HomeMy WebLinkAbout1998-02-23 98-128 ORDERCOUNCIL ACTIM
➢ate: FQJA:MA�90.
Item No. SB_12fl—
Item/Subject: Authorizing Acquisition of Property Pursuant to Community Development
Program -Penobscot Riverfrouf Redevelopment Plan
Responsible Department: Community s Economic Development
CoamBUtary:
This Order would authorize an offer to purchase the property at 09 Railroad Street,
with the offering price to be approved by the Community and economic Development
Committee, and for the acquisition of the property upon acceptance of the offering
price by the owner(s).
Dep anent Hea
Manager In Co®ante: C',t,a X,, rd.,Ajo 1 ov,'d I
axy
City manager
Associated Iafozmacion:6,4&\
Budget Approval:
Finance Director
Lagal Approval:
City Solicitor
Introlaaed For VPassage O First Reading ❑ Referral
page 1 of 1
Aeeigned to Councilor Rohmcn February 23, 1998
CITY OF BANGOR
(TITLE.) Mdrera Authorizing Acquisition of Property Pursuant to CommunityDevelopment
Program - Penobscot Riverfront Redevelopment Plan
BY bliss CTry ca of Bio city Of Boston:
ORDERED,
TEAT Pursuant to the Community Development Program - Penobscot Riverffont
Rdevelopmmrc Plan approved and adopted by passage of City Council @der 47-84:
1. 11se City Council Community moil Economic Development Committee is
authorized m approve an offering price to the ownet(s) for the purchase of
the property at 77 Railroad Street (Assessor's Map 43, Lot 40A) with the
determination of me offering price to be based an appraisals of fair market
value of the property; and
2. Upon acceptance of the offering price by the onner(s), me Director of
Community and Economic Development is authorized to acquire rhe
property at 99 Ballroom Street on behalf of the City of Bangor using
Community Development Block grant funds and / or other fedenl, some
or local funds as my be approved by the city Council.
IN CITY COUNCIL 98-128
February 23, 1998 O R D E R
Passed
Title, Authorizing Acquisition of
Property Pursuant to Community
TY C ERK v elopmeut Program - Penobscot
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