HomeMy WebLinkAboutResolutions - 1962.10.01 - 19914Hugh
Leroy D9
r Fidacock, Chairman -
/ /
Duane Hursfair
Paul W. McGovern
J C; AL
ncan
_
Wesle y pt
ugh Dohny
Miscellaneous Resolution 4016 October 1, 1962
BY: Mr. 1-leacock
IN RE: REPORT ON SALE OF COUNTY OWNED LANDS
To the Oakland County Board of Supervisors
Mr. Chairman, Ladies and Gentlemen:
As reported to the Board last month, an auction of the property owned by the
County at 548 E. Lincoln Avenue, Birmingham, was held in the Supervisors Room on
September 19, 1962. This property is legally described as follows:
City of Birmingham
Frame House on rear of Lot No. 548 E. Lincoln Avenue
W. 1/2 of Lot 10 Assessor's Plat 5 except N. 3` of W'ly.
1/2 of Lot 4 10, Zoned B-2 (Neighborhood Business)
A minimum bid of $10,000.00 was set, this being the appraised value as set by
the County equalization staff.
At the auction there were several bids, the highest being $13,100. The successful
purchaser has made a good faith deposit of $1,000.00 and has agreed to purchase the
property on a 5-year contract with interest at the rate of 6% per annum on the unpaid
balance. This contract is to be executed in the near future, at which time the balance of
the down payment will be paid.
MR. CHAIRMAN, I move that the foregoing report be received and placed on file
BUILDINGS AND GROUNDS COMMITTEE
Moved by Heacock supported by J. W, Duncan the resolution be adopted.
A sufficient majority having voted therefor, the motion carried.