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HomeMy WebLinkAbout1990-10-22 90-354 ORDERDate October 19, 1990 Item No. on_r,;A Authorizing Acceptance of Roman Catholic Bishop of Portland's Item/Subject: One-half Interest in Garland Street Lot as Partial Consideration for Exchange of Property off Hancock Street. Responsible Department: CcUTOunity & Economic Development Commentary: me City Council, by Passage of Council order 88-405 on September 26, 1908r authorized the exchange of land behind St. JOWS Church with the Roman Catholic Bishop of Portland. The Diocese would receive 24,805 square feet of land between the Church and the reposed development by Gridley Street Associates at an appraised value pf 1.00 per square foot.' The City and the Homan Catholic Bishop Of Portland each Own one-half interest in a property located or, Garland Street between Pearl and Fruit Street (See attached map, lot 190), the lot having been willed jointly to the City and Church. The lot is approximately 17,650 square ft. in size and is located in a Residential 1 Zoos and has a March 1989 appraised value of $12,000 as a single family house Sot. The Diocese has requested that the City consider exchanging their one-half interest in the Garland Street property (z of 14,650 square feet or 8,825 square feet) for an equal amount of land behind St. John'a Church and at an equal value. The Community and Economic Development Coseittee,considered the request at its meeting on October 16th and voted to recommend approval to the City Council. portals HmJ Maser's Commands: ciry.xn�egr. Associated Information: Q f Budges Approval: N. Pm mDirc loyal Approval; -W& '[0 Iftae 9Fa.ffi$2 [ bYy-a IMrM ,Q Ta'{�{ "CiGSdicitor A.. Introduced For I n Damage O First Reading Pegs 1 of 3 ❑ Referral 90-354 Amigned to Consular Blanchette, October 22, 1990 CITY OF BANGOR (TITLE.) (Onus Authorizing Acceptan a of Aomen.0 th lrc Bishop. of Ppykund'a" One-half Interest in Harland Street Lot as Partial Consideration for Ek hangs of Props ty ff Hancock Street By ke city Comma elks Oby of Basses: ORDERED, THAT WHEREAS, By Council Order No. 88-405 passed September 26, 1988, the City Council authorized the exchange of certain properties bounded by Hancock, York, Boyd and Newbury Streets with the Roman Catholic Bishop of Portland, provided the Bishop should pay to the City $1.00 per square foot for the net excess square foot area to be Conveyed to the Bishop; and WBERRAS, the Roman Catholic Bishop of Portland has proposed to substitute conveyance of a one-half interest in 17,650 square foot lot on Garland Street (City tax map 53, lot 190), for $8,825.00 of the consideration to be paid pursuant to Council Order No. 88-405; NON, THEREFORE, BY THE CITY COUNCIL OF THE CITY OF BANGOR HE IT ORDERED THAT, the City Manager of the City of Bangor is hereby authorized to complete the proposed exchange of Properties as specified in Council Order No. 88-405, and to accept conveyance of the Bishop's one-half interest in the above described Garland Street property in lieu of $8,825.00 of the consideration required under said Council Order. In City council October 22,1990 Passed Councilor Baldecci Abstained YC q y City Clark 90-354 ORDER Title, Authorizing Acceptance of Ronan Catholic ...................................... Bishop of Pok"apd's one-half Interest in Csslarcl STreet Lot as partial conedieration '}o:'szw6 mge'o}'g.We y'off Hassock street Am ip,ed to ..................................... Councilman P. v eo g (0 r laB H] $ AT 04 G� 10 610 82 a � 81 IQ o ]B I I 12 P of BB 6 G A R L A N D 9) S T Ro' E E T cr e I c. I=Inn I4AP Sa TnM 1[