2024-020 Ordinance - Laserfiche WebLink

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CITY OF NORTH OLMSTED ORDINANCE NO. 2024 — 20 BY: Mayor Jones AN ORDINANCE DIRECTING THAT THE REAL PROPERTY OWNED BY THE CITY OF NORTH OLMSTED AND KNOWN AS 0.7467 ACRES, OR 31,527 SQUARE FEET, OF PERMANENT PARCEL NUMBER 233-26-063 WHICH IS PRESENTLY UNDEVELOPED PROPERTY BUT IS NO LONGER NEEDED FOR MUNICIPAL PURPOSES BE SOLD TO BDW PROPERTIES, LLC.; AND FURTHER AUTHORIZING THE MAYOR TO EXECUTE A PURCHASE AND SALE AGREEMENT AND ALL OTHER DOCUMENTS REQUIRED TO EFFECTUATE SAID SALE, AND DECLARING AN EMERGENCY. WHEREAS, the City in 2023 acquired, among other parcels, Permanent Parcel Number 233-26-063 from the North Olmsted Board of Education as part of the sale of the former Forest School site to the City; and WHEREAS, the properties acquired by the City from the Board of Education including PPN 233-26-063 were intended to be redeveloped into tax producing property; and WHEREAS, Weber Automotive has presented to the City a proposed expansion of its operations that can utilize the property known as 0.7467 acres, or 32,527 square feet, of PPN 233-26-063 ("Property") for a tax producing use; and WHEREAS, the Property is not needed for any municipal purpose; and WHEREAS, the proposed purchase price for the Property is $25,855.02; and WHEREAS, it is the desire of this Council to sell the real property known as 0.7467 acres, or 32,527 square feet, of PPN 233-26-063 to BDW Properties, LLC upon the terms and conditions negotiated by the Mayor; and WHEREAS, it is the further desire of this Council to repeal Ordinance No. 2023-94, which had previously approved the sale of this real property in order to make necessary adjustments to the legal description of the parcel to be conveyed to BDW Properties, LLC. NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED, CUYAHOGA COUNTY, AND STATE OF OHIO: SECTION 1: That the Mayor be and she is hereby authorized to execute a Purchase and Sale Agreement with BDW Properties LLC for the sale of real property known as 0.7467 acres, or 32,527 square feet, of PPN 233-26-063 to BDW Properties, LLC, with such contract based upon the legal description of area as set forth in the Lot Consolidation Plat attached to this Ordinance as "Exhibit A."