HomeMy WebLinkAbout1983-04-11 83-159 ORDER83-159
Introduced by Councilor Soucy, April 11, 1983
r _, CITY OF BANGOR
(TITLE.) 9T1iCTt _xutho Sting OQtion for Sale.oE Lot 4A; Assessor's._
Map R -2I"-- Perry Road
BY 9R City Gnaunt of da City ofBangm:
ORDERED,.
THAT the City Manager is hereby authorized and directed, on
behalf of the City of Bangor, to execute an. Option Agreement, in
a form approved by the City Solicitor, for the purchase of Lot 4A,
Assessor's Map R-27, located on the Perry Road in the Bangor
Industrial Park, by R. H. Campbell Residential Design, Inc.Said
Option Agreement shall include the following conditions:
[1] Option fee: $200.00
[2] Term of option: 3 months
[3] Sale price: $3,000
[4] The lot will be improved with the construction
of a building, .with site preparation to begin
within 3 months of purchase. All construction,
including site work and landscaping, shall be
completed by September 30, 1984.
[5] Development of the site and building shall
conform with all local and state laws and
regulations, and shall receive all necessary
governmental approvals prior to construction.
In addition, before any development takes place,
the City Engineer shall consider its impact
on natural drainage currently located on the
site.
[6] All title searches, recording costs and surveys
shall be the obligation of the purchaser.
[I] Conveyance of the property will be by municipal
auitclaim deed. As a condition of the sale, the
purchaser will agree to, by such method as may be
required by the City Solicitor, have title to the
property return to the City if the terms and
conditions aforesaid are not complied with.
j81 The purchaser will not be permitted to
assign its rights under said: Option o
to otherwise sell the property prior to
completion of all required development
of the site. -
83-159
IN CITY COUNCIL - 0 R D E R
April 11,-1983
Pass Title,
ad7lAut4atizi tron for Sale of Let 9A,
Cita Clerk ...... :�i. Oi..... .....
Assessor's M R'2] - Perry Road "! ?i :1[
..................................... ..�
.
W.
Introduced and led led E1: ..:
.. .... .
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