HomeMy WebLinkAbout1989-06-12 89-272 ORDERIntr ced For
22ssam
El First Reading Pape—of
❑Referral
V
Date
6.12'89 Itemby.�Z
r,<l,y
Item/Subject: Authorizing Execution
of Agreement to Purchase of
Property on Downing Road --
Property of Daniel S Harvey Sprague
Responsible Department: Legal
Commentary:
The staff has reached terms
in accordance with previous Council
guidelines to acquire the Spragueproperty, so-called, consisting
of 5 lots in their proposed
subdivision on Downing Sued. The
total purchase price is $125,000.
The .purpose of this Order is
to ratify the City Manager's
prior action to execute a Purchase
S Sale Agreement for the acquisition of this property, and to
authorize completion of the
remaining details of the transfer.
It is expected that all ora
portion of the City's coats for
purchase of this property will
ultimately be reimbursed under
regulations administered by
the FAA.
�
Defurt.. eltHead
Manager's Comments:
City Au"'c r
F.00ciaLed Information:
_
Budget Approval:
l'inv re Di,
Legal Approval: -
. -
Miry salicamp
Intr ced For
22ssam
El First Reading Pape—of
❑Referral
Asdp,ed to Counegor TTT.*mt' 89-272
rd CITY OF BANGOR
(TITLE.) Vprberp Autho mg Execution of Agreement to Purchase of
Property on Downing Road - Property of Daniel 6 Harvey Sprague
................ ............. ............... ...- ....I .....
By au CHv CoumH Of ae My NBanw.:
ORDERED,
THAT the City Manager's action to execute a Purchase 6 Sale
Agreement for a certain parcel of land described therein, located
on the Downing Road, consisting of 10t acres, is hereby ratified
and confirmed; and be it further
ORDERED,
THAT the City Solicitor is hereby authorized and directed
to take all necessary action for purposes of completing the
acquisition of said property.
89-272
ORDER
Title,
Autl rizinq ExG,vticn o£ Agseeomt to Putcbsae
......................................'.
o Pzcpezty on Doming Road Property a
......................................
Daniel 6 Harvey Sp gue
In city C it ,iunel2c.1989
PASSED UNDER 3JSP IUI O TRE Aoigned to
RULES
......................................
-. Councilman
Ci Clerks