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Home My WebLink About2019-04-08 19-135 Order 04/08/201919-135 04/08/2019 19-135 Legal Order R23-003 Title, Order Authorizing Execution of Release Deed - The Rock Church of Greater Bangor This Order will release the City's contingent interest in property owned by the The Church of Bangor created by virtue of a provision in a deed in the chain of title. The Rock Church of Bangor owns a parcel of land and buildings on the corner of Finson Road and Ohio Street. They are expanding and during a review of the title for the purpose of obtaining financing they discovered that a 1962 deed from a citizen to a church included a provision that if the property ceased to be used for church purposes, including but not limited to, worship, a parsonage, youth activities, a retired persons home, and a cemetery , the property would vest in the City of Bangor. Lenders are reluctant to loan money on property that have such a provision in the deed and the church is asking that the City release this contingent interest. Recommend for passage Consent 04/08/201919-135 CITY OF BANGOR ORDER 04/08/2019 19-135 Supica Authorizing Execution of Release Deed - The Rock Church of Greater Bangor WHEREAS, The Rock Church of Bangor owns a parcel of land and buildings on the corner of Finson Road and Ohio Street; and The church is expanding and during a review of the tile for the purpose of obtaining financing they discovered that a 1962 deed from a citizen to a church included a provision that if the property ceased to be used for church purposes , including but not limited to, worship, a parsonage, youth activities, a retired persons home,and a cemetery, the property would vest in the City of Bangor; and Lenders are reluctant to loan money on property that have such a provision in the deed and therefore the church is asking that the City release this contingent interest. Be it Ordered by the City Council of the City of Bangor that, Catherine M. Conlow, City Manager,is authorized on behalf of the City of Bangor, to execute a deed to The Rock Church of Greater Bangor for the purpose of releasing any interest the City of Bangor may have in a parcel of land on the corner of the Finson Road and Ohio Street owned by The Rock Church of Greater Bangor. Said deed shall be in a final form as approved by teh City Solicitor or Assistnat City Solicitor. H a O d Z H , iihktri H H r( oo tri w In 0 N r C'] rat1