HomeMy WebLinkAbout1992-06-08 92-321 ORDERWte yVVJuneL 3, 1992 Item No.
Accepting Donation of Burgundy Realty Trust
Item/Subject:
Responsible Department: Community a Economic Development
Commentary:
Burgundy Realty Trust has offered to donate $100,000 to the
City of Bangor, less the cost incurred by Burgundy Realty Trust
to demolish the former MCRR switching tower, for the City to use
in improving its property in the Front Street Waterfront area.
The City Council will have full discretion on how the funds are
spent.
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Manager's Comments:
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Budget Approval:
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Legal Approval: P _/
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Introduced For
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Assigned to CouncRon Blanchette Jane 8,1992 92 321
CITY OF BANGOR
(TITLE.) (Orta Accepting Donation of Burgundy Realty Tr11 u 11 at
By COO CwhaH ofdw Chy of Bangor:
THAT WHEREAS, Burgundy Realty Trust has offered to
donate the am of One Hundred Thousand Dollars ($100,000) to the
City of Bangor to further the development of the Bangor
Waterfront, less any cost incurred by Burgundy Realty Trust for
demolition of the former MCER switching tower;
HOW, THEREFORE, BE IT ORDERED, THAT the City
Council of the City of Bangor hereby authorizes the City Manager
to accept said donation of One Hundred Thousand Dollars
($100,000) to be donated by Burgundy Realty Trust, less any cost
incurred by Burgundy .Realty Trust for demolition of the former
MCRR switching tower, and further directs that the donated funds
be expended to further the development of the Bangor Waterfront.
92-321
ORDER
IN CITY COUNCIL
Susie 6, 1992 Title,
itle,
MceP�ivg Donaelon of Burgundy
CITY CLERK - Realty Trust
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Councilmen