HomeMy WebLinkAbout2001-01-22 01-104 ORDERItetr: Mo�
Date: January22,1001
Item/Subject: Authorizing Reimburscnent to the Maine Discovery Museum for Freeaes
Building Improsismerda
Responsible Department: Community and Economic Development
[anmcdary: The City approved ]oars of $1,934,300 to JMC Partners, LLC (Joe Cloutier) to
vmprovemems argil rehabilitation of the lower three fioors and basement of the Main Street side of the
Freeaes building. Only $1,899,409.51 was used by WC Partners, leaving a remaining available balance of
$34,590.49. With accmed interest, approximately $35,200 remains available from the $1,934,000
borrowed by the City.
JMC Partners ended their work without completing some of the work marooned, as Wintered work
would not necessarily have benefited the amended museum use. Contractors fm the Maine Discovery
Museum have completed the additional work mounded and representatives of the museum have requested
reimbursement from the City from funds remaining available for this intended purpose. This Order would
authorize reimbursement to the Maine Discovery Museum from the funds remaining not to exceed
$35,200.
2t" xKa
DeparoneM ead
Associated Information:0 Aby
Rnante Director
Legal Approval:
Soldier
Passage
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First Reading Page_ of _
Balsams]
A93rgned to COWCIIO( Va[damis ]avuai9 22. 2001
Ilk 4
CITY OF BANGOR
(TITLE.) Order, Authorizing Reimbursement to the Maine Discovery Museum for
Fresses Building Imp(ovements
By the OIY Opened ctxaw 0sy of Bangor.
ORDF.RF.D, T T
WHEREAS, the City through agreements with ]MC partners, approved by Council Orders 98-397
and DD -58 agreed to provide $1,934,300 for financing of Improvements and rehabilitation of the
Omer three floors and basement of the Main S02et side of the former Freeess building at 74-96
Main Street; and
WHEREAS, of the $1,934,300, $1,899,909.51 was advanced W ]MC Partners, LLC leaving a
balance of $34,59D.49, and with aarued Interest, approximately $35,200 remains available;
and
WHEREAS, contractors far the Maine Discovery Museum have completed Improvements to the
former Freeze building intended to be financed by the Ory;
NOW, THEREFORE, BE IT ORDERED BY THE CM COUNCIL OF THE CITY OF BANGOR, THAT
the City Manager is hereby authorized to reimburse the Maim Discovery Museum for
Improvements and nehabllNation W the lower three floors and basement of the former Freesse
building, from funds remaining available In Ory Account Nos. 79-09-73082000 and 79.09.
91008700, in a total amount not to exceed $35,200.
W CI7f COO IL
lasmry 22. 2001
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