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HomeMy WebLinkAbout2006-09-25 06-329 ORDERMem No. 06 329 Date: 9-25-05 ItemISubject: Order, Authorizing Option Agreement with the Maine Governmental FacBiges Authority and the Judicial Branch d the State of Maine for purchase and Development of Exchange Street Development She B-13 Responsible Department CIty Manager Commentary: The City and the State Court SysNm have been worldling on an Option Agreement far Purchase and Devdopment of the Exchange Sheet Development Ste B 13 for some done. The Court System has selected an architect and a cedirmW for their proposed new facility and Is melon to menthe project along, F/.pefu if who a comtruetldn start in 2007. The Courts are therefore, amious to have an Option agreement in plate. The Agreenaa protides an Match b the Maine GovemmeMal Facilities Authority to purchase 6-13 a[Its ap nalsed value of$259,OOo. TheAgroenertrequitethedevelopmemofamurtbdlty aW related usesof I less 100,000 square feet in sins. Peer projectmmpletion, tiro Maine Governmental facilities Authority would Imre the facility to the Maine Judicial Branch. Under this Agreement, space In the Keduskeeg Mara between &13 and the I(enduskeag Stream would be made availaNe ro the Court to meet enni and juror need that cannot be arm on B-13, and also W meet the CouWs security neem. The fat would be managed "a City as a part of our owsall parking system, and other users would be allowed to use it wflh the permission of the Court Revenue derived from these spares would be rebind by the City. In addition, the Court will nem to use this area as a construction staging zone during their anticintel 29 month construction pelod. Amy ones associate with Impmvemerts to the poling area required b meet the Court's needs would be the responsibility of the Court. The Agnanent undetonslderatlon does ort conbin the terms of a nrking agreement, which would be difficult to Bnalim until the parking area Is designer, Wt require the City and Court m negotiate its team in good falth. The Option would remain in affect until June 30, 2008 with an extension provision to Deoenbe 31, 2W9 If the Court has complied win the terms ofthe Agreeniert. The City has the right and obligation to repurchase the she far the $254,OW purchase prim B, for same reason, the project does nM go fomeld. The Option Agreement teatimes the approval of bulling and site Improvement plan by the BED Commence. Depronent Head Manager's Cumnre rtin 94 CD $ttJl4fv4wtObawWA6MaM~Y J City Manager F y Warr Associated IlMorrnatlon: Budget Approval: Mine, Director Legal Approval CBy Solicitor Introduced Por passage _ Flit Reading Page _ of _ Referral U 329 Assigned to CamCilor Saves September 25, 20% CITY OF BANGOR (TITLE.) Order, Authorizing Option Agreement with the Maine Govemmental Facilities Authority and the Judicial Branch of the State of Maine for Purchase and Development of Fxcharge Street Development Site &13 BE IT ORDERED BY THE CITY COUNCIL OF ME CITY OF BANGOR THAT The City Manager is hereby authorized to execute an Option Agreement with the Maine Govemmental Facilities Authority and the Judidal Branch of the State of Maine for Purchase and Development of Exchange Street Development Site &13 in a form substantially the same as is attached hereto. c00Km m 25. 