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Investor warns Bangor's vacant-property ordinance penalizes sellers and renovators
Summary
A local real-estate investor said the city’s vacant-property ordinance can impose fees on properties listed for sale or under renovation, calling for exemptions and clearer language.
Connor Winchenbach, a local real-estate investor, told the Bangor City Council on March 17 that the city’s vacant-property ordinance is having unintended consequences for sellers and property renovators.
Winchenbach said he buys vacant, distressed properties to renovate and return to the market and supports the ordinance’s goal of addressing blight and institution-owned vacant homes. But he said the ordinance’s current wording — specifically “section 223-7” as cited in the meeting — requires…
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