Grand Blanc City Council Meeting Agenda November 12 2025
Communities First Property Purchase Agreement Progresses
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Description
Grand Blanc is proceeding under a third purchase agreement with Communities First for property at 113 Reid Road and 11410 S. Saginaw Street, with a $325,000 price and $25,000 deposit. The agreement sets deadlines through 2027 for due diligence, site plan submission, and construction start.
Contract Details
Contract Amount
$325,000
Vendor
COMMUNITIES FIRST
Agency
City of Grand Blanc, MI
Contract Type
OTHER
Document Date
November 12, 2025
Contract Term
Effective June 11, 2025; Closing Date by December 31, 2025; Due diligence ends June 12, 2026; site plan by March 31, 2026; building permit and start construction by March 31, 2027
Renewal Date
2027-03-31
Renewal Info
City Council may vote in January 2026 to terminate the purchase agreement if the December 31, 2025 Closing Date is not met. Subsequent deadlines extend through March 31, 2027.
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