20-86 Purchase 12009 Clifton Blvd

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ORDINANCE NO. 20-86 BY: Brown, Chinnock, Gallagher, Graham, McBri de, Salmon, Wendl i n g AN EMERGENCY ORDINANCE authorizing the Director of Economic and Community Development of the City of Lakewood to purchase certain real property known as a part of PP#312-29-032, located at 12009 Clifton Blvd., in Lakewood, Ohio, hereinafter more particularly described and subject to the terms and conditions hereinafter set forth. 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 owner has 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 Clifton Prado Improvement Project can be commenced without delay; now, therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That the Director of Economic and Community Development of the City of Lakewood be and he is hereby authorized and directed to purchase from Central National Bank, the following described property: Parcel 1: Beginning at .the southwesterly corner of Parcel #2 conveyed in trust to Central National Bank of Cleveland by deed recorded in Volume 85-200, Page 175 of Cuyahoga County Official Records; thence North, 10.00 feet along the westerly line of said parcel; thence East, 67.56 feet to the easterly line of said parcel; thence South, 10.00 feet along said easterly line to the southeasterly corner thereof; then6'e West, 67.56 feet along the southerly line of said parcel to the place of beginning and containing 0.01056 of an acre of land as calculated and described by William J. Haas, P.S. #4793 for the City of Lakewood from a survey made in July, 1984 by James B. Root and Associates. and to pay therefore the sum of One Thousand Thirteen dollars and forty cents, (_~$ 1,013-40). Section 2. That title to said premises be evidenced by good and sufficient warranty deed conveying said premises to the City of Lakewood free and clear of all liens and encumbrances, except taxes and assessments not yet due and payable, restrictions of record, if any, and zoning ordinances. Title to said property shall be subject to the approval of the Director of Law; that a split tax bill shall be obtained and real estate taxes and assessments for the premises being purchased shall be prorated as of the date said warranty deed is filed for record using the last available tax rate in valuation for computing the tax prorations; that the Director of Finance be and he is hereby authorized to pay the amount set forth in Section i hereof from the 1984 Community Development Block Grant 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 except as hereinabove set forth; and that the Director of Finance be and he is hereby authorized to pay all costs incurred incidental to the completion of the purchase including title transfer costs, the escrow fee, title guarantees or insurance and other closing costs.