Label
DNBD LBSale1319-1325Woodland/PeoplesMBChurch
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 1319, 1321 and 1325 Woodland Avenue to People's Missionary Baptist Church; 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 Neighborhood and Business Development-Real Estate oversees the review and processing of the program. The People's Missionary Baptist Church of 1101 Heston Street, Toledo, Ohio 43607 has approached the City with the desire to acquire the vacant landbank parcels at 1319, 1321 and 1325 Woodland Avenue to maintain along with the property they currently own at 1101 Heston Street. The vacant lots will provide greenspace and be used for a natural urban park. 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 the real estate located at 1319, 1321 and 1325 Woodland Avenue as is more fully described in the attached Exhibit "A" and "B" to People's Missionary Baptist Church for One Hundred Fifty Dollars ($150) per parcel (3) for a total of Four Hundred and Fifty Dollars ($450).
SECTION 2. That the Agreement and ne...
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