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Home My WebLink About1998-11-23 99-15 ORDERCOUNCIL ACTION Item No. 9999=15 Date November 23 1998 Item/Subject: Authorizing Execution of Municipal Quitclaim Deed -- Real Estate Located at 293-277 Hammond Street Responsible Department: Legal The property located at 273-277 Hammond Street has a matured 1996 and a non -matured 1999 tax lien recorded against it. Machias Savings Rank, which holds a mortgage against the property, was not notified of the City's tax lien. The bank has agreed to loan the property owner money to pay all outstanding taxes and sewer fees so that the property can be sold. The property is currently placarded and has many code issues. This Order would authorize the City to release its interest back to Albion Smith, the property's former owner, provided such payment is received by December 15th. Normally, the City would not allow a late redemption of this Property without requiring correction of existing code violations. However, due to the lack of notice to Machias Savings Bank, the Bank has a separate statutory redemption right under 36 MRSA S 943. In effect, the attached Order would allow Albion Smith to redeem title to the property, not in his own right, but as assignee of Machias Savings Bank. The Finance Committee recommended approval at its November 16, 1998 meeting. VU �i. Department Heaa Associated Information: Order, Deed Finance Director ✓ City Solicitor i Introduced For CONSENT AGENDA x Passage First Reading Referral Page 1 of 3 99-15 Amipmdto Comaor Blanchette November 23, 1998 CITY OF BANGOR �p Authorizing Execution of Municipal Quitclaim Deed QITIE.) (Dri12Tp............... _ _. _. ....._.... - 1. ......... -- Real Estate Located at 273-277 Hammond Street Rvw car Camw of 61w OUV ofBn . ORDERED, TEAT Ronald I. Heller, Finance Director, is hereby authorized, on behalf of the City of Bangor, to execute a Municipal Quitclaim Deed releasing any interest the City may have in real estate located at 273-277 Hammond Street in said Bangor by virtue of an undischarged municipal real estate tax lien filed for tax year 1996 and recorded in Book 6140, Page 298 in the Penobscot Registry of Deeds; provided, however, that payment of said lien shall be received by the City of Bangor on or before December 15, 1998. Said deed shall be directed to Albion K. Smith. In city Council Novmbar 23. 1998 Passed C1 99-15 ORDER Title, Authorizing Execution of MunlciPal Quitclaim Deed - Real Estate Located at 2I7 Hammond Street ...................................... �C. WAP Assigned to ......p6k ... ........ Councilman 99-15 MUNICIPAL OOITCLAIM DEED The CITY OF BANGOR, a municipal Corporation located in Bangor, Penobscot County, Maine, as Grantor, for consideration paid, releases to ALBION K. SMITH of Levant, Penbscot County, Maine, as Grantee, the property located in Bangor, Penobscot County, Maine, more particularly bounded and described as follows: Real estate located at 273-277 Hammond Street in said Bangor, and described in deeds recorded in Volume 3440, Page 133 and Volume 5628, Page 139, Penobscot Registry of Deeds. This property is further designated as Assessor's Map 33, Lot 44, real estate account number 71291. Any and all other rights, easements, privileges and appurtenances belonging to the granted estate are hereby conveyed. The purpose of this deed is to release to the Grantee any interest the Grantor may have in the above-described property by virtue of an undischarged real estate tax lien assessed against Albion K. Smith and recorded in Book 6140, Page 298, Penobscot Registry of Deeds. All public easements or other public interests in the described premises for roads, sewers, or other purposes are expressly reserved. The said CITY OF BANGOR has caused this instrument to be sealed with its corporate seal, and signed in its corporate name by RONALD I. HELLER, Finance Director, thereunto duly authorized, this day of November, 1998. Signed, Sealed and Delivered in the Presence of: CITY OF BANGOR By Ronald I. Heller Finance Director STATE OF MAINE PENOBSCOT, as. November 1998 Then personally appeared the above-named RONALD I. HELLER, Finance Director, and acknowledged the foregoing instrument to be his free act and deed in his said capacity, and the free act and deed of said body corporate. Before me, Notary Public/Attorney-at-Law Printed Name: