Mount Clemens commission authorizes $1.5 million purchase agreement for 20 South Main Street

The Mount Clemens City Commission authorized a purchase agreement for the property at 20 South Main Street for $1,500,000, adding a 60-day due-diligence period and a $25,000 down payment.

The action followed a motion made after the commission returned from a brief closed session on the matter. The mover stated, “Move to authorize the purchase agreement for 20 South Main Street for $1,500,000 with the 60 day due diligence period and a $25,000 down payment.” The motion was supported and carried in a roll-call vote with all members recorded as voting yes.

Commissioners discussed only brief clarifying language after the motion. One commissioner said that, if given more time, they would have preferred to call the upfront payment a deposit rather than a down payment, but they agreed the motion as amended would proceed. No additional contingencies or purchase contingencies beyond the stated due-diligence period were placed on the public record at the meeting.

The commission did not disclose further commercial terms or a source of funds on the record during the public meeting. The commission took the vote immediately after reconvening from closed session and then moved to adjourn.

Next steps: the purchase agreement, as authorized in open session, will proceed to the due-diligence period described by the motion; the commission did not record a subsequent public hearing or additional approvals at the meeting.