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HomeMy WebLinkAbout1986-08-11 86-327 ORDER86-32] Introduced by Councilor Sullivan, August 11, 1986 CITY OF BANGOR (TITLE.) Mrkrtrt _..___ Designating Tentative Developer for urban__., By W City CounmU of Ow CUL of Denver: ORDERED, THAT WHEREAS, the City of Bangor has received a request for designation as tentative developer of Urban Renewal Parcel B-8; and WHEREAS, pursuant to the procedures established i Council Order 83-123, which Order was adopted by the City Council o March 30, 1983, the Design Review and Site Plan Review Committee has met with the potential developer for the purpose of reviewing and evaluating the proposal; and - WHEREAS, said Committee has voted to recommend to the City Council that Pransway Realty Company be designated as the tentative developer of Parcel B-8; NOW, THEREFORE, BE IT ORDERED THAT Fransway Realty Company is hereby designated as the tentative developer Of Urban Renewal Parcel B-8 for a period of ninety (90) days, during which time the Legal Department, in consultation with the Community Development Committee and the Director of Planning and Community Development, shall be authorized to negotiate the terms and conditions of an option agreement with Fransway Realty Company for future consideration by the City Council. In City CwnCil Au9ust 11,1986 86-327 Passed 0 R D E R - f Ci ty Clark Title, Designating tentative developer for Urban RonPoal Parcel Bea ...................................... Introduceddal ..led _bye �"/..... ............unci rCouncilman