21-76 Purchase 1311 Webb Rd - Laserfiche WebLink

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ORDINANCE NO. 21,76 BY: Messrso Usher, Chinnock, McBride, Salmon, Sinagra AN EMERGENCY ORDINANCE ~authorizing the Mayor on behalf of the City of Lakewood to purchase the certain real estate located at 1311 Webb Road, Lakewood, Ohio~ hereinafter more particularly described. WHEREAS, this ordinance constitutes an emergency measure .providing for the immediate preservation of the public health and welfare and for the usual daily operation of a municipal department and for the further reason that the owners have agreed to sell said property for the consideration herein stipulated and this'Council determines it to be in the best interest of the City that the property be purchased immediately so that the construction of the Webb Road Park can be commenced without any further delay; now, therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That the Mayor be and he is hereby authorized and directed to purchase from Allen J. and Nancy Park, husband and wife, the following described property: Situated in the City of Lakewood, County of Cuyahoga and State of Ohio, and known as being part of Sub Lot No. 1 in Carlos R. Atwill's Subdivision of part of Original Rockport Township Section No. 23 as shown by the recorded plat in Volume 8 of Maps., Page 22 of Cuyahoga County Records, bounded and described as follows: Beginning at the intersection of the Easterly side of Webb Road with the Southerly line of Sublot .No. 1; thence Easterly along the Southerly line of Sub Lot No. 1, 286.81 feet; thence Northerly parallel with the Easterly line of said Sub Lot 91.08 feet to a point on the Northerly line of Sub Lot No. 1; thence Westerly along said Northerly line 137.02 feet; thence Southerly parallel with the Westerly line of said Sublot 40 feet; thence Westerly parallel with the Northerly line of said Sub Lot 150 feet to the Easterly side of Webb Road; thence Southerly along said Westerly side 51.08 feet to the place of beginning. and to pay therefor the sum of Forty Thousand Dollars ($40,000.00). Section 2. That the title to said property shall be Subject to the approval ~of the Director of Law; that taxes and'assessments and rental income shall be prorated as of the date of the filing of the Deed for record using the last available tax rate and valuation for computing tax prorations; that the Director of Finance be and he is hereby authorized to pay the amount set forth in Section 1 hereof from the 1975 Com- munity Development Funds upon delivery by the Grantor of a good and sufficient Warranty Deed to the City of Lakewood, together with guarantee of title disclosing the said real estate to be free and clear of all encumbrances excepting taxes and assessments not yet due and payable, zoning ordinances and restrictions o'f record, if any; and that the Director of Finance be and he is hereby authorized to pay the City's share of expenses incidental to the completion of the purchase including the cost of recording the deed, one half of the escrow fee and any prorata share chargeable to the City as purchaser. Section 3. That this ordinance is hereby declared to be an emergency measure for the reasons stated in the preamble hereof and provided it receives the affirmative vote of two-thirds of all members elected to Council, it shall take effect and be in force immediately up.on its adoption an~/~p~roval by the'Mayor.~ Adopted ./~ff~.~ , ~ / ~ - Clerk Mayor