Portland Development Corporation
| DATE: | 11/4/2010 | TIME: | 4:00 PM | LOCATION: |
Room 209, Second Floor Portland City Hall |
| 1. | President's comments. |
| 2. | Review and recommendation on two new loan requests. 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 Gorgeous Gelato at 434 Fore Street; B. Loan request from Savi Realty LLC at 193 Middle Street. |
| 3. | Review and accept minutes of meetings held on September 16, 2010 and September 30, 2010 |
| 4. | Treasurer's Report – October 2010 – Jack Lufkin
A. Monthly Administrative Budget Report B. 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.) |
| 5. | CDBG application for Business Assistance Grant Program present for your review and approval. |
| 6. | Next Meeting Date: November 18, 2010 – Awards Ceremony – see attached Invitation. |
|
Sam Spencer Board President |