89-91 Purchase Agreement 1386 Park Row

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PLACED ON FIRST READING & REFERRED TO RECREATIONAL $ JUVENILE COMMITTEE ON 10/21/91. 2nd READ & REFERRED ~ FINANCE CMTE & MAYOR'S TRAFFIC~COMMISSION 11/18/91. REFERRED TO LAW DEPT. on 12/16/91. PLEASE SUBSTITUTE FOR ORDINANCE NO. 89-91 originally on 10/21/91 Docket BQs~ai~Ga~le,. §mlt~ orge, Gibbons, ORDINANCE HO. 89-91 BY: ~orn, ~eeilagh r e AN EMERGENCY ORDINANCE, authorizing and directing the Mayor, on behalf of the City of Lakewood, to enter into a Purchase Agreement with C. A. Litzler Company, Incorporated, with offices at 4800 West l~0th Street, Cleveland, Ohio 44135-2689 for the acquisition of property located in the city of Lakewood at 1386 Park Row. WHEREAS, Council has determined that it is in the best interest of the City to acquire said property to be used for a public purpose, and WHEREAS, said property is an essential part of the city's program of acquiring land for park faci!ites providing recreational areas for the citizens of the City, and WHEREAS, the current owners of the property have agreed to negotiate a sale of the property to the City for a purchase price of $140,500 subject to final approval by Council pursuant to a duly adopted ordinance and final acceptance of the agreement, and WHEREAS, this Council by two-thirds vote of the members elected thereto determines that this ordinance is an emergency measure which is necessary for the immediate preservation of the public peace, property, health and safety, and for the reason that the Seller's offer is contingent on acceptance in time for a 1991 closing; now therefore BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That the Mayor on behalf of the City of Lakewood be and he is hereby authorized and directed to enter into a Purchase Agreement with the C. A. Litzler, Company, Incorporated for the acquisition of the property located at 1386 Park Row and described in Exhibit "A" attached hereto and incorporated by reference herein, said Purchase Agreement to .be substantially in the form of Exhibit "A" with such additional provisions as are acceptable to the'Director of Law to protect the public interest. Section 2. That pursuant to the conditions of the aforementioned Purchase Agreement, Council hereby formally approves the purchase of said property hereinabove described, including the terms and conditions set forth therein and approves and ratifies the actions of the Mayor as of this date and authorize the Acting Finance Director or Finance Director to expend the necessary funds to complete the purchase. Section 3. 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 that all such deliberations of this Council and of any of its committees that resulted in such formal action were in meetings open to the public in compliance with all legal requirements.~ Section 4. That this ordinance is hereby declared to be an emergency measure necessary for the immediate preservation of the public peace, property, health, safety and welfare in the City for the reasons set forth and defined in the preamble to this ordinance, and provided it receives the~affirmative vote of two-thirds of all members elected to Council, this ordinance shall take effect and be in force immediately upon its adoption by Council and approval by the Mayor; otherwise, it shall take effect and be allowed by law. Adopted: Approved: CLERK