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HomeMy WebLinkAbout1983-03-30 83-123 ORDER83-1]3 Introduced by Councilor Soadan, March 30, 1983 CITY OF BANGOR (TITLE.) MrDerp ............ Establishment f Procedures, for Disposition - d Redevel0_[m: nt f Certe U b n nw Reeal Parcels By He Cit Coursed M`W Cit ofBanpor: THAT WHEREAS, as a pact of its Community Development Program the City of Bangor purchased certain as yet undeveloped land from the Bangor Urban Renewal Authority, namely Parcels B-4, B-6, B -8, B-11, B-13, B-15, and P-6; and WHEREAS, the City of Bangor has asumed the Disposition, Design Review and Site Plan Review functions for the redevelopment of said parcels; NOW, THEREFORE, BE IT, ORDERED THAT procedures for disposition and redevelopment of the above parcels be established as follows: A. DISPOSAL OF LAND 1. Method of DITPM1 - The City may dispose of Kenduskeag Stream Urban Renewal IME R-0) Parcels B-4, B-6, B-8, B-11, B-13, B-15, and P-6 by sale or lease in accordance with any method permitted by State and local law to a developer selected either by negotiated sale of land or competitive proposal. However, prior to the execution of any agreements, the City Council shall by resolution, council order or similar action: a. Approve all agreements and conditions; and b. Approve the price. 2. Design Committee - A Design Review and Site Plan Review Committee consisting of the members of the City Council Community Develop- ment Committee, the Chairman of the Planning Board, the City Manager, the City Engineer, the Director of Planning and Community Development, and the Planning Officer shall review and evaluate all redevelopment proposals submitted. The Design Review and Site Plan Review Committee shall sulamit its recommendations for the selection of a tentative developer to the City Council which shall adopt a resolution designating the tentative developer. Page 2 3. Option to Purchase - The City shall as soon as practical enter into an agreement with the tentative developer providing him with an option to purchase. The City shall also indicate i the agreement the time limits for submission of final plans penalties, if any, renewals and extensions. a. The procedure for specific proposals is as follows: (1) Council may designate a developer as tentative developer for such a reasonable period of time as may be necessary for the preparation and execution of an option agreement. Council may extend the tentative developer designation for good cause shown. (2) The Council may authorize the execution of an exclusive option agreement before the expiration of the tentative developer, designation. - (a) The option fee for each 30 day period will be 1/3 of 1% of a pre -determined estimated purchase price for the parcel(s). (b) The option may be executed after expiration of tentative developer designation, but developer loses tentative developer status during the intervening period. (c) The length of the option will be determined o a case-by-case basis, depending largely upon the magnitude of the proposal. During the option period the developer shall be required to submit, in accordance with a specified timetable, pre- liminary plans (site plan, floor plan, elevations), final plans and specifications, evidence of financing, construction schedule and construction contract. (d) The option may be extended by the City Council for good cause shown, with the requirement of additional option fees for each additional month of extension. (e) The City shall not transfer title to the property until (1) firm and binding financial commitments for funding of the cost of actual physical work n the particular redevelopment project are secured by the redeveloper, and (2) a binding construction contract or contracts have been entered into for the full scope of the construction project which will go into effect upon transfer of title to the property to the redeveloper by the City. (3) The option shall be exercised and a purchase and sale agreement executed prior to the expiration of the option agreement. Page 3 b. The procedure for speculative proposals is as follows: (1) (a) Same as set forth in a. (1) above. (b) Before designation as a tentative developer, developer must provide the name of the principals of the developer and/or the development entity. (2) Option Agreement. Due to the speculative nature of proposals, a 3-phase option agreement is utilized, with the developer being required to meet additional criteria in order to proceed" to the next phase. (a) First phase (90 days). (i) The developer shall enter into an option agreement before expiration of a 30 day tentative developer designation. (ii) The option fee for 90 day period shall be h of 1% of a pre -determined estimated purchase price for the parcel(s). (iii)Me developer shall provide, in addition to the requirements of b. (1) (b) above, written narrative of his general concept for redevelopment of the parcelis)- (b) Second phase (90.days). (i) The developer shall enter into a more comprehensive option agreement before the expiration of the first phase option, subject to prior submission of a written narrative or prospectus outlining the general intent and plans for the proposal, progress towards same, financing, magnitude of proposal, and contemplated uses of the parcel(s). (ii) The option fee for the so ond. 90 day period shall be 1% of price usedin determining the option fee under phase one. (iii)Before expiration of the second phase option, the developer shall submit preliminary plans to the Design Review and Site Plan Review Committee. Said plans shall include: site plan, evidence of the necessary government approvals, construction schedule, Construction costs, and evidence of sufficient financing. (c) Third phase (90 days). Page 4 (i) The developer shall enter into a third phase option agreement before expiration of the second phase option. (ii) The option fee for the third 90 day period shall be the same as for second period above. (iii)The developer shall obtain approval of preliminary plans within one month from the date of submission. (iv) The developer shall submit and obtain approval of final plans before expiration of the third phase option. (v7 The developer shall enter into a purchase and sale agreement prior to expiration of the third phase option in order to retain his priority for the