HomeMy WebLinkAbout1988-05-23 88-250 ORDERDate SYf; 88Y11 Item No. Ag150 Item/Subject: Authorizing Execution of Preapplication Agreement with the Farmers Home Administration - Responsible Department: Economic Development Commentary: An opportunity has arisen to obtain a $100,000 grant for public improvements in the proposed Maine Avenue Development Park at the airport through the Farmers Home Administration, from available 'year-end funds. Preliminary estimates for water/sewers/road im- provements on the basic feeder streets of Illinois Avenue and Buchanan Street total $2]],500, including a relocated water line onto Hammond Street. With a Bangor Water District contribution of $50,000 toward the Hammond Street water line project, the net city costs with the federal grant would be reduced to $127,500. These are preliminary figures. Some improvements could begin later this year, with other improvements continued through 1989 and 1990. Remaining city funds would be sourced from the Sewer Fund and Bonding or Reserve. Submission of the application i not a final commitment, but must be done within the next two to three weeks to slot the $100,000 grant for Bangor. Def, kmd 4 Manager's Commen4' . tynay.a�y�'�lot •. .i �j1V fo/w e'�", �m� s pdti Xw"ruxt aimwa.:voi}i we w�-QP k, A;e � �1�w. �aD�GC Gry mareger Associated Information: p„JN Budget Approval: 3�,.Jim, R+�.y.e..}fi� oaAo..a.! £ieance Dveoiar Legal Approval: Car sorcsirar Introduced For Passage ❑First Reading Page of ❑ Referral 88-250 Introduced by Councilor Tilley, May 23, 1988 CITY OF BANGOR (TITLE.) (orbff, Author z g Execution of Preapplzcation Agreement .i.t h the Farmers Home Administration for Public Improvements o Land Located Adjacent to Maine Avenue at Bangor International Airport ............ .. ....._,._ ........ ....... ........... By Bm City Counall Of City efBaxyor: ORDERED, THAT the City Manager is hereby authorized and directed, n behalf of the City of Bangor, to take all necessary action for purposes of filing with .the Farmers Home Administration a Pre - application for Federal assistance to provide for a Federal Grant for the funding of certain public improvements described therein n land located adjacent to Maine Avenue at Bangor International Airport. A true copy of said application shall be filed with the City Clerk upon submission to the Farmers Home Administration. be it further ORDERED, THAT the City Manager is hereby authorized to take such additional action as may be necessary for purposes of obtaining said Grant for the City of Bangor. BB -250 IN CITY COUNCIL D RDE R _ ** May 23, 1988 ZO A),4U Passed Title, Clry 1t(lX+[`/ Autfiorizlvg Exec^t}on, of, Pxeepp}}f@F}°^ CIrYC(Egxrn S Agreement wit.. the Farmers Home Administration for Public Improvements on Land Located Adjacent to Maine Avenue Introduced and filed by At Bangor International Airport Councilman