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HomeMy WebLinkAbout2015-08-24 15-293 ORDERCOUNCIL ACTION Item No. 15-293 Date: August 24, 2015 Item/Subject: ORDER, Designating 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 designate Sheldon Hartstone as the tentative developer of 9.66 acres of City owned located on Odlin Road, Bangor designated on Attachment. Mr. Hartstone wishes to have 90 days to work with development partners on a possible project for this parcel of land, which he would negotiate to lease from the City if the project moves forward. If approved, this designation shall be in effect until November 25, 2015. During the period of designation, the City will deal exclusively with Sheldon Hartstone for the purpose of development of the City owned parcel of land. Additionally, City staff is authorized to negotiate a draft development agreement with Mr. Hartstone for the City Council's consideration setting forth the proposed terms and conditions under which the proposed development would be allowed to move forward. This item was reviewed and recommended for approval by the Business & Economic Development Committee at its August 18, 2015 meeting. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for X Passage _ First Reading Referral /s/ Tanya L. Emery Department Head 6:�I_ (Z"JJ City Manager Finance Director City Solicitor 15-293 AUGUST 24, 2015 -`� Assigned to Councilor Nealley ,of BA CITY OF BANGOR 'J'R4iE Def/ (TITLE.) ORDER, Designating 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, Mr. Sheldon Hartstone, along with others, has expressed interest in developing said parcel of City -owned 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 the City 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; and WHEREAS, it is in the best interest of the City to designate Sheldon Hartstone as "tentative developer" of the parcel of land on Odlin Road in order to allow 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, Sheldon Hartstone is hereby designated the tentative developer of the City owned parcel of land of approximately 9.66 acres located on Odlin Road, Bangor. This designation shall be in effect until November 25, 2015. 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 draft development agreement with Mr. Hartstone for the City Council's consideration setting forth the proposed terms and conditions under which the proposed development would be allowed to move forward. IN CITY COUNCIL AUGUST 24, 2015 MOTION MADE AND SECONDED FOR PASSAGE PASSED CITY CLERK .fan o. -M, - Illaine F IT -17�/T, N\ /TJ : -/ I