HomeMy WebLinkAboutResolutions - 1989.03.09 - 17022MISCELLANEOUS RESOLUTION 89063
BY: PLANNING AND BUILDING COMMITTEE, Anne M. Hobart,
Chairperson
IN RE: CORPORATION COUNSEL - Option Agreement for Montcalm
Road Extension; Between the County of Oakland and
Bernice Gershenson and Ira Jaffe, Trustees, and Aaron
H. Gershenson, Grantor and Wineman Investment Company
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS pursuant to Miscellaneous Resolution #83324,
the County of Oakland entered into an Option Agreement with
Bernice Gershenson and Ira Jaffe, Trustees and Aaron H.
Gershenson, Grantor; and Wineman Investment Company, Grantor;
all as sellers, for the purchase of 16+ acres of property
located in the Township of Waterford for road right of way
purposes for the east-west Montcalm Road Extension; and
WHEREAS Section 6 of said Agreement provides that if
Sellers receive a bona fide offer to purchase said property,
from a third party, the County shall have, upon receipt of a
copy of said offer, 30 days to exercise its right to purchase
said property at the same price as set forth in the third
party's offer to the purchase; and
WHEREAS on February 17, 1989, the Department of
Corporation Counsel, Real Estate Section received a copy of a
bona fide offer to purchase a portion of said property; and
WHEREAS at the terms as set forth of $4.00 per square
foot, the purchase price for the 3.22+ acres involved at this
time would be $560,000.00 and further that to purchase the
entire road right of way would be in excess of $1,500,000.000;
and
WHEREAS there is currently no firm plan by the City,
the State or the Federal government to extend the road in this
location; and
WHEREAS the County Executive recommends that the
County not exercise its option to purchase this road right of
way; and
WHEREAS the Oakland County Road Commission concurs
with this recommendation.
HE pPFTtr,NE,THE EOEGOING RESOLUTION
T. ' Coioity peptAve ep
NOW THEREFORE BE IT RESOLVED that the Oakland County
Board of Commissioners elects to allow its option to purchase
the 3.22 acres of land for road right of way for the east-west
Montcalm extension in the Township of Waterford to lapse.
Mr. Chairperson, on behalf of the Planning and Building
Committee I hereby move the adoption of the foregoing
resolution
PLANNING AND BUILDING COMMITTEE
I
RESOLUTION # 0063 • ,March 9, 1989
Moved by Hobart supported by Crake the resolution be adapted.
AYES: Skarritt, Wolf, Bishop, Calandra, Chester, Crake, Ferrens, Hobart, Jensen,
Johnson, R. Kuhn, S. Kuhn, Law, Luxon, McConnell, McCulloch, McPherson, Moffitt, Oaks,
Olsen, Pappageorge, Pernick, Price, Rewold. (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 the attached resolution,
adopted by the Oakland County Board of Commissioners at their regular meeting
held on . _March 9 , 1989 with the original record thereof now remaining
on file 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 9th day of March , 19813
Lytig D. ALLEN, County Clerk
Rdister of Deeds
