HomeMy WebLinkAboutResolutions - 1983.03.16 - 11616March 17, 1983
Nis:: eli aneous Resolution 8306 5
BY: PLANNING AND BUILDING COMMITTEE
RE: SALE OF HOUSE - 2412 LOWLAND STREET, ROYAL OAK, MICIFIGAN _ .
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Kr. Cbairperson, Ladies and Gentlemen:
WHEREAS, the County of Oakla-A. in 1960, through the We and 01A Age
Assistance Programs, acuuired the following desclribed property:.
Lot. 100, Eimerest Subdivision, a subdivision of part of the
E 1/2 of the -E 1/2 of the SW 1/4 of Section 23, TIN, EllE,
according to the Plat thereof as recorded. in Liber 38, Page.
10, Oakland Countv Records; and
WHEREAS, said house was rented to welfare recipients as a temporary shelter
in emergency situations; and
WHEREAS, consideration has been given to escalating tabor mld material cost
necessary to properly maintain the exterior and interior of said prol -sertv; and
WHEREAS, it is in the best interest of the County to offer said property for
sali.:; and
=PEAS, two aporaisals have been obtained on said propertv as follows;
1. James N. Fuller, MEA, MAT - 240,000.00
2. William E. Hoover, ASA, SPA I Herman W, Stephens, CAL, SRA - S40,000.00
NOW TH.F.REUORE BE IT RESOLVED that the :kind County Board of Commissioners
authorize the County Executive to offer for sale the described property an its
entirety under the foil owing terms.
-Minimum, selling price for the house and property 240,000.00
-Ten. (1.07) percent down (certified. eneck) at the time of bid
-Nlaximum term of land contract is fifteen 0.31 years
on unpaid balance is ten (10%) percent per annum
-No clu!,...1 will be transferred until the entire parcel is paid for.
riiRTHER RESOLVED that the County Executive is -hereby authorized to adver-
tise the saTo of said property once each week for two successive weeks and receive
sealed bids ft.)r the purpose of selling the property to the highest bidder.
Mr. Chairperson, on behalf of the Planning and Building Committee, I. move the
adoption of the foregoing resolution,
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PICTURE OF SUBJECT PROPERTY
#83 065 March 17, 1988
March 1983
LYNN/V. ALLEN, County Clerk/Register of D
itritttv
Moved by Hobart supported by Rewold the resolution be adopted.
Moved by Foley supported by Pernick the resolution be amended to reflect
a $4,000 down payment, 1% a month and a balloon payment at the end of five (5) years.
- A sufficient majority not having voted therefor, the. amendmentfailed.
Vote on resolution:
AYES: Rewold, Wilcox, Aaron, Calandro, Doyon, Fortino, Gosling, Hobart, Jackson,
R. Kuhn, S. Kuhn, Lanni, Law, McConnell, McDonald, Moffitt, Moore, Nelson, Olsen, Page,
Pernick. (21)
NAYS: Foley, McPherson. (2)
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 hi 88065 adopted by the Oakland County Board of Commissioners
at their meeting held on March 17, 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
this