25-76 Purchase 1303 Webb Rd - Laserfiche WebLink

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ORDINANCE NO. 25-76 BY: Messrs. Salmon, Sinagra, Usher, Brockman, Chinnock, Magnotto, McBride AN EMERGENCY ORDINANCE authorizing the Mayor on behalf of the City of Lakewood to purchase the certain real estate located at 1303 Webb Road, Lakewood, Ohio, hereinafter more particularly described. WHEREAS, this ordinance constitu~.es 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 tT 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 Mr. Richard C. Long the following described property: Situated in the City of Lakewood, County of Cuyahoga and State of Ohio: and known as being part of Sublot No. 1 in Carlos R. Atwill's Subdivision of part of Original Rockport Township Section No. '23 as shown by the recorded plat of said Subdivision in Volume 8 of Maps, Page 22 of Cuyahoga County Records and bounded and described as follows: Beginning at the intersection of the Easterly line of Webb Road as widened to 50 feet on plat recorded in Volume 30 of Maps, Page 20 of Cuyahoga County Records, with the Northerly line of said Snblot No. 1; thence Easterly along said Northerly line of Sublot No. 1, 150 feet; thence Southerly parallel with said Easterly line of Webb Road 40 feet; thence Westerly parallel with the' first described line 150 feet to said Easterly line of Webb Road; thence Northerly along said Easterly line of Webb Road 40 feet to the place 'of beginning, as appears by said plat. and to pay therefor the sum of Twenty-five Thousand Dollars ($25,000.00). 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 proration; 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 sha?ll take effect and be in force immediately upon its adoption and approval by the Ma~r. Cler~ Hayor