82-08 Sell 1581 Elmwood - Laserfiche WebLink

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PLACED ON 1ST READING & REFERRED TO THE PLANNING COMMISSION 9/15/08, 2ND READING 10/6/08. ORDINANCE NO.: 82-08 By; Antonio, Bullock, Butler, Dever, Madigan, Power, Summers. AN ORDINANCE authorize and direct the Director of Planning and Development to enter into an agreement with a licensed real estate broker to market for sale the real property, Permanent Parcel Number 314-02-038 located approximately 1581 Elmwood Avenue for a period of 120 days, pursuant to Section 155.07 of the Codified Ordinances. WHEREAS, the City is the owner of real property, Permanent Parcel Number 314-02- 0381ocated approximately 1581 Elmwood Avenue; and WHEREAS, this Council has determined it is in the best interest of the City to sell said real property and that such sale shall further the interest of the City and its residents; Now, Therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That the Director of Planning and Development (Director) is hereby authorized and directed, on behalf of the City, to solicit proposals from licensed real estate brokers and to enter into an agreement with the broker deemed most responsive determined by the Director, to market real Permanent Parcel Number 314-02-0381ocated approximately 1581 Elmwood Avenue for a period not to exceed 120 days, pursuant to Section 155.07 of the Codified Ordinances. Section 2. That Director is hereby authorized and directed to enter into an agreement for the sale of said real property upon presentation of an acceptable offer as determined by the Director. Section 3. That Director specifically is authorized to negotiate and or make counter proposals to any offer to purchase said real property, and shall, upon the close of the transaction, report to Council the details of the sale. Section 4: That Director shall make no representations or warranties concerning the conditions of the property. Section 5. 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.