HomeMy WebLinkAbout2004-08-09 04-253 ORDERItem NO. M-253
Date: Aueua19.2004
]tern/Subject ORDER Designating Larry Springer Tentative Developer of
Exchange Street Develapment Parcel
Reapansible Departtneak Community&Economic Development
Larry Springer hes requested the City grant him tentative developer status for development of two
proposed 50,000-60,000 square foot once buildings in two Phases on the City owned Exchange Street
Development Parcel formerly known as Urban Renewal Parcel B-13. This Order would grant Zany
Springer exclusive smlus as developer of the site until November B, 2005 and until than the City would
deal exclusively with Larry Springer for development of the site. Coring this period, Laity Springer
would have an opportunity to submit for the City Council's consideration a more specific proposal for his
proposed development sufficient in detail to outline the gmeral stype of development and convey m the
City sufficient information to determine the level of investment and character of the work to be
pertomted.
Department Head
Manager's COMMents:
This has been nrvlevred and Is recommended "e Business and Economic DDeevAelloplment Committee.
�t�-�Iry�ger
Fnance Director
Legal Approval:
City Solidror
Introduced for
�( Poseage
efeRmRlrtp page_M_
R
_ ef0rtal
Ass;gnedro Councilor D'8rrien August 9, 2004
CITY OF BANGOR
(M E.) Order, Designating Jany Springer Tentative Developer of Ex hange Street
Development Parcel
WHEREAS, Larry Springer is interaled in developing two office buildings in two Phases on the
Oty owned Exchange Street Development Parte formerly known as Urban
Renewal Parte &13; and
WHEREAS, Larry Springer requires time to prepare a formal development proposal for
considera lon by the City Caunc l; and
WHEREAS, Me Ory hes gated'tenhdive developer'sanus M pohntlal developers on
various Cry owned development sites in the past, thereby providing Me developer
dime M prepare a specific development proposal for Me Ory Councll5
consideration and during which Ume the CRy agrees M deal erzdusively wiM the
designated tentative developer for Me purpose for which tentadve developer
status was granted;
NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR
TINT Larry Springer is hereby designated the Veto" developer of Me Cry owned Exchange
SamA Development Parcel; Mat such designation is in elfed until November 8, 2009; Mac Larry
Springer shall have until November 8, 2009 M prepare and submit in writlng M Me Ory a
specific proposal for development of two 50,00060,000 square foot office buildings in two
Phases on Me six; and that during the period of designation Me Cry agrees M deal exdusi'vely
wah Larry Springer for Me purpose for which tentative developer status was granted. The
proposal submitted for the City's considemdon shall be sufiMent in Eetail co outline Me general
scope of development and convey sufficient uffomnadion for the City to determine the level of
Investment proposed, character of Me work M be performed, and schedule for Me poposed
development. Preliminary plans wbmilted YAM Me proposal are M include a concept plan
showing Me propose! layout of Me buildings and other site improvements; a floor plan
showing proposed general room layouts and use, including entrances and exfts and overall floor
area or each floor; a witable aosssectlon or elevation of Me buildings showing Me
relationship of floors to surrounding grades, and materials M be used far ededor building
facade be someM.
IP CITY COOPCIL
August 9, 2006
Motion Made and seconded
for Passage
Passed sp1
C CLCIW
N 04-253
ORDEA
(TITLE,) Desig arise Larff spriuger Tentative
Developer of Fschavge 5[reet Davef—Poen[
Parcel