HomeMy WebLinkAbout1987-10-26 87-397 ORDER87-397
Introduced by Councilor Frankel, October 26, 1987
CITY OF BANGOR
am V11rUr7......... Miver of lerfo,meance Fend for,. Houlton Band of Maliseet
Indians — Parcel P11
av the MYC al of the cera of Banger.
ORDERED,
TEAT
�, the City of Bangor and the Houlton Band of Maliseet Indians
Development Corporation have centered into an Option Agreement for Purchase
of Portion of Urban Fenewnl-Parcel B 11 "Phase I", as amended; aro
bdB{BFAB, the City bas authorized and apprvned the assigrmsent by the Houlton
Band of Maliseet Indians Development Corporation to the Boulton Band of
Maliseet Indians of all sight, title, interest, duties and Obligations in
aM to said option Agreement; add
N41EBG95, said Option Agreement requires tM Houlton Bend of Maliseet Indians
to submit to the City of Danger a copy of a perfornance bond and a labor and
naterials bond obtained by its general contractor; and
MBEMElS, too City demes that the sutlnittal of a copy of a labor and
naterials bond obtained by the general contractor is sufficient to satisfy
tie afcaamentionM option Agreement requirenant,
IATA, �FOFE, By the City Council of the City of Fenger be it
Q FfD, THAT the City of Hangar hereby waives too provision of said Option
Agreement which requires the Developer to submit to the City a copy of a
performance bond obtained by its general contractor.
8J-39]
O x x E P ,81 fGi 22 ?1 51
IN oxer 26Oxcll
October 26, Mayor
Title,
Pestes. xayar Willey PIof TY IL P
abstaining. Waiver Of PeC£OrmanG¢ :BOod f0[ L1 �j{Y GL
'CAU �EKK Houlton Band Of x......C. I..... - Per¢¢1 B-I1
Introduced and filed by
COwciLean