I. Council Action Requested.
Title
To approve a Memorandum of Understanding between the Town and the Presumpscot Regional Land Trust for the former Morrell property.
Body
II. Basis for Council Action.
Council approval of this item is required because;
a. Article I, Section 2 of the Charter provides that “The Town may acquire property for any Town purpose, in fee simple or any lesser interest or estate, by purchase, gift, devise, lease, or condemnation and may sell, lease, mortgage, hold, manage and control such property as its interest may require,” and
b. Article II, Section 3(I) of the Charter authorizes the Council to “Exercise all the legislative, financial, borrowing and other powers now or hereafter given by statute to inhabitants of towns acting in Town Meeting except as otherwise provided herein, and also exercise all the powers now or hereafter given by statute to municipal officers of towns.”
III. Issue Summary.
Please view the attached timeline and materials.