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Town of Falmouth, Maine
271 Falmouth Road
Falmouth, ME 04105
town@town.falmouth.me.us
(207) 781-5253

 
April 13 Agenda Item 2
Attachments:
Attachment NameAttachment SizeAttachment Date
Size: 26K
Last Updated: 2009/4/13
Size: 303K
Last Updated: 2009/4/13
Size: 20K
Last Updated: 2009/4/13
Size: 24K
Last Updated: 2009/4/13
Size: 65K
Last Updated: 2009/4/13
Size: 50K
Last Updated: 2009/4/13
Size: 19K
Last Updated: 2009/4/13
Size: 46K
Last Updated: 2009/4/13
Size: 12K
Last Updated: 2009/4/9
Subject:
Order to authorize the Town Manager to execute the following agreements regarding Hat Trick Drive:

  • Public-Private Limited Development Agreement by and between the Town of Falmouth, Falmouth Plaza, LLC, Family Ice and Wal-Mart Real Estate Business Trust;
  • Easement Agreement by and between the Town of Falmouth, Falmouth Plaza, LLC and J.E.P., LLC;
  • Easement Agreement by and between the Town of Falmouth and Falmouth Plaza, LLC;
  • Mortgage Subordination Agreement by and between The Guardian Life Insurance Company of America, Falmouth Plaza, LLC and the Town of Falmouth; and
  • Agreement by and between the Town of Falmouth and Family Ice.   
ACTION: Council action is anticipated.
Summary:
These agreements are necessary to start and complete the construction of a new public easement/street linking Lunt Road to Clearwater Drive, such street to be located between Wal-Mart and Family Ice.

The Council previously approved all documents but based on new, lower than expected bid results, and a few other minor modifications, the Town Council will need to act on this matter.

Copies of all applicable documents, easements and agreements are attached. We have also attached a summary from Town Attorney Bill Plouffe.

 

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