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HomeMy WebLinkAbout2016-06-13 16-243 ORDERCOUNCIL ACTION Item No. 16-243 Date: June 13, 2016 Item/Subject: ORDER, Authorizing Execution of Documents for the Sale of a Portion of Map -Lot 043- 040 and 026-088 to 77 Hampden Road, LLC and Sleeper & Thareja, LLC Responsible Department: Community and Economic Development Commentary: This Order will authorize the execution of documents between the City of Bangor and 77 Hampden Road, LLC and Sleeper & Thareja, LLC for sale of a portion land located at Map -Lot 043-040 and 026-088. Dave Sleeper on behalf of 77 Hampden Road, LLC and Sleeper & Thareja, LLC, has requested to purchase a portion of the City's waterfront drive access abutting their properties located on the corner of Main and Lincoln Streets. If approved, the property will be sold for $31,000, which the City has determined to be the total value of the property, and used to enhance the development potential of the two abutting properties. This was item reviewed and approved by the Business and Economic Development Committee on April 5, 2016. Tanya L. Emery Department Head Manager's Comments: Associated Information: Budget Approval: Finance Director Legal Approval: Introduced for X Passage First Reading Referral Solicitor Page i of _1_ Assigned to Councilor Graham CITY OF BANGOR 16-243 JUNE 13, 2016 (TITLE.) ORDER, Authorizing Execution of Documents for the Sale of a Portion of Map -Lot 043-040 and 026-088 to 77 Hampden Road, LLC and Sleeper & Thareja, LLC WHEREAS, the City of Bangor, Maine is the owner of land located behind Main and Lincoln Streets in Bangor, County of Penobscot, State of Maine; and WHEREAS, David Sleeper, owner of 77 Hampden Road, LLC and Sleeper & Thareja, LLC, wishes to acquire additional land adjacent to his existing parcels on Main Street; and WHEREAS, the City and Mr. Sleeper have negotiated terms under which the land can be sold to 77 Hampden Road, LLC and Sleeper & Thareja, LLC. NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR, That Catherine M. Conlow, City Manager, is hereby authorized on behalf of the City of Bangor to execute the necessary documents to sell portions of Map -Lot 043-040 and 026-088 described in the attached exhibits for the price of $31,000. Said documents shall be in final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL JUNE 13, 2016 PASSED CITY CLEkk GRID NORTH, MAINE STATE COORDINATE SYSTEM Of� 1927, EAST ZONE / / / / / / / / / N-~ ~��� PROPERTY BOUNDARY SURVEY DIVISION OF PRO ERTY OF THE CITY OF BANGOR PENOBSCOT COUNTY REGISTRY OF DEEDS VOLUME 6248, PAGE 330 LINCOLN STREET&WATERFRONT BANGOR, MAINE ISLA �:AY _3 ` ^