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: 7/28/2011
TIME: 4:00 PM
LOCATION: City Council Chamber
Second Floor, Portland City Hall
AGENDA

1. President's comments.
2. Review and accept minutes of meeting held on June 30, 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 Maine Parts and Machine at 68 Waldron Way

B. Loan request from Museum of African Culture at 13 Brown Street.

C. Loan modification request from Washington Avenue LLC at 1039 Washington Avenue.
4. Treasurer's Report – June 2011 – Preliminary Due to FYE – 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. DPC Board Member Recruitment
6. Next Meeting Date: August 18, 2011

Sam Spencer
Board President