docketcity.com
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)

Resolution Unfinished Business Introduced November 28, 2016

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