Submitting reso. autho. Real Property at 1752 Meldrum, 1741, 1747, 1755, and 1761 Beaufait. (The Planning and Development Department entered into a Purchase Agreement dated September 26, 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 Seventeen Thousand Three Hundred Three Thousand Forty Seven and no 00/100 Dollars ($17,347.00) (the “Purchase Price”). Offeror intends to secure and improve property as landscaped greenspace adjacent to their facility. The proposed use is a by-right use within the designated M4/Intensive Industrial zoning district, as per section 61-10-78 of the 2016 City of Detroit Zoning Ordinance.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMMITTEE ON 11-3-16)

What this record is

Amount

$17K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

purchase

Field

Real estate

real estate 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

January 9, 2017

On agenda

November 3, 2016

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