Label
Maumee Riverfront Park District
Gretchen DeBacker (x1600)/Bill Burkett (x1692)
Revised
Title
Authorizing the Mayor to enter into a Maumee Riverfront Metropark Project Development Agreement with the Metropolitan Park District of the Toledo Area; making certain findings with respect thereto; waiving the competitive bidding process of Toledo Municipal Code Chapter 187 with respect to the conveyance of real property; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The city of Toledo is working with the Metropolitan Park District of the Toledo Area (Metroparks) on the development of the Riverfront Metropark in the vicinity of Front Street, Main Street, Marina Derive and Riverside Drive. The Riverfront Metropark restoration represents an important opportunity for significant investment in Toledo. To facilitate the success of the Riverfront Metropark, the City and Metroparks will need to cooperate and collaborate with respect to land, infrastructure and economic issues. The Development Agreement will address vacation petitions, property transfers, and costs.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to enter into a Development Agreement with the Metropolitan Park District of the Toledo Area and execute and deliver other needed instruments for the purpose of the development of the Maumee Riverfront Metropark Project. Said Development Agreement is in substantial final form as described in Exhibit "A" attached hereto and otherwise subject to such terms and conditions, in the opinions of the Mayor and the Director of Law, are in the best interest of the City of Toledo.
SECTION 2. That the Mayor and other appropriate City officials are further authorized to enter into and to execute such other agreements, instruments, and documents, including such other actions as may be necessary and appropriate to the full implementation of and to further evidence the content...
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