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Discussion of Purchase Offers for Meadowfield Property - City-owned property totaling approximately 9.5 acres previously purchased in 2001 for the consideration of the Older Person's Commission (OPC), located on the north side of Meadowfield Drive, west of Rochester Road, zoned Special Purpose, known as Parcel No. 15-22-226-016
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Whereas, the City of Rochester Hills owns property identified as 15-22-226-016, totaling 9.581 acres, located on the north side of Meadowfield Drive, west of Rochester Road; and
Whereas, the City of Rochester Hills purchased the property on August 27, 2001 for the consideration of locating the planned Older Person's Commission Facility that was subsequently built in Rochester; and
Whereas, the City of Rochester Hills has received two (2) written offers to purchase the above identified properties for the development of attached housing; and
Whereas, the Lombardo Companies' offer includes the deeding of two (2) parcels of land to the City of Rochester Hills totaling 9.448 acres as partial compensation for the Meadowfield site and said parcels are immediately north and contiguous to the Eugene Nowicki Park located on Adams Road, and the W. G. Gilbert, Inc. Purchase Agreement is a cash payment in total for the Meadowfield site; and
Whereas, the City of Rochester Hills has determined that both offers contain merit and are worthy of further pursuit;
However, the City of Rochester Hills cannot accept either offer as presented as the Purchase Agreements contain approvals and waivers of certain ordinances and other terms and conditions that are considered unacceptable.
Resolved that the Rochester Hills City Council Rejects the two (2) Purchase Agreements submitted for consideration to sell the property owned by the City of Rochester Hills known as the Meadowfield site, Sidwell Number 15-22-226-016 as terms and conditions of the Purchase Agreements are unacceptable.
Be It Resolved that the Rochester Hills City...
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