HomeMy WebLinkAbout2015-12-14 16-041 ORDERCOUNCIL ACTION
Item No. 1 - 41
Date: December 14, 2015
Item/Subject: ORDER, Authorizing Execution of Agreement with Stillwater Realty LLC for
Easement and Conveyance of Property on Odlin Road (approximately 2,700
square feet)
Responsible Department: Legal
Commentary: This Order will authorize the execution of an agreement to execute an
easement to Stillwater Realty LLC, to seek a release from the FAA to sell the property, and to
convey the property upon receipt of the release and in return consideration of $4,574 to be paid
upon execution of the agreement and easement.
Stillwater Realty LLC owns property abutting property owned by the City on Odlin Road. They
are requesting that the City sell them approximately 2,700 square feet of land on the easterly
side of their property to facilitate a development. Because the property is subject to Federal
Aviation Administration (FAA) restrictions, the City is not able to sell the property without
permission from the FAA. Understanding that it can take considerable time to get permission
from the FAA and wanting to avoid any delay of a project, an agreement to grant an easement
for the use of the property for the development and to convey the property upon receipt of
permission from the FAA will facilitate the development. This item was reviewed and
recommended for approval at the December 8, 2015 meeting of the Business and Economic
Development Committee.
Manager's Comments:
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
Passage
First Reading
Referral
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Page _ of —
City Manager
Finance Director
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I
RATED.
16-041
DECEMBER 14, 2015
Assigned to Councilor Nealley
CITY OF BANGOR
(TITLE.) ORDER, Authorizing Execution of Agreement with Stillwater Realty LLC for
Easement and Conveyance of Property on Odlin Road (approximately 2,700
square feet)
WHEREAS, Stillwater Realty LLC is the owner of a parcel of land on Odlin Road that it wishes to
develop; and
WHEREAS, the City of Bangor is the owner of land abutting the property of Stillwater Realty
LLC; and
WHEREAS, obtaining approximately 2,700 square feet of abutting land from the City of Bangor
would facilitate the development of the properly of Stillwater Realty LLC; and
WHEREAS, the property is subject to Federal Aviation Administration (FAA) restrictions, the City
is not able to sell the property without permission from the FAA; and
WHEREAS, an agreement between the City of Bangor and Stillwater Realty LLC to grant an
easement for the use of the property for the development and to convey the property upon
receipt of permission from the FAA will facilitate the development; and
WHEREAS, the fair value of the property that would be conveyed to Stillwater Realty LLC is
$4,754.
4
That Catherine M. Conlow, City Manager, is hereby authorized on behalf of the City of Bangor,
in consideration of $4,754 to execute an agreement with Stillwater Realty LLC. Said agreement
shall provide for an easement to Stillwater Realty LLC for the use of approximately 2,700
square feet of land abutting its Odlin Road property for the purpose of development; shall
provide that the City of Bangor shall seek a release from the FAA in order to convey the
property; and shall provide that the property shall be conveyed to Stillwater Realty LLC upon
receipt of the release. The easement and agreement shall be in a final form as approved by
the City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
DECEMBER 14, 2015
PASSED
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CITY CLER