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HomeMy WebLinkAbout2000-06-12 00-247 ORDERItem Ncs 00-267 Date: lune 14, 2000 Item/Subject: Amending Purchase Opdon Agreement-MRCC Inc. d/b/a Unicel Responsible Department: Community and Economic Development The City entered an Agreement with Unkel / Maine Rural Cellular Corporation, Inc. providing for the development of da, Uulcel's new corporate headquarters' building on Telcom Drive off Union Street in the BIA Commercial / Industrial Park. The Agreement provided Unicel development incentives based on the number of newjobs created at its new location. The Agreement incorrectly hats the umber of employees at Unicel's corporate headquarters at One Cumberland Place in October 1997 as 90, whereas dre correct member was 43. This Order would authorize an amendment correcting the Department Head The Community and Economic Development Committee volt have a recomm datiz Clry Manager Associated Information: Order Finance Director Intr ced for Passage _First Reading Page _of_ Referral 00-247 Assigned! to C=61ar 9aldacci June 12, 2000 CITY OF BANGOR (TIRE.) Deviser, Amending Purchase Option Agreement —FIRCC Mc. d/b/a Unicel By th qty Ruasof ofthe qry ofBan9an OntmourD, THAT WHEREAS, the City of Banger granted a Purchase Opdnn Agreement to Maine Rumd cellular Corporation, Inc„ d/b/a Unicel, for the purchase and development of Lot 12B in the BSA commercial / Industrial Park pursuant to Council Order 98412 passed by the Bangor City Council on October 14, 1998; and WHEREAS, the Agreement provided for certain development Incentives bared on the number of new employees employed by Unicel at Its neve corporete hendquartes building at 8 Telcom Drive; and WHEREAS, an amendmentto mid Agreement is appropriate in order to correct an error stating the number of employees employed by Unicel at It corporate headquarter as of October 1997 as 90; NOW, THEREFORE, BY THE City COUNCIL OF THE QTY OF BANGOR, BE IT ORDERED THAT the Qty Manager is hereby authodaed to execute an amendment to the Purchase Option Agreement granted to MRCC Inc. by Ha City of Bangor approved by Council Orda 98-412, and executetl by an Ory on November 4, IM, as follows: Section Il of said Agreement be amended by sumthe g the number 43 for the number 90 as the number offull time employees by the OPTIONEE at its corporate headquarters October 1997, the amendment m be in a form approved by the Ory Solicitor or Assistant City Solicitor. IN CM COONM ]we az, 20M oo-za) Notion for Passage Made and QPDR Seconded passed TVJC Amending Purchase Option Agree ent MRCC ins. AWN Dattel 11 i