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1991 051 Ordinance
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1991 051 Ordinance
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Last modified
11/19/2018 4:06:15 PM
Creation date
9/5/2018 9:16:03 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
051
Date
11/21/1991
Year
1991
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r <br />AGREEMENT <br />This Agreement (the "Agreement") has been made and <br />? the <br />entered into as of Dccemlier 6, 1991 between Mayfield Villag („ a munici al corporation duly organized and existing <br />Village"), p <br />under the laws of the State of Ohio, and Progressive Casualty <br />Insurance Company (the "Company"), an Ohio corporation with its <br />rincipal place of business at 6000 Parklancl Blvd., Mayfield <br />P <br />Heights, Ohio 44124• <br />W I T N E S SB T H: <br />WHEREAS, the Company agrees to improve the proPerty <br />the "PropertY") with <br />described in Exhibit "A" attached hereto ( <br />thC construction of approximately 475,000 squarc feet oL new <br />facilities, which improvements are further described i.n Exhibit <br />"B" attached hereto and are hereinafter referred to as the <br />"Project," and in order to proceed with the construction of the <br />Project, the Company has determined that certain cooperative ent <br />actions by thc? Village as hereinafter described in this ngreem <br />are necessary and appropriate; and <br />WHEREA5, the Village has determined that it is in the <br />best interest of Mayfield Village and its citizens to take such <br />ublic actions as are reasonable and appropriate to induce t11e <br />p os? of <br />ublic purI? <br />Company ?Lo proceed with the Project for the p <br />creation of jobs and employment opportunitics, stimul_ating <br />economic development, and promoting the development of vacant <br />land; and
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