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Waterford Township board approves OCC Highland Lakes purchase addendum and temporary $2.79M transfer
Summary
Waterford Township approved an addendum and related leases to purchase part of the Oakland Community College (OCC) Highland Lakes campus and a temporary transfer from the general fund to the 406 community center construction fund described at the meeting as $2,787,346 plus a $100,000 deposit; the vote passed with board member Harris opposed.
Waterford Township’s board voted to approve a resolution advancing the township’s purchase of a portion of the Oakland Community College Highland Lakes campus and associated legal documents, and authorized a temporary transfer from the general fund to the 406 Community Center construction fund to finance the transaction.
The resolution covered a first addendum to the real estate purchase agreement and related access and utility easements, a rental agreement, a historical easement and the Levinson Hall lease with Oakland Community College.…
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