HomeMy WebLinkAbout2017-04-10 17-132 ORDERCOUNCIL ACTION
Item No. 17-132
Date: April 10, 2017
Item/Subject: ORDER, Authorizing Execution of Documents for the Sale of 45 Patten
Street to Tinh Thai, in the Amount of $4,500 - Map -Lot (035-040)
Responsible Department: Finance
Commentary: This Order would authorize the sale of 45 Patten Street to Tinh Thai for $4,500.
Council Order 15-230 authorized the City to acquire 45 Patten Street for delinquent taxes. In March,
2017 the City issued a Request For Proposals (RFP) to purchase the property in an as is condition.
The intent of the RFP was to find an investor willing to demolish the existing structure and build a
new, single family home on the parcel. However, it was also stated in the RFP that consideration
would be given to any plan which involved rehabilitation of the existing structure. The City received
one response, Tinh Thai.
Mr. Thai currently owns 5 properties throughout the City. The properties are a mix of single family,
multi -family and commercial buildings. Mr. Thai is current on all taxes, sewer, and storm water
payments.
The Finance Committee reviewed and recommended this item for approval at its April 3, 2017
meeting.
Manager's Comments:
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Department Head
City Manager
J_,J�
Finance Director
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City s61i6ftor
Assigned to Councilor Faircloth
CI`T'Y OF BANGOR
17-132
APRIL 10, 2017
(TITLE.) ORDER, Authorizing Execution of Documents for the Sale of 45 Patten Street
to Tinh Thai, in the Amount of $4,500 - Map -Lot (035-040)
BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT
The City Manager is hereby authorized, on behalf of the City of Bangor, to execute an
Agreement, and all other necessary documents, for the sale of real estate located at 45 Patten
to Tinh Thai in the amount of $4,500. Said documents shall be a final form as approved by the
City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
APRIL 10, 2017
CO 17-132
PASSED
CITY CLERK