****Lorain Patrolman Buys Tavern in Erie County At Estimated $40,000
Patrolman John F. Kochan, 40, a member of the Lorain Police Department since 1945, has purchased the former Cicco's Edgewater Tavern on W. Lake Rd. in Vermilion Township for an indicated $40,000, according to records in Erie County Courthouse, Sandusky.
Meanwhile, extensive interior and exterior remodeling of the building is taking place, for which Kochan obtained a building permit in Erie County Courthouse on April 1.
Kochan's building permit listed an estimated cost of $4,500 for "new siding, flooring, ceiling and paint."
A warranty deed filed with Erie County Recorder Carl A. Spier last Oct. 9 shows that the lakefront property, located about three miles west of Vermilion was transferred to Kochan from Edith M. Cicco and her husband, Lewis Cicco.
Cicco, a former Lorain policeman, was a member of the Lorain "booze" squad in the late 1920's which cracked down on bootleggers.
A total of $44 in real estate revenue stamps is affixed to the warranty deed, indicating that the property was bought by Kochan for $40,000.
Kochan began making monthly payments of $180 to the lending association last Sept. 27, according to the mortgage deed.
The mortgage deed specifies that the loan be repaid within 10 years at 5 per cent interest.
Asked about the purchase of Edgewater Tavern, Kochan said, "No comment."
A moment later, Kochan declared, "I'm an investor. I'm getting the place in shape so I can sell it."
Kochan, a bachelor, became a city policeman on Oct. 1, 1945, and in this capacity earns $370 a month.
He lives at 3565 Toledo Avenue.
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