Label
Convention Center Closed Alley License Agreement
Department of Law
Paul F. Syring (x1020)
Revised
Title
Authorizing the Mayor to enter into a Real Property License Agreement with the Lucas County Economic Development Corporation with respect to a closed stub alley adjacent to 300 Jefferson Avenue, Toledo, Ohio; making certain findings with respect thereto; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Ordinance 633-85 passed September 3, 1985, authorized the closure of a stub alley to facilitate access to the SeaGate Convention Center and an adjacent former hotel. As part of the SeaGate Convention Center renovation project, the Lucas County Economic Development Corporation ("LCEDC") has requested that the City grant a license agreement for LCEDC to utilize the alley for the purpose of including the same as part of the pocket park to be developed and maintained at the southwest corner of Jefferson Avenue and Summit Street. The license agreement will be for an initial term of twenty (20) years with automatic one (1) year renewals thereafter subject to termination upon providing a nine (9) month written notice. The license agreement will be conditioned upon the alley being operated and maintained as public park space. The consideration for the license agreement will be Ten Dollars ($10.00).
The fiscal impact of this ordinance is as follows:
- The amount of funds requested: $0
- The expenditure budget line item: NA
- New revenue generated (operational revenue, grants, if any): $ NA
- Are funds budgeted in the current fiscal year (yes/no)?:NA
- Is this a capital project (yes/no)?: NA
- If yes, is it new or existing (new/existing)?: NA
- What section of the City's Strategic Plan does this support:
- Excellence in Basic Services (yes/no) yes
- Quality Community Investment (Livable City, Development) (yes/no) yes
- Workplace Culture & Customer Service (yes/no) no
- Environment (yes/no) yes
Summary
NOW, THEREFORE, Be it ordained by the Coun...
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