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PLACED ON 1ST READING & REFERRED TO <br />TAE COMMITTEE OF THE WHOLE 7/6/09, <br />ORDINANCE NO. 58-0;~- <br />BY: Antonio, Bullock, Butler, Dever, <br />Madigan, Powers, Summers. <br />AN ORDINANCE authorizing the Director of Planning and Development to enter into an <br />agreement with a licensed real estate broker to market for sale the real property, Permanent <br />Parcel Number 311-15-011, located approximately 1383 Sloane Avenue for a period not to <br />exceed 120 days, pursuant to Section 155.07 of the Codified Ordinances. <br />WHEREAS, the City is the owner of real property, Permanent Parcel Number 311-15- <br />011 located approximately 1383 Sloane Avenue; and <br />WHEREAS, this Council has determined it is in the best interest of the City to sell said <br />real property and that such sale shall further the interest of the City and its residents; Now, <br />Therefore, <br />BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO: <br />Section 1. That the Director of Planning and Development (Director) is hereby authorized <br />and directed, on behalf of the City, to solicit proposals from licensed real estate brokers and to <br />enter into an agreement with the broker deemed most responsive determined by the Director, to <br />market real property, Permanent Parcel Number 311-15-011, located approximately 1383 Sloane <br />Avenue for a period not to exceed 120 days, pursuant to Section 155.07 of the Codified <br />Ordinances. <br />Section 2. That Director is hereby authorized and directed to enter into an agreement for <br />the sale of said real property upon presentation of an acceptable offer as determined by the <br />Director. <br />Section 3. That Director specifically is authorized to negotiate and or make counter <br />proposals to any offer to purchase said real property, and shall, upon the close of the transaction, <br />report to Council the details of the sale. <br />Section 4. That Director shall make no representations or warranties concerning the <br />conditions of the property. <br />Section 5. It is found and determined that all formal actions of this Council concerning <br />and relating to the passage of this ordinance were adopted in an open meeting of this Council, <br />and that all such deliberations of this Council and of any of its committees that resulted in such <br />formal action were in meetings open to the public in compliance w/~ith all~le al requirements. <br />Adopted: J V U G~~--~~~--~(" !~• ~--_-- <br />President <br />Approved ~/a 3 /D 9 <br />7/IiC ~ ~ t f rye o~..~,. <br />Clerk <br />~~~ <br />i~ay0 <br />s <br />