2006 Hade and Seconded X 06-329 0 R P Se fttt�Bd Authorising Optim Agteenmm: with he Naive lu a mEaTFiZiGles Au—thoriq Amd the JuAiefal Branch of the State 0£ Heine for purehase a e opuen 9xthaaee Street Development Site a 13 Apt I* Caumbr / J'1/.ASD�I W� 06 329' OPTION AGREEMENT FOR PURCHASE AND DEVELOPMENT OF EXCHANGE STREET DEWWPMENT SITE 613 AND THE KENDU9KEAG PLAZA PARKING AREA THIS AGRITNENT is made this day of September, 2006, by and between the Cf1Y OF BANGOR a municipal cooperating laughed in Ibe County of Newb¢ot Some of Maim (hereinafter "CRY -f the MANE GOVERNMENTAL FACILITIES AUTHORITY, a eddy mryomleendpliliceM apublic insWme=lityundagmcyofftSb of Mameexistingundertlre Maine Govemmenml Facilities Authority Act 4 M.R.S.A. 41601 esm. Renumber 'MGFX) on behalf ofthe Scene of Maine Tudiclal Blench Remlrefler'TOURT). WITNESSETH: WHEREAS, the CITY lug rtceived the COURT'S proposal far edea development of Ne real property known as the Rubber Urban Renewal Parcel B-1 3, Induced at the interaction of Exchange and Wuhingeon Sneem in Bangor, Maim, mgnher with an amuse easement acmes ReMuekaB Pbau for puPoad of nears and Ness to Nobel B -I3 (faemefler the Premises"h ant WHEREAS, Ibe CffY him also adopted, at the almirgOf"weingthe Premiss b MGFM to Ince to MGFA the CffY's owned and apemed parking um IougtW between Premum and the Kenduekeag Stmase and to canrirM an alummerlgoveming the management and Cpmtiminfiiie parking area taking into consideration the parking and security needs of the COURT while rewgmizing the indent ofde City in muimizing Looking'M1ilientiore and reveme Resignation; and WHEREAS, the CDYtau dew m em!thatdevelopment ofthePmnias in accordance with the provisions of Nu Agreement would beat Serve the intermb of the combat of the CRY; NOW,THEREFOReein cusidemtion of the option feeoid to theCf)f by MGFA and the COURT in acwNams with Section A.A. plow and of the mutual continuous and wvmam, combined herein the pnim egrce asfollows: Smtion A. GMW OF OPTION I. Omot of Om'on. The CITY going and MGFA swung an esdueii option to pumhua dm Pnemuug for development of a new wwNouse, which shall wrmist of Wilding of approximately 1 W,000 opua2 feetdeeigned for mem anun facility to be legend ley MGFA b IM COURT and other rola sol agencies of goo, county m total government, including, output Page l of9 06 3x5 umitmion, and at tae COMT'S sok discretion, Jre ONce of Ne DiMm Anemry anchor the DeWsnrentafCOnrecliom fammurafler the "Co manse"). The coMmenon oftheCmNwuxshall be subject to Ne arms and conditiem of has Agreement, 2, Premises.(e)TAePremimmadesrbja%afthisA®eemeMconniebofBmgorUtMn PenewalPmcel Brei at Exhibit a plmmtirla]'Dispxition Plan-BxngarUrbn RenewelPmcel &13"atlacl Feas Positionsplugan e, mendsilmemrnteaon theiuman an Plamtasking m Iceakd the,between shall and the, Kmdwkeag sarcam. N she COnend as mom fully set faMbelow, the CCfYsMII leased MGFA,it& shall ill wblessecr she COURT,all parking arils on the d byflkeag Y in httnb.^d in Exhibit B. A full lis o description of der paramount Premius oftbe eeppliW by aFe CITY in ecmMmue witF rhe CITY'S fink obligadons order 8 of this Sxtion. Steam QM1e "Kenduskag Stream Putting Lof) as adman on Exhibit Is strafed haeW mmioR such lemse shall be for the puryos ofproviding a construction slaking art impletion of automation, such team shall he far WtWsu of overall site savtity and additional parking. TM1e On agram m cams into an agreement wish MGFA and the devouring she management and operation of the Kenduskag Saream Parking Wt keit thro mem sM11 take into considemtim the parking and security rands of the MIA teroigimmgtAe inummoofffini in managing overall downtown parking remnants in that maximizes ranking milizatim and marrow