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HomeMy WebLinkAbout2004-11-22 05-25 ORDERCWNCILACRON Rem No. 05-25 Date: Novembw22.2004 Item/SubjeR: ORDER, Desigrmting Kum Thomas Tentative Developer of Lot 6-BanAir fi duseial Park ResponsibleDepartment. Community6:Economic Development Commentary: Kam Thomas has requested the City name him -tentative developer" of Lot 6 in the BeMir Industrial Park. This Order would gram him exclusive status as developer ofthe site until January 31, 2005. During this period, Mr. Thomas would have the opportunity m develop a proposal to submit for the City Council's consideration. Mc Thomas cumently owns end operates Bangor Mawr Sports, a motorcycle and snowmobile dealership. Mr. Thomas is negotiating with an Original Equipment Manufacturer (O.E.MJ to locate a recoil momrsports dealership at this location. Theprop Rd building is estimated to be 10,000 sq. ft. Lot 6 is 3.04 acres with frontage on Bantu Road. About 5O% ofthe lot is designate] as wdlands. The City of Bangor is not represented by a real estate broker in this mansaction lee Budget Approval: Department Heed Fnamv Director �— __X Passage _ First Reading Page _ of Referral as -25 11 ve cr 22, 20M Assigned to Councilor D'errico CITY OF BANGOR (TITLE.) Order, Autbonzing the Execution of an Option Agreement with Kurt Thomas for Lot 6 in the BarAir Industrial Park WHEREAS, the City of Bangor owns land in BaMir Industrial Park, Hammond Street, Bangor, Mame, and WHEREAS, Kurt Thomas is interested in developing Lot 6 in the BaMir Industrial Park; and WHEREAS, Mr. Thomas requires time to prepare a formal development proposal for consideration by the City Council; and WHEREAS, the Board ofDirectors of the BaMir Corporation has reviewed this request and recommends approval; and WHEREAS, the City bas granted "tentative developer" status in potential developers on vanous City owned development sites in me past, thereby providing the developer time to prepare a specific development proposal for the City Council's consideration and during which time the City agrees to deal exclusively with the designated tentative developer for the purpose for which tentative developer status was granted; NOW, TfTEREP012E, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT the City Manager is hereby authorizeA to designate Kurt Thomas the "tentative developer" of Lot 6 in the BanAir Industrial Pak; that such designation is in effxt until January 31, 2005; that Kurt Thomas shall have until January 31, 2005 to prepare and submit in writing to the City a specific proposal for development of Lot 6 that meets the construction and development standards for BanAir Industrial Park; and that dung the period of designation the City agees to deal exclusively with Kurt Thomas for the purpose for which tentative developer - status was granted IN CITY CDOPCIL Fovemb r 22, 2004 Notion Made and Seconded for Passage Dasa d C"m 0&DEA (TITLE,) k. cI=fttma tIts xsecutlan of I Option Agreeamt with Hurt home for Lot b ! in the laakir Industrial Park Assigned to Councilor t FML44