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HomeMy WebLinkAbout1986-10-27 86-416 ORDERIntroduced by Councilor Wheeler, October 3], 1986 CITY OF BANGOR (TIiLEJ (Other, Authorizing Preparation of Application to Federal Aviation Administration: helease of Title Restrictions — Banair Industrial lark By Bu 04 CoysmII of 94 My o(Bavoor: THAT wrbacne, by deed fore the united states of America the Qty acquired 411:14 outmost of the lard located within the boundaries of sensor Industrial Park; and VaIERFd9, said dead restricts the ability of the City to convey parcels of lard within the Industrial Park W third parties; and PNERESS, the City staff has been advised by representatives of the Federal Aviation Administration that such restrictions may be released .provided the City retains sufficient controls to protect the aeronautical use of the Airport, and provided that the City establishes approver] procodu es for the use of revennue from the sales of such lata to meet future Leeds at the Alrpoet; ab WBBRFAB, the City Council, by adoption of this Cyder, detemires that the City must be able to sell lots in eanair Industrial Park in older to insure its complete and proper aevelopnett, NWI, THEREF'OFE, By the City Council of the City of 6ange: ORm(i80, 1 i'the City manager 1s hereby autlwrized and directed to take all necessary action to prepare an applicatim to the Federal Aviation A inistration for the release of existing restrictions on the title to the lots within earair Industrial Park no as to pemit their sale to third parties; and be it further mom, 7MT said application shall not he submitted to the Federal Aviation Adninistration until approval in its final four by the City Council. In City Council October 89.1986 Passed 868 16E R b�H+ Title, me Authorising Preperation Applicationto .............................. Federal Aviation Administration Release ...................................... of Title Restrictions HeMir Ivdustrlel. Park Intr sed end led y ... ... . Councilmen OCT 2 219PS ary o-' ary mei