HomeMy WebLinkAbout2000-06-26 00-268 ORDERCOUNCIL ACTION
Date: .lune 26. 2000
Item NO. 00-260
Item/subject: ORDER: Extending Purchase Option Agreement fur purchase of Bangor
Waterworks—Eastern Maine Healthcare
Responsible Department Commmity, A Bcnnamic Development
This Order wouldextend the Pumhace Option Agreement with Fasten Maine Heelthcere for d:e Purchase
of the Bangor Waterworks. All permits for the project have been approved except for the necessary
building permits from the City's Code Office.
The Purchase Option Agreement expires Jose 30, 2000 unless die parties agree to on extension.
Additional time is necessary to pursue the feasibility of case of the Waterworks and other development
options. Ms Order would authorize an amendment to the Agreement extending dre option period to
December 29, 2000. Approval is recommended.
Department Read
AeaOoiatet Information: 0/K"
Budget Approval:
Presence Director
Legal Approval:
Citk Solicitor
Introduced PorPassage 0 First Reading 0 Referral
Yege 1 0£ 1
Auigvedto Councilor Baldacei lune 26, 2000
CITY OF BANGOR
(TITLE.) Order, Edanding Purchase Option Agreement for Purchase of Bangor
Waterworks— Eastern Mahe Healthcare
ORDERED, THAT
WHEREAS, the City of Bangor and Eastern Maim Healthcare are parties to a
Purchase Option Agreement, as authorized by Council Order #98-150 passed by the -
Bangor City Council on March 23, 1998, as amended, for the purchase and
redevelopment of the Bangor Waterworks; and
WHEREAS, the partes continue to work towards redevelopment of the Bangor
Waterworks; and
WHEREAS, additional time is necessary to pursue redevelopment options and
finalize plans;
NOW, THEREFORE, BY THE CITY COUNCIL OF THE CITY OF BANGOR, BE IT
ORDERED, THAT the City Manager, on behalf of the City of Bangor, Is hereby
authorized to execute an Amendment to the Purchase Option Agreement between
Eastern Maine HeaitMare and Bre City of Bangor to fh end the option period to
December 29, 2000, said Amendment to be in a form approved by the City Solicitor or
Assistant City Solicitor.
It is farther ozamom, that this be the fia61 extension of the:
furchose Option Agreement between Eastern Maine Healthcare and the'City
of Bangor, ouless Eastern Maine Healthcare denonstrates substautial "
progress towards the rehabilitation ma use of the Bangor watervurte
to the satidfaction of the Bangor City Csuvcil
nmgoNwcounoii« nalaacei .lune 25, 2000
CITY OF BANGOR
[TITLE.) Order, Extending Purchase Option Agreement for Purchase of Bangor
Waterworks — Eastem Maine Healthcare
By the city council of toe altyofeanw.
ORDERED, THAT
WHEREAS, the City of Bangor and Eastern Maine Healthcare are parties W a
purchase Option Agreement, as autlwdzed by Council Order #98-150 passed by the
Bangor City Council on March 23, 1998, as amended, for the purchase and
redevelopment of the Bangor Watemrorks; and
WHEREAS, the Parties continue to work towards redevelopment of the Bangor
Waterworks; and
WHEREAS, addidonal time is necessary to pursue redevelopment options and
finalize plans;
NOW, THEREFORE, BY THE CITY COUNCIL OF THE CITY OF BANGOR, BE R
ORDERED, THAT the City Manager, on behalf of the City of Bangor, Is hereby
authorized to execute an Amendment to the Purdlase Option Agreement between
Eastern Maine Healthcare and the City of Bangor to extend the option period to
December 29, 2000, said Amendment to be In a form approved by the City Solicitor or
Assistant City Solicitor.
IN CITY CDDHCIL
Sumo 26. 2000
Motion for Passage !lade and
Seconded
Councilors Crowley 6 Rebase,
abstained free discussion S vote
Motion Doubted
Motion Made and Seconded to
Amend by adding at the and
of the Order ^It is futthor
OROBMBO, that this be the final
extension of the Purchase OPCIOU
Agressuat between Pastern Maine
Healthcare and the City of Bangor.
wleas Pastern Mafae Realthcare
demonstrates substantial Progress
towards the rehabilitation and use
of the Bandar Waterworks to the
satlsfactiw of the Bangor City
Council"
mtiae Doubted Vote: 6 yen. 1 W.
2 abstaining
Councilors voting yes: Aube. Baldacci,
Pamhm, Palmer. Tremble 6 OardmL
Councilor voting no: Blanchette
Councilors abstaining: Crwley d
Robmn
Motion to Pass As Amended Made and
Secoeded Vote: 5yes, 2 no.
2 abstaining
Councilors voting yes::Aube. Pambm
Palmer. Tremble a vardamis
Councilor voting no. Raldaccf 6
Blancbette
Councilors abstaining: Crwley 6
Bassen
Passed As Aaeaded
Ulu
00-268
ORDER
TMExtending Parchaae Option Agreement
for Purchase of ganger Waterworks - -
Eastern Maine Healthcare
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