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HomeMy WebLinkAbout1985-11-25 86-37 ORDER86-37 In[rod,ced by Councilor Willey, November 25, 1985 CITY OF BANGOR (TITLE.) WL'l1CS Ext ding Option Agreement f P rchase f Urban Renewal �__.._._. 1111 _. _.. .1111. Parcel B-11 - Houlton Band __O__f Maltreat Indians Development Corporation 1111 _ ._.. 11- __. _._ 111.1- ............ I.... By w Clio Caemell of ens ser of Reagan. ORDRRRD, THAT -WHEREAS, by letter dated July 26, 1984 the Maliseet Development Corporation requested designation as tentative developer of Urban Renewal Parcel B-11; and WHEREAS, the .City Council by passage of Council Order 84-308 On August 13,.'1984 designated the Maliseet Development Corporation tentative developer of, Urban Renewal Parcel H-11 for a period of ninety (901 days; and .WHEREAS, the tentative developer status granted to the Maliseet Development Corporation was extended by the City Council by passage of Council Order 84-367 passed on October 22, 1984, by passage of Council Order 95-25 passed on November 21, 1984, and by passage of Council Order 85-94 passed on January 28, 1985 extending the tentative developer status to April 29, 1985; and WHEREAS, the City Council by passage of Council Order 85-155 on April 22, 1985authorized and directed the City Manager, n behalf of the City of Bangor, to execute an Option Agreement, a copy of which was on file in the Office of the City Clerk, with the Houlton Band of.Maliseet Indians Development Corporation for the purchase and redevelopment Of the former Urban Renewal Authority Parcel B-11; and WHEREAS, the Option Agreement for Purchase of Urban Renewal Parcel B-11 dated July 16, 1985 by and between the City of Bangor and the Houlton Band of Maliseet Indians Development Corpo- ration was executed by both parties on that date; and WHEREAS, paragraph 2 of Section A Of said Agreement provides that the Option Agreement shall remain in effect until December 31, 1985 and that the Option Agreement may be extended upon prior approval by the City Council for any additional period of time not to exceed an additional six (6) months at the rate of Two Hundred Dollars ($200) per month payable in advance; and WHEREAS, the Moulton Band of Maliseet Indiana Development Corporation has requested an extension of the Option Agreement until June 30, 1986 for the purposes of allowing the necessary time to solidify all the necessary financing to construct Maliseet Gardens; and 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 an agreement with the Houlton Band of Maliseet Indians Development Corporation to change the expiration date of the term as provided under Section A Subsection 2 of said Option Agreement from December 31, 1985 to June 30, 1986; and be it further 'ORDERED, THAT said Option Agreement be amended 1n Section B, Subsection 1, 5th paragraph as follows: By no later than 6eptemDer-86.-g985 March 31, 1986, .. the DEVELOPER shall meet with the Committee and submit for its approval final plans and related drawings, specifications, and documents in the form specified i Section C, Paragraph 2 of said Council Order No. 83-123. If revisions to the final plane are deemed necessary or appropriate by the Committee, the plans must be so revised and submitted to the Committee for its approval by no later than getobez--;YBB-April 30, 1986. STATeMBNT OP FACT: The purpose of this Order is to provide for the extension of the term of an existing Option Agreement with the Moulton Band Of Maliseet .. Indians Development Corporation for Parcel B-11 from December 31, 1985 to June 30, 1986. This Order will also extend the deadline for the filing of final plans for the project from September 26, 1985 to March 31, 1986. B6 -3I ys ORDER In City council November 2%1985 - consider Ind meeting Beeembax Title,axterklingoptio�y 2 op ......... ...... ........."reasserfor .... Purchase p 0B urban Renewal Pastel B -I1 Rosettes Bond q'Clexk........:.................o.lopu .. No . . of tlalteent Indinns Bevelopmpnt wtpoiaClop IPo CITY CGRe IL Vode d filed by Deceanen 30, 1905 noosed s. the folcouncilors v yea and no votes. cwnnkel, voting '•^'^""" yes: ecoons Sullivan,FrailleY,Le1aawitz, xilman eeler and Will, .Coenci Tilley, g no, and Nilley. Cound los voting no, C /w W F