HomeMy WebLinkAboutAgendas/Packets - 1970.10.16 - 39512ARKS AND RECREATION COMMISSION
oakland county service center 2800 watkins lake road pontiac, michigan
Frances Clark
Chairman
Clarence A. Durbin
October 8, 1970
Vice -Chairman
Velma Austin
Secretary
To the Members of the
Daniel W.Barry
Thomas. Dillon
J
PARKS AND RECREATION COMMISSION
Sol D. Lomerson
Oakland County, Michigan
Carl W. O'Brien
James L. Reid
E. Frank Richardson
Ladies and Gentlemen:
Henry A. Schiffer
Commissioners
A meeting has been called of the PARKS AND
®
RECREATION COMMISSION as follows:
Kenneth L. Van Notta
Director
TIME .......... 9:30 a.m.
®
Friday, October 16, 1970
Gerard C. Lacey
Assistant Director
PLACE ......... Parks and Recreation Office
®
2800 Watkins Lake Road
Pauline McCormick
Pontiac, Michigan 48054
Adm. Assistant
e
PURPOSE....... Regular Meeting
The meeting is called in accordance with authori-
zation of Frances Clark, Chairman of the Parks
and Recreation Commission.
Cordially,
Kenneth L. Van Natta
KLV:slw
• 338-6196
REVIEW OF APPRAISAL MADE BY JOHN W. STOPPERT
ON PROPERTY IN SECTIONS 3, 410 9 and 10,
INDEPENDENCE TOWNSHIP
The purpose of this review and opinion by your Director
is solely to guide the Parks Commission in its decision.
There is no question that the appraiser of this property is
qualified, competent and unprejudiced, and that he has sub-
mitted a good and valid appraisal of subject property to the
Commission.
The desirability of having complete control of Crooked
Lake as a top quality County recreation area is obvious, and
has been established by Commission action.
Due to the manner in which the appraisal approach was
taken, considerable weight was given to a "before" and "after"
value of a partial take. The appraiser was made cognizant of
this possibility prior to any field work. The result of his
appraisal indicated that every consideration was reviewed and
justified in the event condemnation action was taken. The
above factors, in my opinion, created a higher value of the
sixty-six (66) acres lying westerly of Perry Lake Road than
would normally be affixed to this property, had it been
appraised as the only parcel held, and under the present con-
ditions and existing road right of way.
It is reasonable to assume that a long period of time
would elapse before a willing buyer could be located who would
expend $400,000 for some twenty-five (25) acres of usable land
that are so confined by lake and roadway, with a public park
across the lake. The sanitation and disposal problem would be
major in this confined area, with the constant threat of a
water pollution hazard and liability.
As public officials dedicated to acquire quality recrea-
tion areas now for present and future use, all of us realize
the great potential this area has. It would be my recommenda-
tion to the Commission that it acquire the total property
for the appraised value of $760,000 ($1,800 per acre); that
it then obtain road construction costs and other data, decide
what part of the property is a prime necessity, and sell the
balance. In the event the Commission decision would keep only
the part it originally thought was of tremendous importance,
it would allow us to sell all of the property East of Perry
Lake Road. This would allow us to dispose of 356 acres that
should have a potential of $1,500 or more per acre, or a
return to the Commission of $534,000, or a cost of $226,000
for the sixty-six (66) acres it retains; interest and other
APPRAISAL REVIEW
Page 2
costs to be evaluated. To do this correctly, we should be
extremely careful on how the options are prepared in order
that options to purchase or land contract could be sold any
time during their life time.
I have requested Corporation Counsel to obtain an opinion
from the Attorney General as to whether or not the Parks
Commission could enter into a land contract for a period of
time that would run concurrent with the voted millage. If the
Commission so desires, and if agreeable with the seller, we
could purchase on the following schedule of payments:
1970
- $25,000
for a
6-months option
1971
- $100,000
for
option renewal
1972
- $150,000
for
option renewal
1973
- $200,000
for
1-year land contract
1974 -
$285,000
for
final payment
On this basis we would have approximately $250,000 per
year for operation and development until 1974, or until the
excess property was disposed of. This, of course, would
drastically reduce and delay our development plans over the
next three-year period.
An additional recommendation to the Commission would be
to retain either our Corporation Counsel or an attorney for
the legal work.
Kenneth L. Van Natta
Director