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HomeMy WebLinkAbout2016-01-25 16-066 ORDERCOUNCIL ACTION Item No. -16-066 Date: January 25, 2016 Item/Subject: ORDER, Extending the Designation of Sheldon Hartstone as Tentative Developer of a Parcel of City -Owned Land — Map 001 Lot 134 and a Portion of Map 001 Lot 001 Responsible Department: Community & Economic Development Commentary: This Order, will extend the designation of Sheldon Hartstone as the Tentative Developer of a City owned parcel of land of approximately 9.66 acres located on Odlin Road, Bangor until April 11, 2016. Mr. Hartstone and City staff have requested additional time to negotiate a development agreement for the City Council's consideration setting forth the proposed terms and conditions under which the property would be leased and developed. This item was reviewed and recommended for approval by the Business & Economic Development Committee at its January 19, 2016 meeting. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for X Passage _ First Reading _ Referral /s/ Tanya L. Emery Department Head W ' City "Manager kQittuJ� Finance Director icitor 16-066 JANUARY 25, 2016 Assigned to Councilor Graham �i �pf 84,y'A CITY OF BANGOR o`F 6• T E D. FE (TITLE.) ORDER, Extending the Designation of Sheldon Hartstone as Tentative Developer of a Parcel of City -Owned Land — Map 001 Lot 134 and a Portion of Map 001 Lot 001 WHEREAS, the City of Bangor is the owner of a parcel of land of approximately 9.66 acres located on Odlin Road, Bangor, described as Map 001 Lot 134 and a Portion of Map 001 Lot 001; and WHEREAS, the Bangor City Council on August 24, 2015 approved Council Order 15-293 designating Sheldon Hartstone as Tentative Developer of said parcel; and WHEREAS, the Bangor City Council on November 23, 2015 approved Council Order 16-018 extending the designation of Sheldon Hartstone as Tentative Developer of said parcel until January 29, 2016; and WHEREAS, Mr. Sheldon Hartstone has actively pursued commercial development opportunities for the parcel and has identified several interested parties; and WHEREAS, it is in the best interest of the City to extend the designation of Sheldon Hartstone as "Tentative Developer" of the parcel of land on Odlin Road in order to allow additional time for the City and Mr. Hartstone and his partners 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, The designation of Sheldon Hartstone as Tentative Developer of the City owned parcel of designated land of approximately 9.66 acres located on Odlin Road, Bangor is extended until April 11, 2016. During the period of designation, the City agrees to deal exclusively with Mr. Hartstone and his partners for the purpose of development of the City owned parcel of land, and City staff is authorized to negotiate a Development Agreement with Mr. Hartstone for the City Council's consideration setting forth the proposed terms and conditions under which the property would be leased and developed. IN CITY COUNCIL JANUARY 25, 2016 PASSED CITY CLERK