HomeMy WebLinkAbout2019-02-25 19-102 Order
02/25/201919-102
02/25/2019
19-102
Community & Economic Development
Order
R42-042
Title, Order
Authorizing the City Manager to Enter into Management Agreement with Maine Real Estate Management to
Rent Vacant Home at 169 Thornton Road, Map-Lot R42-042
This order would authorize the City Manager to enter into a management agreement with Maine Real
Estate Management to manage property located at 169 Thornton Road. In 2016, the City acquired
169 Thornton Road to be used for a possible future connection between Bangor Gardens and
Husson Avenue. Any movement toward creating that connection is many years away, therefore the
City wishes to rent out the home for a period of time until it becomes needed for other purposes.
City staff requested information from several property management firms that could manage the
rental of the property on our behalf, and found Maine Real Estate Management to be the best choice
to manage the property on our behalf.
If approved, this order authorizes the City Manager to enter into a management agreement with
Maine Real Estate Management to rent and manage the property located at 169 Thornton Road.
The terms of the agreement are as follows: The city will receive $1,350 per month rent; utilities to
be paid by tenant; the management company will be paid $100 per month for oversight of the
property; and the city will pay $30 per hour to the management company for any repairs that they
make to the property. The final form of the management agreement shall be approved by the City
Solicitor or Assistant City Solicitor.
Recommend for passage
Consent
02/25/201919-102
CITY OF BANGOR ORDER
02/25/2019
19-102
Schaefer
Authorizing the City Manager to Enter into Management Agreement with Maine Real Estate Management to
Rent Vacant Home at 169 Thornton Road, Map-Lot R42-042
WHEREAS, the City is the owner of a property at 169 Thornton Road, which was purchased for possible future
use in a connection between Bangor Gardens and Husson Avenue; and
WHEREAS, any movement toward creating that connection is many years away; and
WHEREAS, the City wishes to rent out the home for a period of time until it becomes needed for other
purposes;
WHEREAS, the City requested information from several property management firms that could manage the
rental of the property on our behalf; and
WHEREAS, the City found Maine Real Estate Management the best choice to manage the property on our
behalf;
NOW THEREFORE
Be it Ordered by the City Council of the City of Bangor that,
The City Manager is authorized, on behalf of the City of Bangor, to enter into a management agreement with
Maine Real Estate Management to rent and manage the property located at 169 Thornton Road, and
Be it further Ordered that
The terms of the agreement are as follows: the city will receive $1,350 per month rent; utilities to be paid by
tenant; the management company will be paid $1,200 per year for oversight of the property; and the city will
pay $30 per hour to the management company for all repairs to the facility; and the final form of the
management agreement shall be approved by the City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
FEBRUARY 25, 2019
CO 19-4)02
PASSED
0 '4/- 1.4
CITY CLERK