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HomeMy WebLinkAboutResolutions - 1985.02.14 - 10982Miscellaneous Resolution 35019 BY: PLANNING. 11,-.1T1D BUTI,DING. COMMITTEE IN RE: ACCEPTANCE OF "OFFER TO PURCHASE" OF 1,04 ACRES, l'10RE OR LESS, WiljTE LAME OAKS 101X1Y PARK, WHITE LAKE TOUNSHT7 - SIDUELL 12-24-401-001 AND FART OF 12-24-426-026 (REAL ESTATE SECTION - CORPORATION COUNSEL-_ _ • TO THE OAKLAND COUNTY BOARD Of COM;"1-ISSICNERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS 1,04 acres, more or less, in White Lake Township, described as: Part of the southeast Quarter of Section 24, T.7, F8E, Wb.ito Lake Township, Oakland County, Niebian, described as Beginning at the northeast corner of Lot 184 of Fox Bay No. 4 Subdivision, recorded in Eiber 127, Pages 1 and 2, Oakland County Records, thence south 35 28 35" east 330. 00 feet along the easterly 1ine of Lots 183 and 134 of said subdivision, thence alerr:, a curve Coll- cave northwesterly, radius 4118.60 ieet, chord hears north 46' 13' 48 - east 32.68 feet, arc distance of 112,69 feet, thence along a curve to the right, radius 370.00 feeL, chord bears north 52 45' Or east 111.40 feet, arc distance of 111.83 feet. thence north 14 0 43' 59" west 170.00 feet aiong the west line of Lot 145 of said Fox Bar No. 4 Subdivision to the northwesterly tot corner, rbence westerly to the point of beginning, containing 1.04 acres, more or less, which disposal has been recommonded and authorized by R. Eric Reickel, Manager, Oakland County Parks and Recreation Commission, in correspondence dated November 16, 1932 and WHEREAS Miscellaneous Resolution 84129, dated May 10th, 1984, authorized dis- posal of said property; and WHEREAS the current use of the property is vacant and unused; and WHEREAS the property has been appraised at $11,000 by :Tames M. Fuller, rBA, 110I, ASA; and $12,800 by William, E. Hoover, SEA, ARE.; and. W-HEREAS any monies realized from the sale of the property after cost of sale have been deducted shall be deposited in the General Fund of Oakland County Parks and Recreation Commission; and WHEREAS Robert E. Shell. and Kay M. Shell, his wife, of 3150 Sashabaw Road.. Drayton. Plains, Michigan 48020, has submitted an. offer of Eight Thousand Five Hundred Dollars ($8,500.00) and Included a Two Thousand Dollar (Certified Check) ($2,000.00) deposit for said property; and WHEREAS the Parks and Recreation Commission Board reviewed and is agreeable to the offer from Robert E. Shell and Kay 11. Shell, his wife; and WHEREAS the Planning and Building Committee has reviewed the "Offer to Purchase" form. NOW THEREFORE BE IT RESOLVED that. the Oabland. County Board. of Commissioners hereby authorizes the Chairperson of the Board of Commissioners to execute the necessary documents for the sale of said property to Robert E. Shell and Kay M. Shell of 3150 Sashabaw Road, Drayton Plains, Michigan. 43020, for Eight Thousand Five Hundred Dollars ($8,500.00). Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption of the foregoing resolution. to scale 2. Additional costs: N/A n11.11.13.11. "Cover Sheet" PROPERTY DISPOSITION INFORMATION Sidweil No.12-24-401-001 and part of 12-24-426-026 Date- 4/19184 Property Description: Part of. the SE quarter of Section 24, T3N, R8E, White Lake Township, -Oak.g.ad_County, Michigan, described as: Beginning at the NE corner of Lot 184 of Fox Bay No. 4 Subdivision, as recorded in Liber 127, Pages 1 and 2, Oakland County Records, thence south 35° 28''35" east 330.80 feet along the easterly line of Lots 183 and 184 of said subdivision, thence along a curve concave northwesterly, radius 438,60 feet, chord bears north 46° 13' 48" east 32.68 feet, arc distance of 32.69 feet, thence along a curve to the right, radius 370.00 ft., chord bears north 52° 45' 03" east 111.40 feet, arc distance of 111.83 feet, thence north 14° 43' 59" west 170.00 feet along the west line of Lot 145 of said Fox Bay No. 4 Subdivision to the northwesterly lot corner, thence westerly to the point of beginning, containing 1.04 acres +. (45,302 ± Square Feet) Approximate Crossroads and Municipality: North side of Vanden Drive, west of Rene Street.. Sketch of property and location of easement: SEE ATTACHMENT 1. Cost and year of original purchase: $ I,ess than 8,50.00 ; 1973 3. Purpose of original purchase: In conjunction with the White Lake Oaks Golf Course. ..mazimatosErsuast 4. Current usage: None. Vacant land. S. 5. Comparables of adjacent parcels: zil sa)_esfor_azn posesbu'L the quality and quantity is not there and this only further confilms the thin market 71,691+ SF, 5/83 $16,000 65,400+ ST, 4/82 $23,000 . 