HomeMy WebLinkAbout2006-08-28 06-311 ORDERDate: August M. 20116Item No. 06 311
Item/gubJect ORDER Authorization to Apply far Municipal Investment Trust Funds
Responsible Department: Community& Economic Development
PULSIC HEARING—Prior to voting on this Order, the Council is required to hold a Public Hearing an
this application.
Trust Fund Grant In the an
property on Harlow Street
and objedlves. Bangor is eligible m apply for these
certified growth management plan. EMOCwillcarr i
The project will resuft In a more attractive EMDC fa
statues provided by the University of Maine Art M
request of the Eastern
Business and Economic
for a Munidpal Investment
isms m its Norumbega Hall
'd security and the public display of
would authorize an application or
Investrnent Trust FuM m support the
projects as may be approved M the
Department Head
Man,(a,g„ees.C,o1m/ma��s:
nd/
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Assnclated Information:
Legal Approval:
Y Passage
First Reading
Referral
Page_of_
06 311
Aani®hW toCwvcilsr Heves Augasr 28, 2006
CITY OF BANGOR
(T E.)Ordery Authorization Apply for Municipal Investment Trust Funds
By me City Courrti/ Of me Qty of R angor.
ORDERED,
Whereas, the Municipal Investment Twist Fund (MM) Grant/Wan Program provides
communides with funds to help meet Meir identified public infrastructure or downtown
improvement needs; and
Wheiea; the Fund is intended to act as an incentive for local governments to implement
programs which: are part of a long-range community strategy; minimize development sprawl
consistent with the Maine Growth Management Act; support the revitalization of downtowns,
Improve deteriorated business districts and local economic condNans; and to foster
partnerships and encourage social and financial Investments between groups of public and
private development organizations W address common community and economic development
needs; and
Whereas, the Eastern Maine Development Corporation has requested that the City apply for a
Munidpal Investment Twist Fund Grant in the amount of $17,000 for EMDC W make exterior
improvements to its Nommbega Hall property on Harlow Street In downtown Bangor W induce
facade, landscaping and security improvements; and
Whereat the City of Bangor rs eligible to make application to the Municipal Investment Trust
Fund:
NOW, TNEREsORE, By THE CITY COUNCIL OF THE CITY OF BANGOR, BE IT
ORDERED THAT the City Manager Is hereby authorized to submit an application for funding
made available through the Maize Municipal Investment Twist Fund W support the request of
the Eastern Maine Development Corporation, and for such other projects as may be approved
by the Business arta Economic Development Committee, and to take such actions as may be
required to accept such funds that may be made available, and W carry out the activities
funded through the Municipal Investment Twist Funtl.
IN CITY CDDNCIL 9�
August 20. 2006
Passejf N
O ND NRI
*40
(TITLE,) Authotiufn¢ Reimbursement of the
Moronic ] elopment Bmd in the Amount of
EY91 .000 from tfie Pacfm A�vd for The
Value of Lot i2 of the main Busfaeae
�edroCoone/�1