Label
Glass City Riverwalk on Owens Corning Campus
Department of Economic Development
Brandon Sehlhorst (x1692)
Revised
Title
Authorizing the Mayor to enter into an agreement with the Metropolitan Park District of the Toledo Area and Owens Corning for the development of the Glass City Riverwalk Project; making certain findings with respect thereto; waiving the competitive bidding process of Toledo Municipal Code Chapter 187.19 with respect to the conveyance of real property; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The City of Toledo is partnering with the Metropolitan Park District of the Toledo Area (Metroparks) and Owens Corning to develop the Glass City Riverwalk, a signature public riverfront project located on the Owens Corning Headquarters campus.
The property required for the project is owned by the City of Toledo and leased to Owens Corning. In order to facilitate the construction, ownership, and long-term maintenance of the Glass City Riverwalk by Metroparks, the City-working in coordination with Owens Corning-must convey certain real property interests to the Metropolitan Park District of the Toledo Area.
This ordinance authorizes the Mayor to execute the necessary agreements and related documents to enable the development of the Glass City Riverwalk Project and approves the conveyance of the required property interests to Metroparks. Given the unique public purpose of the project and the Metroparks' role in developing and maintaining the Riverwalk for public benefit, the ordinance also waives the competitive bidding requirements of Toledo Municipal Code Chapter 187 with respect to the conveyance.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor and other appropriate City officials are authorized to enter into and execute agreements with the Metropolitan Park District of the Toledo Area and Owens Corning, and to execute such other agreements, instruments, and documents, and to ...
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