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HomeMy WebLinkAbout1974-04-22 139 AB RESOLVE139 A6 Introduced by Cwncilor Deportee, April 22, 1974 CITY OF BANGOR (TITLE) �(¢sp* eroviding.for Additf_onal_ Funding. for the, Construction of an International Arrivals Building - Bangor International Airport -__ _____. ............ _.. _. _.... ___.... RESPR13RRd WHEREAS, the present facilities for handling aircraft passengers and Argo in international transit at Bangor InternationaI Airport a wholly inadequate for the proper and efficient operation of the Airport; and WWRBAS, it is deemed advisable and in the beet interests of the public and the inhabitants of the City of Bangor that a new international arrivals building be constructed at said Airport; and WHEREAS, funds totaling $1,786,000 have been raised or otherwise dedicated for such purposes; and WHEREAS, it has been determined that said building will coat an estimated $2,566,000, leaving an estimated deficit of $780,000 from funds already raised or dedicated for such purposes; and WHEREAS, additional funds my be available from sources outside of the City in the amount of $400,000 for purposes of meeting said deficit; and WIERBAS, it is necessary for the City to raise an additional $380,000 for purposes of meeting its share of said deficit; and WHEREAS, said additional City funds may not be needed Until the year L975, NOW, THEREFORE, By the City Council of the City of Bangor: RESOLVED, THAT it is hereby deemed to be in the beat interests of the public and of the inhabitants of the City of Bangor to construct a new international arrivals building at Bangor International Airport, and fee that purpose it will be necessary for the City to borrow $380,000 and in evidence thereof issue bonds of the City; and Be it further RESOLVED, THAT the City Council hereby declares and agrees, for and on behalf of said City and its inhabitants, to provide for and borrow and issue bonds therefor during the years 1974 or 1975, a assembled by the Finance Committee of the City Council, a Amount not toexceed $380,000 for purposes of c netructfng a new international arrivals building at Bangor International Airport on such terms and conditions as my be deemed necessary and proper by tie Bangor City Council. 139 B IN CITY COUNCIL April 22, 1979 �EC EIVED PASSED. R E S O L V E L Prov. for Addit F ding for Const. of MT+ APR 19 AK 8:20 cxxx cL Interna. Arrivals Bldg-BIA CITY CLERK'S OFFICE CITY nF 9ANGOF. MAINE