Submitting reso. autho. Sale to Caza LLC of Surplus Property at 14094/14098 Gratiot, Detroit, MI 48205. (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 Four Thousand Eight and 00/100 Dollars ($4,008.00) (the “Purchase Price”). Offeror intends to use the property as ancillary parking space for their adjacent auto repair business. The property will be used solely for the parking of operable passenger motor vehicles belonging to employees or customers of the business. Offeror shall, in addition, board up and/or secure the property within six (6) months of closing, and demolish the existing structure at 14098 Gratiot within twelve (12) months of closing, with a right of reverter written into the Deed to be exercised by P&DD in the event of default.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMMITTEE ON 11-3-16)

Resolution New Business Introduced January 9, 2017

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