production for the=. Myegsmen N cUv ontMdateonwbi6MGFAandthe LOURSbegincomtmetimonpmel613 rciTandclm caimmlmgmtundazs from free,otime.Owchevendmenma the COURT and CITY mrymue airedagreehe m fiomtlmemmar NYwevN flue any improvemrrm m charges es<seyuised m Ne KeMuskmg Stam Perking lel to ower mMrm Ne COURT. work with the CITY to muimim oarkina migration 3111 revenue examples) from the existemet of a Combined Sewer Overflow (CSO) facility located under the K.sduekwg stesm Perking Lnand peagnittNatany ngreemmtslmll include t requirement that this pakingasamay be clered or restricted at tunes to allow the CffY m uncertain sesary m maxnamt aM apaimf said suucrvre and sucb mom loaneaM wMidam as maybe appropriate m inmre@e peper utt aM opa'stionnofNis C5O (xiliry Th CF vdMGFAonbdolfofshe COURTiO lormgoGurein grid faith a pointer tie rml art an the (= an that the CITY'S leasing of the said KeiMuskeag Summ Peking Lot will tmtmult in a Whin ie, mom its current parking maximum, so, main revenues Paget a9 Wt 4z'9 migm bemmnable adjusted fiom tame to time. 3. Portions, Prv<nfPrzmiws.The purcFuse price of the Promise' stall be$2W,000 4. Tenn NW ofoNion. This AgrtdnervslnllrtmeinineRxafivm@edahFpeof omit Jure 30, iO]B. TM1enmrefunmbleµtionfeekrlM1is PttiMis $I.CO upon exeation oftM1is Agreemxnt 3. Ex en on ofOo'on. This AgrtemmtaFell be aummnicellyexleMaJ la December 31, iW9 if IM COURT M1as compliW wilM1 NI Ne krma and urditiom ofSettiurs&I, un6&3 belew, & Arrialication of China Fees. In corcidemlion of the MGFA's ryrcM1aee and CTvelepmmtoftbeP2m msgrdweified in is Apreemmtand WeCOORT'SpmPoml,de the aprte Tom pe Nmd, option Re xat the inn fids AAaf lint AgreementbelUrif The db FA dr ate prt ppmvive t M1oweva that tM1e oPdon fee still rivers and b thendi ions if his he AGFA tlm' rot purthare the Premiss in a'eordentt said, IM1e M+ms eM corAidom of this A®eement 7, Exercise ofOmion. To exadttis right or purchase led Premiss, do COM on beNlfofMGFA $be I w notify for CITY m writing m any doe after As CITY's approval of de, Pane m tl bed in Session B below and prior m rhiM (30) days Woo tM1e expindon of this Agreement and any extension hemof Pmvided, that Menne, OfMGFA's threat b ssciaz the option soared brain eha116e Mauro so as to "in the CITY to deliver tide m the Premhwsb MGFA unto$$ the COURT has fiat fully complied with all "conditions precedent b the ClTys conveyaite of the Pamises is, MGFA as set out in Section B of Nu Agimne r, Wow, Para 09 alwv"all relieve the CITY OI other steps to perteed As title of this Agreement eM any duty os 329 lease (on a Mple net basis ) the Premien' m temp of said lease shall tin Rom the cloeng CnuMnuse. The COURT shall providetbecn 10 MGFA'e/COURTS R mms Dunne Option Petted During the tam of this Apreementand any "missiles bamf MGFA and/or the COURT shall leve Ne tight tofiner onro th Premisesfor JrepumoseofcoM ctingsiteevalmtio s anymchentry shall require priornotie to CITY, and shall be aertixd so as to have minimal and tempmery impact on CI Y's use ame Premises as a poking IM. MGFA end/m the COURT shall restore the Presence to she time coMttion, as near as onenes tale, that existed prior b the entry. In addition, MGFA aM/or the COURT shall have the right m pluee a sign on the Premises in mmpluntt with CII1"4 assistants, said sip to armnunce she Proposed project. The placement of Yes sign Shad be subjM to prior eppmval from the City Manager orthe Managers dominate. Section B. CONDMOM FRECEDFW TO THE CUM COROMYt,14CE OF TIIE Before the CATs mnveyance