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HomeMy WebLinkAboutResolutions - 1986.04.17 - 10734I • :Y APPROVE THE 5Tl 1.,C.curtyVYkecutivw V. NG RESOLUTION Datet Miscellaneous Resolution 86102 April 17, 1986 BY: PLANNING & BUILDING COMMITTEE - Anne M. Hobart, Chairperson IN RE: Department of Corporation Counsel - Real Estate Section - ACCEPTANCE OF OFFER TO PURCHASE 11.3 ± ACRES OF VACANT LAND, PONTIAC, MICHIGAN TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County of Oakland is the owner of property in the City of Pontiac, consisting of 11.3 ± acres of vacant land, Sidwell #14-07-483-001; and WHEREAS pursuant to Resolutions 83064 and 84128 adopted March 17, 1983 and May 10, 1984, respectively, the Board of Commissioners authorized the sale of said property; and WHEREAS the property has been appraised at $28,000 by William E. Hoover, ASA, SRA, and at $42,000 by Paul R. Stoppert, MM, ASA; and WHEREAS said property was advertised for sale in 1983 and 1984 and no bids or offers were received; and WHEREAS the County has received an Offer to Purchase said property from Hugh Coventry, for the sum of $35,000, with a deposit paid of $3,500 and the balance payable on a two-year Land Contract at 10% per annum,contingent upon Purchaser, at his sole expense, securing a rezoning of said parcel within 180 days; and WHEREAS the Department of Corporation Counsel, Real Estate Section, recommends the acceptance of this Offer to Purchase. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners accepts the Offer to Purchase 11.3 ± acres of vacant property in Pontiac, Michigan, Sidwell #14-07-483-001, by Hugh Coventry, for the sum of $35,000, payable on a two-year Land Contract at 10% per annum, contingent upon Purchaser securing a rezoning of said parcel within 180 days. BE IT FURTHER RESOLVED that the Chairperson of the Board of Com- missioners is directed to execute the acceptance of said Offer. Mr. Chairperson, on behalf of the Planning & Building Committee, I move the adoption of the foregoing resolution. PLANNING & BUILDING COMMITTEE #86102 April 17, 1296 17hday of April 19 86 ALLEN County Clerk/Register of Deeds Moved by Hobart supported by Webb the resolution be adopted. Discussion followed. Vote on resolution: . AYES: Fortino, Gosling, Hassberger, Hobart, Holland, Richard Kuhn, Susan Kuhn, Lanni, Law, McConnell, McDonald, McPherson, Moffitt, Nelson, Olsen, Page, Perinoff, Pernick, Price, Rewold, Skarritt, Webb, Wilcox, Caddell, Calandro, Doyon. (26) ' NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lynn D. Allen, Clerk of the County of Oakland and having a seal, do hereby certify that I have compared the annexed copy of the attached Miscellaneous Resolution adopted by the Oakland County Board of Commissioners at their meeting held on April 17, 1986 with the orginial record thereof now remaining in my office, and that it is a true and correct transcript therefrom, and of the whole thereof. In Testimony Whereof, I have hereunto set my hand and affixed the seal of said County at Pontiac, Michigan this