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HomeMy WebLinkAbout2018-10-22 18-396 Order 10/22/201818-396 10/22/2018 18-396 Finance Order 046-070-A Title, Order Authorizing Sale of 419 Essex Street by Municipal Quitclaim Deed to George Miller, in the Amount of $13,135 In November 2017, the City acquired 419 Essex Street based on matured tax liens. At the time of the acquisition the City was owed in excess of $86,000. Once acquired, it was determined that the property was suitable to be offered for sale as-is. In August, the City issued a Request for Proposals to acquire the property. The bid for this property was advertised through the City's vendor registration process, the Bangor Daily News, and Facebook. The City received five bids ranging from $5,000 to $13,135. Mr. Miller intends to perform the needed rehabilitation work and either rent or sell it to a low to moderate income family. Finance Committee 10/15/2018 Recommend for passage 50 New Business 10/22/201818-396 CITY OF BANGOR ORDER 10/22/2018 18-396 Perry Authorizing Sale of 419 Essex Street by Municipal Quitclaim Deed to George Miller, in the Amount of $13,135 Be it Ordered by the City Council of the City of Bangor that, the City Manager is hereby authorized, on behalf of the City of Bangor, to execute an Agreement, and all other necessary documents, for the sale of the real estate located at 419 Essex Street to George Miller in the amount of $13,135. Said documents shall be in a final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL OCTOBER 22, 2018 CO 18-396 MOTION MADE AND SECONDED FOR PASSAGE PASSED 4.6,200 CITY CLERIe