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HomeMy WebLinkAboutResolutions - 1983.07.14 - 115511983 au and July 14, 1983 Miscellaneous Resolution 83197 BY PLANNING AND BUILDING COMMITTEE IN RE: PURCHASE OFFER - 2412 ROWLAND STREET, ROYAL OAK, MICHIGAN PROPERTY MANAGEMENT DIVISION TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS in 1960 through the Welfare and Old Age Assistance. Programs the County of Oakland acquired the following described property: Lot No. 100, "Elmcrest Subdivision." being a part of the East 1/2 of the East 1/2 of the Southwest 1/4 of Section 23, Town 1 North, Range 11 East, Royal Oak Township, Oakland County, Michigan, according to the Plat thereof as recorded. in Giber 38 of Plats, Page 10, Oakland County Records. WHEREAS over the past several years the house has been rented to welfare recipients on a temporary basis; and WHEREAS due to maintenance costs and insurance costs in excess of rental. income from the property, the Property Management Division recommended that the property be appraised and sold; and WHEREAS Board of Commissioners' Resolution Number 83065 dated March I7, horized the Property Management Division to offer said property for sale; WHEREAS two (2) appraisals have been obtained on said property and are as follows: 1. James N. Fuller, MBA, MAI - $40,000.00 '. William E. hoover, ASA, SEA and Herman W, Stephens, CAE, SRA - $40,000.00 WHEREAS the Property Management Division advertised said property for sale at $40,000.00, Ten percent (10X) down payment, a Fifteen (15) year land contract at Ten percent (10%) interest on the unpaid balance per annum; and WHEREAS no bids were received on June 1, 1983 in accordance with the advertisement and Board of Commissioner Rules; and WHEREAS the Property Management Division has received a signed. Offer to Purchase from Janet M. Burris in the amount of Thirty Thousand Dollars ($30,000.0 with a certified check in the amount of Three Thousand Dollars ($3,000.00); and WHEREAS the Property Management Division recommends accepting the Offer to Purchase of $30,000,00 by Janet M. Burris in order to return this home and land to the tax rolls, thus relieving the County of this maintenance and insurance obligation. NOW THEREFORE BE IT RESOLVED that the Board of Commissioners authorize the County Executive's Property Management Division to sell described propertl,, under the following terms: a. $30,000.00 offer b. Ten percent (10%) down payment ($3,000,00) c. Fifteen_ (15) year land contract at ten percent (10%) per annum. BE IT FURTHER RESOLVED that the Board of Commissioners authorize its Chairperson to execute deeds or documents necessary to accomplish the sale. Mk. Chairperson, on behalf of the Planning and Building Committee; T. move the adoption of the foregoing resolutions (g31,01- 7/3) (ADDRESS) (-P HON E) BY or .-ADAMS ADAMS WA Mit D DOLLARS /6 z; Fcinii, Bank AN 48056 0.F.FIC7 V24107 _ 71.18.1 7748 71,4.4,04.4- /6 19 2j_ 74-1177 729 _ 42404541, 1 V1 444x0P"'l COUNTY OF OAKLAND DANIEL, T. .3..TURPHY, COUNTY EXECUTIVE RECEIPT THIS IS TO ACKNOWLEDGE RECEIPT OF CERTIFIED CHECK 7291 J DATED 4110L.Akz ',41 2 IN THE AMOUNT OF :44 /1 FROM: 1,71AM E-) PRESENTED AS AN OFFER TO PURCHASE 2412 ROWLAND STREET, ROYAL OAK ) MICHIGAN, SUBJECT TO THE BOARD OF COMMISSIONERS' ACCEPTANCE OR DENIAL, COUNTY OF OAKLAND PROPERTY MANAGEMENT DIVISION Division of Property Management and Community Development 1200 NORTH TEXXGRAPH ROAD, Porvrxwc, -...frcumArq 48058 ) for the sum of ($ ) ( ) Cash; ( ) Ckaeck; (x) •••• be applied to above -Offer to Purchase. rrt, $ the by (Mailing Address) _ _ SUM of „ Total Amount of Your Offer Less Deposit Unpaid Balance (Balance to be paid by $ F. $ crc - COUNTY OF OAKLAND DANIEL T. Altraiercr, captrivirs EXECUTIVE SALE. OF COMITY CATNED LAND Date OFPER TO PURCHASE The undersi.gned hereby offers and agrees to purckiese , the following described property: Lot 100 Elmcres;t Subdivision, a suodivision of ?art of the E 1/2 of the E 1/2 of the SW 1/4 of Section 23, T1N, R111i, according to the Plat thei.677-77771===-- rrrrITT—eaurrr- sale is to be consummated by: ( ) Cagh Sa.Le; ( ) New Mortgage; Exist ing fortgage; (X) Land Contract ( ) Assume ACCEPTANCE AND RE CEIP.T OF 1)EPOSIT _Received. frost J.4 (Hems) P //V? • PURCRASSES: SEILER.S: COUNTY OF OAKLAND By: NOTE; 1. Failure to complete the closing as scheduled shall result in the retention of the property as stated above by the County of Oak-Land and the retention of the deposit hereby acianowledged., by the County of Oakland, as liquidated damages. Sale of the above property is also subject to all other terms and conditions as outlined ixt the Notice of Sale Publications. 2. Purchaser has been extended an opportunity to review any or all. records, regarding referenced property, on file in the Offices of Property Management and Comity Development. „ . _ / • )- 7:s• ; ) t." -• 4 - k1"- L----7-1\''..+//v 4•44: / • tr :)' I • .?7c — / / 7ft / Division of Property Management and Community Devefopment— _ `_.) MOO NORTH TELEGRAPH ROAD, PONTIAC, MICHIGAN 48053 (313) 858-0493 .16 47. 001.1 43 -0$0 /8a.- 0021 +03 III A'A •> . PRZ.432 e 4?-00.1 .1 ri... /11-006 t r20-o-g 4 43 - aor4 If- *2 s 1Z4 -01: NI i I. 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IS - *a 8 , 4 87-at:to% . 0 or n „,...oe* VIM — ' -84- — - - ?? g. 8-.3.c" - 0 1 sr 80 st., 4r. 104 4 t j .dt , :78 N, / .! a '... act, fa 83197 July 14, 1983 Moved by Hobart supported by Rewold the resolution be adopted. AYES: McPherson, Moffitt, Nelson, Olsen, Page, Perinoff, Pernick, Price, Rewold, Wilcox, Caddell, Calandro, Doyon, Foley, Fortino, Geary, Hobart, Jackson, R. Kuhn, S. Kuhn, Lanni, Law, McConnell, McDonald, (24) NAYS: Gosling. (1) 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 Miscellaneous Resolution #83 1 97 adopted by the Oakland County Board of Commissioners at their meeting held on July 14, 1983 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 and affixed the seal of said County at Pontiac, Michigan 4th this 1 day of July 19 y Clerk/Register of ne,