HomeMy WebLinkAbout2017-06-12 17-197 ORDERCOUNCIL ACTION
Item No. 17-197
Date: June 12, 2017
Item/Subject: ORDER, Authorizing the City Manager to Execute a Consent to Assignment of Parking
Lease with Baltimore Waterfront Associates to Cage Properties LLC
Responsible Department:
Commentary: This order will authorize the City Manager to execute a consent to assign a parking
lease for 8 spaces. Baltimore Waterfront Associates, who has since sold the building located at 4 Union
Street, currently holds the lease. Cage Properties LLC has purchased the building from Baltimore
Waterfront Associates and would like to assume the lease for the parking spaces. The assignment must
be approved by the City of Bangor.
This item was reviewed and recommended for approval by the Business & Economic Development
Committee at its June 6, 2017 meeting.
Manager's Comments:
Associated Information:
Budget Approval:
Director
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Tanya Emery
Department Head
City Manager
Finance
Page _ of _
Assigned to Councilor Nealley
CITY OF BANGOR
17-197
JUNE 12, 2017
(TITLE.) ORDER, Authorizing the City Manager to Execute a Consent to Assignment of
Parking Lease with Baltimore Waterfront Associates to Cage Properties LLC
BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT
the City Manager is hereby authorized and directed, on behalf of the City of Bangor, to execute
a consent to assign a parking lease formerly held by Baltimore Waterfront Associates to Cage
Properties LLC, who has purchased the building at 4 Union Street from Baltimore Waterfront
Associates.
IN CITY COUNCIL
JUNE 12, 2017
CO 17-197
PASSED
CITY LERK