Label
DNBD LBSale1915-1919-1923N.Detroit/Alexander
Development / Real Estate
WJ Burkett (x1692)
(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 city-owned property located at 1915, 1919 and 1923 N. Detroit Avenue to Raymond and Doreann Alexander; 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
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 Neighborhoods and Business Development oversees the review and processing of the program. Raymond and Doreann Alexander of 2825 Back Bay Drive, Maumee, Ohio 43537 have approached the City with the desire to acquire the vacant landbank parcels at 1915, 1919 & 1923 N. Detroit Avenue to maintain along with the property they currently own at 1321 Prospect Avenue. The vacant lots will provide greenspace and be used for neighborhood beautification and a community garden. The negotiated sale price for these parcels is One Hundred and Fifty Dollars ($150) per parcel (3), plus recording and transfer fees subject to combine of parcels.
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 Neighborhood and Business Development are authorized to execute needed instruments for the sale and conveyance of city-owned real estate located at 1915, 1919 & 1923 N. Detroit Avenue as is more fully described in the attached Exhibits A and B, to Raymond and Doreann Alexander for One Hundred Fifty Dollars ($150) per parcel (3) for a total of Four Hundred and Fifty Dollars ($450).
SECTION 2....
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