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HomeMy WebLinkAbout2000-12-11 01-73 ORDERItem No m -la Date: 12 - 11 - 00 item/Subject: ORDER, Authorizing the City Manager to execute an Amendment to Consent& Forbearance Agreement with Acadia for 119 Indiana Avenue. Responsible Department: Legal Office The Amendment to Conserrt &Forbeazaace Agreement Is necessary to permit Acadia to close a refinancing agreement with MSH and Penquis for additional forgivable fonds at the Hope House site. The Council has previously approved this document with a minor variation to bepjwing and ending dates. Department Head Manager's Comments: f ('r al 1Z --boa > / CIN Manager Associatell IMommtion Buri Approval: Hnance Director Legal Approval: Sv 54t City Solicitor _ First Reading page _ M Referral r� AAigned roCOWlcil« vudam4a December 11, 1000 c 1, CITY OF BANGOR (TITLE.) Order, Authorizing the City Manager to execute an Amrndment to Consent & Forbearance Agreement with Acadia for property located at 1791ndiana Avenue, Bangor. byte my Caunnl oftre Ory ofdaga: ORDERED, THAT The City Manager is hereby authorized, on behalf of the City of Bangor, to execute an Amendment to Consent & Forbearance Agreement with Acadia in for property located at 199 Indiana Avenue, Bangor. Said document shall be in a farm approved by the City Solicitor or Assistant[ City Solicitor. IN CIW WMIL neceo er 11, 2000 Nation for Passage I e and Seconded Councilor Croeley Abstained from Discussfao amd vote 01-I3 ORDER TIU% Authorizing tLe City Manager to grecute an Ameodnent to Consent d porhearance Agreeuent with Acadia for Property Located at 179 Iudlam A enma, g or As ftmd IO / I�(4 /I Vc nndlcr