parcel(s). (vi) The City shall not transfer title to the property until (1) firm and binding financial commitments for funding of the cost of actual physical work on the particular redevelopment project are secured by the redeveloper, and (2) a binding construction contract or contracts have been entered into for the full scope of the construction project which will go into effect upon transfer of title to the property to the redeveloper by the City. C. As large scale projects may need more lead time for the development of preliminary and final plans, execution of agreements between developers and third parties, and arrangement of financing for large scale projects (in exceed of 60,000 sq. ft.), the second and/or third phase option may be extended for not more than 90 days upon a showing by the developer that the additional time is necessary through no fault of his own. 4. Developer's Qualifications - Before executing any final transfer of land, the City shall determine that the developer possesses the qualifications and financial resources to acquire and develop the land i accordance with theAenduskeag Stream Urban Renewal Plan (ME R-7), as ended. Transfer of land will contain the qualification that construction or renovation begin and be completed within dates agreed upon. The City may, if it deems necessary, require the developer as part of the agreement to post a performance bond in an amount to be set by the City. The City may, at its discretion and for good cause, reject any prospective developer based on an analysis of pertinent data relating to his qualificationsand financial resources. Page 5 5. Property Rehabilitation - A disposal agreement Covering property sold subject to rehabilitation shall contain a work rite -up detailing the work that must be performed by the buyer to conform to the Renduskeag Stream Urban Renewal Plan (ME R-7),amended, and applicable codes and ordinances of the City. 6. Design Objectives - All disposal agreements shall contain provisions for city review and approval of a developer's plans. The City shall review and approve all development plane prior to construction to assure compliance with Redevelopment Plan objectives. B. MAINTENANCE OF RECORDS The City shall maintain records and reports, including copies of official Council action and Finance Committee action, reuse appraisals, certifications, disposal agreements and other documentation concerning its land disposition activities for each parcel of land to be offered for resale. In addition, a running record in summary form shall be diintained indicating major actions and items of information on each sposition parcel. Periodic reports shall be made to the City Council detailing progress of the disposition program. C. APPROVAL OF PLAN No construction'o renovation will be allowed i n Parcels B-4, B-6, B -B, B-11, Ba13,, B-15 and P-6 without the prior submission and approval of preliminary plans, final plans and specifications. Said plans shall be reviewed by the Design Review and Site Plan Review Committee appointed by the City Council to insure consistency in design and compatibility with the Eenduskeag Stream Urban Renewal Plan (ME R-7), as ended. No plans shall be approved unless said plans have been prepared by a duly registered architect, as defined by Title 32 of the Maine Revised Statutes Annotated, unless otherwise accepted by the City. The following submissions shall be required: 1. Preliminary Plan - The intent of the Preliminary Plan shall be to outline the general scope of development or redevelop- ment, and to convey to the Design Review and Site Plan Review Committee sufficient information for them to determine the character of the work to be performed. a. Site Plan - The site plan shall be drawn to a scale of one Ti r�nch equals twenty (20) feet wherever practical. The plan should include: (1) Property lines and dimensions (2) Adjacent features, such as abutting streets, buildings or properties. (3) Existing and proposed paved areas, including the type of pavement and principal dimensions. Page 6 (4) The on-site parking layout, and traffic flow, if any. (5) Planting areas, ncluding general size and variety of trees and shrubs. (6) All existing and proposed utilities, both above and below ground, including service connections and drainage facilities. (7) Principal elevations, grades, or contours, both existing and proposed. (8) Existing and new building outlines, including overlaps such as canopies or basement extensions. b. Floor Plan - The scale of the floor plan shall be left to the discretion of the architect. This plan shall show general room layouts and use, ncluding entrances and exits. Dimensions may be approximate and the overall floor area for each floor shall be indicated. The elevation of each floor shall be indicated. C. Elevations - A suitable cross-section or elevation of the building shall be provided, either in the form of a artist's rendering of the building or a cross-section of the building. Where site grade plays an important part n the layout of multi -Level structures, the Design Review and Site Plan Review Committee shall reserve the right to request cut -away elevations showing the relationship of floors to surrounding grades. Materials to he used for exterior treatment shall be indicated. Final Plans and Specifications - After approval of the pre- 1Tminary plan, the developer shall then proceed with the preparation of final plane and specifications. Said plana and specifications shall show sufficient details necessary to insure proper construction. All dimensions and elevations shall be accurate and all materials to be used in the structural or architectural treatment of the facility shall be outlined in complete detail. If, in the opinion of the Design Review and Site Plan Review Committee, there is a doubt regarding the structural adequacy of any facility, the developer shall provide all required back-up data, including structural computations, boring 'logs or material guarantees. This Order supersedes Order number 26 AG passed by the City Council on November 27, 1978. In City Comi¢1 MaPch A1983 Passel 83-123 Ci A. ORDER Title, Establishment of Procedures for ... I ................. ..... Disposition and Redevelap not of Certain .......... 6 ................... 4....... Urban Renewal izuIcels C17 uoaneea and algia by co loran