Label
DEBD Triad Business Park Property Sale
B. Burkett (x1692)
Revised
Title
Authorizing the Mayor to execute and deliver needed instruments for the dedication of certain city-owned real property as public right-of-way in Monclova Township, Lucas County, Ohio; waiving the competitive bidding and advertising provisions of TMC 187.19; and making certain findings with respect thereto; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The City of Toledo is the owner of certain real property located in Monclova Township known as Triad Business Park (TD 38-000694). The subject property was split in such a way to facilitate the parcel being publically dedicated as right-of-way known as Riverfort Drive. The City intends to work with the Board of Commissioners of Lucas County to dedicate the real property identified in Exhibit A, attached to and made part of this ordinance. The dedication of Riverfort Drive is necessary to facilitate future development within Triad Business Park. The subject property is located within the Maumee-Monclova-Toledo Joint Economic Development Zone.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to execute and deliver the needed instruments for the public dedication of Riverfort Drive as right-of-way under additional terms and conditions approved by the Mayor, the Director of Law and the Director of Economic & Business Development as being in the best interests of this City, and in keeping with the findings, determinations and purposes of this Ordinance, with the execution by the Mayor of the needed instruments being conclusive evidence of such approvals, and no further action relating thereto shall be required by Council.
SECTION 2. That this Council finds and determines that the Real Property to be publically dedicated is Real Property which is not needed by the City for any municipal purpose; notwithstanding and as an exception to the ...
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