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HomeMy WebLinkAbout2017-12-11 18-036 ORDERTitle, Order CITY COUNCIL ACTION 12/11/2017 18-036 Council Meeting Date: 12/11/2017 Item No: 18-036 Responsible Dept: Legal Requested Action: Order Map/Lot: 047-010 Authorizing Execution of Municipal Quitclaim Deed - Real Estate Located at 331 French Street Summary This Order will authorize a municipal quitclaim deed to Community Real Estate Solutions, Inc. for 331 French Street. 331 French Street has outstanding real estate taxes, matured storm -water liens, and code enforcement issues. Community Real Estate Solutions, Inc. has acquired the property from the previous owner, Bank of New York, Mellon. At this time, Community Real Estate Solutions Inc. would like to pay all outstanding charges due the City and rehabilitate the property. Code Enforcement Office has me with the new owners and has agreed on a time line for rehabilitation. This item was reviewed and recomended for approval at the Finance Committee meeting on December 4, 2018. Committee Action Committee: Finance Action: Recommend for passage Staff Comments & Approvals City Manager Introduced for: Consent Meeting Date: For: 5 Against: 0 City Solicitor Finance Director CITY OF BANGOR ORDER Date: 12/11/2017 Item No: 18-036 Assigned to Councilor: Weston 12/11/2017 18-036 Authorizing Execution of Municipal Quitclaim Deed - Real Estate Located at 331 French Street Be it Ordered by the City Council of the City of Bangor that, Deborah A. Cyr, Finance Director, is hereby authorized and directed, on behalf of the City of Bangor, to execute a Municipal Quitclaim Deed to Community Real Estate Solutions, Inc. releasing any interest the City may have by virtue of undischarged stormwater liens recorded in the Penobscot County Registry of Deeds in Book 13892, Page 127, Book 14039, Page 142, Book 14267, Page 52, Book 14440, Page 245 and Book 14657, Page 208. Said deed shall be in final form approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL DECEMBER 11, 2017 CO 18-036 PASSED 4:„ CITY CLERK