HomeMy WebLinkAboutResolutions - 1994.03.23 - 24186March 24„ 1994 •
MISCELLANEOUS RESOLUTION #94078
BY: PLANNING & BUILDING COMMITTEE, CHARLES E. PALMER, CHAIRPERSON
IN RE: DEPARTMENT OF FACILITIES MANAGEMENT - AUTHORIZATION FOR
SALE OF COUNTY OWNED PROPERTY IDENTIFIED AS TAX SIDVVELL
NUMBERS 14-29-205-003 AND 14-29-206-010 IN THE CITY OF
PONTIAC, COMMON ADDRESS 196 OAKLAND
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS, the County of Oakland in concurrence with the County Executive and
Oakland County Board of Commissioners Planning & Building Committee, has
recommended to offer to sell by sealed offers County owned property located in the City
of Pontiac and identified as tax Sidwell Numbers 14-29-205-003 and 14-29-206-010; and
WHEREAS, the Department of Facilities Management has had the property
identified as tax Sidwell Numbers 14-29-205-003 and 14-29-206-010 appraised as to fair
market value; and
WHEREAS, the Department of Facilities Management has advertised for sealed
offers to purchase County owned property identified as tax &dwell Numbers 14-29-205-
003 and 14-29-206-010; and
WHEREAS, the Department of Facilities Management has received sealed offers
to purchase property identified as tax Sidwell Numbers 14-29-205-003 and 14-29-206-
010 1 as follows:
Purchase
Company Offer
1. CR Investment Co. $545,000 With contingencies
2. First Samaritan Corp. $320,000
3. Openings $318,000
4. Perry Investments Ltd. $280,000
WHEREAS, the Oakland County Board of Commissioners directs the
Department of Facilities Management to review and recommend to the
Oakland County Board of Commissioners that offer which is most
advantageous to the County of Oakland.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners authorizes the Department of Facilities Management to
complete negotiations for a sales agreement with the highest
qualified bidder, price and other factors considered, for 196
Oakland Avenue; and
BE IT FURTHER RESOLVED that the appraisal requirements of the
Board of Commissioners have been met by obtaining one acceptable
outside appraisal and one letter of value from Lisa A. Hobart, ASA
of the Community and Economic Development staff; and
BE IT FURTHER RESOLVED that prior to final approval by the
Planning and Building Committee of a sales agreement that the
acceptable purchaser shall deposit with the County Treasurer a sum
equal to 5% of the agreed sale price or as an alternative an
irrevocable letter of credit from the purchasers lending
institution guaranteeing the 5% deposit to the County of Oakland;
and
BE IT FURTHER RESOLVED that when sales agreement has been
completed and other conditions have been complied with Facilities
Management shall report back to the Planning and Building
Committee.
PLANNING AND BUILDING_COMMITTEE
Resolution #94078 March 24, 1994
Moved by Palmer supported by Douglas the resolution be adopted.
AYES: Garfield, Gosling, Huntoon, Jensen, Johnson, Kaczmar, Kingzett, Law,
McPherson, Miltner, Oaks, Obrecht, Palmer, Pernick, Powers, Schmid, Taub, Wolf,
Aaron, Crake, Dingeldey, Douglas. (22)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
OREGOIN( RESOLUTION
5A- vii2
4cutive Date
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland, do hereby certify that the
foregoing resolution is a true and accurate copy of a resolution adopted by the
Oakland County Board of Commissioners on March 24, 1994 with the original record
thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand andleifixed the seal of the
County of Oakland at Pontiac, Michigan this 24th day arph-VRA.
. Allen, County Clerk Ly