HomeMy WebLinkAbout2004-12-13 05-36 ORDERItem No. 05-36
Date: 12-13-04
Item/Subject Order, authorizing the City Manager to Execute a Lease with Shaw Nouse for
Sitio Control Over the Waterworks
Responsible department: Legal
The City and Shaw House Development, Inc., have entered into a Developer Agreement where
Shaw House will renovate the Waterworks Complex for use as 35 low to moderate income housing
units. HUD recently informed the City that the Developer Agreement does not give Shaw House
sufficient site control for me purpose of processing its grant under the Supportive Housing
Program. Therefore, the City has dratted a lease for the Waterworks for $l 00 to give Shaw House
the necessary -site control.- Since Shaw House is not yet ready to administer the site, the lease
allows the City to keep the premises secure.
The B&ED Committee approved a 3 year lease on December 1, 2004, but HUD is now requiring
a 20 year lease; consequently, Council approval is required.
Department Head
ManageYSComments:
As noted, the Business and Ecorwmic Development Committee approved a 3 year lease. HUD has
requested a longer term. iii n r
City Manager
Associated Information:
Q!)/
Finance Director
City Seidler
X Passage
_ First Reading Page _ of
Referral
05-36
Assignedto Councilor Trem u Oeeeobex 13. 2006
CITY OF BANGOR
(MLE.) ORDER, Audnorizing the City Manager to Execute a Lease with Shaw House for Site
Control Wer the Waterworks
By Hre OCy Camdl OfHie IX y d ft *=
ORDERED, THAT'
The City Manager is hereby authrimed to execute a Lease with Shaw House
Development Inc. for the Waterworks Complex, 635 State Street The Lease shall be in a form
to be approved by the City Solicitor or Assistant Ory Solicitor.
IN CITY COUNCIL
December 13, 2006
Notion Made a" Seconded
for I ssege
less T
MISS
N 05-36
MTLEJ Authorising the City Manage to
Emecate a Lease with Some Moaee for Site
Control Over the Waterworks
Aeelgnedtotouncilor fnp G
fu,40