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HomeMy WebLinkAbout2013-07-08 13-240 ORDERCOUNCIL ACTION Item No. 13-240 Date: July 8, 2013 Item/Subject: ORDER, Authorizing Acceptance of Deed from Kathryn Walker for 177 Pearl Street, Bangor, Maine Responsible Department: Legal Commentary: Kathryn Walker is the owner of property located at 177 Pearl Street. Property taxes on the property have not been paid for a number of years and the owner has contacted the City with an offer to convey the property to the City for the outstanding obligations. The City has the option of foreclosing on the property because of the mature tax liens and taking possession. However, in the case of tax acquired property those who have an interest in the property have 15 years to challenge the process. This negatively impacts the value of the property. When an owner conveys the property to the City, the City gets clear title to the property eliminating the problem with the title. This Order, if approved, will authorize the acceptance of a deed from Kathryn Walker to the real estate located at 177 Pearl Street in consideration of the outstanding obligations due the City. The Finance Committee recommended approval at its July 1, 2013 meeting. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for V Passage First Reading Referral Department Head City Manager Finance Director Page _of_ Solicitor �rt 13-240 JULY 8, 2013 Assigned to Councilor Nealley Jt!; ,o CITY OF BANGOR 0 � 1E .1 R4DfE r i (TITLE.) ORDER, Authorizing Acceptance of Deed from Kathryn Walker for 177 Pearl Street, Bangor, Maine WHEREAS, the City of Bangor has placed several liens on the property of Kathryn Walker located at 177 Pearl Street; and WHEREAS, several of the liens have matured; and WHEREAS, Kathryn Walker has offered to convey the property at 177 Pearl Street to the City in consideration of the amount of the property tax obligations due the City; and WHEREAS, it is in the best interest of the City of Bangor to accept the deed rather than foreclose on the property by virtue of the matured liens in order to have clear title. By itie City Couno/ of the City of Bangor: ORDERED, THAT Catherine M. Conlow, City Manager, is hereby authorized on behalf of the City of Bangor to accept a deed of conveyance from Kathryn Walker for the real estate located at 177 Pearl Street in consideration of any outstanding financial obligations due the City of Bangor. Said deed shall be in final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL July 8, 2013 Motion Made and seconded for Passage Pa ed 1 �7 CITY CLERK