6. Applicable historical notes, if any, concerning property: (is. it buildable, what does it cost to maintain?) Subject lot is an oversize site but includes a natural drain which crosses under the road, nearly divides the lot into two equal parts. As per 2 ar to be the adj oining properties which have their OWT1 private septic systems. The appraisals were made a there were no problems in securing a septic permit. 7. Price of offers received: 1. $8,500.00 with $2,000.00 down Three (3) year land contract at 11% interest Monthly payments of $75.00 Recommendation of Corporation Counsel - Real Estate Section: Accept offer of $8500.00 from Robert E. Shell and Kay M. Shell, his wife. 9. Appraisal Information: James M. Fuller, MBA, MAI, ASA - $11,000 Oakland County Equalization - $12,800 Files can be reviewed at: REAL ESTATE SECTION EXECUTIVE OFFICE BUILDING 1200 NORTH TELEGRAPH ROAD PONTIAC, MICHIGAN 48053 (313) 858-5402 or PARES & RECREATION 2800 WATKINS LAKE ROAD PONTIAC, MICHIGAN 48054 OTER TO PURCHASE ---(1) THE UNDERSIGNED hereby offers and ag rees to pnrchase the following described property: Sidwell No. _12.724=401,=O01 and part of 12-24-426-0 9 6 1.04 Acres, Fox Bay Subdivision No. 4 White Lake Township, Oakland County, Michigan. SEE ATTACHED DESCRIPTION - PAGE 3 for the sum of -°_Elc.1 U_SAN=IVET-TITNER.E,a_ZOILARS_ ($3500.00 ) - (2) CASH SALE: The sale is to be consummated by delivery of the usual Quitclaim Deed conveying title_ DEPOSIT CHECKS MIST BE MADE PAYABLE TO PURCHASER; CLOSING CHECKS MUST BE MADE PAYABLE TO COUNTY OF OAKLAND; (ONLY CERTIFIED CHECKS WILL BE ACCEPTED). (3) LAND CONTRACTS: (A) Payable in full; 3 years. . . (B) Down Payment; Minimum 10% of offer $ 2000 00 (C) Rate of Interest Per Annum on Unpaid Balance 11% (D) Monthly Payment $ 7500, (E) Delivery of usual Quitclaim Deed upon fulfillment of land contract. . (4) GENERAL CONDITIONS of sale are incorporated and made a part hereof. This is a legal document and the Seller recommends that all parties to this agreement retain an attorney to protect their interest in this transaction. (A) Ten percent (10%) deposit shall accompany all offers to purchase. CHECKS WILL BE CERTIFIED AND MADE PAYABLE TO ruminsER. (B) As evidence of title, Seller agrees to furnish Purchaser as soon as possible a policy of title insurance in an amount not less than the purchase price, bearing date later than the acceptance hereof and guaranteeing the title in the condition required for performance of this offer. (C) If this offer is accepted by the Seller and if title can be conveyed in the condition required hereunder, the Purchaser agrees to complete the sale within ten (10) days after delivery of the Commitment of Title Insurance from a title company licensed to do business in the State of Michigan and acceptable to the Purchaser. In the event of default b y the Purchaser hereunder, the Seller may, at his option, elect to enforce the terms hereof or declare a forfeiture here- under and retain the deposit as liquidated damages. (I)) In the event of default by the Seller hereunder, the Purchaser shall be entitled to an immediate refund of his entire deposit in full termination of this agreement. (F) IfH-)bj:.:tion to the tit1.