68-80 Pursuant to 27-80 - 1355 Sloane

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I , , I I I OPTION TO PURCHASE REAL ----,_._-- '-- I , I ESTATE James by 980 gran ted on Opt s Th ty of l<1kewood the C to o Oh Berea residing at Pfaff M tiarc I a and Pfaff hereinafter ons t and cond terms the upon on corporat clpa an Ohio mun expressed .1 :¡ II I, , Ii " II 1: I! Ii , Ii 'I " ¡! q I i , 00) ($ ar sum of One Do the of on derat n cons GRANT OF OPTION ~1arc¡a to purchase permanent and on James o t1arcia Pfaff Pfaff here0Y grant to the City of lakewood the exclusive opt the real property known as 1355 Sloane Avenue, lakewood Oh parce no 3 -4 and further described as and to James ty of lake"lood the C paid by o State of Oh of Cuyahoga and County , 1 oca ted be a of lakewood ty the C n tuated S intersect 52, in the vision of part on 23, Rockport Cuyahoga County Records Haps, Page 10 of follows: ,beginning at northwesterly corner line of S oane Avenue of Sloane on of tiathews of the point of of Sublot No Subdlv No.4, a allotment, of part of liaps, Page n Volume desc r resubd sect of of as e of 38 30 bed at ume 9 thereof boundEd and de of Sloane Avenue ng 5 ion ses and plat and the prem Avenues, Park ation n Vo recorded Records easter y ghbr dge Park Assoc recorded s and d a Avenue Avenue, sa sa d e3ster Avenue; thence n the northwester d nort sa y long the thence southerly a turnout between ne of Edano ne of Edanola 52; thence north- 52, 45.37 feet to westerly along the place of beginning along of Edano a po ong Y No ot hwester Sublot d Sub nt sa of a a 70 feet to northeaster y most and known as being Sloane and Edanola H the No. 52 feet a curved northwesterly curved turnout 38 Avenue thence to the at t easter y 1 i ne southeas ter I y y line bert fton , as by the County on G C T O\'msh I p as shown and the Cuyahoga a point of Sub ot to 90 the , t No thence the ghways to h 52; feet, leg a d sa No 37 al ne of Sub lot 52, 45 subject to easter Iy corner northeasterly said No corner of sa Sub lot or but d ess along the northerly line of same more y the most northerl y be the 90 fee wester I I on noon 2:00 p.m re at exp sha on opt s Th EXPIRATION DATE ----.----'- 5 2 September 930 by the City ce signed by th a certified to be exercised s on opt s Th SE CE OF EXERC NOT 3 not tten wr Harcla Pfaff and James to sending lakewood by of a w by certified ma thei r address at a Pfaff ~1a rc and to James I I :1 il " Ii I' :1 'I I' d , I' ,I II II II 11 !I I iI Ii II Ii " II i , ! together on opt of lakewood said purchase and ty the C ng of copy of the Ordinances approv prior to the expiration date cia gnated off dUly des estate des- to be paid for the rea $35,000.00 ce ars pr purchase Thousand Do The tota rty-Five set forth above PURCHASE PRICE ---- bed above sha be Th 4 cr and terms the on sed exerc s on opt s th f la kewood ty of the C by deter- value as market r fa the da te 0 r ater a to at be agreed to ons t cond , I i I ':4~ r the Uniform Reloca- 9 l P 970 of Act under cles ons on Po regulat t s HUD and Rea Property Acqu s greater and process sa the app ra Ass [stance wh i cheve r ned by tiO;) 646) i I I i i I I I I I m _11;_'