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2001 - Saginaw County

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Board of Commissioners May 22, <strong>2001</strong><br />

Marc McGill, Controller and Mr. Jensen informed us the Quit Claim<br />

further ensures that the <strong>County</strong> board will have full control and<br />

benefit of the property for a period of ten years to life. The<br />

Quit Claim further provides that the Board of Commissioners at<br />

only their sole discretion may revert the property back to the<br />

City, if deemed to be in the best interest of the Board of<br />

Commissioners.<br />

The Quit-Claim deed provides the <strong>County</strong> with more options that<br />

leasing the premises would, i.e. the facility could be sold at any<br />

time, or be reverted back to the City of <strong>Saginaw</strong>. If the <strong>County</strong><br />

were to lease the property, the <strong>County</strong> would be obligated to wait<br />

the entire ten year period of the millage before considering any<br />

other options. Further, the Board secures the taxpayers investment<br />

in the property through ownership. The reverter clause is only<br />

exercisable to the <strong>County</strong>. The City of <strong>Saginaw</strong> has indicated they<br />

are in agreement with these terms.<br />

It is the recommendation of your committee to approve the<br />

acceptance of the Quit Claim Deed as presented by Civil Counsel,<br />

and further, the proper <strong>County</strong> officials be authorized and<br />

directed to execute the necessary documents on behalf of the<br />

<strong>County</strong>.<br />

Respectfully submitted,<br />

COMMITTEE ON COUNTY SERVICES<br />

Todd M. Hare, Chair<br />

Raymond F. Bartels, Vice-Chair<br />

Kenneth B. Horn<br />

Michael P. O'Hare<br />

Carl E. Ruth<br />

Robert L. Fish<br />

APPROPRIATIONS AUTHORIZATION: It is the recommendation of your<br />

committee to concur with the above.<br />

James M. Graham, Chair<br />

Connie D. Smith, Vice Chair<br />

By Commissioner Hare: That the Report of the Committee be received<br />

and the recommendations contained therein be adopted.<br />

Commissioners Blaine, Horn, and O'Hare objected. Approved.<br />

COPY<br />

QUIT-CLAIM DEED<br />

The Grantor, CITY OF SAGINAW, a Michigan municipal corporation, of<br />

1315 South Washington, <strong>Saginaw</strong>, Michigan, Quit Claims to COUNTY OF<br />

SAGINAW, a Michigan municipal corporation, of 111 South Michigan<br />

Avenue, <strong>Saginaw</strong>, Michigan, the following described premises<br />

situated in the City of <strong>Saginaw</strong>, <strong>Saginaw</strong> <strong>County</strong>, Michigan:<br />

***Entire Blocks 37, 42 and 61, Map of the City of East <strong>Saginaw</strong>,<br />

also commonly known as Hoyt's Plat; also that part of vacated<br />

North Franklin Street and North Baum Street lying adjacent<br />

thereto, except that part taken for widening of Symphony Lane<br />

right-of-way;<br />

and<br />

***Entire Block 36, except the North 24 feet, Map of the City of<br />

East <strong>Saginaw</strong>, also commonly known as Hoyt's Plat, and except a<br />

parcel described as beginning on the East line of North Washington<br />

Avenue, 44 feet South of the South line of Johnson Street as<br />

originally platted; thence North along the East line of North<br />

Washington Avenue, 20 feet; thence East parallel to the South line<br />

of Johnson Street, 20 feet; thence Southwesterly to the point of

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