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HomeMy WebLinkAbout1996-08-12 96-346 ORDERCOUNCIL ACTION Item No. 96346 Date August 12 1996 Item/Subject: Directing City Manager to Execute Purchase and Sale Agreement with M/A COM, Inc. for Purchase of Building at 448 Griffin Road Responsible Department: Legal The attached Council Order would authorize, and direct the City Manager to sign a purchase and sale agreement for the M/A-COM building at 448 Griffin Road. A copy of the agreement is attached to the Order. Following execution of the agreement by both parties, the Order would further authorize the City Manager and City Solicitor to close the purchase. DepaO Hea Manager's Comments: F� ro`T^'^' City Manag Associated In{o at'on: Purchase and Sale A�gr�ee'n"t .9¢FJIai4l s.l 'IAAnAN�ae�SQ cD d+-..,.y��.. Finan Legal Approval: Clty Sol cito-��r� Passage First Reading Referral Page of 96-346 Atsgned to Co ndw Baldacci August 12, 1996 r CITY OF BANGOR (TITLE.) Mrbtr, Directing City Manager to Execute Purchase and Sale Agreement with M/A-COM, Inc. for Purchase of Building at_448. Griffin _RoaQ __ .............. .... By es City GM&OU offs CMV ofBaayer ORDEREDt TWT the City Manager is hereby authorized and directed to execute a purchase and sale agreement with M/A COM, Inc. for the purchase of property at 448 Griffin Road. A copy of said agreement is attached to this Order and is incorporated herein by reference.. Following execution of the attached purchase and sale agreement by bothparties, the City Manager and City Solicitor are authorized to take all steps necessary, including payment of the Purchase price, and to executeallnecessary, to close . the,sale and transfer of the property to the City of Bangor, i accordance with the terms and conditions set out in the purchase and sale agreement. IN CITY COUNCIL 96-346 August 1T 1996{ Rapsed,Aa Amended O ROE R Amended 'by �Substitate Copy of trant Purchase and Sale Agreement Contract 'Title. Directing City manager to Execute -COM, Inc.and Sale Agreement with iQ'COM. Ifor Purchase 4'4... -- CI CLERK � euildiag at 448 Griffin Road ........�. // � G. ` Asagmed to � 'n. lma Ci ow