Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A PURCHASE AND SALE AGREEMENT WITH JO-ANN STORES SUPPORT CENTER, INC., TO ACQUIRE REAL PROPERTY LOCATED IN HUDSON, OHIO (PERMANENT TAX PARCEL NUMBER 3009204) FOR A PUBLIC PURPOSE; AND DECLARING AN EMERGENCY.
Brief Description: In December of 2021, City Council authorized City staff to pursue a purchase agreement for property located in Hudson to site a proposed future Public Works Facility. This resolution affirms the City Manager's action of entering into the agreement and authorizes the purchase of property located in the City of Hudson (Permanent Tax Parcel Number 3009204) for future public purposes. (See map attached.)
Body
Legislative History
None
Purpose & Explanation
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 from Joann Stores for a public purpose at the purchase price and within the terms of the purchase and sale agreement (PSA).
Legal Authority for Proposed Legislation
Pursuant to Charter Section 6.04, Contracts & Purchasing:
Competitively bid and advertised for two consecutive weeks; bid tab attached: [Yes/No/NA])
Joint or Cooperative Purchase Program
Professional Services
X Other - City Land Purchase and Sale Agreement
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
Appropriation Not Required - Purchase Options TBD .
Does this legislation require use of an emergency clause?
X Yes. To meet time constraints for property transaction and closing.
No
Recommendation
Suggested Action
Staff recommends passage of this Resolution authorizing the City Manager to purchase said property for public purpose as per the PSA. The City Manager is authorized to execute all other documents necessary to close the transaction set forth and to pay the standard costs to a purchaser at the closing of the t...
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