-a is mp.de, based upon a .vritten opinion of P7chaser's attorney that the title is not in the condition required for performance here- under, the Seller shall have thirty (30) days from the date he is notified in writing of the particular defects claimed, either (1) to remedy the title, or (2) to obtain title insurance as required above, or (3) to refund deposit in full termination of this agreement if unable to remedy the title or obtain title insurance. If the Seller remedies the title or shall obtain such title policy within the time specified, the Purchaser agrees to complete the sale within ten (10) days of written notification thereof. If the Seller is unable to remedy the title or obtain title insurance within the time specified, the deposit shall be refunded forthwith in full termination of this agreement. (F) The covenants herein shall bind and inure to the benefits of the executor s , adMinistrators, successors and assigns of the respective parties. The closing of this sale shall take place at the office of OAKLAND COUNTY - CORPORATION COUNSEL, 1200 North Telegraph Road, Courthouse Tower, Pontiac Miehigan 48053, or a place of Corporation Counsel's choice. (H) Purchaser has been extended an opportunity to review any or all records regarding referenced property, on file in the Real Estate Section Offices ofiCorporation Counsel, Executive Office Building, Room 100, 1200 North Telegraph Road, Pontiac, Michigan 48053. (1) Purchaser understands that Seller does retain a permanent easement over the described property. Seller retains the right to assign this easement. Purchaser understands that the Count y does not warrant that this is a build- able lot. ). ThkS offer is subject to approval by the OAKLAND COUNTY BOARD OF CMUSSIONERS. * * (G) 4,61 This agreement is subject to purchasers inspection and approval of a current "Perc" test to be supplied at purchasers expense within 14 days from sellers acceptance of this agreement... (. .Z42-eV „LZ± / niel R. Ellsworth 7rcibert E. Shé-II 1,(Le.,r)1,,e1ALA r / PURCNASE4 TIXSSES: C . Dated: By: - UVI.T.,1--z. 2" of 3 -PL'iges (E) Purchaser acknowledges that he is <.::“nre that so :!LE. of the members of the (.1 .KLAND COUNTY OF COnMTSSIORS are licensed real estate brokers and/or sales-7 persons. This agreement supersedes any and all understandings and agreements and con- stitutes the entire agreement hatueea the part ins hereto, and no oral representations or statements shall be considered a part hereof. Purchser understnnds arid no iowicdgos that he is porch. itig in an "as is" condition and that the Seiler makes no warranties as to the land and structure purchased or the conditions thereof. Purchaser acknowledges that he has inspected the premises covered hereby and that he is satisfied with its condition. Purchaser acknowledges the receipt of a copy of this offer. Dated: November 13, 1984 Kay' M. Shell (wife) Address 3150 Sashabaw Rd. Drayton Plains, Mi. 48020 Telephone 673-6370 CORPORATION COUNSEL REAL ESTATE SECTION ACKNOWLEDGMENT OF DEPOSIT RECEIVED from the above named Purchaser(s), Robert E. Shell and Kay M. Shell whose address i s 3150 Sashabaw Road, Drayton Plains, Michigan 48020 the sum of Two Thousand and no/I00 Dollars ($2,000.00 ) by certified check, to be applied to the above Offer to Purchase as indicated in para- graphs (3(A) and (3(B), or will be returned forthwith after tender if the foregoing offer and deposit is declined.* Total Amount of Offer $ 8 500.00 Less Deposit $ 2 ,000,00 Unpaid Balance $ 6,500.00 CORPORATION COUNSEL REAL ESTATE SECTION *THIS ACKNOWLEDGMENT IS FOR THE DEPOSIT ONLY AND DOES NOT CONSTITUTE ACCEPTANCE OF THE ABOVE OFFER TO PURCHASE, DEPOSIT CHECKS MUST BE MADE PAYABLE TO PURCHASER. ACCEPTANCE BY SELLER . The Foregoing offer is accepted by Seller, COUNTY OF OAKLAND, in accordance with the terms stated above. SELLER: COUNTY OF OAKLAND, a Michigan Constitutional Corporation Dated: By: ,Chairperson OAKLAND COUNTY BOARD OF COMMISSIONERS The undersigned Purchaser hereby acknowledges this receipt of the Seller's signed acceptance of the foregoing Offer to Purchase. PURCHASER: Dated: 14th day of X.garY 19 85 ALLEN Counly Clerk/Register of Deeds #85019 Moved by Rewold supported by Moore the resolution be adopted. AYES: Rewold, Skarritt, Wilcox, Caddell, CaIandro, Doyon, Fortino, Gosling, Hassberger, R. Kuhn, Lanni, Law, Moffitt, Moore, Nelson, Pernick, Price. (17) 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 1 have compared the annexed copy of Miscellaneous Resolution 85019 adopted by the Oakland County Board of Commissioners at their meeting held on February 14, 1985 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