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HomeMy WebLinkAbout2003-02-24 03-92 ORDERItem No n Date: February 24. 2003 Item/Subject: ORDER, Autlacrivng Execution of Municipal QORCWim Deed -- Real Estate tgratvM at 163 Forest Avenue Responsible Department: Legal Commentary: Key Bank, who holds the mortgage on property owned by Janice Putnam and located at 163 Forest Avenue, is going to pay all outstanding real estate taxes and sewer charges totaling approximately $7,000. Because several of the liens have matured, Counal approval lo needed to release any Interest of the City in Me property by virtue of the liens. Key Bank has requested that the deed be directed back to the property owner. There are no known code issues with the property. Finance Committee recommended approval at its Febmary 5° meeting to issue the deed once full payment Is received. Departmen[Head _ anagera wmnmm. �� U�anager Associated Information: 04/ Finance Director City solicitair Introduced Por Consent Agenda x Passage _First Reading Page 1of 2 Referral 03_92 Assigned to Councilor Palmy Pebzuar 26, 2003 .a CITY OF BANGOR (TIRE.) ORDER, Authorizing Execution of Municipal Quitclaim Deed — Real Estate Located at 163 Forest Avenue 6Y ft oty, couno/ of ale City Ofaaogon ORDERW, THAT Deborah A. Cyr, Finance Director, is hereby authorized and directed, on behalf of the City of Bangor, to execute a Municipal Quitclaim Deed releasing any Interest the City may have in the real estate located at 163 Wrest Avenue in said Bangor by virtue of several undischarged real estate and sewer liens recorded in the Penobscot Registry of Deeds. Said deed shall be directed to Janice E. Putnam and in a form approved by the Office of the City Solicitor. ID CITY C009CIL Pebnury 26. 2003 Passed 0 HD6H (TITI j Avt6orisisl: FaeevHw at xssiclpal Quitclaim Deed - Peal 6atate lura[ad at 163 Porest Aaevue Assigned to Councilor 4 !1AV a/ �