Council hereby finds the existence of nonproductive lands within the City's boundaries are such as to necessitate the redevelopment of such lands in order to foster either the return of such nonproductive lands to tax revenue generating status or devotion thereof to public use.

(Ord. No. 1650, 9-15-77)

Council hereby authorizes that all nonproductive tax delinquent and forfeited lands be purchased and disposed of by the City pursuant to the applicable provisions as set forth in the Urban Land Reutilization Act set forth in Ohio R.C. Chapter 5722.

(Ord. No. 1650, 9-15-77)

Council hereby authorizes that all nonproductive tax delinquent taxes, assessments, charges and penalties due and owing on such real property so acquired will be deferred until the City resells or otherwise disposes of such lands in accordance with Ohio R.C. 5722.03.

(Ord. No. 1650, 9-15-77)

Court costs incurred in any foreclosure or forfeiture proceeding involving such lands will be payable to the County Auditor, pursuant to Ohio R.C. 5722.03, upon confirmation of sale of such lands to the City.

(Ord. No. 1650, 9-15-77)

Council hereby authorizes the Planning Commission to hold and administer such lands; to study, analyze and evaluate potential, present and future uses for such lands; and to plan for and use its best efforts to sell or dispose of such lands in accordance with Ohio R.C. 5722.06.

(Ord. No. 1650, 9-15-77)

All such lands to be purchased hereinafter by the City will be sold upon terms and conditions, and subject to such restrictions and covenants as it deems necessary or appropriate to assure the lands effective reutilization.

(Ord. No. 1650, 9-15-77)