of the Panmises to MGFA, the COURT shall complete the following: 1. Submission ofPlarm.The WORT shall amen itPlens(as defnet below) Kruse of the Premien for review aha approval by ps, My. The COURT'S Plans (as amended) submited in a<cwdexe with Nk paregaph steal l n all rtryuts comply with all applicable Codes eM Ordirerces of the Ciry of finalist, add in Reduction with [be requirements of the CrfYS land Development Code, The Plans shill additionally be comment with the Architectural Standards fm Downtown Development as adopted! by Oe CRY's City Council and atlachod hereb as Exhibit C. Plans shall additionally conform to and be submitted to aawrdance with the Pmvuiore of pmgmph 3 of Nis Section, below. Page 4 of 9 06 320 2. AmmwalofPkrs. Nomnshuctianorrmovation will Isallowed wifhmtlM1zpeior submudon and approval of Me Plate an spccifM below. All Plans will be submitre] b the City h Mm,,do Ne DitecbrofCommuniryudEm cow vdopmant AIIPlansaMreviaiormto Plans shall he reviewN by CffYsuRduigretal6y Me City Ma ogerafter which tM CRY staff Mall submit the Place along with YcirrewmmwN(mmsbMe CarCouncil Busirm and harmonic DevelopmeirComminge. Said Plans shall bereviswim and approved byheCim Council Businem and Economic Development Committee. The Cemmim, sball mitw the Plans to tleteitnirc wMM1erNryarecomis@trtwiNAMi¢cWnl Students rOowntownDeveloptwuaseticpte]by tic CRY's CmumilahaaWhed Mte mExhibitC. Once the Commao,, approves the Plus at None oCOORT of Me eentiUW process No Pim "tel indrvebphg phneamd Plans ins have fomhegredby a duly registered al mehdgmssa thermal Plans bM1allbe approvN onWe mid Penstraus nptepua] byasoy registeredcamidb arode(nW by Title]2of Me Maine Revised l he required: d, unless otherwise ecrep� by tM CIIV. TM1e following submissions shall be requitM: a. plop; - The indent of the Plans shall M to owdire the gmml ttolre of develmpmmt or redevelopment. and by ronvey to the CRY sufficient informations by defermim Me threats, of de wok to be performed. The Plans shell amain: (1) Sim Plan- Tic siteFlanshall ha dmwnto a smleofone(I)inch equals twenty (20) Ret whemer practical. The site plan shall otherwise mnfam to the requircmeNs of Pen O, Amble X of Me CRYS IoM Dwelopment Coda W Binding Plgg Thisplanshell show the Coudhouw on the Premises, including ennanw and true. Dimensions may he approximate and the commit Floor area fm each Pont shell be iMiwkd. TMelevetionMmch floasFell be iMicetM. (3) Elevadom - A evihble cmasmtlon or elevation drawing of the building shall be provided indicating extmlor facade arthritis aha colors to be used b. p)ggpy Ometbe COUATFaasubmilkdthe Penakrreview,tlm LTfY will rose action on such Plans within a reewnable good! of Mn, rot to exarA thirty 00)days, Within Mary (30) days after the racurat of the Plans, the = shall give the COURT nota in writing M approval thereof, or disapproval. FailureofNe Cf WaWmvemtogiwwtiaofdimppmnl wiNinwitlpaiWoftimeahallbedeemelromnsdmmeppmvel. Incitement shall thef Y uueaombly withhold approval of any plam. Page 5 of 06 329 c AmeMman w Plans. V the COURT desires on make my rotational eltmdons in the Plans after approval by rave City Ccundil Business and Ewmmic Development Commitlu, Ne COURT shallsubmitthe prepare change in androgen Ne Ciry Coumil Businem and Economic Developmem CommiYme bar its a passmI. If Ne Plan; as modified by the prepsed c gS still wnlotm b the requiremuLL of Section B.f hero!, the City Courail Business and Ewwmic I velopment Committer shall nW teumnbly withhold approval of