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HomeMy WebLinkAbout1993-03-10 93-186 ORDERCOUNCIL ACTION 93-186 Item No. Date March 10, 1993 Item/Subject: Authorizing Execution of Municipal Quitclaim Deed -- Real Estate Located at 113 Elm Street Responsible Department: Legal The purpose of this Order is to release any interest the City may have in the real estate described in the Order by virtue of undischarged municipal tax liens an cord in the Penobscot Registry of [reeds for the years 1989 through 1992. Mr. S Mrs. Downes are senior citizens, and are eligible for the State of Maine's Deferred Homestead Property Tax Program under 36 MRSA S 6250 at sec. Unfortunately, the State Me not funded that program in recent years, and is not accepting new applications until at least1994. In discussions with Mr. R Mrs. Downes last year, the Finance Department suggested that the City enter into a similar deferral arrangement, essentially picking up responsibility for the State's program. Under an arrangement approved by the Finance Committee, Mr. 6 Mrs. Downes agreed to execute a deferred mortgage under which back taxes and interest will become payable in full upon sale or other disposition of their property. That mortgage was executed by the Downes earlier this month, and will be recorded along with a quitclaim deed for the tax liens ',,i�nn quest n. Department Hea(1VU Manager's Comments: Finance Director City Soli�' citor mo Introduced For CONSENT AGENDA x Passage First Reading Referral Page I of 2 City Manager Associated Information: Order Finance Director City Soli�' citor mo Introduced For CONSENT AGENDA x Passage First Reading Referral Page I of 2 93-186 Anigoed to Comcdor Sh,bert, March 10, 1993 r CITY OF BANGOR Authorizing Execution of Municipal quitclaim Daada -- Real Berate Located at 113 Elm Street Be f/w Cite Cosact! effAe PryefBaxym: ORDERED, THAT John quartararoo Finance Director, is hereby authorized and directed, on behalf of the City of Bangor, to execute a Municipal quitclaim need, in a form approved by the City Solicitor, releasing any interest the City may have in the real estate located at 113 Elm Street in said Bangor by virtue of undischarged municipal tax liars assessed against said property for the tax years 1989, 1990, 1991 and 1992. IN CITY COUNCIL March 10, 1993 Passed �// T/mrli...�- i cxxY lei 93-186 ORDER Title, .. F.uehoF).:1aa Fasecw7aa uF. i4m+C1PNJ.. Quitclaim Deed - Real eatace Located at Stzeec,..................... to ......�.K.4 Edea••....._. ..... Councilman