Planning & Urban Development Department | 389 Congress St | Room 308 | Portland, Maine 04101 | 207-874-8683
CITY OF PORTLAND, MAINE
Notice of Meeting

Portland Development Corporation

DATE: 4/13/2010
TIME: 4:00 PM
LOCATION: State of Maine Room, Second Floor
Portland City Hall
AGENDA

1. President's comments.
2. Review and recommendation regarding new loan request and public infrastructure grant request.

NOTE: The Board will first hear opening comments from each 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 Portland Color at 14 Industrial Way;

B. Public Infrastructure Development Action Grant Request from Figa Restaurant located at 249 Congress Street.

3. Review and accept minutes of meeting held on March 18, 2010
4. Treasurer's Report – March 2010 – 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. Review and accept draft FY11 DPC Administrative Budget (enclosed).
6. City Manager FY11 recommended City budget impacts upon DPC operations.
7. Bayside and Riverside Street Property Real Estate Actions – Recommendation to transfer DPC-owned property in Bayside and on Riverside Street – See enclosed memorandum from Ann Freeman.
8. Congress Square Redesign Study Group Update – FYI.
9. Next Meeting Date: May 20, 2010

Andrew Nelson
Board President