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HomeMy WebLinkAbout2015-02-23 15-099 ORDERCOUNCIL Item No. Date: February 23, 2015 ,099 Item/Subject: Order, Sale of Vacant, City -Owned Property at 11 and 15 Field Street (Tax Map 037-060 and 037-061) Responsible Department: Community & Economic Development Commentary: In January 2014, the City acquired properties located at 11 and 15 Field Street for back taxes owed. These lots formerly contained a blighted single family home which was demolished and cleared in December of 2014 using Community Development. Bloch Grant (CDBG) funding. Wesley and Collen Detour, whose property at 38 Princeton Street abuts the Field Street property, responded to a City request to abutters for purchase offers of the property. The agreed upon sale price of the property is $20,000 with the proceeds going to the Community & Economic Development Department to reimburse for property expenses previously paid. At closing, a development agreement shall be signed stating that a Certificate of Occupancy for a new single family home located on the property shall be obtained prior to three (3) years from the date of closing. This item was reviewed and recommended for approval by the Business & Economic Development Committee at its February 17, 2015 meeting. s TanTany@ Eme Department Head Manager's Comments: City Manager Associated Information: Budget Approval: Legal Approval: Introduced for X,_, Passage First Reading Referral Finance Director Solicitor Page of 1.5-0" FEBRUARY 23, 2015 Assigned to Councilor Civiello CITY OF BANGOR (TITLE.) ORDER, Sale of 11 and 15 Field Street, Bangor (Tax Map 037-060 and 037-061) WHEREAS, the City owns a vacant piece of property located at 11 and 15 Field Street; and WHEREAS, the Abutters of 11 and 15 Field Street have made an offer of $20,000 for purchase of the property; and WHEREAS, the purchase price offered was found to be acceptable by the City; and WHEREAS, the Community & Economic Development Department has paid all property expenses since the City acquired the property: BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR, THAT The City Manager is hereby authorized to execute purchase and sale documents for the property located at 11 and 15 Field Street, Bangor as well as a development agreement stating a Certificate of Occupancy for a single family home to be constructed on the property shall be obtained within three (3) years of the date of closing. The proceeds of the sale shall reimburse the Community & Economic Development Department for property expenses previously paid. IN CITY COUNCIL FEBRUARY 23, 2015 MOTION MADE AND SECONDED FOR PASSAGE PASSED CITY CLERK