HomeMy WebLinkAbout2019-10-16 19-399 Order
10/16/201919-399
10/16/2019
19-399
Finance
Order
048-062
Title, Order
Authorizing the City Manager to Execute a Disposition and Development Agreement with Mitchell Jameson for
a Two-Unit Family Home Located at 118 Grove Street
This Order would authorize the sale of city owned property located at 118 Grove Street to Mitchell
Jameson. The property was acquired by the City through matured tax and utility liens on March 12,
2018 (CO 18-139). The city issued an RFP for redevelopment of the property and received four
offers for the property.
The Agreement will include the following terms and conditions: the purchase price shall be $12,000;
the buyer shall invest no less than $22,000 in the rehabilitation of the multifamily home; the buyer
shall obtain a a building permit on or before December 1, 2019; the buyer shall complete the project
and obtain a certificate of occupancy within one year of obtaining the building permit; and the
property shall remain taxable in perpetuity.
Finance Committee
09/16/2019
Recommend for passage
Consent
10/16/201919-399
CITY OF BANGOR ORDER
10/16/2019
19-399
Supica
Authorizing the City Manager to Execute a Disposition and Development Agreement with Mitchell Jameson for
a Two-Unit Family Home Located at 118 Grove Street
WHEREAS, the City owns the properties located at 118 Grove Street through matured tax and utility liens; and
WHEREAS, the City is seeking to dispose of the properties and have them rehabilitated for housing; and
WHEREAS, the properties were offered for RFP; and
WHEREAS, a bid to purchase and develop the property was received from Mitchell Jameson, in the amount of
$12,000:
BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR, THAT
The City Manager is hereby authorized, on behalf of the City of Bangor, to execute those documents
necessary for the transfer and development agreement of a building and property located at 118 Grove
Street (Map and Lot 048-062) to Mitchell Jameson. The Agreement shall include the following terms and
conditions: the purchase price shall be $12,000; the buyer shall invest not less than $22,000 on the
rehabilitation of the multifamily home; the buyer shall obtain a building permit on or before December 1,
2019; the buyer shall complete the project and obtain a certificate of occupancy within one year of obtaining
said building permit; and the property shall remain taxable in perpetuity. Said documents shall be in a final
form as approved by the City Solicitor's Office.
IN CITY COUNCIL
OCTOBER 16, 2019
CO 19-399
MOTION MADE AND SECONDED FOR PASSAGE
PASSED
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