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HomeMy WebLinkAbout2002-02-11 02-111 ORDERIh:m ft. oz -111 Date: February11,2002 Item/Subject: Authorivng Purchase and Sale Agreement- 110 Hilirem Sheet Responsible Department: Community and Economic De oixnent This Order would authorize staff to negulate the terms d a Purchase and Sale Agreement which would pravidie the Oty with an assignable option to pund ase 110 Hildreth Street for lease to a prospective eaoomic development client. Aaociated InPormation: Budget Approval: City Manager Finance Director City EolIcKm _ Passage _ First Reading Page _ of Referral SUSPENSION OF THE HOLES 02-111 AsigriWw Co or Tremble Pebmary 11. 2002 CITY OF BANGOR (TIILE.)Order, Authorizing Purchase and Sale Agreement -110 Hildreth Street cuumi p, TB T the Qty Manager is hereby authorized is hereby auHwrized W nepobaea and a" irdo a Purchase and ale Agreement providing tie City an assignabe comm m purtase 110 Hilreth Street for ecwarnic development purposes, abject to Bans and cgrWitlore approved by the Business and Ecorromic D opment Committee of de Coy U nrll. IN CYTY COUNCIL February 11, 2M Mellon Made oust Recorded to SLspeud the Rules to Consider Council Order f02-111 Rules Suspended Motion Made Audi Semrded for Passage Passed (TITLE,) entmrizing paxumae Ana Rale Agreement - Ila Rildxeth Street Assigned to Crunctor