the repeated! change. the City Council Business and Ecommmic Cevelopment Committee shall dither approve or disapprove the proposed change within fiflrverri days after its submission and nmiythiMURT ofits decision. No Plan append by the BminesseM Economic Developmsnt Consumer shat carrier am requirements for the Ciry of Bangor P W nin8 BoaN. Sxtion G PagfmcESTOT DEVEl9PER Except in othuwase specified herein the following seems conditions, covenants and ns shall be expreslY itrwryomttetl into the CUTa Re to MGFA and run with the andm 1. Ikul Coverann. Bis imhnded and speed, add the Dad shall ao especially provide, tltm the eaprew conditions, eaves ens, and matdetiona provided in moment C. hereof shall he proceeds hang with the land aM Nm they shall be bindin& W the fullest permt persuaded by law and equity, forme befit and in favor of, and comprable by, the CITY and any successor in handed he the Presence or any part thereof for the time prowls spaifically snatched hereon for ucM1. i. Use Restriction The MCFAageaforitaelf,mdeverysucce inimet Wthe Premises, or any pan thereof, and Ne DeN stall common aprtu covmantion the pnofNeMGFA for itself, add its successors and resigns, that the Premise; andartyimpmveanents which may be or may become Icmrcd thereon shall the used, wnAmcted, developed, oaudied and saimmires:[ in savrdamewith the laws, oMonsaps, coagulations of the Stale prideine and fmCiryofBangm,as the tame may naw or hsfeafta be in eRc. MGFA amid 1M CWRT further slava that any wmu e, or the ¢apasy thereof, mnmYa] can the Premiss shall not ururamnably income in my way with the operation, maimerarce, repair or replacement of all cannot; scrap and water, on thePrtmivs whichpedepicvdon the sunowtobe Jumped byCffY to MGFA underSationA.9. these and ro exeou¢ easements to NeCary ofBangorand BarigorWassaDisnict for said sewerand same. leadditimmmherrequiremencloor ;MGFA and the COURTshallnoteorutmerany sanctum on NePrtmiamwirbly earwerwpiorwntaocenilratianbythe CiryErilaineaNmsaid auucnne shall rot umemormblY inmhrt with said serve airs. Pagni 3 Iwntl Bew b N Meventf.IGPA ddbrot686"wsl �v IGnthm(9) years of she trete of this Agarver , Nen MGFA shall set aM the 6M shall rassirchisiml the Pre t no same pace pad by MGFA W the CRY for the Promises 4 H " provisionof ties Afronament isteWm W in be invtlidor reniarceablevMalaw, tribal] not affect to dabdrryor. of espemofMerema�nin%obligndans orpotti0nsbemC ` S. jJg6a. AM normae area this Agreentem by attertp the store shall be sufficientlyV or delivetei f tl peaty by reg skied ani 1 pbe;i prepaid, return rocempt requested, or dl enes] intestinally, al in the basic of 'be COURT auldreat W or celiverrecl personally to trial mmRussell. Glossier,rSWteCourt Adm t Admin enable Offics, of the counts, PO Bos 49-1 12tl Pa ndfME 041114820. b. in Oeeaaeoflbe CfFY, isatldressed Wordeiiveredpemnalyto tM1eCRY, as EdxaN A. Barrett, CityManager, CityHa11, 13 Harlow 8oee4 Bangor, ME OCWI. Wl , C. int& use afMGFA, is add WWordeliveted Fasennily W MGFA do Patent 0. LWty, Exacentive Brrectm, 3 University Bra; P.O. Bar n68, vAugnH&M n°a0�3a@e or branchrit pmuni. edd stle}ierlxs Ydargnab awn gotbe �nikr. S. MemmandumofAereemau. Uponral ofeidtr,Ihe ivag toprepareaM eeeitheeitheruparseto einothe RemWmscor Conroy, ierecoNablefann,wbi<M1 MemortrdummeyberaaiNW by ReBishy of Iketla W WII1JE85 WHEW41 tlje tyres batteries have set their Insists W sloicMe countapeMafthis Alienation eem b dayaMyeafi t tlen above. WITHEBs: CITY OF BANGOR By PAwad A. Barrett Page]of9