15-5502
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)
What this record is
- Amount
- $2K
- 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
- April 10, 2017
- On agenda
- March 2, 2017
Where it was heard
Planning and Economic Development Standing CommitteeWatch what Detroit buys
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