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: 6/30/2011
TIME: 4:00 PM
LOCATION: Room 209, Second Floor
Portland CIty Hall
AGENDA

1. President's comments.
2. Review and accept minutes of meeting held on April 28, 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 Browne Trading Company, 260 Commercial Street.

4. Treasurer's Report – May 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. Corporation Counsel’s support for DPC through first week of August.
6. Loan Subcommittee Update
7. Next Meeting Date: July 16, 2011

Sam Spencer
Board President