Re: Packard Plant (Maybe) Sold - $6.0 Million

Posted by RogerDetroit On 2013/11/4 16:01:32

Packard Plant bidder misses deadline to pay his full bid amount

Bill Hults, the second bidder on the Packard Plant, failed to meet the Wayne County treasurer's deadline for paying his full bid of $2,003,000 on Monday.

Instead, he proposed paying an additional $300,000 to his $100,000 deposit, promising to deliver the full amoung by noon on November 12.

Wayne County Treasurer Raymond J. Wojtowicz accepted the extension on Monday.http://www.wxyz.com/dpp/news/packard-plant-bidder-misses-deadline-to-pay-his-full-bid-amount