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Home My WebLink About2001-09-24 01-377 ORDERItem NO.011-n37 Dale: 9-29-01 Item/Subject: Order, Authornti g City Staff W Negotiate Terms and Conditions Under Which Property Currently Leased in the Vicinity of Bangor IntemaHonal Amort Might Be Sold. Responsible Department: City Coura l - The Business and Economic Development committee has held a number of recent discussions earth businesses Met operated on leased land In the neighborhood! of the Airport regarding the possibility that the Cray might sell trawe properties. Much of this discussion has occurred within the commit of a recently revised City policy governing the sale/lease at Cityproperty. Generally, this polity indicates a preference for Droperties In bul In areas, inducing Norse in question, m be leased. It also oudines circumstances under Mich a sale would he considered. - During these discussions, the business representatives presented a variety of reasons for their preference M own these properties including a all to build equity for business purposes and, In some instances, a belief Mat properties would be improved more readily if Me land was owns]. It was also poli ted out thatexed ng womesses belleve Me newly adouted 00 tices not take into mnederatbn Me Mods and classes of eriMng businesses. City and Airport staff recommended that leass be continued because they pnwide a continuing source of revenue for Bargain International and that lease revenue has became an important element of Me Airports resenue mix and h an un5oing and dependable source of income. Al its last meeting, Me Committee, on a 3-2 voted, supported a motion which would authorize staff to negmtiaR terms ani conditions for possible sale of some or all of Mese properties. The Committee also, however, indicated that such negotiations should recognize Me continuing Income mends of Me airport and that the Committee and Council would consider sale on a case by case basis depending upon the terms and conditions negotiated! as well as other possible factors including the currem and projected use of the property ("highest and best use']. . Given the issues raised and Me wall of Winters expressed by all Pardee involved in Mis discussion, the attohed Council OMer has been prepared for Council mnsidemtion. Atthis paint, Me iesue becure the Council is whether such negotiations should be authomed, not the terms and conditions of suW sales or the order fa¢os which might impact eventual Coural anger on any Par lar piece of property. Pease note that the attached Omer spedncally indicates that Me City Coundl is under no obligation ll [he.5e Qr rte � Department Heed Manager's Comments: Staff=_ recommendation continues to be that these pmpemes remain under lease. For a more complete discussion of this petition, please see the material induced in the last B&ED agenda. AI Me same time, we recognize the issues misotl by the pmpelty owrms and menteers of the Business and Economic Development Committee. Our subsmiarf recommendation, which is incorporated in the attal Order, is Mat any sales whidrmaybeapprovedrecognizethemrmnubgrevenuer slime Airy . City Manager Associated! Information: Order, Polity Budget Approval: Fna ce irm[er Legal Approval: ddor Inger X Passage X Passage First Reading page_ of soasanrc: cors, Assigned to Councilor CITY OF BANGOR (TITLE.) Order, Authorizing City Staff to Negotiate Terms and Conditlons Under Which Property Currently Leased in the Vicinity of Bangor International Airport Might be Sold WHEREAS, the City of Bangor currently leases a number of properties in the vldnity of Bangor International Airport W a variety of individuals and businesses who have eupressed Interest in purchasing ttrese properties; and WHEREAS, these propertles provide an important revenue source 0 Bangor International Airport; and WHEREAS, the City recognizes that current lessees have reaeonable business interests in purchasing - these properties; and WHEREAS, the City also recognizes its obligation to insure a continued revenue flow from the lease Or sale of these properties In order that the Airport, as an entaTtise fund, continues to operate without me need for financial support from the City's General Fond; and WHEREAS, the Oty also has an interest In encouraging appropriate development and redevelopment of these properties and their use for the highest and best possible purposes. NOW, THEREFORE, BE IT ORDERED BY THE CIT' COUNCIL OF THE CITY OF BANGOR, THAT: On request of the lessees, City staff is hereby authorizetl to negotiate potential terms and conditions for the sale of land currently leased from the City In the vicinity of Bangor International Airport, subject to the recognition of the continuing income needs of the Almmt. Staff shall present such terms and conditions to the City Council for Its approval. All parties to these negotiators shall recognize that the City Council's under no obligation to sell these properties or to accept the terms and corMitons which may be presented and that me Council will analyze each situation individually based on the results of these negotiations, the current and projected future use of the property, and such other factors as the Council shall determine to be appropriate. �" AaignW [o Cavncibr exwle9 Septe ex 24. 2001 CITY OF BANGOR (YULE.) Order, Authorizing City Staff W Negotiate Terms and Conditions Under Which Property Currently Leased in the Vicinity of Bangor International Airport Might be Sold WHEREAS, the City of Bangor currently leases a number of properties in the vicinity of Bangor International Airport to a variety of individuals who have e*ressed interest in purtlaxng there properties; and WHEREAS, some of these properties perdue an important revenue source W Bangor International Airport and WHEREAS, the City remgnires that cement lessees have reasonable business Interests In purchasing these properties; and WHEREAS, the City also recognes Its obligation W iraure a continued revenue Bow from catein of Mew properties in order that the Airport, as an enterprise fund, continues to operate without the neetl for financial support from the qty's General Fund; and WHEREAS, the City also has an Interest in enceureging appropriate development and redevelopment of there properties and their use kr the highest and best possible purposes. NOW, THEREFORE, BE U ORDERED By THE Cl y COUNCIL OF THE QTY OF BANGOR, THAT. City stag a hereby auttmdzecl to negotiate potential temis and conditions for the sale of cer nin properties In the vicinity of Bangor hdternnabonal Airport with current lessees, subject to the recognition of Me continuing income needs of the Airport. Stell shall present such temes and conditions to the City Council for IIS approval. All paha to these negotiations shall recognize that the City Council is under no obligation to ttll these properms or to accept Me terms and conditions which may be presented and Mat the Council will analyze each -situation individually bared on the results athese negotiations, the current and projected future use of the property, and moth other factors as the Caundl shall determine W be appropriate. IN CITY COUNCIL September 26, 2001 Marina Made s Seconded 'r for Passage ffition Made and Seconded to Aesnd by Substitution Notion Donblted Jack Quirk, Busimess Omer, urged Passage of this Order Vote: ] yes, 2 me, Couveilors voting yes: Baldacci, Crowley, Paruhem, Farrington, Wohmsu, Trouble a vardme cowcilors voting m: Blanchette a Palmer Posed As Amnded by substitution ( T cm EER V # Q1 -37L ORDER (TITLE,( Authorisfam City Staff t0 Negotiate Terns and Conditions Under Which Property Currently Leased in the Vicinity of smagot Strpor, MTgftc . Sold 1 Assigned W councSw rl f "