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HomeMy WebLinkAboutResolutions - 1986.11.20 - 10936Miscellaneous Resolution 86319 November 6, 1986 By: PLANNING AND BUILDING COMMITTEE - Anne M. Hobart, Chairperson IN RE: CORPORATION COUNSEL - REAL ESTATE SECTION - PURCHASE OF PROPERTY IN THE CITY OF PONTIAC TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS, the acquisition of additional property in close proximity to the County Service Center would be desirable for future expansion of County functions; and WHEREAS, two adjacent parcels of property are avail- able near the County Service Center, in the City of Pontiac, one consisting of 6.0t acres with a commercial building and fixtures for $840,000.00 and another consisting of 7.97± acres of vacant land for $80,000.00; and WHEREAS, these parcels would accomodate a variety of County functions; and WHEREAS, the County Executive recommends the acquisi- tion of these parcels of property. NOW THEREFORE BE IT RESOLVED that the Oakland County - Board of Commissioners approves the acquisition of two parcels of property in the City of Pontiac, one consisting of 6.0 -± acres with a structure and fixtures for the purchase pr:e $840,000.00 (specifically described in Attachment "A") and another consisting of 7.97± acres of vacant land for $80,000.00 (specifically described in Attachment "B"), together with all necessary and incidental acquisition costs. BE IT FURTHER RESOLVED that the Chairperson of the Board of Commissioners . is directed to execute the necessary documents to acquire said property. Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. PLANNING' & BUILDING COMMITTEE lesPd1;'. 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THE UNDERSIGNED hereby offers and agrees to Purchase the following land situated in the Oakland County, Michigan, described as follows: Se e e attached legal FORM FURNISHED BY Stewart Title Company of Michigan 19675W M.le Road Suite 300 Soattomid, wrri,a.n 48075 tat a) 356-6622 Pontiac (3131666-9410 O'NEIL 3520 Pontiac Lake Road Pontiac, Mich. 48054 674-2222 •k7:71A EACH OFFICE INDEPENDENTLY OWNED & OPERATED Member of the North Oakland County Board of Realtors City xm _korai aC if° 1 : 4 1-iiircriaser . . , _ Address _. _ nt for Purchaser - LS being known as 1115 $'.' .. nd street, together with all Improvements and appurtenances, including all lighting fixtures, Shades, Venetian blinds, curtain rods, traverse r cis tor; windows ana storm aoors, screens. awnings, TV antenna, gas conversion unit Rototenna, incinerator, fuel in tank See riibit . . if any now on the premises and to pay therefore, the sum of !. ii /s^S -as It • is 4 • ; • • I Ea Dollars subiect to the existing building and use restrictions easements, and zoning ordinances. if any, upon the fotlowing -conditions. THE SALE TO RE CONSUMMATED BY: (USE PARAGRAPH ABC or D) A. CASH SALE. Delivery of the usual Warranty Deed conveying a marketable title Payment of purchase money is to be made in cash or c...,x1Ccneck as agreed by Title upany. — B. CASH SALE WITH NEW MORTGAGE. Delivery cf the usual Warranty Deed conveying a marketable title_ Payment of purchase money is to toe made in cash or certified check. This agreement is contingent upon the purchaser being able to secure a DOES NOT APPLY mortgage in the amount of $ for a term of years and pay $ down plus mortgage costs, prepaid cash items, and adjustments in cash. Purchaser agrees to apply for such mortgage within days from acceptance of this offer at his own expense. If a commitment for such mortgage cannot be obtained within days • from date of acceptance, at the Seller's option, this offer can be declared null and void and deposit shall be returned. C. SALE TO EXISTING MORTGAGE/LAND CONTRACT. Delivery of the usual Warranty Deed conveying a marketable title, subject to mortgage to be deducted from the purchase price. Payment of the purchase money is to be made in cash or certified check less the amount owing upon an existing ;and and ion (saitcLoon.,o ns. mortgage now on the premises with accrued interest to date of