HomeMy WebLinkAbout1978-08-28 363 AF ORDER363 AF
Introduced by Councilor McKernan, August 26, 1928
CITY OF BANGOR
(TIRE.)VtlXi�LT�._Amending-.and-5xtending._the_pption.Agreement.far the.
of the Bangor Waterworks Facilities
BY aw my em" Of t GW Of By :
TBAT the City Manager is authorised and directed, on behalf
of the City of Bangor, to amend the option agreement for the
purchase of the Bangor Waterworks Facility with Mr. Harold I. Hill
to includeArea8 '(The Gatehouse) and Area 12 (The Lagoon) as shown
on the Site Plan in Section 2 of the original proposal; provided,
however, that the use of said Areas, in the sole judgement of the
City, does not interfere with the City's ability to generate
hydro -electric power at the Bangor Dam; and
BE IT FURTHER ORDERED, THAT the City Council hereby approves
the request for a extension of the option agreement, as amended,
with Mr. Harold I.1Hill for the purchase of the Waterworks Facility
beyond September 1,'1928, for a three-month period terminating
December 1, 1978, upon payment of $750.00.
Statement of Fact
Mr. Hill submitted a'proposal on January 12, 1978 which was
accepted by the City Council, and an option agreement for the
purchase of the Bangor Waterworks Facilities was
signed on March 1,
1978. Since that date, Mr. Hill petitioned the Department of
Environmental Protection for approval of the plan "which was sub-
sequently denied. Mr. Hill is now requesting an extension of his
original option agreement to allow him to file a new plan with the
Department of Environmental Protection.
This .new plan would still involve the development of the
hotel and restaurant; however, it would include two additional areas
to be included as part of the site plan, Area 8 (The Gatehouse) and
Area 12 (The Lagoon). Underthe present terms of the option
agreement, any request for extension of the 'option agreement beyond
September 1, 1978 shallbe for a three-month extension and must be
approved by a majority vote of the City Council upon payment of
$750.00.
IN CI%Y CWWIL
AUWS5 28,1978
363AP
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PASSED
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AMENDING ANO EXTENDING
THE OPTIONAGREEMENT
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FOR TME PVICHASE OP THE
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Introduced and filed by
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