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HomeMy WebLinkAbout1996-11-25 97-40 ORDERCOUNCIL ACTION Item No. 97-40 Date November 25. 1996 item/Subject: Extending Designation of CMI Inc. as Tentative Developer for Union Street/Maine Avenue Development Parcel Responsible Department: Community 6 Economic Development Commentary: Pursuant to Council Order #96-358,iinate gotiations have taken place for an Option Agreement between theity of Bangor and CMI Inc., the Tentative Developer. Under Cou1 Order #96-358, CMI Inc.'s Tentative Developer atatssa Sa to to on November 24, 1996. This Council Order will extend CMI I6c.'s Tentative Developer status until January 31, 1997. City Manager r Associated Information: i Budget Approval: _ Finance Director City Solicitor $trOLU�C ed For J1_ Passage First Reading Referral Page of D5P rtment Mead Manager's Comments[ City Manager r Associated Information: i Budget Approval: _ Finance Director City Solicitor $trOLU�C ed For J1_ Passage First Reading Referral Page of 97-60 Aeugned to Cooneeo. Tyler November 25, 1996 //pp CITY PF (TALE) ad1C1�EL Extending g Desig t n of CMI Inc. as Tentative Developer fox Delon Street/Maine'Avenue Development Parcel BY Me City CmnwU of Me CW ofBassee ORDERED, THAT WHEREAS, the City Council of the City of Bangor, by Council Order 96-358 adopted on August 26, 1996, designated CHI Inc. (Construction Management Inc.) as Tentative Developer of the Union Street/Maine Avenue Development Parcel as depicted on a plan entitled "Disposition Plan of Union Street/Maine Avenue Development Parcel (Plan No. L-279)" dated Augu21, 1996, for a period of ninety (90) days; and WHEREAS, negotiations for an Option reement between the City of Bangor and CMI Inc. have been ongoi and additional time is needed to conclude eai3 negotiation NOW, THEREFORE, by the City Council of the City of Bangor, be it ORDERED, THAT CMI Inc.'s designation as Tentative Developer of the Union Street/Maine Avenue Development Parcel (Plan No. L-279), dated August 21, 1996, said plan being on file in the City Engineer's Office, shall be extended until January 31, 1997, during which time the Community and Economic Development Committee and the Director of Community and Economic Development shall be authorized to negotiate an Option Agreement with CMI Inc. for future consideration by the City Council. IN. CITY COUNCIL 97-40 November 25, 1996 0 R D E R Passed Councilor Bnldaccl Title, EZCanding Designation of CMLInc. "stained Title, Tentative Developer far Union Street/- Maine..... Avenue Developmant Panel p Aedgned to ......./1.. .(. T(I Councilman