Council approves bid authorization up to $200,000 to pursue Lakeshore property purchase

The Euclid City Council on July 21, 2025 voted to authorize the city to place a bid, not to exceed $200,000, for the purchase of 21901 Lakeshore Boulevard.

Council discussed the matter briefly following executive session. The ordinance authorizing the mayor or her designee to enter into a contract for purchase of the property had no purchase amount in its initial text; Councilman Cosgrove moved that council authorize the city to place a bid not to exceed $200,000 and the motion passed by roll call.

City staff said the amended ordinance sets a not‑to‑exceed cap to allow the administration to pursue acquisition; details on the intended municipal use for the parcel were not disclosed in the public record at the meeting. The clerk recorded the amendment and the amended ordinance passed.

Why it matters: Acquiring private property along Lakeshore Boulevard could affect land‑use options for the lakefront corridor and enable future public or redevelopment opportunities. Council’s authorization gives staff latitude to pursue a purchase subject to further approvals and due diligence.

Next steps: The administration will proceed with a bid not to exceed $200,000 and report back to council on any accepted offer and recommended terms before closing.