HomeMy WebLinkAbout1983-11-14 84-21 ORDER84-21
Introduced by Councilor Frankel, Novemlcr 14, 1983
/qq CITY OF BANGOR
(TITLE) WTi1a' Design t ng Tentative Developer £or Urban Renewal
By the City CovmQ of Ne Pry ofBaayer.
THAT WHEREAS, the City. of Bangor received two proposals for
the acquisition and redevelopment of Urban Renewal Parcel B,-13; and
WHEREAS, pursuant to the procedures established in Council
Order 83-123 adopted by the City Council on March 30, 1983, the Design
Review and Site Plan Review Committee (consisting of the Council
Community Development Committee, the Chairman of the Planning. Board, the
City Manager, the City Engineer, the Director of Planning. and Community
Development, and the Planning Officer). held a number of meetings with
the potential developers for the purpose ofreviewing and evaluating
the two proposals; and.
WHEREAS, the Committee unanimouslyvoted at its meeting on
November 3, 1983 to recommend to. the City .Council that 1912. Associates
Development Corp. be designatedasthe tentative developer of Parcel
B-13 with the understanding that the City of Bangor and 1912 Associates
Development Corp. would subsequently enter into an option agreement
wherein 1912 Associateswould be granted a six month. option to purchase
Parcel B-13,during which time 1912 Associates would conduct studies to
determine the feasibility of constructing a project of sucha magnitude
s would be comparable with other, developments currently existing in this
area of Exchange Street; and
NOW, THEREFORE,: BENT. ORDERED THAT 1912AssociatesDevelopment
Corp. is hereby designated as the tentative developer of Urban Renewal
Parcel 8-13 for a period of thirty (30): days, duringwhichtime the
Legal Department, in consultation with the Community Development Com-
mittee and the Director of Planning and Community Development, shall
be authorized to negotiate an optionagreement with 1912 Associates
for future consideration by .the City Council.
In city Council November 10,196
Pas$e U-31
cou enncilor c Carth abstained - 0 R 0 E R
A
Ci y Clerk
' Bignatinq tative oevelepe
for Urban Pene al Parcel B-13
Introduced and filed by
�a :.............
Councilman