HomeMy WebLinkAbout2016-08-22 16-324 ORDERCOUNCIL ACTION
Item No. 16-324
Date: August 22, 2016
Item/Subject: Order, Designating CMI Inc. Tentative Developer of a Portion of a Lot of
Land on Maine Avenue and Union Street — 511 Maine Avenue (Map 001- Lot 001-W)
Responsible Department: Legal
Commentary: This Order, will grant CMI Inc. of Bangor Maine, tentative developer status for
the development of up to 2.5 acres of land located at 511 Maine Avenue which also abuts Union
Street. The City of Bangor is the owner of a parcel of land abutting our bus and fleet operations
on Maine Avenue. CMI Inc. has proposed to develop the property located at 511 Maine Avenue
into office space. To do so, CMI is requesting tentative developer status to provide time to
complete due diligence. The City has granted "tentative developer" status to potential developers
on various City owned development sites in the past which will allow the City time to prepare a
development agreement for the City Council's consideration. By granting tentative developer
status, the city agrees to deal only with CMI inc. for the duration of the agreement. This item
was reviewed in executive session on August 8, 2016.
Department Head
Manager's Comments: ali f�q �",
City Manager
Associated Information:
Budget Approval:
Finance Director
Legal Approval:
ity of itor
Introduced for
Passage
First Reading Page _ of _
Referral
16-324
AUGUST 22, 2016
Assigned to Councilor Graham
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(TITLE.) Order, Designating CMI Inc. Tentative Developer of a Portion of a Lot of Land
on Maine Avenue and Union Street — 511 Maine Avenue (Map 001- Lot
001-W)
WHEREAS, The City of Bangor is the owner of a parcel of land abutting Maine Avenue and
Union Street; and
WHEREAS, CMI Inc. has proposed to develop said property; and
WHEREAS, development of the parcel is in the best interest of the City of Bangor; and
WHEREAS, the City has granted "tentative developer" status to potential developers on
various City owned development sites in the past, thereby providing the developer and the City
time to prepare a development agreement for the City Council's consideration and during which
time the City agrees to deal exclusively with the designated tentative developer for the purpose
for which tentative developer status was granted; and
WHEREAS, it is in the best interest of the City to designate CMI Inc. as "tentative developer"
of a portion of land on Maine Avenue and Union Street in order to allow time for the City and
CMI Inc. to negotiate a development agreement for consideration by the City Council.
NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR
THAT,
CMI Inc. is hereby designated the tentative developer of a portion of the City owned property
abutting Union Street and Maine Avenue with an address of 511 Maine Avenue (Map 001, Lot
001-W). This designation shall be in effect until October 31, 2016. During the period of
designation, the City agrees to deal exclusively with CMI Inc. for the purpose for the
development of a portion of the City owned property abutting Union Street and Maine Avenue
with an address of 511 Maine Avenue (Map 001, Lot 001-W) and City staff is authorized to
negotiate a development agreement with CMI Inc. for the City Council's consideration setting
forth the proposed terms and conditions under which the proposed development would be
allowed to move forward.
IN CITY COUNCIL
AUGUST 22, 2016
CO 16-324
PASSED
CITY CfERK