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HomeMy WebLinkAbout1975-05-12 191 AC ORDER191 AC Introduced by Councilor sprite, Nay 12, 1975 (By Regaest) CITY OF BANGOR RIILEJ 1P/TUTi aucho i ing theAcceptance. of Title Bocameats to Beat Estate Fcnoerly Occupied by the Terrace Hotel I—— - ..... ...._.... ........._. ..__._1 1 ...... ........ .I _By Wf3ityC ail of Cihl ofBonper. THAT the City Manager is hereby authorized to execute and accept all necessary documents of title for purposes of completing .the acquisition by the City of the so-called Terrace Hotel property located on Columbia Street;. Bangor, Maine. STATHENT OF FACT: Nearly one year ago the City entered into negotiations for the purchase of the so-called Terrace Hotel property located on Columbia Street.Because of a variety of title problems, the transfer hoe been delayed. Recently, the City was advised that all title problems have now been cleaned up, and that the matter is in order for closing. IN CITY COUNCIL 191 AC May lz, 1915 RECEIVED Teased. 0 R 0 E R 1915 MAY-8 FM 3. 45 gEl Title, r cxxr cceev I CITY CLERK'S OFFICE Authozizing the Acceptance of Title _ ^fIY OF FIROOR, MAINE .. .. n . Documents to Real Estate Eocmsrl% I �� -t ....e.... Occupied by Attie Texeace Notal. � educed and filed by 4%� ��oun SLva