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HomeMy WebLinkAbout2003-11-10 04-06 RESOLVEitem No. 04'06 Item/Subject: RESOLVE, Ratifying Execution and Delivery of Municipal Quitclaim Deed -- Real Estate Located at 74 Seventh Street Responsible Department Legal The City has numerous real estate tax and sewer liens on property located at 74 Seventh Street and currently owned by Steven and Victoria Powers, several of which have matured. City staff was retired on Fdday, Occober 31, 2003 of a pending sale of the property to be held on November 0. Counsel for the owners has indicated that all outstanding charges due the City will be paid at the time of closing, and requested a quitclaim deed to be held in escrow until the dosing. In order W accommodate the sale of Me property a deed was issued. Staff in Treasury and Wastewater Treatrnent will prepare and record discharge documents for the liens which have not matured. This Resolve will ratify the actions of staff. Department Head Managees Comments: Recommend approval. f d/' CRy Manager Associated Information: r Rnance Director Legal Approval: City Solicitor Introduced for Consent Agenda 3 passage _First Reading Page_A_of 2 Referral C ;r Nssign a to f cilor Nealley november 10, 2003 CITY OF BANGOR (TITLE.) RESOLVE, Ratifying Execution and Delivery of Municipal Quitclaim Deed -- Real Estate Located at 74 Seventh Street By the City Council of the City of Bangor: RESOLVED, THAT the actions of the Finance Director and City Solicitor In executing and delivering a Municipal Quitalaim Deed releasing the Qty's interest in real estate located at 74 Seventh Street by virtue of several undischarged real estate tax and sewer liens recorded in the Penobscot Registry of Deeds is hereby ratified and affirmed. I9 CTT4 COUNCIL 6wembe: 10, 2003 Passed - p 06-06 CI I (MLLE) Ratifying Execution and Mliary of Runic pa tc - a e Lec ted at 76 geaevth Street AesiRne! to Councilor f