HomeMy WebLinkAbout2022-12-28 23-039 OrderCITY COUNCIL ACTION
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AMENDMENT OF LEASE AGREEMENT
THIS AMENDMENT OF LEASE AGREEMENT made and entered into as of the
day of September, 2022, by and between SCHOOLHOUSE HOUSING PARTNERS LP,
a Maine limited partnership with a mailing address of One City Center, Fourth Floor, Portland
Maine 04101 ("Lessee") and the CITY OF BANGOR, a Maine municipality with a mailing
address of 73 Harlow Street, Bangor Maine 04401 ("Lessor").
WITNESSETH:
WHEREAS, the City of Bangor and Bangor Development Associates Limited
Partnership (`BDA") entered into a Lease Agreement dated August 31, 1984, as amended
through the Third Amendment thereto dated June 4, 2009 (collectively the "Lease")pursuant to
which the City leased to BDA 22 parking spaces as more particularly described in the Lease; and
WHEREAS, BDA assigned its interest in the Lease to Lessee pursuant to an Assignment
and Assumption of Lease Agreement dated November 23, 2021 (the "Assignment"), as recorded
in the Penobscot County Registry of Deeds in Book 16285, Page 321; and
WHEREAS, Lessor and Lessee both wish to amend the Lease pursuant to the terms of
this instrument.
NOW THEREFORE, in consideration of the mutual covenants and promises hereinafter
set forth, Lessor and Lessee agree as follows:
1. "Premises" as described in Article I of the Lease, is hereby deleted and the
following inserted in its place:
� A certain lot or parcel of land in the City of Bangor, Penobscot County, Maine, located
southeasterly of Cumberland Street and northwesterly of Spring Street, consisting of 22 spaces in
the Atler Parking Lot, on a�ortion of Lot 62 on Citv of Ban�or Tax Ma� 40, and being more
particularly described and identified as "Lease Area" on the attached Plan (the "Plan"); the Lease
Area havin�been acqiiired bv Lessor bv deeds recorded in the Penobscot Coiintv Re�istr�f
Deeds in Boolc 1410, Pa e� s 244, 247, 2.50, 2.53 and 2.56, and deed recorded in said Re�istry of
Deeds in Boolc 3206, Pa�e 28.
2. The Exhibit AA of the Lease is hereby deleted, and the Plan inserted in its place.
3. The Exhibit A of the Lease is hereby deleted.
4. The Lease, as modified by Sections l, 2 & 3 above, remains in full force and
effect, and the parties hereby ratify and affirm their respective obligations thereunder. This
Agreement may be executed in counterpart originals.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to Lease
Agreement as of the date first written above.
WITNESS: CITY OF BANGOR, Lessor
By:
Name:
Its:
STATE OF MAINE
, SS September , 2022
PERSONALLY APPEARED the above named ,
of the City of Bangor as aforesaid, and acknowledged the foregoing
instrument to be his or her free act and deed in his or her said capacity and the free act and deed
of the City of Bangor.
Before me,
Notary Public/Attorney at Law
Print name:
My commission expires:
[remainder of page left blank intentionally signatures continue on next pageJ
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment to Lease
Agreement of the date first written above.
WITNESS: SCHOOLHOUSE HOUSING PARTNERS
LP, Lessee
BY: CHOM Development Corporation,
its General Partner
By:
Cullen Ryan, its Executive Director
STATE OF MAINE
, SS September , 2022
PERSONALLY APPEARED the above named Cullen Ryan, Executive Director of
CHOM Development Corporation, General Partner of Schoolhouse Housing Partners LP
aforesaid, and acknowledged the foregoing instrument to be his free act and deed in his said
capacity and the free act and deed of said entities.
Before me,
Notary Public/Attorney at Law
Print name:
My commission expires:
O:\CHOM(16577)\Bangor Schoolhouse(328)\Transfer documentsWmendment to City Parking Lease.docx
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IN CITY COUNCIL
DECEMBER 28, 2022
CO 23-039
Passed
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CITY CLERK