Portland Development Corporation
| DATE: | 1/21/2010 | TIME: | 4:00 PM | LOCATION: |
Room 209, Second Floor Portland City Hall |
| 1. | President's comments. |
| 2. | Review and recommendation regarding new loan request. NOTE: The Board will first hear opening comments from the loan representative, after which the Board will go into Executive Session pursuant to 1 M.R.S.A. 405(6)(F) and 5 M.R.S.A. 13119—A to review and discuss proprietary information. After review and discussion, the Board will come out of executive session and vote.
A. Loan request from Steve Minor d/b/a Peanut Butter Jelly Time at the Public Market House, 28 Monument Square. |
| 3. | Review and accept minutes of meeting held on December 23, 2009 |
| 4. | Treasurer's Report – December 2009 – Jack Lufkin
A. Monthly Administrative Budget Report B. Loan Receivables Report C. Delinquency Report (Note: Pursuant to 1 M.R.S.A. 405(6)(F) and 5 M.R.S.A. 13119—A, the Board may go into executive session discussion any of the loans listed on the delinquency report.) D. Cash Management Report |
| 5. | Portland Economic Development Plan - Review of approach; see enclosed Memorandum from Greg Mitchell. |
| 6. | Verbal update to Board regarding two DPC board vacancies. |
| 7. | Update on negotiations for sale of property on Riverside Street - NOTE: The Board may go into Executive Session pursuant to 1 M.R.S.A. 405(6)(C) and 5 M.R.S.A. 13119—A, to review and discuss sale negotiations. |
| 8. | Next Meeting Date: February 18, 2010 |
|
Andrew Nelson Board President |