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HomeMy WebLinkAbout1981-11-09 82-15 ORDER82-15 Introduced by Councilor Zendzl , Novemtea' 9, 1981 _NN CITY OF BANGOR (TITLE.) Mrbrr, Authorizing Execution of An Agreement With The.American By Bu City Coym1 ffW City of Bawyor: ORDERED, THAT WHEREAS, it is in thebest interest of the City of Bangor to stabilize and improve the economicvitality of downtown. Bangor by fostering the disposition of publicly owned development parcels for approved uses and the encouragement of private investment in the downtown area; and WHEREAS, the achievement of such goals can be facilitated by gaging the services of The American City Corporation, a subsidiary of The Rouse Company, to prepare for the City of Bangor a development pro- gram and development strategy for downtown Bangor; and WHEREAS, as a demonstration of private interest and support, the private sector has made commitments to fund one halfofthe cost for the preparation of said development program and development strategy; NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the City Manager, subject to approval by the Finance Committee, is hereby authorized an behalf of the City of Bangor to enter into an agreement with The American City Corporation for the preparation of a development nrogram and development strategy for downtown. Bangor for a of money not to exceed Ninety Thousand Dollars ($90,000.00). Provided, however, that said authorization is conditioned upon the receipt by the City of Bangor of Forty-five Thousand Dollars ($45,000.00) in private donations. NOW, THEREFORE, BE IT FURTHER ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the City Manager is hereby authorized to establish a Reserve For Downtown Development Account and to transfer to. said Account the following: Account (61-0ljnty-five Thousand Dollars ($25,000.00) from the Contingency b) Twenty Thousand Dollars ($20,000.00) from the General Reserve Account (92-2235) - HOW, THEREFORE, BE IT FURTHER 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 accept private donations to said Account. NOW, THEREFORE, BE IT FURTHER ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the City Manager is hereby authorized to expend a sum not to exceed Ninety Thousand Dollars ($90,000.00) from said Reserve For Downtown Development Account for payment for the services rendered by The American City Corporation pursuant to the aforementioned Agreement. NOW, THEREFORE, BE IT FURTHER ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the City Manager, subject to approval by the Finance Committee, is hereby authorized on behalf of the City of Bangor to enter into an Agreement with The American City Corporation for the provision of services for the implementation of the developmentprogram and develop- ment strategy, said imp lamentation services to be provided for sum f Ten Thousand Dollars ($10,000.00) per month for a period of twelve (12) months. Provided, however, that said authorization is conditioned upon the receipt by the City of Bangor of Sixty Thousand Dollars ($60,000.00) in private donations. STATEMENT OF FACT: The proposal to hire a consultant to formulate a e om 3 ent program and development strategy represents a ioint effort by the public sector and the private sector to foster development i downtown Bangor. It is also realized that such a program and strategy needs implementation to be successful in the achievement of its goals. To that end, various members of the private sector have pledged money to supuart this undertaking. The purnose of this Order is to authorize participation by the public sector in"this. venture. This Order authorizes the City Manager to execute an agreement for said services and provides for the expenditure Of Forty-five Thousand Dollars by the City of Bangor for the formulation of the development program and the development strategy for downtown Bangor. Twenty-five Thousand Dollars is to be transferred from the Contingency Account. The remaining Twenty Thousand Dollars is to be transferred from the General Revenue Account upon reimbursement to the City of Bangor by the Planning and Community Develooment Department for improve- ments completed on Middle Street. Finally, this Order authorizes the City Manager to executean agreement providing for implementation of the aforementioned develop- er program and development strategy, provided that the City obtains $60,000.00 from the private sector to fund one half of the costs of the implementation program. Said implementation program qualifies as an. eligible activity under the Community Development Block Grant Program, and it is anticipated that the City Of Bangor will pursue funding of its share of the implementation program ($60,000.00)in the Fiscal Year 1982 CORO budget. m City Council Povembss 9,1981 .Amendment to delete the last sentenm in the lent p sgraph Palled Vote 9. leg ENO Voting yes Sordanr P.n xernnn,peymwth Voting No Heow,CeaerPortear3ovoyrNllle9r Zeadsian Crder Passed Title, Authorising Execution a An Agreement ..................................... pith the American City Corporation .................................. I... ntrodeced and Hled by - �.. ...... Cowcilman '81 NIIP -5 P220 0L. CITY CI id CITY CLEgX