consummation, held by DUES_NOT_AP_PLY upon which there is unpaid the sum of approximately Dollars which mortgage requires payments on the day-of each and every month, which payments DO, DO NOT include prepaid taxes and insurance. If the Seller has any accumulated funds neld in escrow for the payment of any prepaid items, the purchaser agrees to reimburse the Seller upon proper assignment of same. The purchaser agrees to assume and pay. said mortgage according to the terms hereof, D. SALE ON LAND CONTRACT. Payment of the sum of DoEs__NaT_AppLy_ Dollars. in cash or certified check, and the execution of a land Contract upon STEWART TITLE CO. OF MI. form acknowledging payment of that sum and calling for the payment of the remainder of the purchase money within years from the date of Contract in monthly payments of not less than Dollars each which include interest payments at the rate of 'VD per annum, and which DO, DO NOT include prepaid taxes and insurance. If the Seller's title to said land is evidenced by an existing Land Contract with unperformed terms and conditions substantially as anove and the cash payment to be made_by the undersigned on consummation hereof will pay out the equity. an assignment and conveyance of the vendee's interest in the land contract with an agreement by the undersigned to assume the balance owing thereon will be accepted in lieu of the contract proposed in the preceding paragraph. If the Seller has any accumulated funds held in escrow for the payment of prepaid taxes or insurance, the purchaser agrees to reimburse the Seller upon proper assignment If payment is received 15 days or more late. 5% of principal and interest payment will be charged Purchaser as a late penalty. 2. The Seller shall deliver and the Purchaser shall accept possession of said property. subject to the rights of the tenants. If the Seller occupies the property it shall be vacated on or before 6-30-87 ttraugh....fba..ciaw.p.t.v.aoating..vap—p.r.q a=y..a.s.aar.ecc—I days after closing. it-,p,c1„tz,e„.day„,atter_clizsing mae.ccias. raiar-ii4=m Ei security tor said occupancy charge., paying to tne Purchaser the amount due him and rethrr,nn to the Seller the unused nortiOn as determined by the ------------------------ rPEC:— — ----- , 000 u ; Ji) AgeRtflfWe5f curchase price if the sale is consummate GENERAL CONDITIONS of sale printed on reverse - sioe are incorporated and mace a part hereof. This is. a legal document and the Broker recommends that all parties to this agreement retain an ,attorney to protect their interest in this transaction • ADDITIONAL CONDITIONS, if any: (Use reverse sided needed) see reverse side • - - ‘ _ • . . 3.. -The Broker is hereby -authorized tu leake, this otter and the deposit of S rit2 -xshall be held by him under Act No 112. P A of 1960 Sect 13, (1) and applied Pit! cneck, _ Phone i ,....., . , ...,_„ Ii. _ , ,.... . . Address i . Phone .. The undersigned Purchaser hereby acknowledges this receipt or the Sellers signed acceptanc of the f.phrgotng Otter to Purcnase. a ._, _ -Purchamf ,- L.S . . BROKER'S ACKNOWLEDGMENT OF DEPOSIT - ..__,,. • _ . .... _ ,- _:., __.: __. „ - ece ved from the.abovenamed Purchaser the deposit money above mentioned, which will, be applied at' indicated in paragraphs - 3 and 10, or will be returned forthwith after tender if the foregoing oiler and,aepcisit is declined: , '. : ; •. , 7. ..., •. ,,---_......,., . — . _.. _ . ._ ._ . . ___ _ _., . Century- 21 O'Neil, Inc. Broker By , - ACCEPTANCE — VWC the undersigned owners of the above described property, hereby accept for ourselves. heirs and assigns the foregoing offer, and a_ree ,o sell and convey uPon the terms and conditions hereinabove set forth, and agree to pay the above Realtor, our agent,-for services rendered, cOmmission agreed upon in listing agreement dated 9-30 , 19 86 : or $ - minimum, or - . 