Title
Resolution to Approve the Purchase of 3401 Platt Road on Behalf of the Housing Commission $195,000.00 (8 Votes Required)
Memorandum
The Ann Arbor Housing Commission (AAHC) is redeveloping its property at 3451-3457 Platt Road. The property currently has four 5-bedroom single-family homes that are in the floodway and these homes experience regular flooding during a storm event. The AAHC would like to demolish these homes and rebuild them out of the floodway as part of a new 32 unit site plan. The new site plan would combine three adjacent parcels into one parcel. The first parcel is 3451-3457 Platt. The second parcel is an adjacent vacant parcel. Both of these parcels are owned by the City on behalf of the AAHC. The third parcel is 3401 Platt, which is adjacent to this vacant parcel.
The owners of 3401 Platt have agreed to sell the property to the City for use by the AAHC as required by City ordinance. Acquisition of this property will enable the AAHC to replace its units and add 28 additional units of affordable housing on Platt Road.
Ann Arbor City Code, Chapter 8, Section 1:209(3) states:
All deeds, mortgages, contracts, leases, purchases, or other agreements regarding real property which is or may be put under the control of the housing commission, including agreements to acquire or dispose of real property, shall be approved and executed in the name of the City of Ann Arbor. The Ann Arbor City Council may, by resolution, decide to convey or assign to the housing commission any rights of the city to a particular property owned by the City of Ann Arbor which is under the control of the housing commission and such resolution shall authorize the City Administrator, Mayor and Clerk to take all action necessary to effect such conveyance or assignment.
The City of Ann Arbor must purchase 3401 Platt on behalf of the AAHC as required by City Code. Once acquired, the City has the authority under City Code to transfer the deed to the properties ...
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