02-19 - Authorize Sale of Vacant Parcel at 1468 W. 117th St.

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Lakewood, Ohio (PPN 315 -13 -103) in substantially the same form as attached at "Exhibit A" and as approved by the Director of Law, pursuant to Section 5722.07 of the Ohio Revised Code for good and valuable consideration. Section 2. Either the Director, Mayor or the Director of Law is hereby authorized and di- rected to enter into agreements and execute all ancillary and related instruments for the sale of said real property. Section 3. The fair market value of the parcel of land that is the subject of this ordinance is affixed at $20,000.00. Section 4. Except as may be provided in the agreement attached to this ordinance, the Di- rector shall make no representations or warranties concerning the conditions of the property, in- cluding, but not limited to the property's environmental condition, mechanical systems, dry basements, foundations, structural integrity or compliance with code, zoning or building re- quirements. 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. Section 6. 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 and for the usual daily operation of the City for the reasons set forth and defined in the preamble to this ordinance, and provided it receives the affirmative vote of at least two thirds of the mem- bers of Council, this ordinance shall take effect and be in force immediately upon its adoption by the Council and approval by the Mayor, or otherwise it shall take effect and be in force after the earliest period allowed by law. Adopted:I Approved &�, c 20 / L Clerk Mayor