Title
Request to Negotiate the Sale of Goodland Twp, MI Property
Body
Agenda of: June 20, 2018
Item No.: 2018-763
Amount: N/A
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Randal M. Brown
General Counsel
DATE: May 21, 2018
RE: Request to Negotiate Sale of Goodland Twp, MI Property
MOTION
Upon recommendation and opinion of Randal M. Brown, General Counsel, the Legal Committee for the Great Lakes Water Authority (GLWA):
1) Recommends to the Board that the General Counsel negotiate the sale of property in Goodland Township to the prior owner, Brenda Turner.
JUSTIFICATION
On or about December 19, 2016, the Great Lakes Water Authority (GLWA) purchased 0.5 acres in Goodland Township, Michigan from Brenda Turner. GLWA purchased the property for $8,000.00. The purchase was the result of a settlement of a condemnation proceeding. At the time, the property was the potential site for a booster chlorination station. As a result of the Master Agreement between GLWA, the State of Michigan, the City of Flint, the Genesee County Drain Commissioner and the Karegnondi Water Authority, GLWA is no longer in need of the purchased property. Ms. Turner agreed to repurchase the property for $8,000.00 plus GLWA paying all closing costs.
BUDGET IMPACT
The budget impact of this Agreement does not adversely impact the GLWA’s ability to perform its current and proposed financial plan and/or provides revenue to the GLWA.
COMMITTEE REVIEW
The Legal Committee reviewed details of the proposed transaction on May 23, 2018. The Legal Committee unanimously recommended that the GLWA Board adopt the Resolution as presented.
SHARED SERVICES IMPACT
There is no impact to the Shared Services Agreement.