Submitting reso. autho. Real Property at 5923 Commonwealth, Detroit, MI 48208. (The Planning and Development Department entered into a Purchase Agreement dated October 11, 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 Three Thousand Four Hundred Eighty Seven 00/100 Dollars ($23,487.00) (the “Purchase Price”). Offeror intends to demolish the existing structure on the Property for the development of a linen processing and laundry facility. The proposed use is a by-right use within the designated M4/Intensive Industrial zoning district, in accordance with Section 61-10-76 (12) of the City of Detroit Zoning Ordinance.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMMITTEE ON 11-3-16)

What this record is

Amount

$23K

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

January 9, 2017

On agenda

November 3, 2016