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​Toledo City Council to vote on sale of Uptown Arts Apartments

10/5/2018

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By: Tim Schneider, Toledo Regional Chamber of Commerce

​At its regular meeting at 4:00 p.m. Tuesday, Toledo City Council is expected to vote on Ordinance 385-18 which would transfer the city’s ownership of the 52-unit Uptown Arts Apartments complex at 336 14th Street to developer Uptown Place, LLC at a cost of $175,000. Adams Street Limited Partnership, LLC, the current lease owner, owns improvements that it had made on the property due to an existing development agreement with the city. Adams Street Limited Partnership also intends to sell its ownership interests to Uptown Place. Rent restrictions are included in the sale agreement in consideration of current rent affordability requirements attached to funding previously used to develop the property.
 
Other legislation expected to be voted on include the following:
  • Ordinance 383-18 which would authorize $900,000 from the Capital Improvement Program fund for the purchase of police vehicles and associated equipment. The vehicles will replace high mileage vehicles and those with high maintenance costs.  
  • Ordinance 402-18 which would extend until April 15 a moratorium on the Toledo Plan Commission accepting special use permit applications for residential drug and alcohol treatment facilities within Council District 4. The purpose of the original moratorium and the proposed extension is to allow the Plan Commission time to study potential adverse impacts of the concentration of such facilities in District 4 neighborhoods.
 
  • Ordinance 403-18 which would establish a voluntary program for city employees to receive paid leave while working as precinct officials on Election Day. An employee participating in the program would also be entitled to compensation received from the Lucas County Board of Elections for their service.
 
  • Ordinance 404-18 which would authorize a new lease agreement with the Toledo-Lucas County Port Authority for city office space at One Government Center. The Port Authority is in the process of acquiring ownership of the building from the State of Ohio, which the city’s existing lease is with. The new lease would include two five-year options that would begin in 2019. The existing lease rate of $8.95 per square foot would continue for the first five-year term, and would increase by 2 percent per year during the second five-year term.
 
  • Ordinance 414-18 which would approve $2,228,927 in water bond proceeds for rehabilitation of the intake crib that supplies raw water to the Collins Park Water Treatment Facility. According to the city, the structure is in sound condition, but maintenance is required to ensure its lifespan.
 
Council is expected to give first reading to Ordinance 413-18 and Ordinance 417-18. The first would approve $7,700,000 in water bond proceeds to renew an existing contract with URS Corporation for professional construction management and program support services for ongoing capital improvements at the Collins Park plant. The contact would be for two years. The second ordinance would approve amending a joint economic development district agreement with Troy Township, Wood County in order to add 512 acres of undeveloped land into the district at the request of the East Ohio Gas Company.
 
All Council meetings are held in Council Chambers on the first floor of One Government Center, located on Jackson Boulevard in downtown Toledo.

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​​Tim Schneider
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As Manager for Local Government Advocacy, Tim Schneider advocates for local policies and laws that safeguard and foster a pro-business environment in the Toledo Region. Tim has more than 10 years of legislative and public policy experience with the local, state and federal levels of government.
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