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HomeMy WebLinkAbout1997-09-22 97-396 ORDERCOUNCIL ACTION Date: September 22 1997 Item No. 97-396 Item/Subject; Authorizing Execution of Consent to Assign Lease - Hope House Reepoaa6 le Department: Community& Economic Development Coowentary: Council Order 9745 authorized the City manager to execute a lease with Hope House, Inc. for City owned land djacent m their existing facility for the purposes ofconshucling a new(addimmad) facility. This additional facilitywill is constructed with funds from HUD, ndmirds[ered through the Department of Community & Economic Development, d with funds from the Maine State Housing Authority, (MSHA). In order for these specific funds from MSHA to ue made available to the Hope House project, the developer of the project must be a certified Community Housing Development Organizalion(CHODO). The only CHODO in Bangor is Peaquis C.A.P., Inc. Therefore, Hope House zest assign the lease to Penquis C.A.P., Inc. during the construction period. When the construction is complete, Parties C.A.P. will reassign the lease back to Hope House. This order would authorize the City Mmmger to consent this lease assignment and reassigmnent procedure. /g ce Cment y ad Hmager's co®ents: The Community and Economic Development Committee considered this item at its meeting on September 17 d voted to recommend approval.. s camiityy Maruger Associated Information Gf�d' Budget Approval: Finance Director Legal Approval: Soliciit `�� Introduced For J11Fassage O First Reading ❑ Referral Baga�oe 1 aeaigsedbr CouncUor Tyler September 22, 1997 CITY OF BANGOR (TITLE.) (Drb¢r, Authoring Execution ofConamt to Assign Lease Hope House By elm alp CwrteB Of the city of Bat -' ORDERED, THAT WHEREAS, the City by passage of Council On er W-85 on lanuaty 13,1997 authorized the grouting ofa Lease from the City ofHangor to Hope House of approximately 0.9 acres of additional property adjacent to its facility off Texas Avenue to provide adequate land to expand its present facility to develop a Supervised Living Project containing 10 SRO (single room occupancy) housing units for the homeless; and - WHEREAS, said Lease provides mat it may be assigned with the consent of the City: and WHEREAS, for the purpose ofobtaining f cing from the Maine State Housing Authority (MSHA) the Lease must be temporariiy assigned to Penquis CAP during the period of construction; - - — NOW, ]HEREFORE, BE U ORDERED THAT the City Manager is hereby. authorized M execute a consent W assigmnem of Lease in a form substantially the same as the assignment attached hereto atM in afinal form approved by the office of the City Solicitor. IN CITY COUNCIL September 22, 1997 Peened 92-396 O R D E P Title, Authorizing Execution of Consent to Assign Leese - Rope House ...................................... yyA.Iy�ei�/gnedb ...........IA.• :...................... ' Councilmen