HomeMy WebLinkAbout1997-12-22 98-65 ORDERCOUNCIL ACTION
Item No. 98-65
Date December 22, 1997
Item/Subject: Accepting Release Deed to Tax -Acquired Property
Located at 37 Walter Street (Map 25 Lot 156) from Kenneth
Tsoulas, Trustee of the Irrevocable Crummey Trust
Responsible Department: Legal
Commentary:
The property, a vacant lot, located at 39 Walter Street has matured
real estate tx liens. As part of our overall agreement with the
Irrevocable Crummey Trust, this order would authorize the City
Manager to accept a deed releasing any claims of the Trust to the
property, in favor of the City of Bangor. A release deed from the
Trust would make the property more marketable in the event the City
wishes to transfer title to the property at a future date.
Associated Information:
Budget Approval:
Department Head V
I� y
Finance �ctor
1' ��
City Solicitor
Introduced For GBTd9EIYYACi@NBA'
Passage
First Reading
Referral Page 1 of 2
Aerip M ro Comdkw saldacci December 22, 1991
CITY OF BANGOR
A pting Release need to Tax Acquared Property
(TITLE) YDPC.............. .1.1.1.1. _.._. ..1..11.1. 1111.
Located at 31 Walter Street (Map 25 Lot 156) from Kenneth Tsoulas,
Trustee of the Irrevocable Crummey Trust
_11_1_1._ .. .......... 1111.... 1
BI/Na Lwh Conrail o/tM tip' KBanpor:
08DEMI)o
TUT the City. Manager is hereby authorised and
directed, on behalf of the City of Bangor, to accept a release deed
to tax -acquired property located at 31 Walter Street (Map 25 Lot
156) from Kenneth Tsoulas, Trustee of the Irrevocable Crummey
Trust. Said release deed shall be in a form approved by the City
Solicitor.
IN CITY COUNCIL
December 22, 1997
Passed
ITY LERK
98-65
ORDER
Title, Accepting Release Deed to Tax -
Acquired Property Located at 37 Walter
Street (Mag 25 Lot .156) from Keppp"..
T'so�16'slitaa[ee'o [Le Irrevocable
crummy Trust
...........
Aui®ud to
co,u.cilman