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ORDINANCE NO. 2000- 2s <br />INTRODUCED BY: Mayor Rinker and Council as a Whole <br />AN EMERGENCY ORDINANCE <br />AUTHORIZING A DEVELOPMENT AGREEMENT <br />BETWEEN THE VILLAGE OF MAYFIELD AND <br />GOVERNOR'S VILLAGE, LLC <br />WHEREAS, it is the desire of Council to enter into a Development Agreement for <br />Governor's Village, LLC, including a Tax Increment Financing Agreement, and an <br />agreement for the removal of a median on North Commons Boulevard so as to allow <br />access on both the east and west sides of the Boulevard for both Governor's Village, LLC <br />and the Village of Mayfield. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF MAYFIELD <br />VILLAGE, OHIO, THAT: <br />SECTION 1. That the Mayor is hereby and herein authorized and directed to enter <br />into a Development Agreement with Governor's Village LLC, pursuant to the terms and <br />conditions asset forth in Exhibit A, attached hereto and incorporated hereby by reference. <br />SECTION 2. The Council finds and determines that all formal actions of this Council <br />relating to the adoption of this Ordinance have been taken at open meetings of this Council; <br />and that deliberations of this Council and of its committees, resulting in such formal action, <br />~- took place in meetings open to the public, in compliance with all statutory requirements <br />including the requirements of Section 121.22 of the Ohio Revised Code. <br />SECTION 3. This Ordinance is hereby declared to be an emergency measure <br />immediately necessary for the health, safety and welfare of the residents of Mayfield <br />Village, Ohio. It shall, therefore, take effect immediately upon the passage by the <br />affirmative vote of not less than five (5) members elected to Council and approval by the <br />Mayor or otherwise at the earliest time allowed by law. <br />W22 NfRRLTCfA~tDT <br />Council President Pro Tem <br />~_~~ <br />~' <br />