8928-17 Authorize Purchase of Property not to Exceed $70,000

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REFERRED TO HOUSING COMMITTEE 4/3/17. RESOLUTION NO. 8928 -17 By: Anderson, Bullock, Litten, Marx, Nowlin, O'Leary, O'Malley. A RESOLUTION to permit the purchase of real property for an amount not to exceed $70,000 without advertising and competitive bidding or specific approval of Council as required by Lakewood Codified Ordinance § 111.04 for a period of three years from the effective date of this legislation. WHEREAS, Council adopted Resolution No. 8726 -14 on April 7, 2014 which authorized the Mayor to purchase properties within the City of Lakewood without competitive bidding for a purchase price less than $60,000 for a period of three years; and WHEREAS, while the expiration of that authority is fast approaching, economic condi- tions which have been affecting local housing have are still a threat to homes in our area; and WHEREAS, the City wants to continue to defend against the unscrupulous use of deterio- rated properties; and WHEREAS, the City would like to continue to purchase properties and either rehabilitate or raze them for use as green space or to hold in the Land Bank for future development; and WHEREAS, pursuant to the Constitution of the State of Ohio and the Ohio Revised Code, municipalities have the power of local self - government; and WHEREAS, pursuant to the Constitution of the State of Ohio and the Ohio Revised Code, municipalities have the power to enact laws that are for the health, safety, welfare, comfort and peace of the citizens of the municipality; now, therefore BE IT RESOLVED BY THE CITY OF LAKEWOOD, OHIO: Section 1. The Mayor of the City of Lakewood is hereby authorized to enter into all nec- essary agreements and instruments for the purchase real property on behalf of the City of Lake- wood without advertising or competitive bidding or specific approval of Council as required by Lakewood Codified Ordinance §111.04. Section 2. Each individual transaction for the purchase of real property shall not exceed $70,000. Section 3. This authority shall expire three years from the effective date of this resolu- tion.