Loading...
HomeMy WebLinkAbout2015-02-23 15-098 ORDERCOUNCIL ACTION Item No. 15--o-9-8—) Date: February 23, 2015 Item/Subject ORDER, Designating .john Karnes Tentative Developer of the Former Pine Tree Inn — 22 Cleveland St. (Tax Map 001-017) Responsible Department: Community & Economic Development Commentary: This order would designate Mr. Karnes as "tentative developer" for the redevelopment of the building located at 22 Cleveland Street, Bangor, the former Pine Tree Inn. If approved, this order will grant Mr. Karnes exclusive status as developer of the site until May 29, 2015. During this period, Mr. Karnes and City staff would have an opportunity to negotiate and submit for the City Council's consideration a Development Agreement containing the terms and conditions under which Mr. Karnes would purchase the property and make improvements for its use as "extended stay suites". The Development Agreement will provide information sufficient in detail to outline the general scope of the improvements proposed and to convey to the City sufficient information to determine the level of investment and character of the work to be performed. This item was reviewed and recommended for approval by the Business & Economic Development Committee at its February 17, 2015 meeting. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for X Passage First Reading Referral s/ Tanya Emery Department Head City Manager tt�nce Director zl�m bty Solicitor Page _ of _ 15-098 FEBRUARY 23, 2015 Assigned to Councilor Nealley CITY OF BANGOR (TITLE.) ORDER, Designating John Karnes Tentative Developer of the Former Pine Tree Inn — 22 Cleveland St. (Tax Map 001-017) WHEREAS, John Karnes has submitted a proposal to the City for the purchase and redevelopment of the former Pine Tree Inn at 22 Cleveland Street; and WHEREAS, the City would designate John Karnes as "tentative developer" of the property; and WHEREAS,, the City has granted "tentative developer" status to potential developers on various City owned development sites in the past, thereby providing the developer and City staff" time to prepare a Development Agreement for the City Council's consideration and during which time the City agrees to deal exclusively with the designated tentative developer for the purpose for which tentative developer status was granted: NOW, THEREFOREE BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THATr John Karnes is hereby designated the tentative developer of the City owned, former Pine Tree Inn and land at 22 Cleveland Street, the exact boundaries of which to be negotiated, and that such designation is in effect until May 29, 2015. Mr. Karnes and the City will have until that time to negotiate the terms and conditions of a Development Agreement. During this period the City agrees to deal exclusively with Mr. Karnes for the purpose for which tentative developer status was granted, and City staff are authorized to negotiate a Development Agreement with Mr. Karnes for the City Council's, consideration setting forth the proposed terms and conditions for the development project, providing information sufficient in detail to outline the general scope of the improvements proposed and to convey to the City sufficient information to determine the level of investment and character of the work to be performed. IN CITY COUNCIL FEBRUARY 23, 2015 MOTION MADE AND SECONDED FOR PASSAGE PASSED CITY CLERK