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HomeMy WebLinkAboutResolutions - 1972.09.21 - 1595861 23 September 21, 1972 Miscellaneous Resolution BY: PLANNING & BUILDING COMMITTEE - Charlie J. Harrison, Jr., Chairman IN RE: AUTHORITY TO ACCEPT OPTION ON KEN NETT ROAD PROPERTY TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairman, Ladies and Gentlemen: WHEREAS the County of Oakland has offered for safe, 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 Six Hundred Ninety Dollars ($690.00) and the total purchase price for the 17.39 acres being Sixty-Nine Thousand Dollars ($69,000.00); and WHEREAS t he option runs to September 18, 1973; and WHEREAS the Planning and Building 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 Six Hundred Ninety Dollars ($690.00), 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 2 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 and Clerk of this Board be and the same are 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 Planning and Building Committee, by Charlie J. Harrison, Jr. , Chairman, moves the adoption of the foregoing resolution. PLANNING & BUILDING COMMITTEE Charlie rr5'°n' Jr. , Chairman OPTION POR FORCHAW OF IANT.) FORN 1162 Thig Tin-dr:art, Made this September A. D. 19 72, by and between day of the County of Oak.1.9m-T, a• t h hat it hereby agte Michigan. Constitutional Corporation hereafter known as the Seiler (s), and Michigan Corporation Detroit Services_In.o,.., ,a hereafter known as the Purchaser (s), WITNESSETH, That the said Seller(s), in cons.ideration of the swri of Six Hundred and - • ($690.00) Ninety Dollars and 00/100 dollars to it in hand paid by the said Purchaser (s), do5 .. shall and will at any trr.le within the life of this option as hereinafter sec forth, at the written request of the said Purchaser(s), execute and deliver in Purchaser(s), or to any person or persons as the said Purchaser(s) shall direct in writing, a good and. sufficient Warranty Deed of the following described land, situated in the . City of Pontiac , County of . 00-;..1„2..n.d. , 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 desoribed 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 derces 44 minutes 20 seconds. East, 133.99 feet; thence South 06 degrees 15 minutes 40 Fecds West, 193„87 feet; thence South 01 degrees 44 minutes 40 seconds Fast, 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 conditol; this option shall be as. follows: 1. Time of option to be 12 menthe ending September 18, 1973. 2. Full purchase price to be Sixty-Nine Thousand Dollars ($69,000.00), they 3. Terms to be 20% darn , 7% inter act p car 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 Six hundred and Ninety Dollars ($690,00) to be credited toward- purchase.if option is exercised by purchaser and retained by seller if option is not exercised by purchaser, 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 Laud 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 l a Policy of Title .Insurance #6123 Moved by Harrison supported by Olson the resolution be adopted. Discussion followed. Mr. Pernick requested that Daniel T. Murphy, Chairman of • the Board of Auditors, speak to the Board on this matter. There were no objections. Mr. Murphy addressed the Board. Vote on resolution: AYES: Olson, Paholak, Patnales, Perinoff, Pernick, Powell, Richardson, Simson, Szabo, Wilcox, Aaron, Barakat, Burley, Coy, Daly, Dearborn, Doyon, Gabler, Hamlin, Harrison, Horton, Houghton, Kasper, Kronenberg, Lennon, Mainland, Mathews. (27) 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 #6123 adopted by the Oakland County Board of V. ........... yelf.**. ..................... on..0 ......... Commissioners at their September 21, 1972 meeting ...... .............. .............................. ....... ........... 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 21st September this day of 1 9 72 Lynn D. Allen.. ..... ....... ........... ..... Clerk By Deputy Clerk