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HomeMy WebLinkAbout2015-11-09 16-008 ORDERCOUNCIL ACTION Item No. 16-008 Date: November 9, 2015 Item/Subject: ORDER, Authorizinq Execution of Documents for the Sale of 130 Thirteenth Street . (Map 012 Lot 052) to James Gallant, JD Contracting, in the Hmount of $10,500 Responsible Department: Finance Commentary: The above referenced property was taken by the City due to matured tax liens and based on its condition was offered for sale through the RFP process. On October 21, 2015, the City received four (4) responses to its RFP. Purchase prices ranged from $4,000 - $10,500. The proposal clearly stated that the property would be sold as -is where -is, that only a municipal quitclaim deed would be issued and required that the submission of a planned use, timeline and proposed investment level. At the November 2, 2015, the Finance Committee reviewed and recommended for approval staff recommendation is to accept the offer of $10,500 from JD Contracting, a subsidiary of Bangor Lawn and Landscape. The proposal included a plan to upgrade the heating, electric, and plumbing, to replace the roof, windows and siding, demolish the existing garage and construct a new one care garage with a master suite on the second floor of that structure. The estimated overall investment is $38,600 and the proposed timeline would be completion by April 2016. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for X Passage First Reading Referral Department Head Page _ of _ City Manager Finance Director Solicitor 16-008 NOVEMBER 9, 2015 Assigned to Councilor Sprague CITY OF BANGOR (TITLE.) ORDER, Authorizing Execution of Documents for the Sale of 130 Thirteenth Street (Map 012 Lot 052) to .lames Gallant, JD Contracting, in the Amount of $10,500 BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT The City Manager is hereby authorized, on behalf of the City of Bangor, to execute an Agreement, and all other necessary documents, for the sale of real estate located at 130 Thirteenth Street to lames Gallant, 3D Contracting, in the amount of $10,500. Said documents shall be a final form as approved by the City Solicitor or Assistant City Solicitor. IN CITY COUNCIL NOVEMBER 9, 2015 PASSED C'�I4TYE�e