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HomeMy WebLinkAbout2006-05-08 06-174 ORDERItem No. Date: May 8, 2006 Item/ Subject; ORDER, Authorizing the Cry Manager to Execute an Amendment N Purchase Option Agreement with YMCA — 58 Court Street Responsible Department: Legal Commentary: Pursuant m Counal Order 06119, the City and the YMCA executed a Purchase Option Agreement for the development of 58 Court Street A zone change was required for the property. The Planning Board dd not recommend approval of the zone change, but indicated that it would prefer a contract zone change to limit the use of 58 Court Street to parking only. This Amendment to the Purchase Option Agreement will impose that restriction in the deed from the City to the YMCA as well as a condition for landscaping. The Trarsportal on and Infrastructure Committee recommenced approval. Department Head ,A do A Associate) Information: First Amendmentto Purchase Option Agreement Finance Director Introduced for NEW BUSINESS x Passage _ FINE Reatling Page 1 of 5 Referral 06 174 AsaWwj W Cowcilor a'Errico nzy 8. 2006 CITY OF BANGOR (MILE.) ORDEk Authorizing the City Manager to Execute an Amendment to purchase Option Agreement with YMCA --- 58 Court Street WHEREAS, the City of Bangor and the YMCA are partles to a Purchase Option Agreement for the Sale and Development of 58 Court Street, dated March 14, 2006; and WHEREAS, the parties agree that certain deed restrictions and Conditions are appropriate on the conveyance of 58 Court Street to the YMCA; NOW, therefore, by the City Council of the City of Bangor, be it: ORDERED, THAT the City Manager is hereby authorized and directed, on behalf of the City of Bangor, W execute the First Amendment to Purchase Option Agreement and Development of 58 Court Street. A copy of said Amendment Is attached hereto. IN an COUNCIL Hearn Made and Seconded for Passage Nay Surpllss Expressed that she won appreciative of the Y Responding to her concerns and that she did not vent to sate obstacles for them. hot questioned whether a contract one change would he better than a straight rose change. City Solicitor Heitamu eaplafinel that the deed restricffam will Help to enforce the condition, while a crescent none change Violation would be harder tce P as: `—CPR CLHRC An_' 0BD%B CumEd Authorising rhe Ciry Mnoeger o Execute an Amendrenc to ferriage Option Agreement with MICA - 58 Court street A®igmW W CougeMt YA.4Mi FHLST AMENDMENT TO PURCHASE OPTION AGREEMENT AND DEVELOPMENT OF 58 COURT STREET 'This Agreement made this L Otday of May, 2006 by and between the City of Bangor, ammucipal corporation, duly organized and existing coda the laws of the State of Maine having aplace of business 973 Harlow Street, Bangor, Maine 04401 (hereinafter CITY), and the Young Mm's Christian Association, duly orga^oved and existing under the laws of the State of Maine having a place of business at, Bangor, Maine 04401(hereimfter YMCA). RBCffA A The parties entered into -a Panama Option Agreement and Development of Bangor 58 Court dated March lq 2006. B. The parties will to amend the Purchase Option Agreement to include deed resmctiovs and conditions to facilitate a required was change. IN CONSIDERATION of &a foregoing recitals and the consideration recited in the Purchase Option Agreement, the parties hereby agree to amend the Purchase Option Agrument as follows: 1. Bydeletin8thefollowing "6. Tvce of Convecance. Conveyance shall be by Quitclaim Deed with Covenant to YMCAfrom CITY. CHYshaRpreparethenecessa Deed,mbjectwa mvAby YMCA'satwmey. CTTYshallcoweytitleandathispuagraphto YMCAfreemdcleer ofallencumbrmcesexceptous rd,ypublicutilityeasementsserving thepremises,and any lathe eal regults ofpublic record, and slWlbe mbjaY m applicable zoning and laud use laws vad regulations." And by replacing it wiN the following: "6. Tme ofConvevance. Conveyance shall be by.Quitclaim Deed with Covenant w YMCAEom C=. CPCYshallpr wedaenuess Dud,subjutWa mvalby YMCA's attorney. CITY shall canvey title under this paragraph w YMCA free and clear of all encumbrances except custonary public utility easements serving the premises, and my other easements of public record, and sball be subject to applicable zoning and land use laws and regulations. Said deed shall have the following restrictions: 1) the premises shall oulybe used fm parking for the YMCA's employees, agents, cormmwre, invitees, and guests; and 2) the YMCA shalt plant and maintain no less four (4) shrubs, four (4) evergreen trees and three (3) deciduous trces. Failure by the YMCA, its successors or assigns to comply, with the restrictions and conditions comaine3 in the deed shaE give the City the ngbt of entry with regard to the premises and my and all other nghts pursuant to law, provided, however, that the YMCA, its successors add assigns, shah fust have sixty (60) days to cme any breach of said restrictions and conditions after written notice thaeofhas been given by the City. The foregoing mains of the City shall not be construed to prevent or affect the validity of a ermnafidemoAgage." 2. Eyreplacrg Exhibit Atothe Purohase Option Afire mtwith Exhibit attached berate. Except as modified by flus Amendment, the remaining tams and wudimms of me Purchase Option Agrxment are hereby reatbrmed and shall remain in did forte and effect. W WITNESS 017, the padies hereto have ad Unit hinds and seals the day and year written above. - Dated: 5 —lo —06 -D6 nPc. ,isQ � Witness YOUNGM CFSS CHRIST Z�AQ � Name: Tide: CleD 06-1]4 ExE16itA A certain hit or parcel of land together with my improv®®ts thereon situated in Bangor, Penobscot County, Maine, more paricalarly described as follows: Beginning at the northwesterly coma of a certain lot on Court Street conveyed to Nceh L. Frame by H. N. Whitcomb by used dated April 15, 1882, remrded in Penobscot Registry of Deeds, Volume 580, Page 46; thence southwesterly on the westerly side of said lot a dismoce of 100 feet thence at right angles southeasterly a distance of 50beet, thence at right angles northeasterly 100 feet to said Court Street; thence northwesterly on said Street 50 fact to We place of beginning, being a lot 50 feet by 100 feet deep out of the northwest corner of said lot conveyed by said Whitcomb w said Freeze, Also the right to use the passageway on the northwesterly side of said lot as described in said deed from Whitcomb to Freeze. Being the same premises as described in deed brain Robert Newcomb to Ralph PhJbrick dated December 13,1996 and recorded in to Penobscot Registry of Deeds in Book 6291, Page 97.