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_ h.1k--... <br />CITY OF NORTH OLMSTED <br />ORDINANCE NO. 93-153 <br />BY: MAYOR BOYLE AND THE ENTIRE COUNCIL <br />AN ORDINANCE CONFIRMING THE EXERCISE OF OPTION <br />TO PURCHASE LAND FOR SENIOR HOUSING AND <br />AUTHORIZING THE MAYOR TO PROCEED WITH THE <br />PURCHASE OF SAID LAND. <br />WHEREAS, This Council, by virtue of the passage of Ordinance No. 93-63, authorized <br />the Mayor to enter into an option agreement with Michael O' Grady for the property located at <br />30338 Lorain Road, North Olmsted, Ohio bearing PP# 233-8-16; and <br />WHEREAS, the City has received the results of vazious studies concerning the need for <br />Senior Housing as well as the land requirements; and <br />WHEREAS, it is the desire of this Council, after having been advised of the need for <br />Senior Housing, to proceed with said project; and <br />WHEREAS, it is further the desire of this Council to ratify the exercise of the option to <br />purchase said property and authorize the Mayor to proceed with the purchase of same on behalf <br />of the City. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH <br />OLMSTED, COUNTY OF CUYAHOGA AND STATE OF OHIO: <br />SECTION 1: That the Mayor be and he is hereby authorized to take all necessary steps <br />to complete the purchase of the property located at 30338 Lorain Road, North Olmsted, Ohio, <br />bearing P.P. No. 233-8-16 with authority sha11 be consistent with the option agreement as entered <br />into extended and exercised, a copy of which is attached hereto and marked Exhibit "A". <br />SECTION 2: That this ordinance shall take effect and be in force from and after the <br />earliest period allowed by law.