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HomeMy WebLinkAbout1988-12-12 89-30 ORDER.. Date WY'•`'^"'V•, Item No. e9 -3o
Item/Subject: Option Agreement with Sheldon Hartstone for Redevelolme¢t of Blake
Place
Responsible Department! Comity Development
Commentary:
The Option Agveeme¢t prrrvides for the acquisition and redepelolment of an
32,893 square foot City -vaned parcel on Market Street and Blake Place. No.
Hartstone proposes to construct a twelve (12) volt apartment building at an
,approximate cost of $325,000. fee proposal will require discontinuance of Blake
Place govedilability of City sewer, reaching Of the parcel front Residential 4 to
Residential 5 under a cantract cove change to Provide for the denalolsent of a
single 12 unit building (Residential 4 zone would allow three separate buildings
ontaining 4 apartme¢ts each) and .the right to deposit fill on the site
(subject to Planning Board approval) during the Option period which Mr. Aartatone
would either goods or remove if he did not proceed with the development under the
terms of the Option Agreement. Approval of the Option Agreement is rectereaded.
P m, nr Wed
Manager's Comments:
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Associated Information:
Budget Approval: -
F1'ne
Legal Approval:
'ry Selieimr
Introduced For _
©Passage
L]Fint passing Page 1 0l 1
❑ Barterer
89-30
Introduced by Councilor Stone, December 12, 1988
CITY OF BANGOR
(TITLE.) (®rDer Authorizing Execution, of Option Agreement
With Sheldon Hartstone for the Acquisition
and Redevelopment of City owned Property on
-------- .. .. _ ..._...__MatkeL.Streetandi-Blake.-place............. __....
am IAO IXtg CeaMH efas CUM of Rueter.
ORDRRRD, ..
THAT the City Manager is hereby authorized and directed, '
on behalf of the City of Bangor, to execute an Option Agreement, a
copy of which is on file in the. Office of the City Clerk, with
Sheldon Hartatone for the Acquisition and Redevelopment of Lots
1 through 11 on a plan entitled Plan of Lots 1 through 11 Market
Street and Blake Place." dated June 81 1981, said Plan being on
file in the City Engineer's Office.
/Inn.CiCiitttyytab
'Council December 12,1988
A;�
City Clad
IN CITY COUNCIL
Narch 15, 1989
Indefinitely Postponed
fc
CIT Y KILLw&
Authorizing Execution Of Option Agreement with
Sheldon Narscone for the Acquisition and Redevelopment
of City owned property on Market Street and Blake Place