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HomeMy WebLinkAbout2017-03-27 17-109 RESOLVECOUNCIL ACTION Item No. 17-109 Date: March 27, 2017 Item/Subject: RESOLVE, Ratifying Execution of Municipal Quitclaim Deed to MTGLQ Investor's L.P.- 25 Elm Street - Map, Lot (048-105) Responsible Department: Legal Commentary: Stormwater liens matured on the property of MTGLQ Investor's L.P. of 25 Elm Street. All outstanding charges due the City have been paid. There are no outstanding real estate taxes, sewer charges or property issues. Because the liens matured and in order to facilitate the closing, the quitclaim deed has been executed releasing the City's interest in the property. This Resolve will ratify staff action. D a ment ead Manager's Comments: City Manager Associated Information: Budget Approval: Fi n- a-n-ceTDirector Legal Approval: City Solicitor Introduced for Consent Agenda x Passage First Reading Referral Assigned to Councilor Nealley CITY OF BANGOR 17-109 MARCH 27, 2017 (TITLE.) Resolve, Ratifying Execution of Municipal Quitclaim Deed to MTGLQ Investor's L.P.- 25 Elm Street - Map, Lot (048-105) BY THE CITY COUNCIL OF THE CITY OF BANGOR: BE IT RESOLVED, The actions of Deborah Cyr, Finance Director, of executing and delivering a Municipal Quitclaim Deed from the City of Bangor to MTGLQ Investor's L.R. for property at 25 Elm Street in Bangor, Maine are hereby ratified and affirmed. IN CITY COUNCIL MARCH 27, 2017 CO 17-109 PASSED CITY CLERK