10 .. per cent commission of the sale price, and hereby authorize aforesaid Realtor to deduct said Commission from the proceeds of this sale. Undersigned further acknowledge receipt of the above mentioned deposit and copy Of this agreement and directs above Realtor to retain same until deal is consummated. in accordance with the terms of the foreoolna offer. In case of default by Purchaser, we hereby agree that said Realtor may retain 50% as payment for services rendered said above mentioned-deposit. but any excess over and above the full commission Shall be paid to us as owners forthwith when and it deal is defaulted by PurchaSer. THIS IS A COOPERATIVE SALE ON A BASIS WITH '-'-- - IN PRESEN,.CE OF: L s L.S Oat Dated ADDITIONAL CONDITIONS leted by a Reyistered- A. The des • -off-taLSu• •-• ..twurvey-whizh shall Surveyor *--prior-to-elosieg i-at. --t SELLER-- LL 21* I • PPL1CABLE TO V.A. OR F, H. A. SALES ONLY: It is E.,..xbre-s3igreed •nai, r',..'1.Airn'..;T;Thotna:l. any or-t,, provisioh.,-; urchaser snail ref he ohihidatfit..ot tu- -the pfironase n + tnertrOoefTy nernin or to qora j: 3'\ -.,est -money ciepoi-.4its.or Otherwise as 17.1eitverEd 1,Q tftre. 'Hu - • - Oy the vei, uniStration Or Federal HouSinq Gomm' setting-'ferfth LieappraLse ,.1 value Of r , - • than Si _ which Statement the Seller nei et,v- ,- such appraised value staTerne.int iS made, avaniaoie to ttne„Seiler. T h.e 7,h C. inn -eeding with tine consummatidt‘of this contract without redarif t, to trie amount c.t- ap-ura•••• rri,affe hi the Adrt-i idyl or Federai 1-fctruistirici•.ComMiEtsif)ner- It is - furthen- understood • tetween PiirdhaStat and c:;".eller Ithat the P1CPtrf..,",3) ref-son-al . „ . , nierty tiste-d herein has •a v.a4ue4f-S ii GENERAL CONDITIONS - ev;dence of title. Seller adreest5furnish the Purchaser assnon as possible. a STEWART TITLE COMPANY OF MI. polio, ci insizanc n - •aunt not less Than th-e burrThase once, bearino date later than tt-ie a'erentance hernof an -f1 diw7iranfeeinci the title in the condilion utd -,,:red fci certified to a date later man the acceptance -hereof. i-f-OrflifiriCtO Of this oklaskr;: or cOrn RIO} ab.s,trsn-c of Jitle, a,na tax mstoTy ,f this offer is acde'pted by the Seller and if title cpri hie conveyed in the conditicm reTtired herelincIer. the Purcnaser anrees tc ho:tr, olete the sale ;hitt ten days after delivery of trip abstract or STEWART TITLE COMPANY OF MI. CIIn.rnmItsnent o tne htle insurancet h.owpver- it the sale is to be -nsummaten-th .ccornanittt-• with haragra•.-)h 5i tnen ciosinia T•riii he nuvern .eri by the hme trierr3 Speniiied tnr obt•-nrning a Tr.-in-tit:Inn in Inn event ot .iatfit by me Purcdaser hereunder, me Seller may:, at nis option. e;ect to enforce tue terms ROT CL'Of Cr declare a forfeiture her— it -,aer an:: retain the , oo.sit as liquidatad oamages. • • ri _ • the laYf.r7t oftetautit by the Seller nereunder trip Purcnaser may at n:s noggin. c:ect cntr,rce trin terms. nerect rir nnmancl. coO tn. ;mediate refund of his entire deposit in full termination Qi this agreement. obiec non to the.Iffle is made:based upon a written ooiniod of Purchaser - s ettorney trial tile t:tie t5 not in the coration regtored for perfgriThinde -:•eunder. the Seller shall have SO days trem the date he Is notified in writing of tre narncuiar -!efr'••••,-- air-timed. i-t;tner (1 to remedy thu Title, or (2; to nain tnle insucence. as required Shove. or 13; to refund deposit in full tern -i:nahorcoi this auri---,hrit if hi:able to remedy the title Dr optain title -surance, lt the Seller remedies me -title or shall obtain such tire policy within Inc time :,pacifieu. • rte curt haser agrees to cuti -olefe the sale within tc.: of written notification thereof. If the Seiler is unable to remedy Ma talc Cr obtain we insurance IP.ithin the time soef_tifiecI. the deposit shall be --funded forthwith in liii determination of this agreement. • All taxes assessments which- nave peccme a lien up-'n Inc iand, whetner or not recorded at the dste f th,s agreement shall he paid by Seuier. Cu,renf taxe, if an -y sha!I he prorated and adjusted as ol Ice gritt: or 3c,C,7,rdEVICif' WI! -ui date basis nitric rnurucipality'' or taxing 'nit in wnich the propert); is located based on a 355 day year. Interest. tents , and wnter huH Rnall