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HomeMy WebLinkAbout1996-06-10 96-249 ORDERCOUNCIL ACTION Item No. 96-269 Date June 10, 1996 Item/Subject: Authorizing Execution of Municipal Quitclaim Deed -- Real Estate Located at 9 Yankee Avenue (Land) Responsible Department: Legal The City acquired title to 9 Yankee Avenue by virtue of a matured tax lien. This property, together with two other parcels, were the subject of a foreclosure action brought by Bangor Savings Bank. Bangor Savings Bank has paid all outstanding taxes on this account, and the administrative quitclaim fee. All outstanding assessments sments n the -other two parcels were to be paid at the Bank's sale last week. The Finance Committee recommended approval of this at its June 3rd meeting. Associated Information: order, Deed Deearcment Meaa City Manager V Finance Director MAT Introduced For CONSENT AGENDA Passage First Reading Referral Page 1 0£ 3 96-249 AMgnM W Councilor Baldacci June 10, 1996 CITY OF BANGOR Authorizing Execution of municipal Quitclaim Deed (HU.) �rDtr. ......... -- Real Estate Located at 9 Yankee Avenue (Land) By dw City Cwn&U of W City ofMeger. ORDERED, THAT Ronald I. Heller, Finance Director, is hereby authorized, on behalf of the City of Bangor, to execute a municipal Quitclaim Deed releasing any interest the City may have in the real estate (land) located at 9Yankee Avenue in said Bangor by virtue of an undischarged municipal real estate tax lien recorded in the Penobscot Registry of Deeds. Said deed shall be directed to Bangor Savings Bank, successor in interest to All Seasons Land, Inc. IN CITY COUNCIL June 10, 1996 96-249 Passed 0 R D £ R CITY CLEM Title, Authorizing enecutIon of Municipal Quitclaim Deed - Real Estate Located at 9 Yankee Avenue .rydud)................................ ...................................... "14 to �L'oun ilman 96-249 MINICIPAL OMITCLAIM DEED The CITY OF BANGOR, a municipal corporation located i Bangor, Penobscot County, Maine, as Grantor, for consideration paid, releases to BANGOR SAVINGS BANK, successor in interest to All Seasons Land, Inc., of Bangor, Penobscot County, Maine, as Grantee, all right, title and interest of the Grantor in and to the land located in Bangor, Penobscot County, Maine, more particularly described as follows: Real estate located at 9 Yankee Avenue (land) in said Bangor, and further described in Volume 4360, Page 329; volume 4781, Page 327; and Volume 4958, Page 8, Penobscot Registry of Deeds. Designated as City Real Estate Account Number 59231, Assessor's Map R14, Lot 201. Being the same premises acquired by said City of Bangor for unpaid taxes assessed for tax year 1994 by virtue of an undischarged tax lien corded in the Penobscot Registry of Deeds in volume 5660, Page 274. 1 The purpose of this deed is to release any interest the City may have in the above described property by virtue of unpaid taxes assessed for the tax year 1994. All public easements or other public interests in the described premises for roads, sewers, or other purposes are expressly reserved. The said CITY OF BANGOR has caused this instrument to be sealed with its corporate seal, and signed in its corporate name by RONALD I. HELLER, Finance Director, thereunto duly authorized, this day of June, 1996. Signed, Sealed and Delivered In the Presence of CITY OF BANGOR By Witness Ronald I. Heller Finance Director STATE OF MAINE PENOBSCOT, as. June , 1996 Then personally appeared the above-named RONALD 1. HELLER, Finance Director, and acknowledged the foregoing instrument to be his free act and deed in his said capacity, and the free act and deed of said body corporate. Before me, Notary Public/Attorney-at-Law Printed Name: