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MISCELLANEOUS RESOLUTION 196184 August 8, 1996
BY: PLANNING AND BUILDING COMMITTEE - CHARLES E. PALMER, CHAIRPERSON
In RE: DEPARTMENT OF FACILITIES MANAGEMENT - SALE OF COUNTY PROPERTY
LOCATED IN THE CITY OF ROYAL OAK TO THE CITY OF ROYAL OAK
TO: OAKLAND COUNTY BOARD OF COMMISSIONERS,
MR. CHAIRPERSON, LADIES, AND GENTLEMEN:
WHEREAS, the County of Oakland owns property located in the City of Royal Oak
identified as Fourth Street Office Building, 2401 Fourth Street, Royal Oak, MI 48067 (Sidwell No. 25-
23-128-007); Troy Street Office Building, 111 South Troy Street, Royal Oak, MI 48067 (Sidwell No.
25-22-104-001); and part of Royal Oak Farmer's Market, 316 East Eleven Mile Road, Royal Oak,
MI 48067 (Sidwell No. 25-22-104-002); and
WHEREAS, the County of Oakland has been negotiating the sale of properties identified
as Fourth Street Office Building (Sidwell No. 25-23-128-007); Troy Street Office Building (Sidwell No.
25-22-104-001); and part of Royal Oak Farmer's Market (Sidwell No. 25-22-104-002) with the City
of Royal Oak to purchase said properties since 1994; and
WHEREAS, the City of Royal Oak has offered a cash sale to purchase the properties
identified as Fourth Street Office Building, 2401 Fourth Street, Royal Oak, MI 48067 (Sidwell No. 25-
23-128-007); Troy Street Office Building, 111 South Troy Street, Royal Oak, MI 48067 (Sidwell No.
25-22-104-001); and part of Royal Oak Farmer's Market, 316 East Eleven Mile Road, Royal Oak,
MI 48067 (Sidwell No. 25-22-104-002) for the sum of $1,362,000; and
WHEREAS, the County of Oakland in concurrence with the County Executive and the
Oakland County Board of Commissioners recommends the sale of Fourth Street Office Building,
2401 Fourth Street, Royal Oak, MI 48067 (Sidwell No. 25-23-128-007); Troy Street Office Building,
111 South Troy Street, Royal Oak, MI 48067 (Sidwell No. 25-22-104-001); and that portion of Royal
Oak Farmer's Market, 316 East Eleven Mile Road, Royal Oak, MI 48067 (Sidwell No. 25-22-104-002)
for the sum of $1,362,000; and
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners
authorizes and directs the Departments of Facilities Management and Corporation Counsel to
complete the sale of listed properties to the City of Royal Oak as a cash sale upon closing.
BE IT FURTHER RESOLVED the Oakland County Board of Commissioners directs its
chairperson or its designee to execute the necessary documents to complete the sale of properties
identified as Fourth Street Office Building, 2401 Fourth Street, Royal Oak, MI 48067 (Sidwell No. 25-
23-128-007); Troy Street Office Building, 111 South Troy Street, Royal Oak, MI 48067 (Sidwell No.
25-22-104-001); and part of Royal Oak Farmer's Market, 316 East Eleven Mile Road, Royal Oak,
MI 48067 (Sidwell No. 25-22-104-002) to the City of Royal Oak.
Mr. Chairperson, on behalf of the Planning and Building Committee, I move the adoption
of the foregoing resolution.
FISCAL NOTE (M.R. #96184)
BY: FINANCE AND PERSONNEL COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON
IN RE: FACILITIES MANAGEMENT - SALE OF COUNTY PROPERTY LOCATED IN THE CITY OF
ROYAL OAK TO THE CITY OF ROYAL OAK
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
Pursuant to Rule XII-F of this Board, the Finance and Personnel
Committee has reviewed the above referenced resolution and finds:
1. The resolution authorizes the Department of Facilities Management
and Corporation Counsel to proceed with the sale of property
located in the City of Royal Oak identified as Fourth Street
Office Building, 2401 Fourth Street (Sidwell No. 25-23-128-007);
Troy Street Office Building, 111 South Troy Street, (Sidwell No.
25-22.-104-001); and the County's share of the Royal Oak Farmer's
Market, 316 East Eleven Mile Road (Sidwell No. 25-22-104-002) to
the City of Royal Oak.
2. The properties will be sold for a total sum of $1,362,000 less a
credit to Royal Oak for their share of the retained earnings from
operation of the Royal Oak Market (approximately $65,000). Royal
Oak will also receive credit (approximately $20,000) on the
purchase price for repair work not completed as stipulated in the
purchase agreement.
3. The proceeds of the sale will be recorded in the Capital
Improvement Fund #40100, Account #3-40100-95-01-00-2561 and will
be available for future projects.
FINANCE AND PERSONNEL COMMITTEE
. Allen, County Clerk
Resolution #96184 November 7, 1996
Moved by Palmer supported by Kaczmar the resolution be adopted.
AYES: Kingzett, Law, McCulloch, McPherson, Moffitt, Obrecht, Palmer,
Pernick, Powers, Schmid, Taub, Wolf, Amos, Crake, Devine, Dingeldey, Douglas,
Garfield, Holbert, Huntoon, Jacobs, Johnson, Kaczmar. (23)
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, 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 November 7, 1996 with the original
record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the
County of Oakland at Pontiac, Michigan this 7th day of November 1996.