P-rCI -7"`"1 and ad!usted fts the date of cle5.5tro 0, In consideration of the 9roker's.effort to obtain ttiL Seller's aporaiist. it is understood that This cdi- cirdynctabie Ry0.414114 tate Thareot. arid it not accepted by thetSeller iNithin that time the deposit shall be returned forthwith to the. Purchaser. If the cr is by the Seiie, 7-le Purchaser agrees to comprete.the.purchase of Said property witrrin. the time indicated in paragraph • 11. The covenams-herein.shat 1 hind and inure to the benefits of the executors. administrators successors and assions of the respective parties 12. The closing:of this sale shall take place at -t;ie office cf the selling broker. However if a new mortgage is beinn, applied for. Purchasers shall execute i-n2rtgage at a place designated by Lending Institution. 1'3. The Purchasers snail pay an escrow olosing-tit.--,- e. of S50.00 fo STEWART TITLE CO. OF ML except wnere the payment thereof shall be prohibited by ,av: in which case the escrow closing tee snail be paid by the Seiler. - • , 14. This aereement supersedes any and all understandings and agreements and constitutes the entire agreement befWecn Lie. carties hereto and Broker, ano no oral representations or statements shall be considered a part hereof. Purchaser understands and acKnowleages trim nri is purchasing a used home in an as is" condition and that neither Inc Seller nor Broker make any warranties as to the land and VI -ugh:re purc.hasnd cr the condition :hereof. Purchaser acknowledges that he has inspected the premises covered herehy and that he is satisfied with its condition. Purchaser also acRnowiedges tho receipt of a copy of this offer. 15. Purchaser hereby authorizes the Broker to use his name in any future advertising or for any public relationspurposes. • 16. - This offer is is not) sub;ect to the execution of a satisfactory trade-in agreement between the Purchaser and CENTURY 21 O INtIL, TRADE-IN _INC. to be consummated within 24 hours from time of purchasers signature. The Purchaser, at their option may elect to close Stan PROVISIONS earlier date. in that event Sellers aoree to execute necessary lnstrurnents to complete N-ansaction at Perein described and agreed. 17. - (12,) In the event Seiier makes any written change in any of the terms and -conditions of the offer presented by Buyer, such changed COUNTER terms and conditions snail constitute a counter-otter by Seller to Buyer which snail remain valid and irrevocable until OFFERS - . at unies.s earlier withdrawn in writing, and snail require acceptance by - ---- -the .euyer by initialing of each such change betore such date and time. _ • - - _ - D. The property-4ncludes--a-build1ng-with7Exhihit and-apprfrtenances-tn-or-on t• - • ,-••• ses. C-.---Right--te- Enter. During-the periad-of-tirts-Agreemente-Purchaser-dr- a ge-ftts shill have the -right -to-enter-the property, °. ••• appraisal 5. and - soil- tests at the sole-expenst-and-ris!-,-of-the--Yurcthaser --_-:- D.—Approval. -This-Agreement-,--ts-stt be evideoced-by-resol-ut-ton-no-lat E. In-the event- the-sel-ler-recetves-an-equal offer on-the-property subject-to-release of thi s agreement-the t an additiona1-13DM° as earnest mantis deposit within 72 hours of recetpt-e-a-copy-of-such-offer- and-that-the addiltenartonfes-SWaTI -have-the semi-ten-is ---and-conditions-as-the--ortgimal-$2 _ F. Cl o °I' 4 • er-than---Dec-.-15. 1986: G-;---The buyer shall- pay-rent-tin-a-mmttr-to---month basis Maencing at the date of -Closing through but not-later-than--arne-30, 1987. ille-rent sh.a11 ----peisolith- with-the sal-Ler -paying all-taxes-rfinurdnce--.-utilities and-malwtenance act-r-ang duritg eadh rental perled. matntdin-the-property in--ttt-presen-t-conditiof-f-througho-f.it-the length of thts ayreement.