HomeMy WebLinkAbout1991-03-13 91-115 RESOLVEI
V
Data 2-25,91
Item No. 91-115
Item/Subject: Statement of Just Compensation
for Lower Broad Street
Property -- Penobscot River Waterfront
Redevelopment Plan
Responsible Department: Legal
Commentary:
This "Statement Of Just Compensation"
is required under
30-A M.R.S.A. 5 5204(2)(A) as part of
the City's acquisition
-of Maine Central Railroad and others'
ppoperty on Lower Broad
Street. This Statement is to be filed
with the Penobscot
County Superior Court together with the Council's Resolution
of Condemnation & Resolution approving
the acquisition.
Manager's Comments:.T., !1
W^ �-� UW
W {YY
Y' �t._tlsPR
Associated Information:
Budget Approval:[p$ G, X42,CDD
pow ae AVreemr
Legal Approval: _
City solieimr
Introduced For
ssaw page_ of
First Reading
0 Referral
91-115
Aaslgned Co Councilor Cohen, February 25, 1991
CITY OF BANGOR
(TITLE.) Q$pj}Iea. Sta[emenp..of J at Compensation f r Ce t o
Property Located on Lower Broad Street Adjacent to Renduskeag
Stream Bridge -- Penobscot River waterfront Redevelopment Plan
By He Cie CmyuV of No My of Deeper:
RESOLVED,
WHEREAS, pursuant to. 30-A H.R.S.A. S 5204 and the City of Bangor's
duly adopted Community Development Program, the City Council has
adopted and approved Council Resolve No. 91-52 for the Condemnation
of Certain Property Located on Lower Broad Street adjacent to
Renduskeag Stream Bridge; and _
WHEREAS, 30-A M.R.S.A. $ 5204 requires a statement of just
compensation to be filed with the Superior Court and served upon
interested parties,
NOW, THEREFORE, By the City Council of the City of Bangor:
RESOLVED, THAT just compensation for the interests acquired
pursuant to the above referred to Resolution of Condemnation fe
hereby determined to be Forty-two Thousand Dollars ($42,000.00) as
follows:
Maine Central Railroad Company
$33,000.00
(fee 6 leasehold Interests)
Charles H. Bartlett Trust
5,625.00
f/b/o Charles D. Bartlett
and Harry M. Bartlett
(leased fee, reversionary and
income rights under James S.
Rowe lease to European 6 North
American Railroad Co., Vol. 524,
Page 259, Penobscot Registry of
Deeds -- 5/8ths share)
Heirs of James W. Bartlett, unknown
3,375.00
Heirs of Francis Gilbert Atwood, unknown
Other Claimants, unknown
(3/8ths share of leased fee,
reversionary and income rights
ner Rowe Lease)
Total for All Interests
$42,000.00
IN CITY COUNCIL
February25. 1991
Consider next meeting
CITY C1
IN CITY COUNCIL
March 13, 1991
Pas ed
CITYTY P n
LERR
9l-115
EES0LVE
Statement of Iuat Compensation for Certain
Ptoperry Located on Lower Broad tree[ adjacent to
Renduekeag' Stream Bridge - Penobscot River
Waterfront Redevelopment Plan
typ o (%%%aln)t/,, r
IAV—' `
in