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HomeMy WebLinkAbout2001-05-14 01-202 ORDERItem No. n Dete• May 14, 2001 Item/Subject: ORDER, Authorizing the City Manager to Execute an Assent to Granting of Pole Line Easements to Bangor Hydro -Electric Company — Hammond Street Courtyard, L.P. Responsible Department: Legal UA month Hammond Street Courtyard, L.P., owners of the former Bangor Furniture Building on Hammond Street, granted an easement to Bangor Hydro-Electnc Company. The easement provided the Hydro access over and across the property to extend serrAce lines from the easement area underground W fadlides and buildings new located or to be located in the area, and to construct, maintain and operate poles and wires and their fiMres and supports on a temporary basis to service certain buildings. Bangor Hydro has now requested the City, as a mortgage holder, to assent to this easement. This Assent does not affect the City's right; under Its 1998 mortgage for the rehabilitation and development of the Property. The Business A Economic Development Committee considered this Item at its meeting on April 17, 2001 and recommends approval. DePartm tHezd Manager's Comments: City Manager Associated Information: Assent to Granting of Pole Line Easements Hnance Director Legal Approval: Cry Solicitor Introduced for CONSENT AGENDA x Passage _ First Reading Page -I,,& 3 Referral r AWDwd no Councilor xruale May 16. tool %:o CITY OF BANGOR (TITLE.) ORDER, Authorizing the City Manager to Execute an Asaxamto Granting of Pole Line Easements to Bangor Hydro -Electric Company — Hammond Street Courtyard, L.P. By are city tbwla/wme city weaiga: ORDERED, THAT Edward A. Barrett, City Manager, Is hereby authorized, on behalf of the City of Bangor, to execute and dellm a certain Assent to Granting of Pole Line Easements to Bangor Hydro -Electric Company, for purposes of locating underground electric Whites in the area of the Hammond Street Courtyard, L.P., the former Bangor Furniture Building on Hammond Street. A copy of said Assent Is attached hereto and is incorporated herein by reference. _ IH CITY COOWCIL May 14, 2001 k 01-202 Passed O HOER CL EH6 (TITLE,) Authorizing the City Manager to Wsecute an Assent to Creating of Pole Line 8efements to Bangor Hydro-nectrLc Cospany Ruud Street Courtyard, L.P. Asaignneod/too CCoouunyclior ASSENT TO GRANTING OF POLE LINE EASEMENT IWOW ALL MEN BY THESE PRESENTS, That CPCY OF BANGOR, a municipal corporation having its principal place of business 9 Bangor, County of Penobscot State of Maine the owner and holder of a Mortgage which constitutes a Lim against certain real estate located at Bangor, County of Penobscot, State of Maine, described in a Mortgage Dead dated June 29,1998, recorded in the Penobscot County Registry of Deeds, in Book 6734, Page 223 to which reference may be had for a statement of the toms and conditions of said Mortgage and a description of the mortgaged premises, ham being incorporated herein by reference with the save eRect as if filly set forth herein; that the Grantor in said Mortgage Deed, Harrowed Street Courtyard, L.P., who by Dead dated March 16, 2001 conveyed to Banger Hydro -Electric Company, certain rights, privileges and easements therein fully set forth, which Deed is recorded or is to be recorded at said Registry of Deeds and to which refoeace is made for a statement of the rights, privileges and easements so conveyed; that for valuable consideration to it paid, the receipt whereof is hereby acknowledged, the undersigned owner and holder of said Mortgage, does hereby assent to the granting as aforesaid of said rights, privileges and easements and to the exercise thereof by said BANGOR BYDRO-ELECTRIC COMPANY, a Maine corporation organized according to law and having an established place of business at Bangor, Maine, its successors and assigns, forever, free from the lien and operation of the aforesaid Mortgage. W WITNESS WHERBOF, the said City of Bangor has caused this instrument to be executed by its duly authorized representative this 15th dayofApriF2001 May CITY OF BANGOR 31S WE. VID County of Penobscot as; Aper 15J 2001. Personally appeared the above-named Edward A. Barrett and acknowledged the foregoing instrument to be his free act and deed in his aforesaid capacity and the does set and dead of said corporation. Before ren, L, CeSe Notary Public Print Name of Notary: TPBRI L COREY NOTARY POLIS MINE NYe4NNINEIUNENNREPDED1910 BAA