Submitting reso. autho. Sale to Lawrence A. Muhammad of Surplus Property at 12750 Mansfield, Detroit, MI 48227. (The Planning and Development Department entered into a Purchase Agreement dated September 14, 2016 with the Offeror. Under the terms of a proposed Purchase Agreement, the Property would be conveyed to the Offeror by Quit Claim Deed (the “Deed”) for Twenty-Six Thousand and 00/100 Dollars ($26,000.00) (the “Purchase Price”), subject to the approved transaction costs and transaction fee. As per section 61-9-80 (26) of the City of Detroit zoning ordinance, Offeror’s intended use of the Property as a commercial trade school for the servicing of energy-efficient heating and cooling systems is a by-right use. The Offeror shall apply for and obtain a Certificate of Occupancy for the property within twenty-four (24) months of closing, with a right of converter, written into the Deed to be exercised by P&DD in event of default.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMITTEE ON 10-13-16)
What this record is
- Amount
- $26K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- purchase
- Field
- Utilities & energy
utilities & energy contracts in MI that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Planning and Economic Development Standing Committee
- Introduced
- November 14, 2016
- On agenda
- October 13, 2016
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