Loading...
HomeMy WebLinkAbout1997-04-28 97-201A ORDERCOUNCIL ACTION Date: Peril 2B 1997 97-201A Itens No. 97-2018 Item/Subject: Contract for purchase and Sale of Real Estate - John D. Lin ehan - Banlir industrial park Responsible Department: Community and Economic Development Commentary: See attached Memorandum and txro Council Orders. D ar[man Head Manager's sLBa Com'ments:—jj/4 ldc�+^-A'5du1.'r74m•"ro-n.'Aw:•Z`..ndi(�]V':hN�.puv�lI. pti°ku,gWu`pA„J.Aw�' " ye".b 77vec1M AAS -susluyH aAAo-idDwued-N ael"&-DLtCity lManager M�da lro� � Associated Information: QAAILO. Budget Approval: Finance Director Legal Approval: AC .+Wtl i 97-201A Assigned to COMCdor Aube April 28, 1997 CITY OF BANGOR A911-rrsmg Eateninf Co fncf for Porch odSaleafRealEshh- mne.� f®rDer...___. o_ _. John D. Linehan, Jr. - BauAir Industrial Perk By me City Cosema of 46; C4ofBetter: ORDERED, TUT WHEREAS, the City entered into a Contract for Purchase and Sete of Real Estate with John D. Litnehan, Jr. dated July 9,19%providing for the purchase aed development of Lots 4 and 5 in Ba Ar Industrial Park; and WHEREAS, John D. Linehan, Jr. has requested an extension to the November 6, 1996 date by which the closing were to take place provided for in said Contract; and WHEREAS, Ne Contract provides that the closing date could be automatically extended for a reasonable meant of time In the event the buyer were delayed in obtaining the necessary approvals to develop the property; and WHEREAS, the buyer wntends thaz he has been delayed in obtaining the necessary approvals because he has appealed a decision of the Zoning Board of Appeals to Superior Court and therefore the closing date provided for in the Contester should be extended; NOW THEREFORE BE IT ORDERED BY THE CITY COUNCH, OF THE CITY OF BANGOR, THAT the City Manger is hereby authorized, on behalf of the City ofBannoq to execute an extension, in a form approved by the City Solicitor, to the Contract for Purchase and Sale of Real Esssttre with John D. Lirmeban, Jr. dated July 9, 19%; and BE IT FARTHER ORDERED THAT the closing date provided for in said Contract he extended to a date not later than sixty (60) days of a rendering of ajudgemerrc of the Superior Court, or December 31, 1997, whichever falls sooner. IN CITY COUNCIL April 28, 1997 Tom Russell, representing John R. Linnehan, Jr.. gave details of this Contract Extension Passed F clagx . 9)-201A: ORDER Title, Authorizing extension to Contract for Purchase and Sale of Real Estate - Jahn D. Linehan, Jr. - hand1r IMuatrial tLA.................... .................................. 2G - "Vain ....I ... :.......... Councflrtan