HomeMy WebLinkAbout1975-10-06 372 AC ORDER372 AC
Introduced by Councilor Speirs, october 6, 1975
CITY OF BANGOR
(TITLE) (orba Nonce of TecminotAan of ADfriad. Management. Agraemanl ..........
Dated A2 rat 11, 1972 to be effective December 1, 1975
By Go Citi Cauaeiif of W City Of Damage:
DEDEEEDr
TUT The attached letter be sent to Depositors Trust Company
giving. M -day written notice of termination of the alleged Management
Agreement, dated August 11, 1972, to be effective December 1, 1975,
_, signed by the City Manager and approved by the City Council.
IN CITY COUNCIL
cct� 6, 1975
PasSed
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3]2 AC
&S
ORDER
Title,
RE F,IV EO
..N9tice. 9f. Tvrrin249P. 9€. A3?9a9V.... CITY OF 8A00R
emeet reaoreat Dacea Aaaryst u, CITY GiERK'S OFFICE
euna9.....f5.................... ] f
1972 to be effective Decembae 1, 1975. SIS 043 3 P% 3 OB
Introduced and filed by
Bangor, Maine New England Orowth Center
(JiN of Caingot, 41oote
EXECUTIV9 DEPARTMENT
October 1975
Depositors Trust Company
286 Water Street
Augusta, Maine 04330 -
Attention: Mr. Carlton McGary, President.
Re: Trans -East Air, Inc.
Gentl4lEn: :
Reference is hereby made to my letter of June 23, 1975, addressed to you and
approved and endorsed in writing by eight of the nine members of the City
Council of the City of Bangor. - -
The City of Bangor hereby reaffirms the statements, positions, notifications,
decisions, and actions set forth therein. The City of Bangor, by reason of
a series of Orders of the Bankruptcy Court culminating in that Court's Order
dated October 1, 1975, hereby notifies the Depositors Trust Company that
to the extent that any further notice is necessary, the Beek shall consider
this letter as the 38 -day written notice of termination of the alleged
Management Agreement, dated August 11, 1972, to be effective December 1, �'-
1975. 1
_
In addition, the City Council notifies Depositors Trust Company that it will
hold the Bank responsible for all damages sustained by the City as a result
of the Seek's conduct. -
Very truly yours,
Merle F. Goff, City Manager
MFG/hp
cc: Edward H. Keith, Esq. - - -
The undersigned hereby consent to and approve the attached
one-page letter.
DATE:
BANGOR CITY COUNCIL