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Committee of the Whole
<br /> 04-18-22 18:00
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<br /> RESOLUTION 2022-14-A RESOLUTION to take effect immediately 1 0 0 1
<br /> provided it receives the affirmative vote of at least two thirds of the
<br /> members of Council, or otherwise to take effect and be in force after the
<br /> earliest period allowed by law, authorizing the negotiation of an
<br /> agreement by and between the City of Lakewood, Ohio, a municipal
<br /> corporation and political subdivision in and of the State of Ohio(the
<br /> "City"), related to the development of City-owned property at the
<br /> southeast corner of Detroit Avenue and Belle Avenue.
<br /> Sentiments for All Agenda Items
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<br /> Overall Sentiment
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<br /> Overall Sentiment
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<br /> Ben Hockenhull
<br /> Location:
<br /> Submitted At: 3:30pm 04-18-22
<br /> 1. What the the expected ROI for this development project for the city, and for the developer?
<br /> 2. When is the project projected to have paid for itself?
<br /> 3. What is the planned/expected/designed useful life of the proposed buildings?
<br /> 4. What is the expected monthly lease rate for the office space, and for the retail/commercial space?
<br /> 5. How does this rate compare to current rates for other office/retail/commercial space in Lakewood?
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