---- Gq rd;whi ch-shal , 4)0 ft (i 1 A./' , - u /ec! Sina t,cry 3-21-80 4 e F-13923-0 Parcel I tity of Pontiac. Land in the City- of Pontiac, Oaklan'd County, Michigan, to-wit: Part of the Southwest 1/4 of Section 12, and part of the Northwest 1/4 of Section 19, Town 3 North, Range 10 East, City of Pontiac, Oakland County, Michigan, (also part vacated _Woodward flardens), described -as beginning at, !.he intersection-of the Northwesterly line .of the Grand Trunk Ruilway and the Southwesterly_ lino of Oakland Avenue (17.0 -feet wide), 5aid Hint of beginning also being located South 1 degree 50 iliHutes 30 seconds. Fa5t 389.12 feet and Nortn 87 degrees 33 minutes 30 sccordn r,v,t 623.1,3 feet ,INd North 43 dugrres 30 minutes , 20 seconds f-ast 414.17 feet from the Northwest corner Section 19; thence from said eoint of beeinoine :Muth derces 30 minutes 20 seconds West 344.0 feet along the Northwesterly line of the Grand Trunk Railway; thence North 46 degrees 29 minutes 40 seconds West 575.0 lent; thence North 43 degrees 30 minutes 20 i,econds East 44.0 feet; -Hence North 46 degrees 29 minutes 40 seennds West 125.0 feet; thence North 43. degrees 30 minutes 20 seconds East 300.0 feet to the Seuthwesterly right of way line of Oakland Avenue; thence South 16 degrees 20 minutes 40 seconds Fast 650.0 feet along the Southwesterly Une-of Oakland Avenue to the paint of beginning. AtSO: flart.of Northwest 1/4 of Section 1.9, Town 3 North, Fange 10 Fast. Pontiac, Jescrilied as: Beginning at a point located _Muth 01 degree 52 minutes seconds last 389.12 feet an-d North 87 deo ,-ee7, 33 Hnutes 30 econds , Fast 606.30 feet from the Northwest corner of SeetiOn 10; thence fr o m said point of beginning -North 46 degrees 29 -minutes 40 seconds West 345.32 - feet; hence North 43 degrees 30 minutes 20 seconds East 75 feet; thence South :16 degrees 2g minutes 10 seconds East 350 feet to the North4esterly line of Grand Trunk Railway; thence South 43 degrees 30 minutes 20 secends 'A,st 70.17 feet along said railway; thence South 87 degrees 33minutes 30 seconds West 6.73 feet to the point of beginning. - Fax item No. 14-18-352-005 Parcel 11 City -0 -f Pont.iac, County of Oakland, Part of the Northwest I/A of Sect i on 19, Town 3 North, Range 10 East, City of Pontiac, Oakland County,,Michinan, described as beginning at a point located South 01 degrees -50 minutes 30 seconds East 389.12 feet and North 87 degrees 33 minutes 30 seconds East 606.90 foot and North 46 degrees 29 minutes 40 seconds Wont 345.32 feet from the Northwest corner - of Sect ion19; thence from said point of hooThhing North 46 uegrees 29 min ,,Jtbs ' 12 seconds West 175.02 feet; thence North 43 denres 30 mieutes 20 seconds East :.00 feet; thence South 46 dcgrCns 20 minutes irri -s-e(:-ends [w-,t 175..-Ou iet; !jienCO, South 43 degrees 30 minuteS 20 seconds 4 ,42st 75.00 feet to the no mt ef beginning. Tax Item No. 14-18-352-004 r e - AL DITTRICH OLDSivlOBILET Inc. Dammam 1155 Oakland Ave. PONTIAC, MICHIGAN 48055 Telephone 3 1 3 ) 332-8101 EXHIBIT 7A" FIXTURES BUYER GETS: 1_ All hoists in service area 2. Compressors - in body shop 3. Chainf all N. W. side of service area 4. Front end machine N. W. side of service department 5. All other items, such as test stands, frame machine etc., are exempt from sale and are retained by. Al Dittrich Oldsmobile, Inc. 6. All desks - cabinets, furniture, chairs, tables etc., are to be retained by Al Dittrich Oldsmobile, Inc. Seller to retain cabinets in bookkeeping and general office area 8. Seller to retain_cabinets in dealers closet area 9. Seller to retain all Halon fire extinguishers 10. CO2 fire extinguishers to remain with building - 1 • GRAND TRUNK AL DITTRICH OLDSMOBILE, Inc. 1155 Oakland Ave PONTIAC. MICHIGAN 48055 Telephone (313) 332-8101 Atiguat 20,_ 498.6 TO WHOM IT MAY CONCERN: Re: 1155 Oakland Avenue, Pontiac, 1 ,1i 4C055 Building-Modern-built in J974 of brie': and block construction. - Situate.d on approximately 7 acres of land with option for further expansion on additional 8 acres. Frontage on Oakland Avenue is 650 feet. Showroom is approximately 34.8 feet deep by 60 feet wide, and has electric forced air heat and is air conditioned.. .General office and owners office are directly behind' the show room and measures 22 feet in depth by 60 feet in width and hnve I private - lab and 2 public rest rooms. Behind this is the service write-up area