File #: 2016-0158    Version: 1
Type: Administration Status: Passed
File created: 4/5/2016 In control: City Council Regular Meeting
On agenda: Final action: 4/11/2016
Title: Resolution to Authorize the City Council President to execute the necessary deed and closing documents for the sale of 1544-1600 Hamlin Road to Jenoptik Automotive
Attachments: 1. Resolution (Draft).pdf

Title

Resolution to Authorize the City Council President to execute the necessary deed and closing documents for the sale of 1544-1600 Hamlin Road to Jenoptik Automotive

 

Body

Whereas, in Resolution RES0041-2016, adopted on February 22, 2016, the Rochester Hills City Council approved the Purchase Agreement for the sale of 1544-1600 Hamlin Road to Jenoptik Automotive, and authorized the Mayor to sign the Agreement and to further execute and deliver such additional documents that are reasonable and necessary to consummate this transaction; and

 

Whereas, in anticipation that this transaction may proceed to close expeditiously, the City Council desires to authorize the City Council President, as the Mayor pro tem of the City, to execute the necessary deed and closing documents in the event the Mayor is not available to do so due to scheduling.

 

Therefore, It Is Resolved, that the City Council authorizes City Council President Mark Tisdel to execute and deliver such documents (including warranty deed) that are reasonable and necessary to consummate this transaction, in the event the Mayor is not available to do so for the scheduled closing date.