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

Portland Development Corporation

DATE: 3/17/2011
TIME: 4:00 PM
LOCATION: Room 209, Portland City Hall
Second Floor
AGENDA

1. President's comments.
2. Review and accept minutes of meetings held on January 20, 2011.
3. 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 Dobra Tea at 151 Middle Street

4. Treasurer's Report – February 2011 – 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. Update on Marketing Activities – see enclosed memo from Nelle Hanig for discussion.
6. FAME REDLP Funding Opportunity – see enclosed memo from Nelle Hanig for discussion.
7. Update on FY11 Economic Development Activities – see enclosure. Provided for your information.
8. Communication – Mainebíz Article of 2/21/11 “Going my way” regarding Portland’s investment in transportation infrastructure provided for your information.
9. Next Meeting Date: April 21, 2011

Sam Spencer
Board President