Submitting reso. autho. Real Property at 7515 Melrose, Detroit, MI 48202 (The Planning and Development Department entered into a Purchase Agreement dated January 31, 2017 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 Two Thousand Sixty and 00/100 Dollars ($2,060.00) (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. Offeror shall, in addition, board up and/or secure the property within six (6) months of closing and apply for and obtain a Certificate of Occupancy for the property within thirty (30) months of closing, with a right of reverter, written into the Deed, to be exercised by P&DD in event of default.) (REFERRED TO THE PLANNING AND ECONOMIC DEVELOPMENT STANDING COMMITTEE ON 3-2-17)

Resolution New Business Introduced April 10, 2017

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