Beruflich Dokumente
Kultur Dokumente
Genesee County Parks and Recreation staff requests the approval of the Chevy
Commons Agreement. Part of the Flint Riverfront Restoration Project, the acquisition of
Chevy Commons includes nine (9) parcels of property located in the City of Flint. The
total purchase price is $6,263,700.00. A grant in the amount of $4,697,775.00 was
awarded by the Michigan Natural Resources Trust Fund and match funds in the amount
of $1,565,925.00 awarded by the Mott Foundation. NO USE OF GENERAL FUND.
RES-2019-678
WHEREAS, the funding amount for the purchase consists of grant funding
in the amount of $4,697,755.00, provided by the MDNR Trust Fund, and matching
funding in the amount of $1,565,945.00, provided by the C.S. Mott Foundation, with no
use of the County General Fund dollars; and
WHEREAS, the funding amount will be used as described in the Real Estate
Purchase Agreement for construction projects at Riverbank Park, Vietnam Veterans
Park, and other associated construction more particularly described in the
Development Plans section of the Agreement.
(On Agenda with consent of both the Committee and Board Chairpersons)