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HomeMy WebLinkAbout2006-02-13 06-082 ORDERItem No. 06 082 Date: February, 13 2006 Item/Subject: ORDER, Deagnadng Larry Springer Tentative Developer of Front Street Development Parcel 2 Responsible Department: Community and Economic Development Commentary: Last lune, tarry Springer requested tentative developer status for Lwo devempment sites on Front Street at ft end of Railroad Street and downriver from the Front Street parking Ia. Proposed were two separate buntings on two Uevelepmem sites. During negofwtiore, Mr. Springer indicated he needed designated parking Spaces to Satisfy of tenant heads on the upper leve' m his proposed buildings, which the Cry was unwaling N grant pending revised parking place to accranmadaro his request. Mr. Springer Is now willing W proceed with the havr of the two buildings without any commitment by the City to provide designated parking. This Order would grant Mr. Spinger exclusive status as developer of the sites designated as Parcel 2, whidl is adjacent W the downriver side of the how Front Street parking lot. Parcel 21s a 27,000 equate foot IM that con accommodate up W a 2 4o Story building with a maximum foot print of 14,650 SF and a maximum building square footage of 36,600 St. Mr. Springer's proposal Is for a 2 yz story, building with 29,000 SF of building area. The bulling and IN appearance would be slmibr to that In the Hunter concept plan. The street level would contain a restaurant and perhaps some retail. He would like N start construction this spring. After the first building is completed (in approximately 18 coombs), he would like N build the second building, subject to the availability of parking. This proposed Order would grant Mr. Springer tentative devebper status on Parcel 2 until April 10, 2006. Until then, the City would deal exclusively with Mr. Springer for development of the site. City staff would negotiate a devebpment agreement and a more specific proposal for tit Council's considered The development agreement, if approved by the CLy Council, would ensure that the development would conform W baiting plans and uses approved by the Business and Economic Development CommMee and that Mr. Springer has the financial capacity and ability N carry out the development If this proposed Order is approved, the only obliga0on of the City Is Had we negotiate exclusively with Mr. Springer until April 10 Department Head Manager's Comments: .q ,aIS41/ City Manager Associated Information: Budget Approval: Finance Director Legal Approval: C iiror Introduced for x Passage _ First Reading Page 1 of 2 Referral os 082 Assigned to Councilor Greene Pebr u 13. 2006 CITY OF BANGOR (TREE.) Order, Designating Larry Springer Tentative Developer of Front Street Development Parcel 2 WHEREAS, Larry Springer has proposed M develop a commercial building on the City owned development parcel located on Front Street adjacent to the downriver side of the new Front Street parldrg let designated as Parcel 2; and WHEREAS, Mr. Springer has requested Mat he be designated "tentative developer" of Parcel 2 in order M allow time to prepare a definitive development pmposal and for City staff to negotiate a proposed development agreement for consideration by the City Council; and WHEREAS, the City has granted' ntbmve developer status to potential developers on various City owned development sates in the pas[, thereby providing the developer time to prepare a spedRc development proposal for the City CoundIN consideration and during which time the City agrees ro deal ewJusively with the designated tentative developer for the purpose for which tentaWe developer status was granted: NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCD.OF THE CITY OF BANGOR THAT, lorry Springer is hereby designated the tentative tlevebper of the City owrre0 development site on Front Street adjacent M Me downriver side of Me new Front Street parking lot designated as Parcel 2, and that such designadan is in offend until ApHI 10, 2W6. Mr. Springer snail have until that time to prepare and submit in writing to the City's Director of Community and Economic Development a definitive proposal for development of the she, During Me period of designation, the City agrees to deal exclusively with Mr. Springer for His purpose for which tentative developer status was granted, and City staff is authon2cd M negotiate a development agreement with Mr. Springer for the City Council's consideration setting font the proposed teras and conditions under which the proposed development would easiness and Economic Development Committee and Mat Mr. Springer demonstrates that he has the finandal capacity and ability M cony out the development proposed before remVirg Me approvals needed from the City M proceed. The proposal submitted for the City's consideration shall be sufficient in detail M outline Me scope and quality of development and convey sufficient Information for the City M determine Me level of investment proposed and character of the work to be pertortnetl. The proposal is M include a preliminary site plan shoving the footprint of the proposed building and site improvements in relationship to the site and surrounding Improvements; suitable crass-sedions and elevations of the pmposad building and improvements shoving the relationship of floors M surrounding graces and indicating Me number of stories and exterior building materials proposed to be used M enable the City M determine the compatibility of the proposed building and improvements M Me development site and Waterfront Development Plan; and preliminary floor plans showing proposed general room IMA layouts and proposed use, indudirg entrances and enots and overall flow area for each floor. The proposal Mould also provide Information on the "tentative developer's" past development experience and proAde separately such financial information as may be requested to provide assurances to the City Mat Me "tentative developer" has Me ability and financial capacity to carry out Me development The City will beat any information provided rel to the tentative developer's personal or business finandal assets confidentially as allowed by State Statute. IN CITY CotnCIL February 13. 2006 !lotion Made and Seconded for Passage Motion Doubted Vote: ]-1 Councilors voting yea: CaaWell. D'Mrrim, Farrington, Creme, Davea. Palmer d Stone Councilor voting no. Cratvick Councilor absent: Allen Passed CITY CLERK ` (III LQ) mx;g .ti.... ry Cnri..o.. 9m vtive Developer of great Street Development[ Parcel 9 �' AUlgnedto Co�undfior(r &fQd p