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HomeMy WebLinkAbout1981-11-09 82-11 ORDER82-11 Introduced by Councilor Weymouth, NovedDer 9, 1981 CITY OF BANGOR (TITLE.) (0rbRTp.-.,,—Authorizing . Conveyance of Parcel H 1(a) By Wto My Cwmm gfdw My ofBonyor: `-ORDERED,- THAT WHEREAS, the Bangor City Council designated the Congrega- tion Beth Abraham Anshe Sphard (hereinafter "Developer") as the tenta- tive developer of Parcel H -1(a) by passage of Council Resolve 205 AN on June 9, 19801 and - WHEREAS, the Bangor City Council Finance Committee has deter- mined that the fair reuse value of said parcel is $.45/square foot; and WHEREAS, the redevelopment proposal submitted by the Developer received approval on August 10, 1981 from the Design Review and Site Plan Review Committee pursuant to the duly approved and adopted Community Development Program Redevelopment Plan for the Hancock -York Neighborhood Development Project said approval being subject to certain conditions; and WHEREAS, said Conditions have been met; NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the City Manaper is hereby authorized to execute a Release Deed in favor of the Developer and to deliver the same to the Developer upon receipt of the purchase price of $3,929.40, a copy of said Release Deed being on file in the Office of the City Clerk. STATEMENT OF FACT: The above -referenced conveyance to Congregation Beth xa aAb�ppHard. will complete the final phase of the land conveyances involved in the redevelopment of Community Development Parcel H-1. The City of Bangor and the Congregation previouslye xchanged two parcels in this area to facilitate the development of "TheTerraces" project on Parcel H-1. The value of $.45/square foot has been used throughout the land exchange process. The redevelopment prsal referred to above consists of the development of'a "mini -park" onp te site. In Citrf Council Novemher 9x1981 caeuoilor case excused irem voting r eeea City G1 ek > 82-11 ORDER '81 kdV —5 Title, t92 UU Authorising Conveyance of Parcel N-1 (A) ................................. /1 Intyo{luc and filed f mcilman CRY Cttkn gp_11 RELEASE DEED CITY OF BANGOR, a municipal corporation located in the City of Bangor, County of Penobscot, State of Maine (hereinafter "Grantor"), for consideration paid, releases to CONGREGATION BETH ABRAHAM ANSHE SPHARD, a Maine Corporacion, of Bangor, County of Penobscot, State of Maine, the land in said Bangor, bounded and described as follows, vu. A certain parcel of land bounded on the North by York Street, on the East by land of the Grantee, on the South by land of G b S Terrace Associates, and an the West by Essex Street, more fully described as follows: Beginning at the intersection of the easterly right-of-way line of Essex Street with the southerly right-of-way line of York Street; thence N. 60' 18' 48"'E!'along the southerly right-of-way line of York Street for a distance of 94.11 feet to a point, being the westerly line of land awned by the Grantee; thence S. 11' 24' 23" E along the westerly line of the Grantee for a distance of 100.00 feet: thence S. 600 18' 48" W. for a distance of 89.82 feet to the easterly line of Essex Street; thence N 13' 46' 12" W. along the easterly right -o£ -way line of Essex Street for a distance of 98.74 feet to the point of beginning. The above described parcel contains 8,732 square feet. This conveyance is made upon the following express conditions covenants and restrictions, for breach of which said GRANTOR may enter and Fevest in itself title to the premises granted hereby as if this deed had never been given, or exercise any other remedies hereinafter set forth; itbing the intent that the con- veyance of the aforedescribed property to the GRANTEE is made upon a condition subsequent. GRANTEE covenants and agrees by and for itself, its suc- cessors and assigns, and all persons or entities claiming under or equitable, for the enforcement of the terms and conditions of this conveyance. PROVIDED, HOWEVER, that any delay by the GRANTOR in institu- ting or prosecuting any such actions or proceedings or otherwise asserting its rights hereunder shall not operate as a waiver of such rights and shall not operate to deprive it of or limit such rights in any way. GRANTEE'S ADDRESS: 145 York Street, Bangor, Maine 04401 IN WITNESS WHEREOF, the CITY OF BANGOR, GRANTOR herein, has caused this Deed to be signed, acknowledged, and delivered in its name and behalf by John W. Flynn, its City Manager, thereunto duly authorized, this day of , 1981; and CONGREGATION BETH ABRAHAM ANSHE SPHARD, the GRANTEE herein, has caused this Deed to be signed,acknowledged, and delivery accepted in its name and behalf by - I its , thereunto duly authorized, this day of , 1981. CITY OF BANGOR BY Witness John W. Flynn Its City Manager CONGREGATION BETH ABRAHAM ANSHE SPHARD BY Pitness Its