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File #: 21-103    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/16/2021 In control: City Council
On agenda: 10/19/2021 Final action: 10/19/2021
Title: A RESOLUTION AFFIRMING THE CITY MANAGER'S ACTION TO ENTER INTO A PURCHASE AND SALE AGREEMENT WITH MICHAEL MITOV AND LISA MITOV TO ACQUIRE REAL PROPERTY LOCATED AT 2217 RAVENNA STREET (PERMANENT TAX PARCEL NUMBERS 30-00969 AND 30-03461) IN THE CITY OF HUDSON, OHIO, FOR PUBLIC PURPOSES; AND DECLARING AN EMERGENCY. Brief Description: As a condition precedent to the purchase and sale agreement for the property located at 2217 Ravenna Street going into effect, Council must authorize said agreement. This resolution affirms the City Manager's action of entering into the agreement and authorizes the purchase of property located at 2217 Ravenna Street, including approximately 7.26 acres on two adjacent parcels (#30-00969 & 30-03461) for future public purposes. (See ALTA map attached.)
Sponsors: Craig Shubert
Indexes: Administration
Attachments: 1. 2217 Ravenna St ALTA Survey Map, 2. 2217 Ravenna St ALTA Survey AERIAL 090821, 3. Resolution No. 21-103

Title

A RESOLUTION AFFIRMING THE CITY MANAGER’S ACTION TO ENTER INTO A PURCHASE AND SALE AGREEMENT WITH MICHAEL MITOV AND LISA MITOV TO ACQUIRE REAL PROPERTY LOCATED AT 2217 RAVENNA STREET (PERMANENT TAX PARCEL NUMBERS 30-00969 AND 30-03461) IN THE CITY OF HUDSON, OHIO, FOR PUBLIC PURPOSES; AND DECLARING AN EMERGENCY.

Brief Description:   As a condition precedent to the purchase and sale agreement for the property located at 2217 Ravenna Street going into effect, Council must authorize said agreement.  This resolution affirms the City Manager’s action of entering into the agreement and authorizes the purchase of property located at 2217 Ravenna Street, including approximately 7.26 acres on two adjacent parcels (#30-00969 & 30-03461) for future public purposes.  (See ALTA map attached.)

Body

Legislative History

None.

Purpose & Explanation

The City Council has considered the acquisition of property at 2217 Ravenna Street.  This Resolution affirms the City Manager’s action of entering into an agreement to purchase the property and authorizes said acquisition of the subject property for a public purpose at a fair and reasonable price and pursuant to the terms of the purchase and sale agreement.

Upon completion of the due diligence investigation by City Staff, City Council may vote to affirm the City Manager’s action and close on the property. 

Legal Authority for Proposed Legislation

Pursuant to Charter Section 6.04, Contracts & Purchasing:

                       Competitively bid and advertised for two consecutive weeks; bid tab attached:

                       Joint or Cooperative Purchase Program

                       Professional Services

  X                       Other

Fiscal Impact

                       Currently Budgeted

   X                       Supplemental Appropriation Required: $ 430,000

                       Appropriation Not Required

Does this legislation require use of an emergency clause?

   X                       Yes, this Resolution will be effective immediately upon passage.

                       No

Recommendation

Suggested Action

Staff recommends passage of this Resolution after due diligence investigation is completed by City Staff.

Submitted by,

Jane Howington, City Manager

Thomas J. Sheridan, Asst. City Manager - Professional Service