HomeMy WebLinkAbout1987-10-26 87-398 ORDER8]-398
Introduced by Councilor Frenkel, October 26, 1987
w _ryp > CITY OF BANGOR
(TITLE.) Orbgrr, Auth v'1ng Amendment t Optron Agreement For Purchase of
Portion oP Urban Removal Parcel B-11 'Pines I"
ByH He City Commit of Om MY of Denver.
AUS 11 N TI MI
TUT WHEREAS, the City of Bangor and the Boulton Band of
Maliseet xndians Development Corporation have entered into an Option
Agreement for Purchase of a Portion of Urban Renewal Parcel B-11
"Phase 1", as amended; and
WHEREAS, the City has authorized and approved the
assignment by the Houlton Band of Maliseet Indians Development
Corporation to the Houlton Band of Maliseets of all right, title,
interest, duties and obligations in and to said option Agreement;
and
WHEREAS, said Option Agreement requires the Houlton Band
of Maliseet Indians to submit to the Design Review and Site Plan
Review Committee for its approval final plans, and related drawings,
specifications, and documents in the form specified in Section C,
Paragraph 2 of Council Order 83-123; and if revisions to the final
plans are deemed necessary or appropriate by the Committee, said
plans must be so revised and submitted to said Committee for its
approval by not later than December 31, 1987; and
WHEREAS, the parties mutually agree that a amendment to
the aforementioned provision of said Option Agreement is both
desirable and necessary to the proper redevelopment of former Urban
Renewal Authority Parcel B-11;
NOW, THEREFORE BY THE CITY COUNCIL OF THE CITY OF BANGOR,
BE IT ORDERED THAT, the City Manager is hereby authorized and
directed, on behalf of the City of Bangor, to execute Third
Amendment to Option Agreement for Purchase of Portion of Urban
Renewal Parcel B-11 "Phase I".
87-398
ORDER
IN CITY COUNCIL '87 ICI 22 P1 51
October 26, 1987 Title,
Passed. Mayor Willey
batainivg. RECEIVED
Authorizing Amendment to OptionBANGOR
CITY CLERK
TT LEMC - Agreement for Purchase of Portion of
...........................
Urban Revewal Parcel B-11 "Phase I"
y� Introduceedd and filed by
Councilman