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HomeMy WebLinkAbout1998-04-27 98-197 ORDERCOUNCIL ACTION Item No. 98-197 Date April 27, 1998 Item/Subject: Authorizing Purchase of One -Third Interest in the So -Called Shannon Lot in the City of Bangor -- Tax Map R67, Lot 6 Responsible Department: Legal The so-called Shannon lot is bordered on three sides by the City Forest. The lot consists of 62 acres. By Council Order #98-167, the City Council approved the purchase of a two-thirds interest in the property. This Order authorizes the purchase Of the remaining one-third interest. The property is currently assessed at $1,900. The purchase price is the assessed value of the one-third interest. The Finance Committee recommended the purchase at its February 21st meeting. 1NIS DepartmenC HeadA Manager's .pColim,lent_sI: 11 j k `R"'°a°4 Nn rnl tM1.p ], 4 10p 00 UU __aaoo City Manager Associated Inf0rmatlon:GA.A�\ City Solicitor YU Introduced for NB BUSINESS Passage First Reading Referral. Page 1 of 2 .//.� N9 Finance Director Legal Approval: City Solicitor YU Introduced for NB BUSINESS Passage First Reading Referral. Page 1 of 2 Aui�ed to Cwncilrc Aohm n April 11, 1998 CITY OF BANGOR (TITLE.) Mrbrrf..Authorizing purchase of one Th rd Interest in the .'_. -. ......._ ........ ._.. So-called Shannon Lot in City of Bangor (Tax Map R67, Lot 6) By Ciro CwxW of Cia ofBav .- OEDEEED, THAT the City Manager is hereby authorized on behalf of the City of Bangor to purchase a one-third interest in the So- called Shannon Lot (Tax Map R67, Lot 6) from Ralph J. Shannon and Christina M. Hasenfus for a purchase price not to exceed $7,900. IN CITY COUNCIL 9E-197 April 27, 1998. O R D E R Passed / Title, Authorizing Purchase of One-Third Interest in the So-called Shannon Lot in ITY LERR the City of Bangor ( Tax Map R6I, Lot 6) ..................................... ........ ... ......... (}, CounciLwn