HomeMy WebLinkAboutResolutions - 1961.09.18 - 19438Miscellaneous Resolution September 18, 1961
BY: Mr. Levinson
IN RE: PURCHASE OF PROPERTY ADJACENT TO ROYAL OAK MARKET
TO THE OAKLAND COUNTY BOARD OF SUPERVISORS
Mr. Chairman, Ladies and Gentlemen:
WHEREAS, the Buildings and Grounds and Markets Committees have recommended
the purchase of the vacant real estate adjacent to the Royal Oak Market which is legally
described as Lot 12 and the South 100 feet of Lot 13 of Assessor's Plat No. 9, City of
Royal Oak, Oakland County, Michigan, and
WHEREAS said property can be used to good advantage for market parking, and
WHEREAS, an option obtained for the purchase of the property from Marguerite
Oldenburg, the owner, in the amount of $18,000 on a cash basis, expires at Noon on
October 5, 1961, and
WHEREAS said property has been appraised by the Equalization staff of the County
and the purchase price is no greater than the appraised value, and
WHEREAS, the County participates in the ownership and operation of the Market
with the City of Royal Oak on a 60/40 basis, the County having a 60% interest and the
City a 40% interest, and
WHEREAS, the three Committees recommend the purchase of said property by the
County contingent upon the approval by the City of Royal Oak to participate in the purchase
thereof to the extent of 40% interest;
NOW THEREFORE BE IT RESOLVED that the Board of Auditors be authorized to
exercise the option for and to purchase said real estate from Marguerite Oldenburg for the
sum of $18,000.00 upon receipt of approval from the City of Royal Oak that it will
participate in the purchase to the extent of 40% interest.
Copies to Aud. Tom
BE IT FURTHER RESOLVED that the C.ounty as share of the purchase money be
appropriated from the Markets Fund.
MR. CHAIRMAN, on behalf of the Ways and Means Committee, and with the
concurrence of the Buildings and Grounds and Markets Committees, I move the adoption
of the foregoing resolution.
WAYS AND MEANS COMMITTEE
David Levinson, -Chairman
Jo-6 L., Carey Arnb
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