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HomeMy WebLinkAbout1997-04-14 97-187 ORDERCOUNCIL ACTION Date: April 16. 1997 Item No. 97-187 Item/Subject: Authorizing Waiving of Condition of quitclaim Deed With Covenant - Jose W. Diaz Responsible Department Community and Economic Development Commentary: lose Diaz purchased Lot 1 in the BaNJr Industrial Park on July 27, 1995 with dead conditions that require construction of building improvements begin within one year from that date and be completed within two yews of that date. On November 5, 19% the Planning Bound approved a Land development Permit fi aWite development Plan in construct a 7,200 of it building. A building permit hat on bem issued and combustion of the building has not begun in violation of the condition that building construction begin by July 27, 1996. The Board of Directors of the Be k Corporation necommmuls that the provision of the deed that requires that combustion of building improvements within one you be waived, but Nat Ivlr. Diaz be notified Net the requirement that dl improvements be completed within two years (i.e. by July 27, 1997) will be embossed. Df, ar�y6ad 3nanagemr�l �e+*c��mence:-� �i�tln �-4 c*ibw,U�� City Manager _Associated Information:07A1ti _Budget Approval: Finance Director _Legal Approval: City SolicitozKU _Introduced For A Passage ❑ First Reading ❑ Referral Page-1--of� 97-187 Mapped to Concordia Tiller I April 14, 1997 : r CITY OF BANGOR (TITLE.) VVr]IBrz Authunzmg Waiving ofCondition of Quitclaim Deed 1................. With Covenant - Jose W. Diaz By tiz City Coated of tde (tits ofBanpa: ORDERED, TUT the City Manager is hereby authorized, on behalf of the City ofBam or, to to -waive the condition of me Quitclaim Deed with Covenant dated July 25, 1995 for the sale of Lot 1 in me llM Industrial Pack which slates that construction of building improvements must begin within one (1) year of the date of me Quitclaim Deed with Covenant, and execute say documents necessary to accomplish the same in a form approved by the City Solicitor, and to notify the grantee that all other conditions of the Quitclaim Deed with.Covenam will be enforced to include the provision that all improvements be completed within two (2) yews of the date of me Quitclaim Dead with Covenant. IN CITY COUNCIL - 97-187 April 14, 1997 Passed 0 RDE R Title, Authorizing Waiving of Condition of Quitclaim Deed with Covenant - Jose CI CLEM W. Diaz