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HomeMy WebLinkAboutResolutions - 1973.10.09 - 15583Miscellaneous Resolution 6446 October 9, 1973 Bernard F. Lennon, Vice Chairman BY: BUILDINGS & GROUNDS COMMITTEE - RcileirEiRPV:Vir1W5,x,x0419rfiibli IN RE: AUTHORITY TO ACCEPT OPTION ON KENNETT ROAD PROPERTY TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairman, Ladies and Gentlemen: WHEREAS the County of Oakland has offered for sale, in accordance with the Oakland County Board of Commissioners Rules for Organization and Procedure, a certain parcel of land located on Kennett Road in Pontiac, Michigan, containing 17.39 acres more or less; and WHEREAS the County of Oakland has received an option to purchase from Detroit Suburban Building Services, Inc., the consideration for said option, being Fifty Dollars ($50.00) and the total purchase price for the 17.39 acres being Sixty-Eight Thousand Three-Hundred and Ten Dollars ($68,310.00); and WHEREAS the option runs to December 19, 1973; and WHEREAS the Buildings and Grounds Committee recommends that the County of Oakland accept and execute said option; NOW THEREFORE BE IT RESOLVED that the County of Oakland, in consideration of the sum of Fifty Dollars ($50.00) accepts the option to purchase real property on land contract from the Detroit Suburban Building Services, Inc. for the following described premises: Legal Description Part of the South one-half of Section 18, Town 3 North, Range 10 East, City of Pontiac, Michigan, described as beginning at the South one-quarter corner of Section 18, thence South 86 degrees 39 minutes 00 seconds West, 484.36 feet; thence North 01 degrees 34 minutes 50 seconds West, 399.71 feet; thence North 87 degrees 49 minutes 10 seconds East, 98 feet; thence North 01 degrees 46 minutes 10 seconds West, 729.85 feet; thence South 84 degrees 58 minutes 00 seconds East, 522.24 feet; thence South 83 degrees 44 minutes 20 seconds East, 133.99 feet; thence South 06 degrees 15 minutes 40 seconds West 191.87 feet; thence South 01 degrees 44 minutes 40 seconds East, 846.46 feet; thence South 88 degrees 15 minutes 20 seconds West, 239.38 feet to point of beginning. Reserving an easement over the North 33 feet for Kennett Road. BE IT FURTHER RESOLVED THAT THE Chairman is hereby authorized to execute the option on behalf of the County of Oakland in the form as attached hereto and made a part hereof. The Buildings and Grounds Committee, by Richard R. Wilcox, Chairman, moves the adoption of the foregoing resolution. BUILDINGS AND GROUNDS COMMITTEE e Bernard F. Lennon, Vice Chairman OPTION FOR PURCHASE OF LAND Tilis Tnntrart, Made this FORM 1162 19th day of S_eptemb,e,r A. D. 19_2a, by and between the County...of...Oakland, a Michigan Constitutional Corporation. hereafter known as the Seller (s), and Michigan Corporation Detroit Suburban Building Services Inc., a hereafter known as the Purchaser(s), WITNESSETH, That the said Seller (s), in consideration of the sum of FIFTY DOLLARS AND NO/100---------------(0_0,00)._dollars to it in hand paid by the said Purchaser (s), does hereby agree that it shall and will at any time within the life of this option as hereinafter set forth, at the written request of the said Purchaser ( s) , execute and deliver to Purchaser ( s) , or to any person or persons as they the said Purchaser(s) shall direct in writing, a good and sufficient Warranty Deed of the following clesaa)ed land, situated in the City of Pontiac County of Oakland , State of Michigan, to-wit: Legal Description Part of the South one-half of Section 18, Town 3 North, Range 10 East, City of Pontiac, Michigan described as beginning at the South one-quarter corner of Section 18, thence South 86 degrees 39 minutes 00 seconds West, 484.36 feet; thence North 01 degrees 34 minutes 50 seconds West, 399.71 feet; thence North 87 degrees 49 minutes 10 seconds East, 98 feet; thence North 01 degrees 46 minutes 10 seconds West, 729.85 feet; thence South 84 degrees 58 minutes 00 seconds East, 522.24 feet; thence South 83 degrees 44minutes 20 seconds East, 133.99 feet; thence South 06 degrees 15 minutes 40 seconds West, 191.87 feet; thence South 01 degrees 44 minutes 40 seconds East, 846.46 feet; thence South 88 degrees 15 minutes 20 seconds West, 239.38 feet to point of beginning. Reserving an easement over the North 33 feet for Kennett Road. . , The conditions of this option shall be as follows: 1. Time of option to be 3 months ending December 19,1973. 2. Full purchase price to be Sixty-Eight Thousand Three-Hundred and Ten Dollars ($68,310.00). 3. TeLms to be 207. down, 77. interest per year on unpaid principal, one year land contract, one semi-annual payment of interest only and to begin, when option is exercised by purchaser. 4. Option consideration of Fifty Dollars ($50.00) to be credited toward purchase if option is exercised by purchaser and retained by seller if option is not exercised by purchaser. -7 5. Commission to be paid on closing by seller and to be at the rate of 10 per cent of the purchase price. Commission to be paid to Delbridge Real Estate, Roland Harkless, Broker. 6. Upon completion of payments of Land contract, the seller shall provide the purchaser with a warranty deed. 7. As evidence of title, Seller agrees to furnish Purchaser 10 days prior to closing, a Policy of Title Insurance. #6446 November 1,1973 .Moved by Wilcox supported by Douglas that Resolution #6446 be adopted. AYES: BrOtherton, Button Douglas, Dunleavy, Gabler, Hobart, Hoot, Houghten, Kasper, Lennon, Mathews, Moffitt, Montante, Nowak, Perinoff, Pernick, Quinn, Vogt, Wilcox, Berman. (20) 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 - Resolution #6446 adopted by the Oakland County Board of Commissioners ne WOO etitai..0 4,41.1.96 69 n90 ,1910•00010 OP 6 9 O." Ogee 00 0000 OS 0 0 000000000060006000000000 at their November 1, 1973 meeting .04n700 (941.8 O." 0 Of) 00000".” 0 Hoto • 0 .0 BP 019 6 0 aiei" 0000000108000000Bes000eo ote. OS 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 2nd , November In 73 this.....................day Lynn D. Allen......................Clerk By .................................Deputy. Clerk #6446 Moved by Lennon supported by Hobart the resolution be adopted. Discussion followed. Mr. Douglas moved that the resolution be laid on the table. There was no support. The Chairman requested that Daniel T. Murphy, Chairman of the Board of Auditors address the Board on this matter. There were no objections. Mr. Murphy addressed the Board, Discussion followed. Moved by Douglas supported by Vogt the resolution be laid on the table. A sufficient majority having voted therefor, the motion carried.