|
ORDINANCE NO. 56-74
<br />
<br />BY:Messrs. McBride, Sinagra, Usher,
<br /> Brockman, Graber, Magnotto
<br />
<br /> AN E}~RGENCY ORDINANCE providing for the sale of certain real property
<br />located at 1463 Belle Avenue in the City-of Lakewood, Ohio.
<br />
<br /> WHEREAS, the said real property (hereinafter described in the body
<br />of the agreement).owned by the City of Lakewood, is no longer needed for any
<br />municipal purposes, and,
<br />
<br /> WHEREAS, it is in the best interest of the City of Lakewood that the
<br />said real property be sold, and,
<br />
<br /> WHEREAS, this ordinance constitutes an emergency measure providing
<br />for the immediate preservation of the public health, safety and welfare and for
<br />the usual daily operation of a municipal department; now, therefore,
<br />
<br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO:
<br />
<br /> Section 1. That it is hereby determined that the real property des-
<br />cribed in the agreement set forth herein is no longer needed for municipal
<br />purposes.
<br />
<br /> Section 2~ This council hereby authorizes the sale of said land to
<br />Frank K. Ziegenruecker, and Margaret M. Ziegenruecker, husband and wife, and the
<br />Mayor is authorized and directed to execute, on behalf of the City of Lakewood,
<br />a contract for the saie of said property, in substantially the following form:
<br />
<br />AGREEMENT
<br />
<br />THIS ~GREEMENT made and concluded at Lakewood, Ohio, this__day of ,
<br />1974, by and between the City of Lakewood, whose mailing address is 12650 Detroit
<br />Avenue, Lakewood, Ohio, hereinafter called the "VENDOr' and Frank K. Ziegenruecker
<br />and Margaret M. Ziegenruecker, husband and wife, hereinafter called the "VENDEES"
<br />
<br />WITNESSETH:
<br />
<br />That in consideration of the mutual promises of the parties herein contained,
<br />the VENDOR agrees to sell and convey and the VE}~EES agree to purchase and pay
<br />for, upon and under the provisions, terms and conditions herein expressed, the
<br />following described premises situated in the City of Lakewood, County of Cuyahoga
<br />and State of Ohio:
<br />
<br />Situated in the City of Lakewood, County of Cuyah~ga, State of Ohio,
<br />and being known as sublot No. 122 in the Belle Avenue Allotment of
<br />parts of Original Rockport Township Section No. 22 as shown by the
<br />recorded plat in Volume 41 of Maps, Page 23 of Cuyahoga County Records,
<br />and being 45 feet front on the easterly side of Belle Avenue (60 feet
<br />wide), 187.72 feet deep on the southerly line, 187.83 feet deep on the
<br />northerly line and 45 feet in the rear, as appears by said plat, be the
<br />same more or less, but subject to all legal highways.
<br />
<br />and furthern known as 1463 Belle Avenue, together with all buildings and
<br />appurtenances thereon and appurtenant thereto or thereon in their present
<br />condition.
<br />
<br /> The VENDEES agree to pay for said property the sum Of Twenty Three
<br />Thousand Seven Hundred and One Dollars ($23,701.00) payable as follows:
<br />
<br /> The VENDOR acknowledges receipt of a certified check in the sum of
<br />Five Hundred Dollars ($500.00) deposited by VENDEES with the proposal to purchase,
<br />which sum shall be applied to the purchase price. The balance of the purchase
<br />price shall be deposited by the VENDEES with the escrow agent, Broadvtew Savings
<br />and Loan Company, 14534 Madison Avenue, Lakewood, Ohio, 30 days.from date of
<br />execution of this agreement.
<br />
<br />
<br />
|