HomeMy WebLinkAbout2012-06-25 12-210 ORDERCOUNCIL ACTION
Item No. 12-214
Date: June 25, 2012
Item/Subject: ORDER, Authorizing Execution of Municipal Quitclaim Deed — Real Estate
Located at 26 Autumn Street.
Responsible Department: Legal
Commentary:
Real estate tax and sewer liens matured on the property of Jeffrey J. Holmes as Trustee of the
Holmes Investment Realty Trust located at 26 Autumn Street. The mortgage holder is acquiring
the property by virtue of a deed in lieu of foreclosure and will pay the outstanding real estate taxes
and sewer charges. Because the liens have matured, a municipal quitclaim is required to release
the City's interest in the property.
Staff recommends approval.
Department Head
Manager's Comments:
C&Q-L
City Manager
Associated Information:
Budget Approval:
Finance Director
Legal Approval:
G 'Soflcitgr
Introduced for Consent Agenda
x Passage
First Reading
Referral
12-210
JUNE 25, 2012
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°�"0 �s;,., Assigned to Councilor Gratwick
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CITY OF BANGOR
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(TITLE.) ORDER, Authorizing Execution of Municipal Quitclaim Deed — Real Estate
Located at 26 Autumn Street.
By the City Council of the City of Bangor.
ORDERED, Deborah A. Cyr, Finance Director, is hereby authorized and directed, on behalf of
the City of Bangor, to execute a Municipal Quitclaim Deed releasing any interest the City may
have by virtue of undischarged real estate tax and sewer liens recorded in the Penobscot
County Registry of Deeds in Book 11434, Page 79, Book 11802, Page 102, Book 12161,Page
21, Book 12211, Page 295, Book 12398, Page 11, Book 12507, Page 313 and Book 12851,
Page 320. Said deed shall be directed to Jeffrey 3. Holmes as Trustee of the Holmes
Investment Realty Trust in a form approved by the City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
June 25, 2012
ssed
Cl CLERK
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