2007-053 Resolution - Laserfiche WebLink

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CITY OF NORTH OLMSTED RESOLUTION NO. 2007 - 53 BY: Mayor O'Grady A RESOL UTION A UTHORIZING THE DIRECTOR OF PLANNING TO PROCEED WITH NEGOTIATIONS FOR THE SALE OF CITY-OWNED REAL PROPERTY ON LORAIN ROAD IDENTIFIED AS PERMANENT PARCEL NUMBER 237-09-003 AND KNOWNAS THE FORMER SITE OF THE PINE TREE BEVERAGE STOI:E, AND FURTHER AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT TO SELL THE REAL PROPERTY. WHEREAS, the City owns approximately one-quarter acre of commercial property on Lorain Road (Permanent Parcel No. 237-09-003) which was purchased and the building demolished with CDBG funds to eliminate slum and blight conditions in the City; and WHEREAS, the conditions of the CDBG grant terminated on March 31, 2007, and, as of April 1, 2007, the property is eligible to be sold; and WHEREAS, the Administration finds that there are no public uses for the subject real property and that the City is expending resources to maintain the property, and accordingly recommends that it be sold; and WHEREAS, the property does not abut any residential property in the City and is entirely surrounded by other commercial property; and WHEREAS, it is accordingly the desire of this Council to authorize the Director of Planning to proceed with negotiations related to the sale of this real property, and to further authorize the Mayor to enter into a contract for the sale of the real property at a price that is no less than three-quarters of the appraised value of the property; NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED, CUYAHOGA COUNTY, AND STATE OF OHIO: SECTION 1: That this Council finds that the real property owned by the City and identified as Permanent Parcel Number 237-09-003 is surplus real property for which the City has no governmental use. SECTION Z: That the Director of Planning be and she is hereby authorized to proceed with negotiations to sell the said real property described in Section 1 above.