4611 - 68 Appropriate property for urban renewal plan

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RESOLUTION NO. 4611 BY: Messrs. Huffmam, Kelley, Usher, Ward, Wendling, Gaydos, Graber AN EMERGENCY RESOLUTION declaring the necessity and intent of the City of Lakewood, Ohio, to appropriate certain real property pursuant to the Urban Renewal Plan for the sloane Avenue Redevelop- ment Area Urban Renewal Project, and declaring an emergency. WHEREAS, An Urba~ Renewal Plan for the Sloane Avenue Redevelopment Area Urban Renewal Pro3ect was adopted by the Council of the City of Lakewood, Ohio, by Ordinance No, 2~68 , adopted 8 1968, and~ WHEREAS, For the purpose of eliminating the conditions of blight determined by Council in said ordinance to exist in the Project Area covered by said Urban Renewal Plan, and for the further purpose of preventing the recurrence of such conditions of blight, it is necessary to acquire certain real property located within said Project Area, and, WHEREAS, Negotiations between duly authorized representatives of the City and the owner of the parcel(s) described in this reso- lution have failed to result in any determination of reasonable compensation for said parcel(s) acceptable to the City and the aforesaid owner. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF I2%KEWOOD, STATE OF OHIO: Section 1. That it is deemed necessary and it is hereby declared to be the intent of this Council to appropriate the fee simple absolute estate in and to the real property hereinafter described for the purpose of eliminating the conditions of blight and preventing the recurrence thereof in the aforesaid Project Area by executing and implementing the Urban Renewal Plan for the Sloane Avenue Redevelopment Area Urban Renewal Project~ including the clearance and sale of such real property by the City for redevelopment pursuant to the Urban Renewal Plan. Such real property is described as follows: PARCEL A - 1370 Sloane Avenue OWNER: Sloan'e'Investment Company~ inc.,Permanent Parcel NO. 311-14-36 Situated in the City of Lakewood, County of Cuyahoga and State of Ohio and known as being all of Sublot No. 46 in Mathews and Gilbert High Bridge Park Subdivision No. 4 of part of Original Rockport Township Section NOo 23, as shown by the recorded plat mn Volume 3O of Maps~ Page 10 of Cuyahoga County Records, and being 45 feet front on the Westerly side of Sloane Avenue, and extending back 210 feet deep on the Northerly tine~ 207.92 feet deep on the Southerly line, and 28.47 feet wide in the rear, as appears by said plat,be the same more or less~ but subject to all legal highways.