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HomeMy WebLinkAbout2013-08-12 13-268 ORDERCOUNCIL ACTION Item No. 13-268 Date: August 12, 2013 Item/Subject: Order, Authorizing the Waiver of Building Fees for the Reconstruction of Cameron Stadium Responsible Department: Executive Commentary: This order will waive all fees for building permits owed to the City for the reconstruction of Cameron Stadium except for those fees that are required to be paid to the State. In June, the City Council approved approximately $1.2 million in general obligation bonds for the purpose of reconstructing Cameron Stadium. As repayment of the bonds is from property taxes, it is not practical to charge additional fees from the bond proceeds to support City operations. Manager's Comments: Associated Information: Bid Tabulation Budget Approval: Legal Approval: Introduced for X Passage - Consent First Reading Referral Department Head �l Q City Manager Finance Director Page _ of _ Assigned to Councilor Nealley CITY OF BANGOR 13-268 AUGUST 12, 2013 (TITLE.) Order, Authorizing the Waiver of Building Fees for the Reconstruction of Cameron Stadium WHEREAS, The City of Bangor will issue approximately $1.2 million in general obligation bonds for the reconstruction of Cameron Stadium; and WHEREAS, The bonds are to be repaid from property tax revenues; and WHEREAS, It is necessary to obtain appropriate permits for construction of these facilities; and WHEREAS, The City charges a fee for permits; and By the City Council of the City ofBangor: ORDERED, THAT, all fees for building permits due to the City for the rehabilitation of Cameron Stadium shall be waived, except for those owed by the City to the State of Maine. IN CITY COUNCIL August 12, 2013 CITY CLERK