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HomeMy WebLinkAbout2007-09-24 07-310 ORDERCOUNCIL Date: September 29, 2007 Leen, No, 07 310 Item/Subject ORDER, Extending Tentative Developer Status of FGS/CMT, Inc. for Building #26 at 113 Maine Avenue Responsible Departanent: Community 9 Economic Development In June 2007, FGS/CMT, Inc. requested tentative developerstatusto allow It III Investigate and prepare a definitive development proposal for expansion of its business, Fessenden Geo -Environmental Services Consmuchon Materials Testing, into the City owned Building #26 at 113 Maine Avenue. Tentative development status was subsequently granted by passage of Council Order 07-225 on June 25, 2007. This status was granted until September 29, 2007. MS/CMT, Inc. Is requesting additional time to finalize Its proposal, and Staff recommends an addition 60 day tentative developer status which will e:dend this period to November 23, 2007. Department Head Recommend approval, as does the Business and Economic Development Committee. .C;�I - Finance Director Oty Solicbor Intr oci for X Passage _ First Reading Page Referral 07 310 6� .Ve ;.� Assigfd{w COuntilor perringtuu Bepte er 24, 2007 CITY OF BANGOR (TOILE.) ORDER, Extending Tentadve Developer Status of FGS/CMT, Inc. for Building #26 at 113 Maine Avenue WHEREAS, WS/CMT, Inc, is interested in expanding and is imwatigadng steps to rehabilitate Building #26 at 113 Maine Avenue for its business use; and WHEREAS, by passage of Council Order 07-225 on June 25, 2007, the City Council granted FGS/CMT, Inc. tentative developer status unfit September 24, 207 to allow MS/CMT, Inc, tlme to prepare a definitive development proposal and negotiate a proposed Development Agreement with staff, and WHEREAS, FGS/CMT, Inc. is diligently pursuing development of the building and requests additional time as the tentative developer, NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT The tentative developer sbtus granted FCS/CMT, Inc. by passage of Council Order 07-225 on June 25, 2007 is hereby extended by 60 days to November 23, 2007. IN aw Septeadser 24, 2007 for Rs� Pas �a, rriro., r o�—alo n engfl (TITLEm inm l g Merl e Status of FGSIC . Inc. for Building' nm�m a cemt�ior