No preview available
HomeMy WebLinkAbout1974-02-11 83 AB ORDER83 AB Introduced by Councilor Mooney, Cebsuary 11, 1974 CITY OF BANGOR (TITLE.) (Prberf. Authorizing City Manager to Execute.. Agreement Relating to Perry Road Sanitary Sewer By the Casty Conwell of dw City of Bangor: ORDERED, THAT the City Manager is hereby authorized and directed to execute an agreement, a copy of which is attached hereto and made a part hereof, on behalf of the City of Bangor with the Economic Development Administration, United States of America, providing for the City's retention of title to the project facilities, said project being commonly known as the "Perry Road Sanitary Sewer" (DDA Project No. 01-1-00454). 83 AS IN CITY COUNCIL RLC EIV�—p February 11, 1974 0 A D E R 4q PASSED. s MIA fED -7 Ow TIC Title, CITY ie CITY CLERK S OFf ICE .gu[n„gFFY."^?R..44.Pi4WFE.MIL..REICA CIIV OF 9"N'^e MUNE to Perry RL. Senit92 seer ...................................... �y(\SjKwItntroduced and filed by V � Councilman A GHEEMENT Thio Agreement mein this day of 19_, by end between nos of H man" Whose address is , (hereinafter With Ste sucaeseoxe end aenigna called the "Undersigned"), end the NCONOMIC DMLOPMNNT A MIBTRATION, OWNED BTAMB OF AMERICA, wMse address in Main Commerce building, Washington, D.C. 20230 (hereinafter with its successors end Resigns called "EDA")f WHEREAS, puraaent to application designated as EDA Project 60.01-01-0045L , request was made by the Undersigned for financial assistance purnuant to the Public Works end Economic Development Act of 196$ (P.L. 89-136; D.S.C. 3121, at eeq.); and WBBOEAS, by Offer of Grant dates May 7 1971_t EM offered a grant in the amount of 6 76,500-00 to the Underpinned to assist in financing the construction Of never and sewage Works hereinafter called the "Project Facilities" in Ba+uror. Maine the location of which is more particularly described in Exhibit "A" which is attached hereto and made a pert hereof, all or part of which Project Facilities Will be to the use and benefit of the real property described In said Exhibit "A"; and WHEREAS, on Nay I , 19_L1_, , the Undersigned accepted the Offer of Grant suDjeet to the "Standard Terme and Conditions" incor- porated therein by reference; and WHEREAS, puraoant to the aforesaid "Standard Terme and Conditions" and by virtue of its acceptance of the Offer of Grant, the Undersigned covenanted aril agreed that It, o csatisfactory to EDA, will retain title to the project Facilities £oretheir useful life and that the Project Facilities will be devoted to public purpose; and WHEREAS, it is desirable that the Undersigned's c verant be recorded in the appropriate public records affecting real property In Penobscot , and thereby constitute notice to all persona of restrictions on title to and use of the Project Facilities; NOW, THERRIXUM, inconsideration of financial assistance rendered and/or to be rendered by EDAand to assure that the benefits of the Project Facilities Will accrue to the public as intended by both EDA and the Undersigned, the Undersigned hereby covenants and agrees as follows: 1. That, the Undersigned will retain its title to the Project Facilities and its title to the real property upon which said Project Facilities are located, which real property is described in EAubit "A" attached hereto sad made a part hereof for and during the useful life of the Project Facilities as determined by "EDA": 2. TMt during the useful life of the Project, the Project Facilities will be held for and be devoted to public purposes only; and 3. That the coverarts sad restrictions herein contained shall be real covemats and shall run with the land described in Exhibit "A" hereto; provided, however, that the Undersigned man, at its sole option, terminate the aforesaid covenants and restrictions at any time after the expiration of the useful life of the Project; provided further, however, that prior to the expiration of said term the covenants and restrictions may be ter- minated only With the prior Written consent of M. M WITNESS �F, the Undersigned has hereunto set its hand as of the day and year first above written by its duly authorized officer. (BEALi CITY OF &+Nf,ON Grantee/Bolmower ATTEST: BY: Title: CITY R4NACEP (Auehcriaed _ Title:Representative W SSES: ECOAOMiC D'E{�'V/GE/L,OAdvNT AII4NISTEATION MT�ATF�QF AMERICA By NN E. Co GAN, Director Atlantic gional Office CWCNWEADTN OF PENNSYLVANIA: 55 PN 14 I COCNTY OF p i dey ND✓ before seg a (h: this / pe Notary PbbIjC� pereorally eppeaxed g;ION JOEN E. COARIGANj RFXi20NAL DIRECTOR Atlantic Regional Office: Ecommic Development Administrakfont United States of America, buown to me to be the person described in the foregoing instrument, and acimewledged that he executed the mase in the capacity therein stated and for the purposes therein containedP and that he Se duly authorized to execute. % iw NG G= UNDER M NAND AND SEAL this adv of 19L. WrArl FOBLTO -`, �i PUSLIG n, ;eJ MY .,.... on aVov 0.a�ei .ItlG