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Council approves lease reassignment and sale of 110 Hildreth Street to Maine Recycling after questions about deposit and lease rate
Summary
The council approved a lease assignment and the sale of city-owned 110 Hildreth Street to Maine Recycling. Councilors pressed staff on earnest-money protections and the lease rate; the sale passed 8–1 and the lease assignment passed unanimously by roll call.
The Bangor City Council on Sept. 8 approved two related orders authorizing (1) the assignment of an existing lease at 110 Hildreth Street to Maine Recycling Corporation and (2) the sale of the city-owned property to Maine Recycling for $2,091,600.
Councilor Fournier moved the lease-assignment order (25‑268), which authorizes the city manager to reassign the current lease between the city and JSI Store Fixtures to Maine Recycling. City staff, represented by Regita Hernandez Smith, told…
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