HomeMy WebLinkAbout2019-08-26 19-321 Order
08/26/201919-321
08/26/2019
19-321
Community & Economic Development
Order
001-269
Title, Order
Authorizing an Amendment to the Indenture of Lease with Stillwater Enterprises, Inc. – 108 Florida Avenue
Map 001 - Lot 269
Stillwater Enterprises, Inc. has exercised its option to extend its lease of land and building at 108
Florida Ave. for one (1) year. Stillwater Enterprises, Inc. has agreed to a rate of $1,610 per month.
Stillwater Enterprises, Inc. will be responsible for all utilities. All other terms and conditions of the
lease agreement will remain unchanged.
Stillwater Enterprises, Inc. is a custom metal fabrication business that has been a tenant since 2007.
They manufacture special orders for general contractors and architects from sheet, solid or tubular
stock metal. They also create custom products such as tidal energy structures, stair railings,
elevator ladders, security doors, wheel chair ramps and fire escapes.
This amendment has been reviewed with the Airport Dept., and staff recommends its approval under
the terms and conditions outlined above.
Business & Economic Development Committee
08/20/2019
Recommend for passage
Consent
08/26/201919-321
CITY OF BANGOR ORDER
08/26/2019
19-321
Tremble
Authorizing an Amendment to the Indenture of Lease with Stillwater Enterprises, Inc. – 108 Florida Avenue
Map 001 - Lot 269
WHEREAS, the City of Bangor is the owner of Building #269, 108 Florida Avenue in the Bangor International
Airport Complex; and
WHEREAS, Stillwater Enterprises, Inc. has been a tenant at Building #269, 108 Florida Avenue since 2007;
and
WHEREAS, Stillwater Enterprises, Inc. has exercised its option to extend its lease for one (1) year:
Be it Ordered by the City Council of the City of Bangor that, The City Manager is hereby authorized to
execute, on behalf of the City of Bangor, an Amendment to the Indenture of Lease between the City of
Bangor and Stillwater Enterprises, Inc. with a term of one (1) year at a lease rate of $1,610 per month in a
form approved by the City Solicitor or the Assistant City Solicitor.
IN CITY COUNCIL
AUGUST 26, 2019
CO 19-321
PASSED
lk—, )Jz��az- �
CIT CLE