HomeMy WebLinkAbout1979-07-23 325 AG ORDER325 AG
Introduced by Councilor 2endeian, July 23, 1999
CITY OF BANGOR
(TITEEJ utlrbgy,_. Dealgastang Developer o
the Tentative Df Harlan, Street School
By the My CuwweM MTAs Ciera G(DanVaa
93N r]d8elp
TRAT Investors Realty, Inc. of & Harlow. Street, Bangor, Maine Is
hereby deaignated as the tentative developer of the Harlow Street School
3+uilding located at 183 Harlow Street, Burger, Maine and note fully described
in the "Request For Proposals For Acquisition and Reppe of Harlow Street School
Building", a copy of which is on file in the Office of the City Clerk;
THAT the City Manager provide written notice to Investors Realty, Inc.
indicating that the City Council of the City of Bangor Has desigrovted Investors
Realty, Inc. as the tentative developer of the Harlow Street School Building;
THAT Investors Realty, Inc. execute azW deliver within thirty (30)
ague of such notification from the City Manager an option agre®ent which shall
be substantially, if not completely, similar to the 'Option Agreement For
Persians of Cerise Street Schoolp attached to the "Request For proposals For
Acquisition and Reese of Harlow Street School Building" as Ex bit 0, a copy of
which is on file in the Office of the City Clerk;
THAT this designation of Investors Realty, Inc. as tentative developers
of Harlow Street School will terminate at the expiration of said thirty (3J) dry
period if an Option agreement satisfactory t0 the City Of Bangor has not been
executed by Investors Realty, Inc.;
THAT the City Council Community Development Committee, on behalf of the
City Council of the City of Bangor, is hereby granted the authority to approve
the final terms of an option agreement between Investors Realty, Inc. and the
City of Bangor for the purchase of the Harlow Street School Building.
325 AG
IN CITY Cow IL l 0 R 0 E R
doly. 23, 3979
motion'for passage passel by gills
the following yes ark! no , n vote. -
Cwlmrse,a Ming yea: Geary,
Weym, Oemth,agm
itin9 the Tentative Gave lope of
BrOWilley, Hard and Zemlzien. Councilor
votl M7 Gass C Harlow Street School bailding
1 y Clerk
\ 1 Introduced and filed by
.............
dlman