HomeMy WebLinkAbout1998-11-09 99-12 ORDERCOUNCIL ACTION
Date: November 9 1998
Item No. 99-12
It®/Subjecd Authorizing the Sale of City Housing on Randolph Drive and
Marvell Lane
Responsible Department: Community E Economic
Development
Co®entary: This Order would authorize the
Community and Economic
Development Cmore ittee to approve the individual
sales of former Federal
Surplus Housing on Randolph Drive and Maxwell Lane
to eligible home buyers
under the guidelines previously approved by the
City Council.
riment as
Manager.a Comments;r�]
i�T����yp
Chu
City Manager
Associated Information
Rudget Approval;
Finance Director
Legal Approval:
city So citor
Introduced For 11 Passage O First Reading ❑ Referral
Page-1--of I
99-12
Aeupred to Conncilm Noonan November 9, 1998
CITY OF BANGOR
QITLEJ @rDer,._numrizing the Sale, ofCity. Housing on Randolph Drive_. __..
and Merwell Lane
BY the CAty Coauit of the CRY dBaa .-
ORDERED,
THAT
WHEREAS, Title to 51 units of Federal Surplus Housing on Randolph Drive and Maxwell
Lane has hen transferred to the City of Bangor; and
WHEREAS, It is me intent of the Cityto sellme property for individual home ownership;
and
WHEREAS, Eligible. buyers of the 5 l units of single family housing on Randolph Drive and
Maxwell Lane will be persons or families who:
n Have had no ownership in a principal residence during the three year
period ending on the date of purchase of the property.
n Have only owned a principal residence with a former spousc while
married.
u Have only owned a principal residence not permanently affixed In
permanent foundation in accordance with applicable regulations.
u Are elderly or disabled persons who may have bad an ownership interest
in a principal residence within the past [duce years, but no longer owns
or occupies that property on the date ofpurehase.
u Agree to own and occupy the property purchased as their principal
residence fora period of two years from the date ofinternee;
NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF
BANGOR THAT the Community and Economic Development Committee of the City Council
may approve the sale of City property on Randolph Drive and Maxwell Lam at fair market
value as determined by the Committee; and
BE IT FURTHER ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT
the City Manager or Director of Community and Economic Development are hereby memorized,
on behalf of the City of Bangor, to execute, on behalf of the City of Bangor, such documents as
may be necessary to transfer title of Randolph Drive and Maxwell Drive properties to buyers
approved by the Committee, under such temrs and conditions as may he approved by the
Committee, and in a form approved by the City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
November 9, 1998 99-12
Motion for passage Made 6 Seconded
OR➢ER
Passed
Title, Authorizing sale of City Causing
on Randolph Drive and Maxwell Lane
SYY LEM......................................
.....................................
Aafi�d to
Councilman