HomeMy WebLinkAbout2003-03-12 03-100 RESOLVEItem No. 03-100
Date:Margin 12.2003
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Item/Subject: RESOLVE, Ratifying Execution and Delivery of Municipal Quitclaim
Deed -- Real Estate Located at 389 Longview Drive
Responsible Department Legal
Commentary:
On February Sr', the Finance Committee recommended approval of the issuance of a guitiaaim deed m be
held in escrow pending the sale of property located on Longview Drive. Payment of the bad Was which
Included matured liens was in excess of $27,000.
To prevent the risk of the sale net going through, a deed was prepared and sent ro the law firm handling
the closing. Staff has since confirmed Mat the closing was held and the money received by the
Treasurers ofice. In addition; Me deed was recorded in the Registry of Deeds.
This Resolve will ratify the actions of staff.
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Manager's Comments:
61mdd.&Vwk
aty, Manager
Associated Information:
Budget Approval: ^
Finance Director
City Solicitor
Introduced for Consent Agenda
X passage
First Reading page X of
Referral
r*0b,r
Msilined to Councilor Tremble March 13, 3003
CITY OF BANGOR
(TITLE.) RESOLVE, Ratifying Execution and Delivery of Municipal Quitclaim Deed — Real
Estate Located at 389 Longview Drive
By the CM Council of the City of Bangor:
RESOLVED,
THAT the actions of the Finance Director and City Sollotor in executing and
delivering a Municipal Quitclaim Deed releasing the City's interest in real estate located
at 389 Longview Drive by virtue of undischarged real estate tax liens recorded in the Penobscot
Registry of Deeds in Book 6720, Page 194; Book 7096, Page 91; Book 7408, Page 11; and Book
7774, Page 347 to Stillwater Avenue Land Associates, is hereby ratified and affirmed.
IN cixr c0®ciL
March 12. 2003
Yaesed M 03-100 -
C RESOLVE
(TITLE,) a e.v.,. m .tv.., . ravv.e.. of
tlwicipal Quitclaim Deed - Eeai Ercate located
at 389 Lougeiev Drive
Councilor=Assignedto