70-093 Ordinance - Laserfiche WebLink

Home Browse Search

.~ CITY OF NORTH OI~TED ORDINANCE N4. D - ~ BY : i~~7re/. ORDINANCE APPRCVIEG A LEASE A AND DESD WTTH R'Eg1~CT TO ~ Mt1AICIPAL SW"r Pt3C?L FILITY AND TZTEG AND DDCTINQ TEE 1~ttAYtN< TO SUCK LEASE AG AND . S ON BE'ttAl~' ~F THE CITY, AND DECLARING Alt EM~ENCY. i~xEAS, this Council finds and determines that for some time there has bean and there continues to be an urgent necessity for providing iu this City additional recreational. facilities ixi the form of an outdoor swfae~ng pool facility but that applicable constitutional tax rate limitaticna when con- sidered with existing indebtedness of the City are such that the City cannot issue bonds i.n an amount sufficient to provide funds for the construction by the City of such an outdoor swim~aai.ng pool facility; and Wf~F~S, Community Recreation Company, division of The 87.are Construction Company (hereinafter referred to as Community Recreation Ccapany), an Cihio corporation for profit which has specialized skiLt and experience 3.n the construction and management of public sw3.mai.ng facilities, has pree~ted to the City a proposal for the construction and developo~ent by Comity Recrea- tion Company on property to be conveyed by the City to C ty $ecreation Company of a municipal. swimming pool facility to consist of a swiar3a~g and diving pool, a wading pool, bathhouse, filtration, chlorinators, itsg and heating equipment, chain link fence and gates, and usual apptnrtc+ss and the leasing of such facility including the real estate on which it is to be constructed and developed to the City for a period of ten years c inB when Community Recreation Company has completed the facility earl with pro- vision for the City to acquire complete ownership and title to the facl.].ity and real estate upon the expiration of such lease; and SEAS, this Council finds and determines that the acceptes~ae of such proposal is in the best interests of the City, its inhabitants awl the public welfare and will.acco~li.sh a necessary municipal purpose by providing for the City and its in~fabitants a coaaplete municipal swim~n3.ng pool Facility through the utilization of a lease agreement and without the necessity of the City incurring debt'to provide funds for the construction by the City of such facility; and WiIEREAS, this Council further finds and determines tlamt the City acting under the powers greeted to it by Section 3 of Article X`RII of the tJhio Constitution, by Article II of the Charter of the City, and by Section 13 of Article IV of such Charter is empowered and authorized to eater into the pro- posed lease agreement and to convey such real estate to Carranity Regceation Company under the terms, conditions and provisions and rights reserved to the City, all as set forth in the proposed lease agreement and deed; NOW, ARE, BE TT ORDAINED by the Council of the City of North Olmsted, Cuyahoga County, Ohio: Section 1. That the lease agreement and the deed attached to this ord- nance as Exhibit A atad Exhibit B, respectively, and by reference thereto made a part hereof, be and the same are hereby approved and the f3~ndings and deter- minations of this Council as set forth in the preambles to this ordinance are adopted as a part hereof. Section 2. Z9iat the Mayor of this City is hereby authorised and directed on behalf of the Cult to enter into and execute the aforesaid lease agreement, to execute the aforesaid deed, and to deliver such executed lease agreement and deed to Community Recreation Company.