HomeMy WebLinkAboutResolutions - 1988.03.23 - 17546MISCELLANEOUS RESOLUTION 38068 Ma rch 24, 1988
BY: PLANNING AND BUILDING COMMITTEE, Anne M. Hobart,
Chairperson
IN RE: DEPARTMENT OF CORPORATION COUNSEL - REAL ESTATE
SECTION - Sale of Vacant Property -Re tfec-ret,k oPrIn.e.
City of Pontiac - Sidwell #14-18-226-001
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS:
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS, Miscellaneous Resolution #9232, adopted
December 6, 1979, authorized the sale of a vacant parcel of
property in the City of Pontiac, Sidwell 14-18-226-00.1; and
WHEREAS, by Writ of Restitution, Case No.
85-LT-37590-CH, State of Michigan, 50th Judicial District, the
parcel was reclaimed by the County of Oakland; and
WHEREAS, Miscellaneous Resolution 860-98, adopted April
17, 1986, directed that updated appraisals be obtained prior
to advertising the parcels for sale; and
WHEREAS, the property was appraised by Robert H. Scott
at $85,000 and Pontiac Appraisal Service submitted an
appraisal of $74,500; and
WHEREAS, pursuant to Miscellaneous Resolution 87176,
said parcel was advertised for sale, but no offers were
received; and
WHEREAS, the County has received a written proposal on
said parcel by the Panda Development Company, prior
purchasers, for $50,000, less the prior down payment and
payments to principal; and
WHEREAS, the Department of Corporation Counsel
recommends this offer be rejected as it does not reflect the
current value of this parcel of real estate;
NOW THEREFORE BE IT RESOLVED that the Board of
Commissioners rejects the written Offer to Purchase by Panda
Development Company.
BE IT FURTHER RESOLVED that the Board of Commissioners
directs Corporation Counsel - Real Estate Section, to
readvertise the sale of said parcel under the following terms:
Minimum Offer of $74,500.00
10% deposit to accompany offer
HEREBY APPROVE THE FOREGOING RESOLUTION
, ;i1
gurrLhy/C6tatty Ext-,cut4;et
BE IT FURTHER RESOLVED that sealed offers shall be
received by Corporation Counsel - Real Estate Section. The
sealed offers shall be opened at the regularly scheduled
meeting of the Planning and Building Committee on May 17,
1988.
Mr. Chairperson, on behalf of the Planning and Building
Committee, I move the adoption of the foregoing resolution.
PLANNING AND BUILDING COMMITTEE
' RESOLUTION # W168 March 24, 1988
24th day of March 19 88
ALLEN
County Clerk/Register of Deeds
Moved by Hobart supported by Crake the resolution be adopted.
AYES: A. McPherson, R. McPherson, Moffitt, Oaks, Pernick, Price, Rewold,
Skarritt, Wilcox, Bishop, Caddell, Calandro, Crake, Gosling, Hobart, Jensen, R. Kuhn,
Lanni, McConnell. (19)
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 Board of Commissioners at their regular
meetinc held on March 24. 1988
with the orginial 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