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PLACED ON 1ST READING & REFERRED TO THE
<br />HOUSING COMMITTEE t~/15/01.
<br />PLACED ON 2ND READING 11./5/01.
<br />
<br />ORDINANCE NO.
<br /> 5i-Oi
<br />
<br />BY: Corrigan, FitzGerald, George, Roth,
<br /> Seelie, Skindell, Smith.
<br />
<br /> AN EMERGENCY ORDINANCE authorizing the_Mayor or her des~n_ee to enter [.n. to .an
<br />aclreement in' an amount not to exceed Twenty -[h_ou.sand .Dg. lla.rs ~,~.20_~0.00.0p).. wl.m .m.e
<br />Cleveland Restoration Society: Preservation Kesource center of ~.ormea~..u. njo.relaave to..me
<br />Cuyah.~a County He.d~..g.e Home,.Loan Program_to provide profession.al .n,stonc .1~ .res~rvaaon.
<br />technical assistance to LaKewoo~ homeowners. ~on~act not to exceee me specmea amount
<br />shown without separate Resolution of Coundh
<br />Co ' W. HERE~.. ~ Re .C:jty .of .L~. k.e. woc~., inten,ds to_enter into .a.n.ag.r.~men, t~ W~, C~UYma_h~°ge~[
<br /> unty. mr pa.rtic~papon in me i-i.e.n.tage rlome Lqan I~rog.ramL~wn,cn wm pro~ae oelow a .
<br />intere~ rate loans to owners or nis~odc properties in me City of Lakewood for repairs aha
<br />housing improvements; and
<br />
<br /> WHEREAS, the~oal of The Heritacle Home .Loan Program is to enco.u, rage. pm. pe.rty
<br />owners to' reinvest in their landmark-qualiC-y homes following historic preservation stanaards;
<br />and.
<br />
<br /> WHEREAS, the Cleveland Restoration Society:..Preseryation Res~..u~e. Cen. te.r. of
<br />Northeast Ohio will provide, the ne .c~ssary. t. eF. hni~!' asa.scan.ce to .en. spre. mat me .~entage
<br />Home Loan Program will fosmr examples or nign qua,~ty reszoramon or o,aer nomes; ana
<br />
<br /> WHEREAS, the. He.al. rage Hom. e L.oa.n Prog.ram. wi!l initially .be limited to Lakewood,
<br />Cleveland Heights, ShaKer Heights aha certain Clevelana nelghborhooas; and
<br />
<br /> WHEREAS, each comm~unity pa.rti.ci .Eating~in_ ~_e_ p_iLo, t .Hen~tage Home.Loan Program is
<br />required to contribute Twenty Thousana aollars f,$zu,uuu.uu) me nrs[ year; ana
<br />
<br /> WHEREAS, the three and one-half percent (3.5.%) loan will be a subsidized loan. by
<br />Cuyahoga County through a linked deposit program; ana
<br /> WHEREAS, accor.d, ing. to the National Trust qr. Historic Pr .~afion, ~is pr .ograu~dhl~daS
<br />the potential to Decome me ,argest historic pre~ .ryati.o.n p.rog~m in .me .coun .t[y .a.na couj~q .. ,
<br />model community rev[.talizatiqn program recogmmng me oeauty ana va~ue o~ omer remaer~m
<br /> properties as communffy assets; aha
<br /> WHEREAS, this Council by a vote of at least five_(.5.).m.e,.mbe~, elected.~e~e
<br />dete .rmi.n~ that ~is. o.rd. inance .!s. an eme-rgen.cy, me-a_sure, aha mat tins oro,nan~ s.n_m~ .~..
<br />effect at me eaniesc aate posame as se~ form In ARTICI~ [II~ S.E.C~I...ONS 10 ana .~ of .m.e
<br />SECOND AMENDED CHARTER OF THE crFY OF LAKEWOOD, ana mai ~t Is n.e. ces~.a, ry to prowqe
<br />for the usual daily op~.ration of mun. iclpal .deL~rtme.n.~ in.that.!.mmegmteacoon, is necessary ~n
<br />oreer to meet county Program requirements mr pamclpaang crees, mow, nererore,
<br />
<br /> BE IT ORDAINED BY THE ~ OF LAKEWOOD, STATE OF OHIO:
<br /> Section 1. That coundl of the City of Lakew.ood hereby auth.oriz.~.. ~.e Mayor lanndd
<br /> _the Di .r~ct. or_of. P!annLng and. Deve_lopment to_ e.nter i.nt.o, an agreement .w~m. me c~eve a
<br /> Kestoration bociety: ?.ese..rva. tion Resou..rge c~. hr. er. or. mo.r~.ea~t Oh[o..tor ~me~.pu ~rlx~. Oo}
<br /> Droviding~,prof .e.~..iona.~ mston, c. pr_eserv, a=on _tecn.mcaj. a.ssls[an.c.e re~.aave
<br /> Lakewoo~.s pa..mdpeb.'qn .in me ~,uya.n. oga. ~x~unty Heritage mome ~o.an_ ~rogram.
<br /> agr..eeme~t_~sn~a_,l j?~vlae_ .m.r compen~ap.n m .an a.moun.t. Dot .to .exceee i wenty ,.n.ousa.na
<br /> uol~ars [~.z.u, uuu;uu~, baia contract sna~ ee in su~s[anaally me rorm as approve~ oy me
<br /> Director or Law.
<br /> Section 2. It is found and determined that all formal actions of this coundl
<br /> conce_ming..and r.el.a, tin. g t..o the. pa.s.~...ge o.f this O.r.d.i.nan_ce we.re ad. opted i-.n .an open .m..eefingo.f
<br /> this ~.ouncll, aha mat all SUCh aerial.,, rations or mis coun. dl ane any or i.m. commi..ttee..s .ma[.
<br /> resulted in such formal actions, were ,n meetings open to the public in comphance witn al~ ~ega,
<br /> requirements.
<br /> Section 3. That this ordinance is hereby d.eclared to be. a.n .emerge.n~ m.~anS~
<br /> nec~y for the usual daily o .p. eration of the C.~y fOr.me .m. aso.ns set r. orm. a.n
<br /> pre~-n-I~l.e to this ordinance, and provide~l..it receives me amrmative vote or at ~eas~ nve Ih) or
<br /> its members elected to Council~ this ominance shall take effect and be in force immediately
<br /> upqn its adoj~tio.n, by the Counc.,I a. nd.. appr. qval. by the Mayor otherwise~ it shall take effect anc~
<br /> b~ m mrce after me earliest period allowee oy law.
<br />
<br />P/resident of council
<br />Mayor [
<br />
<br />
<br />
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