which is 30feet deer by 60 feet in length. This entire area of the buildinz is brick with . cement slab floor, with showroom and general office com7,7 ete1y carpeted. The mechanical repair area and rear of the building is cement _block with zas heat and includes a mechanics lab._ The mechanical area is 110 feet deep and 69 feet wide. The parts area is 47 feet deep and 69 'feet wide-has its own separate heat and-air conditioninf: system and has aluminum deckine and wooden stairs to upper level, it also has 2 private labs. The entire structure comes out to 23,215 square feet. Asking pric $875,000.00 Hoists and front end machine can be purchased for additional price to be determined.. OPTION TO PURCHASE WITNESS THIS AGREEMENT, made between The County of Oakland a Michigan Constitutional Corporation , whose address Is 1200 N. Telegraph Road, Pontiac, Michigan 48053 (Purchaser) and FLOYD FOREN RESIDUARY TRUST, whose address is 1413 S. Washington, Royal Oak, Michigan 48067 (Owner), as follows: 1. GRANT OF EXCLUSIVE OPTION. In consideration of the .payment to it of the sum of $4,500.00 , the receiptof which is acknowledged, the Owner hereby grants the Purchaser an exclusive option to purchase the property described below. . DESCRIPTION OF PROPERTY. The property is situated in the City of Pontiac, County of Oakland, State of Michigan, and is described as follows: T3N, R10E, Sec 18 & 19, PART OF SW 1/4 OF SEC 18 & PART OF NW 1/4 OF SEC 19 BEG AT NW COR OF SEC 19, TH S 01-50-30 E 389.12 FT, TH N 87-33-30 E 606.90 FT, TH N 46-29-40 W 520.32 FT TH N 43-30-20 E 119 FT, TH N 46-29-40 W 125 FT, TH N 43-30-20 E 300 FT, TH N 46-29-40 W ALG SWLY LINE OF OAKLAND AVE TOW LINE OF SECT 18, TH SLY ALG SD SEC LINE TO BEG EXC W 30 FT IN WEST RD Tax Sidwell 14-18-352-006 3. OPTION PRICE AND METHOD OF EXERCISING OPTION. The option purchase price for the property is the. sum of_ $80,000.00 against which the $4,500.00 paid for this option shall apply, and any renewal, provided that this option is exercised by the Purchaser within the time and in the manner in this agreement _ provided._ _ 4. EXERCISE OF OPTION. The Purchaser shall notify the - Owner of its election to complete the purchase inaccordance with this option, or of its election-to permit this option to lapse. Notice of such election shall be ,given to the Owner in 7.97 A writing by letter sent first class mail, postage fully prepaid, addressed to the Owner at the mailing address stated in this option. Notice shall be deemed to have been given at the time such notice is mailed. If the Purchaser fails to give notice of Its intention to exercise this option within such time, this option shall lapse and terminate. 5. DURATION OF OPTION. Purchaser shall have the right to exercise this option for a period of six months from the date signed. Purchaser shall have the right to renew this option for an additional six month period upon written notice and payment of $4.500.00 6. EVIDENCE OF TITLE. If the Purchaser elects to purchase the lands in the manner, within the time, and upon the terms above described, and so notifies the Owner, the Owner shall at the Owner's expense within ten (10) days thereafter furnish the Purchaser with a commitment for an Owner's Policy of Title Insurance for the full purchase price, showing marketable title, free from liens or incumbrances other than those which are to be removed or discharged at closing, but subject to easements and restrictive covenants now of record. 7. TIME FOR CLOSING. This sale shall be closed within _ _ten (10) days after the receipt by the Purchaser of the coumitment for title insurance described in the preceding - paragraph._ 8. POSSESSION. Possession shall be delivered at C losing. 9. CONVEYANCE. If this option is exercised in the manner in this agreement provided, the conveyance from the Owner to the Purchaser shall be by a warranty deed, containing - Dated: Executed in the presence of: Th By: 7 ,) /,/ ' 1/4-itiNc By:/ P#5,-rie e 1,1 AL 544--,k) covenants against liens and incumbrances, excepting only easements and restrictive covenants of record. 