HomeMy WebLinkAbout1974-11-25 21-AC ORDERIntroduced by Councilor Mooney, November 25, 1974 CITY OF BANGOR Rmu 0rbert.....AutM10 1 Img L se of Urb & eval P perry for a Parkin., _. ... ......... By iM Cita Cwtuvd of the My of Bmrour: OEDEEEUt THAT the City Manager is hereby authorized and directed to take all necessary action to provide for the lease from the Urban Renewal Authority of land Located on Broad Street for purposes of providing temporary public parking in the downtown area, a copy of said Lease being attached hereto and made a part hereof. 21 AC IN CITY COUNCIL November 25, 1974 - - Passed. - O R D E R V' CITY C - Title, NAInr.. Leaee. PA U;, R.. Prep;, foe, P.... Ppel¢; g Area, r. Aro A SL ............... Introduced and filed by - � \"�v •v�fLnan RECEIVED M?4 ACV 19 !P. 2:20 CITY CLEWS OFFICE [ITY Of SANOOR, MAI4E L RASE This Lease made and entered into this day of 1974, by and between the Urban Renewal Authority of the City of Bangor (Lessor) and the City of Bangor (Leese¢). (1') Iv consideration of the rents and the covenants herein contained on the part of the Lessee to be paid, performed and observed, Lessor hereby leases to Lessee and the Lessee hereby Leases from Lessor, subject to the terms and conditions hereinafter set forth that certain Lot or parcel of land located in downtown Bangor, Penobscot County, State of Maine, to wit: Beginning at the intersection of the northerly right-of-way line of Water Street and the westerly line of Rendus keag Plaza at coordinates N 352324.68, E 429834.23, based on the Maine State Coordinate System East Zone( thence north 12°- 26'-40" west along the westerly Line of geoduakeag Place for a distance of 274.95 feet to a point, said point being on the southerly Line of the proposed Pedestrian Walkway{ thence south 73--31'-L4" west along the southerly line of the pro- posed Pedestrian Walkway for a distance of 265.99 feet to the easterly line of a new right-of-way, to be known as Merchant's Plaza; theme south 17°-09'-36' west along the easterly line of said Merchant's Plaza for a distance of 186.52 feet to the northerly right-of-way line of Water Street; thence South 800- 081-10" east along the northerly right-of-way line of Water Street for a distance of 269.56 feet to a point; thence continuing along said northerly right-of-way line of Water Street on a bearing of N J3--49'-50" exec for a distance of 110.21 feet to the point of beginning. (2) Lessee shall pay the rental of $1.00 on the date of the execution of this lease and $1.00 on the anniversary date thereafter. The payment of $1.00 is hereby mknowledged. The lease Is to be on a month to month basis with Lessor and Lessee each having the right to cancel said lease upon giving thirty days notice in writing to the respective party. Eventhough the cons iteration of said lease is to be paid yearly, it is understood and agreed by the Lessor and Lessee that the lease is on a month to month basis as aforesaid. (3) Lessee shall use said leased land as a public parking lot only unless Lessee in writing request an additional use or uses of Lessor, with said additional we or uses not to be unreasonably withheld by Lessor. (4) Leasee hereby takes the leased area in an as is" condition and promises to provide and maintain all parking signs in the leased area and shall keep the leased area free and cleat of all dirt, trash, snow, refuse and other matter and in general shall keep the leased area an aclean and sanitary condition. (5) Leasee agrees not to assign or sublet the leased area without the consent of Lessor. Lessee agrees to furnish all utilities that are to be geed in the leased area. (6) Leasee shall at its own expecte and at all times during the term of this lease obtain and secure for its protection public liability insurance in the amount of $300,000/$500,000 and property damage insurance in the amount of $25,000. Lessee agrees to hold harmines the Lessor from an'ig)and all claims for injury or damages arising out of or to connection with itelfperatiou of the parking lot. Evidence of insurance and notice of cancellation shall be furnished to Lessor. (7) It is understood by the Lessor and Lessee that Lower in actively engaged in developing the leased area for commercial we and in connection therewith Lessee hereby consents and authorizes the Lessor to permit developers to make soil teats, locate and park equipment on a portion of all of the leased area, and do such other acts that are customary in the development of property, if the developer believes this to be necessary. Lessee further agrees that it shall in no way look or seek compensation f5® Lessor for any and all injury and damage caused by any Inconvenience or inability t0 ase said area in conjunction With the development thereof. IN WITNESS WfE3REOF the Lessor and Lessee have hereunto set Its hands and seals by its respective representatives thereto the day and year above written. Witness ARRAN RENEWAL AUTWRICY OF THE CITY OF BANGOR CITY OF BANGOR