Submitting reso. autho. Real Property at 5420 Springwells, Detroit, MI 48210. (The P&DD entered into a Purchase Agreement dated November 3, 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 Seven Thousand and 00/100 Dollars ($7,000.00) (the “Purchase Price”). Offeror intends to rehabilitate the property as a single-family detached dwelling. The proposed use is a by-right use within the designated R2/Two-Family Residential zoning district, in accordance with Section 61-8-34 (1) of the City of Detroit zoning ordinance.) (REFERRED TO PLANNING AND ECONOMIC DEVELOPEMENT STANDING COMMITEE ON 11-17-16)

What this record is

Amount

$7K

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 12, 2017

On agenda

November 17, 2016

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