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HomeMy WebLinkAbout2001-06-11 01-242 ORDER0I Have No. 01-262 Date: June It. 2001 Item/Subjects ORDER Establishing Municipal Development District to be known as the "Bangor Center Development District" Responsible Departments Community B Economic Development BEARJJSaII -Prim to voting as this Order, the Council is required to hold a Public Hearing on Establishing a Municipal Development District to be known as the Bangor Center Development Distrct. This is the fast of several Orders necessary for the establishment of the Bangor Center Development District territories; the estab udonv [ of a Development Program and Financial Plan; and the implementadon of assessments nwessary to fund the 1 gram. i Associated Information: Budget Approval: AE &0' Finance Director Legal Approval: City Solicitor Ind: r duced for Passage _ First Reading Page _ of _ Referral Assigned to Councilor Vaideois ]me ll, 2001 CITY OF BANGOR (TIRE.) Order, Establishing Municipal Development District to be known as &a 'Bangor Center Development District^ By Me Oty Camd/WMe CW of Mzgum. ORDERED, THAT WHEREAS, order 30-AM.AS.A- Section 5253(1), the governing body of a municipality may designate a development &and within the boundaries of the municipality, atter notice and bearing; and WHEREAS, the Municipal Development District Advisory Board has recommended that the Bangor Center Revitalization Area be designated as a Municipal Development District ander said scoures; and WHEREAS, more than 25% of said revitalization ansa is a blighted area and is in need of rehabilitation, redevelopment and conservation work; and WHEREAS, the total area of the proposed development district does not exceed 20% of me total acreage of the City of Bangor, and WHEREAS, by option of this Order, the City Council of the City of Bangor does hereby find and determine it to be in the best interests of the City of Bangor to establish said development district; NOW, THEREFORE, BY THE CITY COUNCIL OF THE CITY OF BANGOR, BE IT ORDERED THAT the downtoxn area of the City of Banger. as described on Exhibit A attached hereto, is hereby designated as a mmticipel development district in accordance wills 3PA M.R.SA. Section 5253 (1) to be knows as me 'Bangor Center - Development Distrief'. - IN CITY COUNCIL Jose ll. 2001 Notion Made and Seconded to Open Public Hearin. Public Hearing Opened. He one from the Public Spoke. Notion Hale and Seconded to Close public Hearing. Public Hea[fog Nation Made and Seconded for p 01-262 (rITLE,) Establishiagney,lase.nt District to be know, as the a"Borger Center Development District"