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HomeMy WebLinkAbout1970-11-23 38-Y ORDER38-Y Introduced by Councilor Mooney, NOV, 23, 1970 8M ry4p CITY OF BANGOR (TITLE.) V)YTU> TTp.... Purchase and Sales Agreement - Old City .Hospital wCoMS, on June 8, 1970 the City Council of the City of Bangor by Council Order No. 201-% authorized the City Treasurer to execute cute and deliver a e agreemnt to David R. Tibbetts for the purchase and Sale of the Did City Hospital, so called; and WHERIAS, circumstances beyond the control of the City of Bangor and said David R. Tibbetts dictate amendment of said agreemenp NOW, THEREFORE, by the City Council of the City of Bangor, ORDERED: THAT the City Manager of the City of Bangor is hereby authorized to execute an amendment to said agreement as follows: Paragraph 4(a) "The Purchaser agrees not to convey, assign or otherwise transfer any interest he may acquire by this agree- ment or the conveyance of said property except for purposes of real estate mar LRaRe financing the purchase of said property and say improvements therein for a period Of five (5) years cormsprocung on the day of , 1970, and terminating on the day of , L975, without the prior written consent of the City of Bangor." Paragraph 6 On or before June 1, 1971 the City of Bangor agrees to supply to the Purchaser an Abstract of Title for said property. 38-Y ORDER IN CITY COUNCIL 23, 1970 Title, PASS® Purchase S Sales..Ye...emelt - Old ................. .............. CITY C L ASPY. Npspipai......................... Introduced and filed by �.. ........ ........... .. oilman