Label
DPS Purchase Agreement 173 South Avenue
Solid Waste
R. Murphy (x2640) /D. Johnson (x1431)/Megan Robson (x2306)
Revised
Title
Authorizing the Mayor to enter, execute, and deliver a Real Estate Purchase Agreement and other needed instruments for the sale and conveyance of 173 South Avenue, Parcel # 18-72294 to Lucas County Economic Development Corporation; authorizing the deposit of net sale proceeds; making certain findings with respect thereto; waiving the notice and competitive bidding provisions of T.M.C. 187.19; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The City of Toledo is the owner of a parcel of land, 173 South Avenue (Parcel #18-72294) located between Interstate 75 and the Maumee River. The city acquired the 1.774 acre parcel in 1921 from the original owner of Hewitt's Addition, and this land has been vacant since acquisition. The Buyer will acquire property from other adjacent owners and assemble land to construct a materials recovery facility (MRF) that will process recyclable material from both the City of Toledo and Lucas County. The city has been working with the Lucas County Solid Waste Management District to develop a MRF inside city limits, and this development is a required component of the county's Solid Waste Management District Plan. Currently, the nearest facility with the needed capacity is located in Oberlin, Ohio, approximately 90 miles away, incurring significant transport costs. Locating the MRF, within city limits, will not only reduce transportation costs, but also give local control to the processing and marketing of the material and create additional business and employment opportunities inside the community. Lucas County Solid Waste Management District is planning to have the MRF operational by the end of 2025. The county's Solid Waste Management Plan update is currently underway and the specifics of the updated operation costs are being updated over the next several months.
Summary
NOW, THEREFORE, Be it o...
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