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. r <br /> <br />? <br />? <br />CITY OF NORTH OLMSTED, OHIO <br />ORDINANCE N0. 78 - 3 <br />B Y : ?P- • / <br />AN ORDINANCE AUTHORIZING THE MAYOR TO <br />PURCHASE, JOINTLY WITH THE NORTH <br />OLMSTED BOARD OF EDUCATION, CERTAIN <br />PROPERTY LOCATED ON STEARNS ROAD OWNED <br />BY JOHN P. AND JANE L. MARINER, AND <br />REPEALING ORDINANCE N0. 77-179, AND <br />DECLARING AN EMERGENCY. <br />WHEREAS, this Council has heretofore authorized the Mayor to <br />negotiate for the purchase of two parcels owned by John F. and <br />Jane L. Mariner, said parcels being Permanent Parcel Nos. 234-22-22 <br />and 234-22-23 located fronting on Stearns Road, and <br />WHEREAS, the City and the Mariners have reached an agreement <br />and it is the desire of this Council to have the City enter into a <br />formal agreement for the purchase of said land, and <br />WHEREAS, it is the intention of the City to take title to the <br />aforesaid property jointly with the North Olmsted Board of Education, <br />with each party paying one-half of the costs. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF <br />NORTH OLMSTED, COUNTY OF CUYAHOGA AND STATE OF OHIO: <br />SECTION 1: That the Mayor be and he is hereby authorized to <br />enter into an agreement with John P. and Jane L. Mariner for the <br />purchase of Permanent Parcels Nos. 234-22-22 and 234-22-23 which <br />are located fronting on Stearns Road, a copy of which agreement is <br />attached hereto and made a part hereof as though fully rewritten <br />herein and marked Exhibit "A". <br />SECTION 2: That the Mayor be and he is <br />enter into an Agreement with the North Olmste <br />for the joint purchase of the aforesaid land, <br />Board of Education will participate by paying <br />Olmsted one-half (1/2) of the actual cost for <br />aforesaid real property. <br />hereby authorized to <br />d Board of Education <br />to the extent that the <br />to the City of North <br />the purchase of the <br />SECTION 3: That the Mayor be and he is further authorized to <br />assign a portion of its interests to the Board of Education with <br />respect to the purchase agreement as specified in Section 1 hereof. <br />SECTION 4: That the Director of Finance be and he is hereby <br />authorized to pay to John P. and Jane L. Mariner the sum of Eight <br />Thousand Six Hundred Dollars ($8,600.00) upon the completion of <br />escrow for the purchase of the subject property. <br />SECTION 5: That Ordinance No. 77-179 adopted by this Council <br />on the 18th ay of October, 1977 is hereby repealed and any other <br />Ordinance or Resolution or parts of Ordinances or Resolutions in <br />conflict herewith, be the the same are hereby repealed.