HomeMy WebLinkAbout1997-01-27 97-98 ORDERCOUNCIL ACTION
Item No. 97-98
Date January 27, 1997
Item/Subject: Authorizing Execution of Option Agreement with
CMI, Inc. -- Maine Avenue Development Parcel
Responsible Department: Community s Economic Development
Commentary:
By Council Order 96-358 passed on August 20, 1996, the City Council
granted Tentative Developer status for the Union Street/Maine
Avenue Development parcel to CMI, Inc. The Council order
instructed City staff to negotiate an Option Agreement with CMI,
Inc. for future consideration by the City Council.
City staff has negotiated an option agreement which will be
presented to the Council on Monday, January 29, 1997 before the
City Council meeting to provide the Council with the opportunity to
be briefed by City staff. John Rohman of WBRC Architects/Engineers
is scheduled to present plans for the project and answer any
questions of Councilors.
Dep rement eaa
Manager's Comments:
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Associated Information:
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Budget Approval:
Legal Approval:
Finance Director
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City BoliciYOx
y Passage
First Reading
Referral Page of
9]-98
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�d CITY OF BANGOR
(TITLE.) (Orber. Authorizing Execution of option Agreement with
........................... „_,,,,,_CM2 Inc. Maine Avenue Develoj mn Parcel
..___ ...... ...... ...........
By Sky Coamlt Of 0W of8anow.
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THAT the City Manager is hereby authorized, on behalf
of the City of Bangor, to execute an Option Agreement in a form
approved by the City Solicitor with CMI, Inc, for the purchase and
development of the Union Street/Maine Avenue Development Parcel
described on a plan entitled"Disposition Plan of Union Street/Maine
Avenue Development Parcel (Plan No. L-279)", said plan being on
file in the City Engineer's Office.
IN CITY COUNCIL
January 27, 1997
Tabled until the next regularly
scheduled meeting of the
Bangor City Council
8PA
IN CITY COUNCIL
February 10,1997
Passed
9]-98
O RUIR
Title, Authorizing Execution of Option
Agreement J9LheInc. - Maine Avenue
➢ev<loParcel
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.......................... ....
N�RG,
Arigned to
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Councilman