Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A PURCHASE AGREEMENT WITH WINDSTREAM WESTERN RESERVE, LLC TO ACQUIRE APPROXIMATELY 4.0128 ACRES OF REAL PROPERTY LOCATED NEAR THE SOUTHWEST CORNER OF OWEN BROWN STREET AND MORSE ROAD IN THE CITY OF HUDSON FOR PUBLIC PURPOSES; AND DECLARING AN EMERGENCY.
Executive Summary: As outlined in the 2015 Comprehensive Plan, acquisition of the Windstream Property will enable the City to proceed with the planned Downtown Redevelopment Phase II Project.
Body
Legislative History
Ordinance No. 15-124, adopting the 2015 Comprehensive Plan, passed January 19, 2016.
Purpose & Explanation
For several months, the City administration and Council have considered and discussed the acquisition of approximately 4 acres of property owned by Windstream, located at 100 Owen Brown Street; and this Resolution authorizes a purchase agreement for the City’s acquisition of the subject property. With acquisition of this property, the City will proceed with the planned Downtown Redevelopment Phase II Project.
Timing Considerations
This Resolution will be effective immediately upon passage.
Fiscal Impact
Currently Budgeted
X Supplemental Appropriation Required
Appropriation Not Required.
Recommendation
Suggested Action
Staff recommends passage of this Resolution.
Submitted by,
Jane Howington, City Manager