HomeMy WebLinkAbout2016-09-12 16-339 ORDERCOUNCIL ACTION
Item No. 16-339
Date: September 12, 2016
Item/Subject: ORDER, Authorizing the City Manager to Execute a Landlord's Consent to Assignment
— portion of Map R17 Lot 013B
Responsible Department:
Commentary: This order will authorize the City Manager to execute an consent to assign a leased
parcel of City owned land on Odlin Road. The lease is formerly held by Hotel Equities Inc. who
managed the Days Inn on Odlin Road. Giri Bangor LLC has taken over management of the Day's Inn and
would like to assume the lease for the parcel of land. The assignment must be approved by the City of
Bangor (portion of R17 -013B).
This item was reviewed and recommended for approval by the Business & Economic Development
Committee at its September 7, 2016 meeting.
Manager's Comments:
Associated Information:
Budget Approval:
Director
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Tanya Emery
Department Head
VV
City Manager
Finance
City
Page _of_
16-339
SEPTEMBER 12, 2016
Assigned to Councilor Plourde
CITY OF BANGOR
(TITLE.) ORDER, Authorizing the City Manager to Execute a Landlord's Consent to
Assignment — portion of Map R17 Lot 013B
WHEREAS, the Lessor is the owner of an airport commonly known as "Bangor
International Airport", formedy known as Dow Air Force Base, located in
the City of Bangor, County of Penobscot, State of Maine (hereinafter
sometimes referred to as the "Airport"); and
WHEREAS, the Lessor is the owner of a parcel of land on the northeasterly side of the
Odlin Road, in Bangor, County of Penobscot and State of Maine; and
WHEREAS, the Lessor leased this parcel of land to Sheldon Hartstone and Barry
Hartstone as Trustees of Financial Realty Trust pursuant to the terms of
an Indenture of Lease dated November 15, 1982; and
WHEREAS, Girl Bangor LLC is the current Lessee of the parcel pursuant to the terms
of an Assignment of Lease;
WHEREAS, Girl Bangor LLC has agreed to be bound by the obligations and provisions
of the above said Indenture of Lease.
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 a
"Landlord's Consent to Assignment".
IN CITY COUNCIL
SEPTEMBER 12, 2016
CO- 16-339
PASSED
CITY CLERK