51-80 Parking lot agreement w/ Lkwd Town Center

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ORDINANCE NO. 51-80 BY: McBride, Salmon, Wendling, Brown, Chinnock, Gallagher, Graham, AN EMERGENCY ORDINANCE authorizing and directing the Mayor to enter into a parking lot agreement with the Lakewood Town Center Development Company. WHEREAS, the City is the owner in fee simple of real property (the parking area) described in Exhibit A of the parking lot agreement attached hereto and made a part hereof by reference and; WHEREAS, the Community Development Corporation intends to lease to the Lakewood Town Center Development Company certain real property (the premises) described in Exhibit B of the parking lot agreement attached hereto and made a · part hereof by reference, and; WHEREAS, the parking area and premises are adjoining and contiguous to each other, and; WHEREAS, the parties desire to enter into this agreement for the maintenance and use of the parking area, and WHEREAS, the parking area shall be used solely as a facility for off- street parking of motor vehicles and shall be open to use by members of the general public without charge, and WHEREAS, the parking lot agreement is intended to result in the park~ ...... lng area being available for the use by residents of the City and others free of charge, to provide for useable ingress and egress for the parking area, to eliminate, except for 'snow plowing and removal, the obligation and expense to the City of maintaining and repairing the parking area, to provide to the City from the parking area and the development which it will serve, additional revenues to be used in the City's operation, and to permit the City to continue to enforce its ordinance against over-time parking and other violations, and; -' WHEREAS', this ordinance constitutes an emergency measure providing for the immediate preservation of the public peace, property, health and safety and for the further reason that the immediate authorization of the actions herein to expedite the development and revitalization of the City is necessary in.order to create and preserve jobs and employment opportunities and to prevent the spread of blighted, deteriorated or deteriorating conditions; 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 enter into a parking lot agreement with the Lakewood Town Center Company. Said agreement is to be substantially in.~the form as set forth'on Exhibit A attached hereto and made a part hereof as if fUlly rewritten herein. Section 2. That it is found and determined that all formal actions of this Council concerning and relating to the passage of this ordinance were adopted in an open meeting of this CoUncil, and at such deliberations of this Council and of any committees that resulted in such formal action, were in open meetings tO the public, in compliance with all legal requirements including Section 121.22 of the Ohio Revised Code. 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