Council approves money to buy EACH

July 01, 2014

After weeks of deliberations and countless commentaries from concerned citizens, City Council passed legislation Monday evening that will allow the city to buy the East Akron Community House building from Fifth third Bank, the lien holder that foreclosed on the property. The bank agreed to sell the property to the city for the amount owed on the loan: about $375,000. The building value is $1.4 million. The city does not intend to keep the building. Officials hope to find a non-profit agency that provides the services East Akron needs and can buy the building from the city. Council also passed a resolution urging Goodyear to consider Akron for a new $500 million tire manufacturing plant it plans to build. “We have talent, infrastructure and loyalty,” said At-large Council Representative Jeff Fusco. “We’re just asking Goodyear to give us a shot.” 

June 30, 2014 from Akron City Council on Vimeo.