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HomeMy WebLinkAbout1999-10-13 99-338 ORDERCOUNCIL ACTION Item No, 99-11e Date October 13, 1999 Item/Subject: Authorizing City Manager to Execute a Lease or Purchase & Sale Agreement with Bangor Gas Company, LLC (Portion of Tax Map 46, Lot 63A) -- Milford Street Extension Responsible Department: Legal Bangor Gas Company, LLC has asked to lease or purchase approxi- mately 7,800 square feet of City property located on Milford Street Extension for the purpose of constructing aregulator station. If purchased, the purchase price will, be the as sed value. This x Order authorizes the execution of a Purchase&sSale Agreement and deed. The final terms will be determined by the Finance. Committee. The Community & Economic Development Committee recommends approval 74 epamtm of ead Manager's Comments: r City Manager Associated Information: Budget Approval: Finance Director Legal Approval: City Sol' itor X Passage First Reading Referral Page 1 of 2 99-338 Aeugoed to Couacdor Crowley. October 13. 1999 CITY OF BANGOR (TITLE) (oe1beT Authori 1. zing .11 city M ger t EXCCLLCe a Lease or Purchase S Sale Agreement with Bangor Gas Company, LLC (Portion of Map 96, Lot 63A) Milford Street Extension By aw City COnrvwi! of the City Of Bonier. ORDERED, THAT Edward A. Barrett, City Manager, is hereby authorized, on behalf of the City of Bangor, to execute a Lease or Purchase and Sale Agreement with Bangor Gas Company, LLC for property located on Milford Street Extension containing approximately 7,800 square feet and to execute a Municipal Quitclaim used if all terms and conditions of the Purchase 6 Bale Agreement are met. Said documents shall be in a form approved by the City Solicitor. 99-338 IX CITY CO@1CIL October 13. 1999 O R D E R Paeaed Serrate fa [rise of Cit➢ Manager to Title, a i.eese of Yurcheee 6 Sale I1R Agreeaevt elth Bangor Cee COMWeeY. YSC'('Poffidu'uE WO*46; ,Uf*6341 Milford Street estenaioa ...................................... 4:--547AsOped to ............. �Eyy...... coondilman