Label
DEBD LBSale2231,2235,2237,2241&2243Bakewell/Britt
Development / Real Estate
WJ Burkett (x1692) cw/tk
July 16, 2018
Title
Authorizing the Mayor to enter, execute and deliver a Real Estate Purchase Agreement and other needed instruments for the sale and conveyance of 2231, 2235, 2237, 2241 & 2243 Bakewell Street to Tracey K. Britt; authorizing the deposit of net sale proceeds; making certain findings with respect thereto; waiving the notice and bidding provisions of T.M.C. 187.19; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The City operates a Land Reutilization Program pursuant to Section 187.19(a) of the Toledo Municipal Code which authorizes the City to accept nonproductive land and dispose of same pursuant to Chapter 5722 of the Ohio Revised Code. The Department of Economic & Business Development oversees the review and processing of the program. Tracey K. Britt of 3920 Fairwood Drive, Sylvania, Ohio 43560, has approached the City with the desire to acquire the vacant landbank parcels at 2231, 2235, 2237, 2241 and 2243 Bakewell Street to create a park for the neighborhood kids to enjoy. The intent for the park would include a mini "Safety City" educational course, play area and benches for parents to watch their children at play. Ms. Britt is currently the Community Services Officer assigned to East Toledo and with a focus on sustainability the property would be improved using Crime Prevention Through Environmental Design (CPTED) principles. The negotiated sale price for each parcel is One Hundred and Fifty Dollars ($150.00) plus recording and transfer fees.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor and the Real Estate Division of the Department of Economic and Business Development are authorized to execute needed instruments for the sale and conveyance of the real estate located at 2231, 2235, 2237, 2241 and 2243 Bakewell Street as is more fully described in Exhibit ...
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