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HomeMy WebLinkAbout2017-02-15 17-086 ORDERCOUNCIL ACTION Item No. 17-086 Date: February 13, 2017 Item/Subject: ORDER, Authorizing Execution of Sixth Amendment to the Master Transaction Agreement between the City of Bangor and Bangor Nursing and Rehabilitation Center Responsible Department: Legal Commentary: In 2000 the City Council approved execution of a Master Transaction Agreement between the City of Bangor and the Bangor Nursing and Rehabilitation Center that set forth various terms and conditions for the conversion of the operation of the Bangor City Nursing Facility to the Bangor Nursing and Rehabilitation Center (BNRC). As part of the Agreement the City agreed to lease a portion of the building for its Health and Community Services Department and the City agreed to fund up to $2.25 million for capital improvements identified in a report prepared by Carpenter and Associate needed by the building conveyed by the City. To date almost $1.6 million in improvements have been made leaving approximately $636,000 available. The portion of the building occupied by BNRC is in need of capital improvements identified in the Carpenter and Associates report and required by State and Federal regulatory officials related to life safety issues. The improvements are estimated to cost up to $420,000. The portion of the building leased by the City is also in need of capital improvements identified in the Carpenter and Associates report related to life safety issues and personnel security issues. Those improvements are expected to cost at least as much the remaining balance of the money designated for capital improvements after payment of the BNRC improvements. This Order, if approved, will authorize execution of the Sixth Amendment to the Master Transaction Agreement to provide for payment in an amount not to exceed $420,000 for improvements to the building for occupied by the BNRC with the remaining balance of the $636,000 to be used for improvements to the portion of the building leased by the City. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for Passage First Reading Referral Department Head Page _ of _ ManagerCity Finance Director icitor 17-086 FEBRUARY 13, 2017 Assigned to Councilor Nealley 1-f 84 CITY OF BANGOR Q. I (TITLE.) ORDER, Authorizing Execution of Sixth Amendment to the Master Transaction Agreement between the City of Bangor and Bangor Nursing and Rehabilitation Center WHEREAS, on December 27, 2000, by Council Order 01-80, the City Council approved execution of a Master Transaction Agreement between the City of Bangor and the Bangor Nursing and Rehabilitation Center that set forth various terms and conditions for the conversion of the operation of the Bangor City Nursing Facility to the Bangor Nursing and Rehabilitation Center; and WHEREAS, as part of the Master Transaction Agreement the City agreed to lease a portion of the building for its Health and Community Services Department; and WHEREAS, as part of the Master Transaction Agreement the City agreed to fund up to $2.25 million for capital improvements identified in a report prepared by Carpenter and Associate to the building conveyed by the City; and WHEREAS, to date almost $1.6 million in improvements have been made leaving approximately $636,000 available; and WHEREAS, that portion of the building occupied by the Bangor Nursing and Rehabilitation Center City is in need of capital improvements identified in the Carpenter and Associates report and required by State and Federal regulatory officials related to life safety issues, said improvements expecting to cost up to $420,000; and WHEREAS, that portion of the building leased by the City is in need of capital improvements identified in the Carpenter and Associates report related to life safety issues and personnel security issues, said improvements expecting to cost at least the remaining balance of the money designated for capital improvements after payment of the $420,000, or less, for Bangor Nursing and Rehabilitation improvements; and WHEREAS, it is in the interest of the parties to amend the Master Transaction Agreement to set out the improvements to be made and the cost. By the City Counal of the City of Bangor; ORDERED, THAT Catherine M. Conlow, City Manager, is hereby authorized on behalf of the City of Bangor to execute the Sixth Amendment to the Master Transaction Agreement between the City of Bangor and Bangor Nursing and Rehabilitation Center to provide for payment for certain improvements to the property of Bangor Nursing Rehabilitation Center including that portion being operated as a nursing and rehabilitation facility, in an amount not to exceed $420,000 and that portion of the property leased to the City of Bangor. Said document shall be in a final form as approved by the City Solicitor. IN CITY COUNCIL FEBRUARY 15, 2017 CO 17-086 MOTION MADE AND SECONDED FOR PASSAGE PASSED CITY CLERk