HomeMy WebLinkAboutResolutions - 1980.09.04 - 12176rejects the Real Esate Purchase A d I. !;,A:e;tan Investment and
MISCELLANEOFS RESOLUTION 9532 September 4, 1980
BY: PLANNING AND BULLDING COMMITTEE
IN 3F: OFFER) TO PURCHASE 4-H CLUB SITE: SALE OF TY PROPERTY
(R-1 Zoning)
TO TUE OAKLAND COUNTY. BoARD or COMMISSLONERS
Mr. Chairper5on, lad i n.i. cntlemen:
WHEREAS, the. County of Oakland owns property in the City of Pontiac, Michigan
legally described as:
That part of the East one half of the Northeast quarter of
Section 15, Town 3 North, Range 10 East, City of Pontiac, lying
Easterly of the M-24 Highway. 18 acres more or less; and
WHEREAS, on May 7, 1980 Bateman Investment and Commercial. Company submitted
a Real Estate Purchase Agreement, for purchaser John F. McMahon, in the amount of
$80,000.00 on a five (5) year land contract, 9% intor—s't ner annum, $8,000.00
deposit; and the offer being made contingent upon obtaining City of
Pontiac approval of Commercial 3 zoning of said property within I/O days from date
of acceptance, and
WHEREAS, an updated appraisal of said property was completed in June, 1980
to project a probable value of subject property, and
WHEREAS, the rpm tool indicated that the subject property has an estimated
value of $10,000 acre or $180,000.00 if it were rezoned for multiple resHen
or condominiumswhich is considered its highest and best use, and
WMERFAS, the County is presently using facilities located on this site for
storage, a furniture center and the Oakland-Livingston 'Human Service Agency
Weatherzation Program,
NOW THEREFORE BE fr RESOLVED that the Oakland County Board of Commissioners
Commercial Company, for purchaser John F. t.l.abon, in the amount of $80,000,00
NIT.. Chairperson, on behalf of the Planning and Buildinct, Committee,
00ve the adoption of th(2 foregoing resolution.
#95 32
September 4, 1980
Moved by Wilcox supported by Moore the resolution be adopted.
AYES: Montante, Moore, Moxley, Page, Patterson, Perinoff, Pernick, Peterson,
Price, Wilcox, Aaron, Caddell, DiGiovanni, Doyon, Dunaskiss, Fortino, Gabler, Gorsline,
Hobart, Hoot, Kelly, Lewand, McDonald, Moffitt. (24)
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
Miscellaneous Resolution #9532 adopted by the Oakland County Board of
Commissioners at their meeting held on September 4, 1980
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
Lynn D. Allen......................Clerk
Clerk