HomeMy WebLinkAbout2001-02-12 01-114 ORDERItem No 01_114
Date: February 12. 2001
Item/Subject: ORDER, Authorizing the City Manager to Execute an Assent to Reciprocal
Easement Agreement to Hammond Street Courtyard, L. P.
Responsible Department: Legal
last monM Hammond Street Courtyard, L.P., owners of the former Bangor Furniture Building on
Hammond Street, entered into an agreement with Peoples Heritage in older to provide them with certain
Ingress and egress over and across property of peoples for purposes of maintaining an exismg air duct
on its property.
Hammond Street Courtyard has now requested the City, as a mortgage holder, to assent to this
easement. This assent does not affect the City's rights under its 19% mortgage far the rehabilitation and
development of the property.
The Business & Economic Development Committee considered this item at its meeting on February J,
2001 and recommends approval.
DepartMent Head
Manager's Comments:
wN f.l (City y=Manager
Associated Information: Assent to Reciprocal Easement Agreement
Legal Approval:
City Solicitor
Introduced for CONSENT AGENDA
x Passage
_ First Reading Page 1 of i
Referral
AEignCdMC0u0CilOr Paxnbav Peb[uar9 12, 2001
CITY OF BANGOR
(WrLE.) ORDER, Authorizing the City Manager to Execute an Assent to
Reciprocal Easement Agreement to Hammond Street Courtyard, L.P.
By Me Cly CWno# of the pry ofBenga:
ORDERED,
THAT Edward A. Barrett, City Manager, is hereby authorized, on behalf of the City of
Bangor, to execute and deliver a certain Assent to Reciprocal Easement Agreement to
Hammond Street Courtyard, LP., for purposes of certain ingress and egress to the
fomler Bangor Furniture Building on Hammond Sheet. A copy of said Assent to
Reciprocal Easement Agreement Is attached hereto and is incorporated herein by
reference.
In CITY COONCIL
February 12. 2001
Paeeed 01-116
OREMER
CLSY
Tdle to aniizingAssen the city memoReciprocal
to
Agetare an osaev[ Co Street CGu tyaemm[
Rgreeoevt m Namoud Street CovrCya[d L. P.
Assigned b
nfLZP, Q"Qy,,,1 Councilor
ASSENT TO RECIPROCAL EASEMENT AGREEMENT
KNOW ALL MEN BY THESE PRESENTS, That CITY OF BANGOR a Maine
municipal corporation having its principal office at 73 Harlow Street, Bangor, County of
Penobscot, State of Maine, the owner and holder of a Mortgage which cons itutes a Lien against
certain real estate located at Bangor, County of Penobscot, State of Maine, described in a
Mortgage Deed dazed lune 29, 1998, recorded in the Penobscot County Registry of Deeds in
Back 6734, Page 223 to which reference may be had for a statement of the temss and conditions
of said Mortgage and a description of the mortgaged premises, both being incorporated herein by
reference with the same effect as if fully set forth herein; that the Grantor in said Mortgage Deed,
Hammond Street Courtyard, L.P., who by Reciprocal Easement Agreement dated January 17,
2001, conveyed to Peoples Heritage Bank N.A., certain rights, privileges and easements therein
fully act forth, which Agreement is to be recorded herewith at said Registry of Deeds end to
which reference is made for a statement of the rights, privileges and easements so conveyed; that
for consideration given, the receipt whereof is hereby acknowledged, the undersigned owner and
holder of said Mortgage, does hereby assent to the granting as aforesaid of mid rights, privileges
and easements and to the exercise thereof by said PEOPLES HERITAGE BANK N.A., a
national banking corporation organized according to law and having an established place of
business at Portland, Maine, its successors and assigns, forever, free from the lien and operation
of the aforesaid Mortgage.
M WFFNESS WHEREOF, said City of Bangor has caused this instrument to be executed
by its duly authorized representative this 13th dayof Febmary,2001.
City of Bangor
By &b.ro 6-.(�
Edward A. Barrett
Its City Manager
STATE OF MAINE
County of Penobscot, ss. February 13 ,2001
Personally appeared the above-named Edward A. Barren and acknowledged the
foregoing instrument to be his Bee ad and deed in his said capacity, and the free act and deed of
said municipality.
Before me,
Print Name of Notary: Terri &. Corey
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