HomeMy WebLinkAbout2012-01-23 12-073 ORDERCOUNCIL ACTION
Item No. 12 073
Date: January 23, 2012
Item/Subject: Order,Authorizing Option Agreement for Development of Bangor Waterfront Property
with TIMKA, INC. dba Geaghan's Pub
Responsible Department: Community & Economic Development
Commentary:
This Order would authorize an agreement with TIMKA, INC. represented by Larry and Peter Geaghan
and doing business as Geaghan's Pub at 570 Main Street, granting them an Option to purchase and
develop approximately 8,920 square feet of City land at the entrance to what was once the Maine
Central Railroad roadhouse property. Geaghan's Pub is an existing, well established business that has a
need for additional land to provide for the business expansion. TIMKA would use the land to create 25
additional parking spaces that would lead to additions to its brewing operation, bottling area, small
merchandise area, tasting area to the brewery, seating area for the restaurant and enlarge their banquet
room, and adding an estimated 10 new employees. The Option would require that before transfer of the
land the Geaghan's obtain plan approval by City staff designated by the City Manager, site plan approval
from the Planning Board for the additional 25 parking spaces, a zone change from Waterfront District to
the Urban Service District (the same zoning as Geaghan's Pub), provide evidence satisfactory to the City
Solicitor of the estimated $85,000 construction financing needed, secure all necessary permits, and
provide an agreed on construction progress schedule.
Manager's Comments:
Associated Information: Order
Budget Approval:
Legal Approval:
Introduced for
x Passage
First Reading
Referral
Department Head
C,iil M. L's.
City Manager
Finance Director
Page _of_
12 073
January 23, 2012
Assigned to Councilor - Gallant
CITY OF BANGOR
(TITLE.) ORDER, Authorizing Option Agreement for Development of Bangor
Waterfront Property with TIMKA, INC. dba Geaghan's Pub
WHEREAS, TIMKA, INC. operates Geaghan's Pub at 570 Main Street, proposes to expand its
business operations; and
WHEREAS, to enable the expansion TIMKA, INC. would like to acquire an interest in
approximately 8,920 square feet of City land adjacent to and behind its property;
and
WHEREAS, TIMKA would use the land to create 25 additional parking spaces to facilaite
additions to its brewing operation, bottling area, small merchandise area, tasting
area to the brewery, seating area for the restaurant and eniargment of its
banquet room, and providing for the addition of an estimated 10 or more new
employees:
BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT
the City Manager is hereby authorized to execute, on behalf of the City of Bangor, an Option
Agreement for Development of Bangor Waterfront Property with TIMKA, INC. providing for a
sale of approximately 0.20 acres (8,920 sq. ft. +/-) of City of Bangor Waterfront land abutting
570 Main Street, as depicted and identified on a plan entitled "Planned Group Development Plan
& Site Plan Of The Fireside Inn & Geaghan's Restaurant/Roundhouse Lounge, Dutton Street -
Bangor, Maine For Lafayette Bangor, Inc. & Timka, Inc." prepared by Plisga & Day, Land
Surveyors, Bangor, Maine dated August 25, 2011 for the creation of approximately 25 additional
parking spaces, the Option providing that the purchase price be $12,540, the Option fee be
$1,500, that before transfer of the land to TIMKA, INC. it obtain plan approval by City staff
designated by the City Manager, site plan approval from the Planning Board for the additional
25 parking spaces, if required a zone change of the land from Waterfront District to the Urban
Service District, evidence needed for construction financing satisfactory to the City Solicitor, all
necessary permits be secured, and an agreed on construction progress schedule, under such
other terms and conditions and in a final form approved by the City Solicitor or Assistant City
Solicitor.
IN CITY COUNCIL
January 23, 2012
Motion Nade and Seconded for
Passed
Qk� zv_ e& 4 , *
INTERA CITY CLERK
Passage
# 12 073
ORDER
(TITLE,) _ AIITHORIZING OPTION AGREEMENT FOR
DEVELOPMENT OF BANGOR WATERFRONT PROPERTY
TA•TIMKA_ INC. DBA GEAGHAN'S PDB
Assigned to Councilor