HomeMy WebLinkAbout2004-11-22 05-23 ORDERItem No 05-23
Date: November u. NXI
Item/Subject Authorizing the Acclubiticn of 116 Main Street
Reaponsible Department Community and Economic Development
This property located at 116 Main Street is the site of the tragic fire that destroyed the Masonic Building
in downtown Bangor. The Masons do not intend to rebuild on this site and intend to make it available for
purchase by others. It is in the best interest of the Ory M Bangor to gain control of the future use of rhe
site as part of its congnuing efforts to improve the economic vitality of the downtown and downtown
waterfront. On an immediate basis, the proposetl use of the property, if acquired by the City, would be
to Improve and landscape the space. It would then potentially also be available for future development
The acquisition and improvement of the property is an eligible expense under the City's Federally funded
Community Development Program. City Council approval is recommended.
Department Head
This has been reviewed and is recommended by the Business and Economic Development Committee.
(.Le(Atl/IX V
City Manager
Finance Director
C Solicitor
X Passage
_ First Reading Page _ Of
Referral
os -23
November 22,
pavtgreamcowcil« 1te.bie
CJS
CITY OF BANGOR
(TIRE.) order, Authorizing the Acquisition of 116 Main Street
WHEREAS, the Business anti Ec«ornic Development Committee of the City council of the CRY
of Bangor has recommended the City acquire the Masonic property located at 116
Main Street in Bangor, and
WHEREAS, R is in the public Interest for the Ory to own, control, improve, and maintain this
property; anti
WHEREAS, the acquisition of the property is eligible for funding under the Girls Community
Development Program;
NOW, THEREFORE, BE IT ORDERED BY THE CRY WILIAM OF THE CITY OF BANGOR THAT:
1. The Director of Community and Ec«orntc Development is hereby authorized to secure an
appraisal of the property by an independent qualified and licensed real estate appraiser;
2. The Business and Economic Development Committee Is authored to approve all offers for
the purchase and acquisition of the property; and
3. Upon the araeptaroe of an offer by Ne owner(s) of the property, the City Manager or
Director of Community ant Economic Development are authorized to acquire the property on
behalf of the tlry of Bangor and to Beane such dowmerhrs approved by the Ory Soberer or
Assistant City Solicitor as may be requiretl to cansummete the purchase by the Ory of
Bangor.
CISY COMCIL
ember 22, 2004
:fan rade and gecoaded '.
Passage
on Doubted
.e: ] yea, 1 an,
u cilora voting yes: Allen,
hrrlco, Farrington, Cratvfck
e, Haves, Stoce
cilor voting me: Tremble
racilor absent: Ccshvell
mi LS1 Authorizing the Acqufaitian of
Assigned he Councilor z�/tF W -L