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HomeMy WebLinkAboutMinutes - 1992.06.11 - 38925OAKLAND COUNTY PARKS AND RECREATION COMMISSION SPECIAL MEETING June 11, 1992 The special meeting was called to order at 10:58 a.m. by Chairman Wint in Com- mittee Room A of the Oakland County Board of Commissioners Auditorium. COMMISSION MEMBERS PRESENT: Chairman Wint, Vice Chairman Jean Fox, Secretary Pecky D. Lewis, Jr., Fred Korzon, George Kuhn, Richard D. Kuhn, Jr., Thomas Law, John Olsen, Roy Rewold COMMISSION MEMBERS ABSENT: Lawrence Littman ALSO PRESENT: Parks and Recreation Ralph Richard, Manager Frank Trionfi, Chief, Admin. Services Corporation Counsel Jack Hays, Corporation Counsel Linda Wasielewski, First Asst. Counsel Pat Campbell, Real Estate Division The purpose of the meeting was to review the proposed purchase agreements for the Lyon Township property. Manager Richard updated the Commission on the status of the proposal, noting the terms have been agreed upon, including the price, which had been previously set at $4,950,000. Staff has also been notified verbally that the State's grant funding is in place for this acquisition. The only problem staff foresees is meeting the deadlines the seller has requested, which are June 25 for the $300,000 deposit and closing on July 15. The Parks Commission must receive approval from both the Planning and Building Committee and the Finance Committee, plus full Board of Commissioners approval, by June 25. Staff presented two purchase agreements; the first is for the main parcel of 637.50 acres, and the second is for the smaller parcel of 34.75 acres. The smaller parcel will be purchased entirely from Oakland County Parks and Recreation Commission funds, rather than being purchased with the assistance of the grant funding, which will enable the Commission to sell at a later date, if desired. Commissioners voiced their concerns about the developer using our $300,000 deposit for the Phase II clean up of the property. Commissioner Olsen suggested putting the $300,000 deposit into an escrow account with a clause stipulating the funds can be used for the clean up only. Commissioner Korzon commented on the Commission's lack of protection for both the return of the deposit and the ability to purchase the property if the deadline is missed because of the seller's inability to obtain the clean up certificate. He suggested adding a contingency that the closing date be extended at the option of the purchaser. 3 - 1 (Special Commission Meeting, June 11, 1992) Moved by Mr. Olsen, supported by Mr. Rewold to approve the purchase agreements between Jerome F. Leber and the County of Oakland, Parks and Recreation Commission, to purchase one parcel of 637.50 acres in the amount of $4,680,618 and a second parcel of 34.75 acres in the amount of $269,382, both parcels located in Lyon Township. Approval of these agreements will be contingent upon the following two conditions: 1. The $300,000 deposit be placed in escrow with funds being released only for Phase II clean-up costs. 2. In the event the clean up is not completed before the July 15 clos- ing date, the deadline may be extended at the purchaser's option. ROLL CALL VOTE: AYES: Olsen, Rewold, Wint, Fox, Korzon, G. Kuhn, R. Kuhn, Law, Lewis (9) NAYS: (0) A sufficient majority having voted, the motion carried. If the seller does not agree to these conditions, staff will call another emer- gency meeting for Tuesday, June 16, 1992, at 8:30 a.m. Meeting was adjourned at 11:51 a.m. he Pecky/ D. Lewis, Jr Secretary Karen Smith Recording Secretary 3 - 2