HomeMy WebLinkAbout1988-10-13 Finance Committee MinutesMEMO FOR RECORD
DATE: October 24, 1988
FRi Sally B. Thompson
RE: Finance Committee Meeting of October 13, 1988 at 4:30 P.M.
At its meeting of the above date, the Finance Committee took
the following action relative to Community Development:
1. Approved a deferred loan in the amount of $4,100.00
to Stephen R. and Penny J. Ames for the
rehabilitation of their property at 331 French
Street, Bangor, Maine.
2. Approved a deferred loan in the amount of $7,000.00
and a loan in the amount of $750.00 to Charles E.
and Marilyn A. Cameron to rehabilitate their
property at 5 Nelson Street, Bangor, Maine.
3. Approved a loan in the amount $40,650.00 to Cynthia
M. Russell to rehabilitate her property at 55 Grove
Street, Bangor, Maine.
A discussion was had on the Rehabilitation Guidelines. It
was requested that a copy of the guidelines be given to the Council
members for review.
.B.T.
SBT/rp
copy to: Sally
Rod
Stan
T.J.
Bob Miller
City Manager
City Council Finance Committee File