10. PRORATION OF REAL ESTATE TAXES AND SPECIAL ASSESSMENTS. All taxes and assessments which have become a lien upon the land at the date of this agreement shall be paid by the Owner. Current taxes, if any, shall be prorated and adjusted as of the date of closing in accordance with due date basis of the municipality or taxing unit in which the property is located. 11. RIGHT OF ENTRY. Purchaser or its agents shall be permitted to enter upon the property to conduct soil testing, appraisals, surveys or other tests deemed appropriate by Purchaser. Such testing or evaluations shall be at the sole expense of Purchaser. 12. FAILURE OF PURCHASER TO EXERCISE OPTION. In the event the Purchaser fails to exercise this option in the manner provided for herein, within the time limited therefor, then this option shall expire, and the Owner shall be entitled to retain the sum paid herefor, and it shall be under no obligation to the Purchaser. State of Michigan ) I )SS: County 0”-/-7.7)2---- ) ,..// > NotaTy Public, County, Michigan. e foregoing instrument was acknowledged before me this ,I7 day of .c,,,,,.4,, _ , 1986, -- by ,e,1 4', Z7/ /7-ke_ -.4.) /f 7) rix.) ,1 - on behalf of My Commission expires: SUZANEHA.A.SHARA - Notary My Comm F..-4ires Aug. 5, 1'390MI Dated October 9, 1986 COUNTY OF OAKLAND, a Michigan Constitutional Corporation Executed in the presence of: By: DANIEL T. MURPHY Oakland County Executive State of Michigan ) )ss County of Oakland ) The foregoing instrument was acknowledged before me this 9th day of October, 1986, by DANIEL T. MURPHY, on behalf of Oakland County. Jack C. Hays, Notary Public - - Oakland County, Michigan My Commission Expires:-6-30-90 This instrument drafted by: Jack C. Hays Oakland County Corporation Counsel 1200 N. Telegraph .Road Pontiac, Michigan 48053 . Noay Public, County, Michigan. on behalf of qr: COUNTY OF OAKLAND, a Michigep Constitutional Corporation 1424141 Ae Ahrwors,-.11 A Ant .1,411.11.116 /D.NIEL T. "HY By: Dated October 9, 19 86 Executed in the presence Oakland County Executitie The foregoing ins .rument was acknowledged before me this .c.e19/ day of d ' , 1986, 7 by 4/9 (J. /-4..+1c,-2,-.4, 7-- \_-"je, • )(Li My Commission -expires: SUZANNE H. DASHARA Notary Public. Wayne County, MI My Comm. Expirc;:, Aoi. 6, ,- State of Michigan ) )ss County of Oakland ) The foregoing instrument was acknowledged before me this 9th day of October, 1986, by DANIEL T. MURPHY, on behalf of Oakland County. ck C. Hays, Notary Pub-tic - /Oakland County, Michican My Commission- Expires: 6 -30 -90 This instrument drafted by: Jack C. Hays Oakland County Corporation Counsel 1200 N. Telegraph Road Pontiac, Michigan 148053 z 1 4-18-.352-006 7. 97 AC. I I> 1 111-1 I co LU FLOYD FLOREN P0 B ci co tf) 6061.90 N 67-33-30 E 30 G. T, W. R • R FISCAL NOTE BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON IN RE: CORPORATION COUNSEL - REAL ESTATE SECTION - PURCHASE OF PROPERTY IN THE CITY OF PONTIAC - MISCELLANEOUS RESOLUTION #86319 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #86319 and finds: 1. Two parcels of property covering 13.97+ acres is available near the County Service Center for the purchase price and cost of $950,000, 2. Sufficient funds are available in the 1986 Budget k Non-Departmental Land Aquisition Line-Item to purchase the property, pending approval of the Budget adjustments associated with the 1986 Third (3rd) Quarter Forecast. 3. The 1986 Budget be amended to increase the following revenue accounts: Land Transfer Tax $ 500,000 State Income Tax 250,000 Investment Income 250,000 $1,000,000 4. The 1986 Appropriation be increased for the following non-departmental accounts: Land Aquisition $ 950,000 Contingency 50,000 $1,000,000 FINANCE COMMITTEE SUBTOTAL 18657.5 340 340 1540 1600 25 25 1650 800 920 0 1720 4910 23567.5 860 16339.2 100 200 200 500 1200 1000 1000 3200 4360 2400 2700 9460 13160 29499.2 comp ',±•! r ("pc-.1 SERVICE FUNCTION • TOTAL PROJECTED NET SQUARE FOOT INCREASE TOTAL PROJECTED EXISTING PERSONNEL WORK SPACE STORAGE SPACE FUNCTIONAL SPACE PROJECTED SPACE CODE