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Council Minutes of 6/2/2009 1994, there was a pool remodeling with a new a roof, and in 1998 or 1999, there were repairs with the HVAC and roof at the ice rink. Those upgrades are still under payment, but they are built into various notes. She can get that information to Mr. Stotz. President Kennedy said he believed the amount was about $ i .2 million. 5) An article in the newspaper on May 31 compared home prices for several years in various cities. A home across the street from him recently sold at a sheriff's sale for $80,000 off of tax appraisal. This concerns him because he is trying to sell his home to move to Cincinnati to be with his children and grandchildren. He is not going to be able to sell his home for 2-5 years. He wondered if it was Fairview Park or North Olmsted that is the inner ring suburb. Fairview Park started out at $143,000 in 2007; in 2008, $130,000; they're back up to $142,000 in 2009 as the average sale price. North Olmsted, $155,000 in 2007; down 14%, $140,000 in 2008; $120,000 in 2409-23% off. This is unacceptable. Everyone needs to look in the mirror and say what can I do so this doesn't become an inner ring city. In his opinion, there are three reasons why Fairview Park did not have a great change and is coming back. Number one, Eileen Patton. She has been very progressive, very effective, and very supportive of schools. Number two, the Gemini Rec Center is beautiful and it only passed by less than 60 votes. Young families want a modern rec center, and that's many times who are the buyers . Thirdly, the Lorain Road revitalization in Fairview Park: the brick, benches, trees, and getting rid of some of those unsightly motels. We have to make our city desirable for young people to move into. It's not happening. Other cities such as Westlake and Strongsville don't have this kind of 23% decline. This is an inner ring city. These are all pieces of the puzzle; we can do better. Mayor O'Grady answered that between Fairview Park and North Olmsted, Fairview Park is the inner ring suburb. Statistics can be manipulated. Statistics are based upon different trends at different times. If in North Olmsted in one year very high priced, high end newer homes are selling, that's very different than if there are a lot of the homes selling in the following year that were built much earlier. In Fairview Park, if you have homes in some of their more quaint neighborhoods, which is the vast majority of the city, selling primarily in one year and then the next year you have their large homes that are along the Metroparks, that's a significant difference. What you need to do is look at something that is much more objective, and the rankings that came from the County assessment on property valuations showed very clearly that in Fairview Park there was a 9% depreciation in value of homes; in North Olmsted, it was 10%. So, we're consistent on that. What we have done over these past four years with regard to insuring and protecting the value of our housing stock is nothing short of monumental. We have launched an effort to work with people who may be approaching foreclosure. On those rare instances in our city where a home actually goes into foreclosure, we have a significant and impressive system set up to protect that property and therefore the value of the properties around it. If a borne actually goes into foreclosure, we have our Police Dept. driving by it each evening and making sure everything is secure. We have our Service workers and Fire Dept., as they are in the area, keeping an eye on the house. If our Service workers see abuild-up of newspapers or mail, they pick it up. If the lawn isn't being mowed, we contact whoever owns the home. If they don't take care of the grass being mowed, we do it and we bill them. We've been doing the right things. We've got a very good Director of Public Safety, Lisa Thomas, working very closely with the Law Dept. and Assistant Law Director Carole Heyward to put together a plan to preserve 11