Nowicki property transfer was to begin this week

by Peter Jakey– Managing Editor

The county was ready this week to make the first large payment to Philip J. Nowicki, III and Michelle R. Nowicki, to acquire commercial property at the intersection of North Third Street and East Huron Avenue, as well as a residential dwelling and a lot for parking. According to county chairman Allan Bruder, the warranty deed was ready to be signed at the title company as of Tuesday. Once the signatures are in place the process of transferring the property can begin. Bruder was expecting the parties to sign an agreement Wednesday (past press time).

The Nowickis will receive a check in the amount of $109,000. ?Our intentions are to totally pay for the property by the end of May,? said Bruder. The total price for acquisition of the parcels is $210,000. The issue was briefly discussed at last Friday?s Presque Isle County Board of Commissioners? meeting.

THE PARTIES signed a purchase and sale agreement February 8. In doing so, the county gave the Nowickis a $1,000 deposit on the properties. In addition, $99,000 will be signed in a promissory note, payable on or before May 30, with the

remaining $1,000 to be paid within 10 days after the Nowickis vacate the house fronting Huron. The Nowickis are entitled to use the commercial property until May 30. Terms of the deal also allow the owners to remain in the residential structure until June 30. The deal also hinges on the understanding that the seller will convey a good and marketable title to the property. The commercial property would alleviate a space crunch at the Presque Isle County Courthouse across Huron Avenue and provide several spaces for overflow parking. Bruder believes the cost to renovate the Nowickis building would be about $25,000.

If and when they acquire the lots, Bruder would like to begin utilizing the parking lot June 1 as well as get the cost of preparing the 50? x 200? lot across the alley for additional parking.

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