Loading...
HomeMy WebLinkAbout2001-03-14 01-143 RESOLVEItem Rq 01-163 Date: 3 -14 -01 Item/Subject: ORDER, Appropriating Funds of $160,000 from Airport Reserves for the Purpose of Purchasing Approximately 41 Acres of land Located at Downing Road being part of Map 415, Lot 4 of the City of Bangor Tax Maps known as the Colbum Property. Responsible Department: Airport Commentary: The Business and Emnomic Development Committee and the former N" Committee have approve d the purchase of 41+/- acres from Edwin W. Colburn for a tafai of approximately $465,000 with terms of approximately $155,000 downpayment with the balance paid over three years. This order Will appropriate the required funds to weer the purchase price and dosing costs. Deparmiem Head (i City Manager �r Budget Approval: Anance Director Intratluaed for Passage X First Reading Page _of_ Referral 01-143 AS AMENDED SMSTIS W" y. a Assigned to Councilor Beldacci IhreD 14, 2001 �A CITY OF BANGOR (TITLE.( Resolve, AooroDriatl Purpose of Purchasing Approximately 41 Acres of Land Located at Downing Road being Part of Mao 415. Lot 4 of the City of Bangor Tax Maps Known as the Colburn Propertv By the GXY Council of the City of Bangor: RESOLVED WHEREAS, the City wishes to purchase property for noise abatement purpose; and WHEREAS, property is available from Edwin W. Colburn; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT, an appropriation be made of $160,000 from Airport Reserves for the purpose of purchasing approximately 41 acres of land located at Downing Road being part of Map 4-15, Lot 4 of the City of Bangor tax maps known as the Colburn Property. Said purchase shall be subject to final review of all pertinent documents by the City Solicitor. Assigned to Councilor aalaaccl Nexch 14, 2001 CITY OF BANGOR (TITLE.) ORDER, Appropriating $160,000 from Airport Reserves for the Purpose of Purchasing Approbanately 41 Acres of land Located At Downing Road Being Part of Map 415, lot 4 of the City of Bangor Tax Maps Known as the Colburn Property By the Ctry Counal of Me OYyofONW.. ORDERED, WHEREAS, The City wishes to purchase property for noise abatement purpose; and WHEREAS, Property Is available from Edwin W. Colburn NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CRY OF BANGOR THAT An appropriation be Made of $160,000 from airport reserves for the purpose of purchasing approbrmately 41 acres of land located at Downing Road being part of map 415, lot 4 of the City of Bangor tax maps known as the Colburn Property. Said purchase shall be subject to final review of all pertinent documents by the City Solicitor. Il CITY COUNCIL Narcb 14, 2001 First Beading CIRC IN CITY COUNCIL March 26, 2001 Motion for Passage Made and Seconded Motion to Auend by Substitution Made and seconded Motion Passed Passed As Amended by Substitution n TY 1-143 (TITLE,) Appropriating $160,000 free Airport Reserves for the Propose of Purchasing Approximately 41 Acres of Land Located at Beaming Road, Be,"Part p - et 4 of the City of gauger Tax Maps grown as the