuyahoga County Records and together forming a parcel of land bounded and described as follows: Beginning on the Westerly line of Nelson Avenue at its Intersection with the Northeasterfy corner of said Sublot No. 33'; thence Westerly along the Northerly line of said Sublots Nos. 33 and 2,615.59 feet to the center line of Webb Road; thence Southerly along the center line of Webb Road 80 feet; thence Easterly along the Southerly line of said Sublot No. 2, 478.50 feet to the Westerly line of Sublot No. 32 in said Northwood Park Subdivision; thence Northerly along said Westerly line about 35.96 feet to the Southwesterly corner of said Sublot No. 33; thence Easterly along the Southerly line of said Sublot No. 33, 137.24 feet to the Westerly line of Nelson Avenue; thence Northerly along the Westerly line of Nelson Avenue-45o89 feet to the place of beginning. and to pay therefor the sum of Twenty-three Thousand Dollars ($23,000.00). Section 2. That the title to said property shall be subject to the approval of the Director of Law; that taxes~ and assessments and rental income shall be prorated as of the date of the filing of the Deed for record using the last available tax rate and valuation for computing tax prorations; that the Director of Finance be and he is hereby authorized to pay the amount set forth in Section 1 hereof from the 1975 Community Development Funds upon deliVery by the Grantor of a good and sufficient Warranty Deed to the City of Lakewood, together with guarantee of title disclosing the said real estate to be free and clear of all encumbrances excepting taxes and assessments not yet due and payable, zoning ordinances and restrictions of record, if any; and that the Director of Finance be and he is hereby authorized to pay the City's share of expenses incidental to the completion of the purchase including the cost of recording the deed, one half of the escrow fee and any prorata share chargeable to the City as purchaser. 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 ~ayor. Adopted Approved