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HomeMy WebLinkAbout2008-01-28 08-078 ORDERCOUNCIL ACTION Rem No. 08 078 Date: January 28, 2008 Item/Subject ORDER, Designating Hodgdon Marine LLC Tentative Developer of a Parcei on Marina Rd., Hampden, Maine Responsible Departm mF Community 9 Economic Development CammeMary: Hodgdon Marine LLCrequests[ntbvedevelopers Wson16.62acrosoflandownedby the Clty of Bangor in Hampden known as Stearn's Pit Hodgdon Marine's tentative plans are m develop the site for boat manufacturing. Preliminary information indiwees mat the development would be substantial in terms of employment and value. Hodgdon Marine LLC Is owned by Hodgdon Yacnoi. Designation as the tentative developer would grant Hodgdon Marine exclusive stabss as developer of the property until April 30, 2008. During this period, Hcogdon Manne will develop and submit a proposal for the development of the site far consideration by the Business and Economic Development Committee of the City Coundl on or before April 23, 2008 and by the City Coundl on or before April 28, 2008. The proposal submitted for the CiNs consideration will provide sufficient detail m outline tie scope of the proposed development and convey sufftlent infornation to determine the level of investment proposed, new employment opportunlges the project would create, and dw schedule for the proposed development. The ste has been owned by the City since 1922 when it was purchased as a source of gravel for use by the City. The property H no longer a source fw gravel and is currently used by Me City to dispose of snow primarily removed from the downtown area during the winter months. ApproMmately half of the former gravel pt was conveyed by the City of Bangor to due Town of Hampden in 1980 for Its use In establishing what is now the Turtle Head Marina. Staff has been working with Hodgdon Yachts for several months to identify a site suitable for its production of arbon-Kevlar boars designed with assistance from the Un"wersity of Maine. Department Head Managees Comments: 140 y FD .o.uwu�wY.Q,Io � i .a 1_ D ty manager Asoctated Information: Budget Approval: Finance Director le city Solldtw X Passage _Forst Reading Page_M_ Referral 08 078 AssigoWroCo Qr Farrington Je u 28, 2008 ",.. CITY OF BANGOR (TITLE.) ORDER, Designating Hodgdon Marine LLC Tentative Developer of a Parcel on Marina Road, Hampden, Maine WHEREAS, Hodgdon Marine LLC is interested In developing a parcel of land owned by the City of Bangor on the Marina Road In Hampden for their business use; and WHEREAS, Hodgdon Marine has requested designation as "tentative developer of the parcel in order to investigate the feasibility of developing the site, allow time to prepare a definitive development proposal, and to negotiate a proposed Development Agreement for consideration by the City Council; and WHEREAS, the City has granted "tentative developer" status to potential developers on various City owned sites in the past, thereby providing the developer Gore to prepare a specific proposal for the 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; NOW, THEREFOREr BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT Hodgdon Marine LLC Is hereby designated the tentative developer of the City owned parcel on Marina Road, Hampden and that such designation is In effect until Apr l 30, 2008. BE IT FURTHER ORDERED THAT: 1. During the period of designation, the City agrees to deal exclusively with Hodgdon Marine LLC. 2. Hodgdon Marine LLC shall have until March 31, 2008 to prepare and submit in writing to the City's Director of Community and Economic Development a definitive proposal for Me development of the parcel for review by the City Council. The proposal submitted for the CWs consideration shall provide suffident detail to outline the general scope of the development, convey sufficient information to determine the level of investment proposed, the employment and relatetl business effect, and the schedule for the proposed development. 3. City staff is authorized to negotiate a Development Agreement with Hodgdon Marne LLC for consideration by the Business and Economic Development Committee of the City Council on or before April 23, 2008 and the City Council on or before April 28, 2008 setting forth the Proposed tens and conditions under which the proposed development would be allowed N move forwand. The Development Agreement, if approved by the City Council, would ensure that the development would conform to the plans and uses approved by the City Council and Nat Hodgdon Marine LLC has the capacity and ability to carry out the development as approved. IN CTT4 COO IL JmMa 28, 2008 Motion Nelle ud Seconded # MA79 I" sag Yu d �i CIlY CLS6H ((ffplLb�Deeigmtieg 9 gdw Nadas LLC Tmtetive TeveToper of t M w Naxim Aovd. Navpdee. 1Nive