15-4363
Status of Planning and Development Department submitting reso. autho. sale to Abdullah Alsaidy of Surplus Property at 8324/8348 Joy Road, Detroit, MI 48204. (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 Eleven Thousand 00/100 Dollars ($11,000.00) (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 light auto repair business is not a permitted use under the zoning ordinance without the necessity of a rezoning, special exception, use permit, variance, or other approval. Offeror shall apply for and obtain rezoning of the Property or a special or conditional use permit or variance regarding the Property prior to closing and the consummation of this sale. Offeror shall, in addition, board up and/or secure the property within six (6) months of closing, with a right of reverter written into the Deed to be exercised by P&DD in event of default.) (BROUGHT BACK AS DIRECTED FROM FORMAL SESSION ON 10-18-16)
What this record is
- Amount
- $11K
- Runs until
- no end date published in this record
- Type
- purchase
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Planning and Economic Development Standing Committee
- Introduced
- November 28, 2016
- On agenda
- October 20, 2016