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ORDINANCE NO. 9-90 Please SUBSTITUTE FOR ORD N~ PLACED ON FIRST RE~,DING a~d ~E9~ to COMMITTEE OF *WHOLE 'on 2/20/9O2and PLACED ON SECOND READING 2/26~/90 BY: Boscia, Gallagher, Gazzana, George, Graham, Roth, Smith AN EMERGENCY ORDINANCE authorizing and directing the Mayor, on behalf of the City of Lakewood, to enter into a Purchase Agreement with Mack Products, for the sale of certain property located 11900 Detroit Avenue, (Permanent Parcel No. 312-33-8, 9 & 29). WHEREAS, Council has determined that it is in the best interest of the City to sell the portion of said property fully described in the legal description and engineering drawing attached hereto and incorporated by reference herein, and WHEREAS, provisions regarding real property transactions are contained in Chapter 155 of the Codified Ordinances of the City of Lakewood and Section 155.07 provides that specific procedures may be established for the sale or dispostion of particular real estate or interest therein, WHEREAS, the property to be conveyed according to the letter proposal attached hereto is uniquely situated so that its use by the proposed buyer is superior to any possible public use and there is no other likely buyer for the property, and WHEREAS, the letter proposal attached hereto constitutes the conclusion of an arms length transaction between representatives of the City and the proposed buyers and such sale is in the interest of all the citizens of this community, and WHEREAS, this ordinance constitutes an emergency providing for the immediate preservation of the public health, and welfare; now, therefore, measure safety BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That the Mayor on behalf of the City of Lakewood, be and he is hereby authorized and directed to enter into a Purchase Agreement for the sale of the property located at 11900 Detroit Avenue and described in Exhibits "B" and "C" attached hereto and incorporated by reference herein, said Purchase Agreement to be substantially in the form of Exhibit "A", the proposal letter attached hereto and made a.part hereof as if fully rewritten herein, with such additional provisions as are acceptable to the Director of Law to protect the public interest. Section 2. That pursuant to the conditions of the aforementioned Purchase Agreement, Council hereby formally approves the sale of said property hereinabove described and the terms and conditions set forth in the letter proposal. Section 3. Council hereby determines that the uniqueness of the property and the special conditions relating thereto form a basis for establishing this negotiated procedure for the sale of said property in accordance with Section 155.07 of the Administrative Code of the Codified Ordinances of the City of Lakewood. Section 4. 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.