HomeMy WebLinkAbout1987-09-14 87-345 ORDER87-345
Introduced by Councilor Sullivan, September 14, 1987
CITY OF BANGOR
(DRUJ (orbtr, ..... Extending Option Agreement w th Haymarket _.
Associates - Urban Renewal Parcel B-8
BY dw City Courted of City of Bangor:
ORDERED,
THAT WHEREAS, the City Council passed Council Order 87-99
authorizing the City Manager to execute an Option Agreement with
Haymarket Associates for the purchase and redevelopment Of Rendus-
keag Stream Urban Renewal Project Disposition Parcel B-8; and
WHEREAS, said Option Agreement is
in effect until
September 15, 1987 but contains a provision that the City Council
may extend said Agreement for a period not to exceed an additional
six (6) months;
NOW THEREFORE, BY THE CITY COUNCIL OF THE CITY OF BANGOR,
BE IT ORDERED THAT, the Interim City Manager is hereby authorized to
execute an amendment to the Option Agreement for Purchase of Urban
Renewal Parcel B-8 by and between the City of Bangor and Haymarket
Associates dated July 24, 1987 which provides for an extension of
said Agreement until March 15, 1988.
0 CITY COUNCIL
September 14, 1987
Passed ,rA
�CI�Y CLBRR
8J-345
ORDER
Title,
.4*,xeodin0.9etiyu.ARxeewent .with .Ua rket�
Aaeaclatea UrW Renewal Parcel B-8
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Introduc and filed by
.......
.� Councilman