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

Housing and Community Development Committee

DATE: 5/9/2012
TIME: 5:30 PM
LOCATION: Room 209, Second Floor
Portland City Hall
AGENDA

1. Review and accept Minutes of previous meeting held on April 11, 2012.
2. Congress Square Property Disposition Discussion (60 Minutes) – Greg Mitchell and Rockbridge Company officials. Presentation from Rockbridge Capital (Eastland Hotel Owners) followed by discussion.
3. Amend the Creative Portland Development and Arts TIF District (15 Minutes) – Greg Mitchell. Proposed amendments include amending the maximum cap of the District, now at $100,000, and extending the term from 10 years to 15 years.
4. Draft TIF Policy Revisions (15 Minutes) – Greg Mitchell. Review and discuss, particularly in regard to recent TIF requests.
5. Executive Sessions (75 Minutes) – Pursuant to 1 M.R.S.A. 405(6)(C) and (F) and 5 M.R.S.A. 13119-A, the Committee will go into executive session for staff to provide an update regarding negotiations for real estate for Items 5(a), 5(b), and 5(d), and to review proprietary information for all four items listed below. Committee to provide direction to staff – Mary Davis and Greg Mitchell

a. Congress Square Property Disposition (15 Minutes)
b. Federated Bayside Maritime Landing Project (15 Minutes) c. City Hou
sing loan program modification requests - Island View Apartments (15 Minutes)
d. Direction on negotiations related to real estate in Portland (30 Minutes)

Councilor Nicholas Mavodones
Chair