26-2021 - Authorize sale of 1462 Belle Ave.

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Placed on 1st reading & referred to HPD 7/19/21; 2nd reading 9/7/21; Recommended for adoption by HPD 9/7/21 Bullock, Kepple, Lltten, Neff , O'Malley, Rader, Shachner ORDINANCE NO.26-2021 BY: AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, authorizing and directing the Director of Planning and Develop- ment to enter into an agreement with LakewoodAlive for the sale of 1462 Belle Avenue, pursu- ant to Section 155.07 of the Codified Ordinances. WHEREAS, the City is the owner of real property located at 1462 Belle Avenue; and WHEREAS, the property located at 1462 Belle Avenue was consumed by a house fire in January, 2021 after which the America Zurich Insurance Company, the City's insurance carrier, declared the property a total loss; and WHEREAS, in an attempt to restore the structure rather than demolish it, the City is seeking to transfer the property to LakewoodAlive to oversee a plan for restoration by a private developer; 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; and WHERAS, as set forth in Section 2.12 of the Third Amended Charter of the City of Lakewood, this Council by a vote of at least two thirds of its members determines that this ordi- nance is an emergency measure and that it shall take effect immediately, and that it is necessary for the immediate preservation of the public property, health, and safety and to provide for the usual daily operation of municipal departments in that this property is currently vacant, in a dete- riorated condition due to the fire and immediate action is required; now, therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, OHIO: Section 1. The Director of Planning and Development ("Director") is hereby authorized and directed, on behalf of the City, to enter into a purchase agreement with LakewoodAlive for the sale of 1462 Belle Avenue, in substantially the same form attached as Exhibit "A" and ap- proved by the Law Director, pursuant to Section 155.07 of the Codified Ordinances. Section 2. The Director shall make no representations or warranties concerning the condi- tions of the property, including, but not limited to the property's environmental condition, me- chanical systems, dry basements, foundations, structural integrity or compliance with code, zon- ing or building requirements.