NET SQ.FT. 1 YR 3 YR 5 YR TOTAL 1 YR 3 YR 5 YR TOTAL 1 YR 3 YR 5 YR TOTAL GROWTH NEED Services cs Probation District Court Probation cs/pd 2338.8 0 0 800 800 750 0 0 750 325 1560 150 2035 5745: 8083.8 Circuiit Court Probation cc/pc 5792.2 840 0 0 840 225 0 0 225 85 105 , 0 190 1255 7047.2 Safety cs/sa 1041.8 0 0 0 0 150 0 0 150 0 0 0 0 150 1191.8 Facilities Maintenance & Oper. cs/mo 23283.1 0 0 0 0 6000 5500 a* 11500 300 0 0 300 11800 Pacilities Engineering cs/fe 2970.6 0 0 0 0 50 0 0 50 0 0 0 0 50 3020.6 l'oc.,:J Services cs/fs 7027.3 0 0 0 0 0 0 0 0 0 0 0 0 0 7027.3 Support Services cs/ss Microfilm & Reproduction cs/mr 2043.5 130 0 0 130 0 1000 0 1000 0 0 0 0 1130 3173.5 Printing (Incl. Mailing) cs/pr 3380.8 0 0 - 0 0 0 0 0 0 0 0 0 0 0 3380.8 Garage cs/ga 22309.9 0 0 0 0 0 0 0 0 0 0 0 . 0 0 22309.9 Radio Communications cs/rc 2794.0 0 0 0 0 0 0 0 0 0 0 0 0 0 2794.0 Record Retention cs/rr 9098.5 0 120 240 360 0 30000 0 30000 0 0 0 0 30360 39458.5 entral Cervices (Misc) cs 22530.2 0 0 0 0 0 0 0 0 0 0 0 0 0 22530.2 SUBTOTAL 103279.1 970 120 1040 2130 7175 36500 0 43675 710 1665 150 2525 50490 , ;Flic Works Pw Sewer, Water & Solid pw/sw 10833.3 Waste Planning pw/pl 3872.0 Community Development pw/cd 3952.2 560 240 240 1040 1500 0 0 1500 120 920 0 1040 3580 14413.3 300 100 100 500 100 0 0 100 680 0 0 680 1280 5152.0 0 0 0 0 0 25 25 50 0 0 0 0 50 4002.2 ' 956.7 rlagement & Budget Budget Accounting Purchasing Equalization Reimbursement SUBTOTAL mb Mb/bu 2307.1 , 0 0 0 0 100 0 0 100 0 0 0 0 100 2407.1 mb/ac 11330.7 0 0 0 0 0 0 ' 0 0 1930 '0 0 1930 1930 13260.7 mb/pu 11981.0 240 240 240 720 0 300 300 600 0 0 . 0 0 1320 13301.0 mb/eq 7636.0 360 500 200 1060 700 0 0 700 0 0 0 b* 0 1760 9396.0 mb/re 2032.8 240 0 0 240 0 0 0 0 0 0 0 0 240 2272.8 35287.6 840 740 440 2020 800 300 300 1400 1930 0 0 1930 5350 40637.6 November 20, 1986 Resolution # 86319 Moved by Hobart supported by Webb the resolution be adopted. Moved by Hobart supported by Caddell the Fiscal Note be accepted. A sufficient majority having voted therefor, the Fiscal Note was accepted. Moved by Caddell supported by Webb the Fiscal Note be amended as follows: Delete paragraph number 2 and substitute the following: 2. The 1986 Third Quarter Forecast indicates that certain revenue collections have exceeded or will exceed budget estimates. These line items can be increased to provide sufficient funds for this land acquisition. A sufficient majority having voted therefor, the amendment carried. Moved by Price supported by Rowland to divide the question and vote separately on the purchase of the Dittrich Parcel and the vacant property. AYES: Aaron, Doyon, Fortino, McPherson, Pernick, Price, Rowland. (7) NAYS: Wilcox, Caddell, Calandro, Gosling, Hassberger, Hobart, R. Kuhn, Lanni, Law, McConnell, McDonald, Moffitt, Nelson, Olsen, Page, Rewold, Skarritt, Webb. (18) A sufficient majority not having voted therefor, the motion to divide the question failed. Discussion followed. Moved by Price supported by Rowland the resolution be referred back to the Planning and Building Committee. AYES: Aaron, Doyon, Fortino, McPherson, Pernick, Price, Rowland. (7) NAYS: Caddell, Calandro, Hassberger, Hobart, R. Kuhn, Lanni, Law, McConnell, McDonald, Moffitt, Nelson, Olsen, Page, Rewold, Skarritt, Webb, Wilcox. (17) A sufficient majority not having voted therefor, the motion failed. Vote on resolution: AYES: Caddell, Calandro, Hassberger, Hobart, R. Kuhn, Lanni, Law, McConnell, McDonald, McPherson, Moffitt, Nelson, Olsen, Page, Rewold, Skarritt, Webb, Wilcox. (18) NAYS: Doyon, Fortino, Pernick, Price, Rowland, Aaron. (6) A sufficient majority having voted therefor, the resolution was adopted. STATE. OF MlCI-IjOAN)_ 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 Miscellaneous Resolution adopted by the Oakland County Board of Commissioners at their meeting held on November 20, 1986 with the original 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 4nd affixed the seal of said County at Fonttac, Michigan this 2ath day of tializtabac._ 198 6 Lia/13-: Corinky Clerk Regi ster of Deeds'.