(a) Council declares that there exists certain non-productive lands as defined by Ohio R.C. 5722.01 in the Village of North Baltimore and Council therefore deems it necessary to implement a land re-utilization program to return said non-productive land to tax generating status or to devote said land to public use, all as set forth in Ohio R.C. 5722.
(b) Should the Village acquire any such non-productive lands it will assume possession and control over said lands following the mandates of Chapter 5722 of the Ohio Revised Code and agree to adhere to the duties set forth in Section 5722.06 including, but not limited to:
(1) Manage, maintain and protect said land, temporarily using said land for a public purpose if deemed appropriate;
(2) Maintain a written inventory of all such land in the Village, making same available for public inspection and distribution;
(3) Study, analyze and evaluate potential, present and future uses for such land which would be effective in re-utilizing same;
(4) Plan for and use the Village’s best effort to consummate the sale or other disposition of such land as the Village deems appropriate to fulfill the objective of the re-utilization program; and
(5) Establish and maintain records of accounts reflecting all transaction, expenditures and revenues involved in the re-utilization program as required by law.
(c) The Village acknowledges that Ohio R.C. Section 5722.13 requires that non- productive land acquire by the Village under the re-utilization program must be offered for re-sale by the Village within fifteen years after it is required in an effort to place said land into productive use as land subject to real estate taxes and assessments.
(d) The Village further agrees that should it require any non-productive land pursuant to Ohio R.C. Chapter 5722, it will pay expenses incurred by the County in connection with the foreclosure and/or forfeiture proceedings filed pursuant to Ohio R.C. 5721.18; 5721.14 and 323.25. (Ord. 02-05. Passed 2-19-02.)