FLINT TWP. — The township board has accepted an offer of $55,000 to sell two parcels it owns on or near Charter Drive to Flint Cardiovascular Consultants.
In a split decision, the board rejected a $38,000 offer from the same buyer at its Oct. 8 meeting but asked real estate agents to work out a better offer.
At that meeting, the board accepted a separate $60,000 offer from another buyer for a parcel on Charter Drive.
The three sold parcels are among nine on Charter Drive, off Court and Linden roads that the township listed for sale last spring. All were acquired for free in 2008 through Genesee County Treasurer’s Office tax foreclosed properties that did not sell at public auctions. The land automatically reverts back to the township which can choose to keep it and let it go to the Genesee County Landbank.
One of the parcels just sold is on Charter Drive and the other on nearby Town Center Parkway.
Township Supervisor Karyn Miller said that the purchase offer came with a letter from Samir Elian, a physician, who owns commercial property behind those lots. Flint Cardiovascular Consultants is located at 4455 Town Center Parkway.
“He is already a business owner and paying taxes,” Miller said. His letter of intent says that he will develop on the properties and not flip them for profit.
The sale returns the property to the tax rolls and carries a condition that the buyer submit a site plan within 180 days and begin building within a year.
Miller said that nothing but the price changed from the purchase agreement presented last month.
“We are lucky,’’ commented trustee George Menoutes, about the sale. He was one of three board members who voted last month in favor of selling at the lower price.
“We got them for nothing,” he said at that time, pointing out that vacant land is not selling well in Genesee County. The board voted unanimously in favor of the higher offer. Trustee Frank Kasle was absent.