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