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HomeMy WebLinkAbout1990-06-25 90-246 ORDER�ouncrl action
Date: June 11. 1990 Itam No. 90-246
Item, Subject: Adopting Municipal Development Program and Budget for the
Bangor.Center Development District.
Responsible Department: Community and econon.£c Development
Comeun£ty Development Division
C®entaryt
HEARING - Prior to voting on this Order, the Council is required to
hold a Public Rearing on the Municipal Development Program and Budget
for the Bangor Center Development District.
The purpose of this Order is for the City Council to consider the
Program to be implemented for the Bangor Center Development District. The
Program has been prepared by the Municipal Development District Advisory
Board.
DbparIovent Read
Manager's Cents:
a.
City Managac
Associated Information:, (A7w"
Budget Approval: 13A
Yfnatce Director
legal Approval:
City Solicitor
Introduced For:
_XPassage
_First Reading Page I of I
Referral
90-246
souped to Coundor Sullivan, June 25, 1990
CITY OF BANGOR
(TIRE) (Drier, Adopting Muni Lpa1 Development Program and
........ Budg,t f r the_B go Center. Development District
BY NW aty Cosmic of W ORV of SURYor.
t'1 1
THAT WHEREAS, by action of the City Council a certain area
in the downtown area has been designated as a Municipal Development
District known as the Bangor Center Development District in accordance
with 30-A M.R.S.A. Section 5253 (1); and
WHEREAS, 30-A M.R.S.A. Section 5253 (2) requires that
the governing body of a Municipality shall adopt a development program
for each development district; and
WHEREAS, the Municipal Development District Advisory
Board has recommended a proposed development program to be adopted by
the City Council,
NOW, THEREFORE, BY THE CITY COUNCIL OF THE CITY OF
HANGARS
ORDERED, THAT, IN ACCORDANCE WITH 30-A H.R.S.A.
Section $253 (2), does hereby adopt the "Bangor Center Mansgeoent
Corporation Work Program and Budget, 1990-1991" as the development
program for the Bangor Center Development District.
90-246
IN-RITY c6 MCIL
0 RDE R
.., Tune 25,.1990.
,.
Passedby the following yes and no
votes. Councilors voting yes:
title,
Cohen, England, Sawyer, Sari, Bosomed,
- Stone and Sullivan: Councilor
- Adopting Municipal Devel pme et Program
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-Center
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andBudgetf" theBangor
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Development
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Bangor Center Management Corporation
Program and Budget
1990-1991
DOWNTOWN REVITALIZATION PROJECT AREA
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BANGOR CENTER MANAGEMENT CORPORATION
BYLAWS
From Organizational Meeting - March 16, 1907
SECTION 1. The name of this corporation is Bangor
Center Management Corporation, and its principal office in is
Bangor, Maine.
SECTION L The officers shall be a President, Vice
President, Treasurer and Secretary.
SECTIO{ Os The President shall preside at the meetings
of the corporation and of the board of directors and shall be
a member ex -officio, with right to vote, of all committees.
He shall also, at the annual meeting of the Corporation and
such other times as he deems proper, communicate to the board
of directors such matters and make such suggestions as may in
his opinion tendo promote the prosperity and welfare and
increase the'.usef4lness of the corporation and shall perform
such other duties as are necessarily incident to the office
of the Pr Tient.
ITON 4. The Vice President shall perform the
functions of the President in his absence.
,S CATION 5. The Treasurer shall keep accurate records of
all moneys received and Paid out, and shall have the custody
of all property.
EK=10 A, Directors
A. There shall be directors elected and appointed as
specified in the Articles of Incorporation. As so specified,
there shall be voting directors and ex -officio directors who
shall not have the right to vote. Directors shall be elected
by the directors at the annual meeting. Any director shall
continue to serve until his successor hes been elected o
appointed and qualified.
B. The Articles of Incorporation prescribe the
following directors to be elected or appointed in the
following manner:
GROUP 1. DIRECTORS TO BE ELECTED BY THE DIRECTORS
a. One person owning a large amount of property
located within the Bangor Municipal Development
District (hereinafter referred to as the District"(,
meaning an owner of property with A valuation
M
assessed by the city of Bangor at more than $600,000;
b. One person owning a small amount of property
located with the District, meaning an owner of
property with a valuation assessed by the City of
Bangor at less than $600,000;
c. One person who is either a merchant, a
restauranteur, or an owner or manager of an
entertainment establishment located within the
District;
d. One person who is either an owner or manager or
an employee of a professional or service business,
the principal office for which is located within the
District; -
e. One person who resides within the District;
f. Three persons who work or reside within the
Drict to be elected as Directors -At -large.
(Amended June 6, 1969)
After the initial board of directors is selected by a
committee of the Bangor Center Development
Corporation and members of the Bangor Municipal
Development District Advisory Board as provided for
in the Articles of Incorporation, the members
described above of subsequent boards of directors
shall be elected for terms as herein prescribed by
majority vote of the voting members of the entire
board of directors.
GROUP 2. DIRECTORS TO BE SELECTED BY OTHERS
In addition to the foregoing persons, the following
hall also be voting members of the board of
directors;
a current member of
Downtow. Onen River esoCitylAssociation who shall beeelected
by the board of directors of the Downtown River City
Association;
h. one person who is a current member of the Bangor
Center Development Corporation who shall be elected
by the board of directors of the Bangor Center
Development Corporation;
i. One person who is a current member of the Bangor
City Council who shall be chosen by the Bangor city
Council;
( � -111-
FV
WO
GROUP 3. EA -OFFICIO DIRECTORS - NON-VOTING
In addition to the foregoing voting members, the
following shall also be ex -officio directors who
shall be entitled to participate in debate and
discussion of the directors but who are not entitled
to vote:
J. One person who is a current member of the staff
of the city of Bangor to be designated by the City
Manager of the City of Bangor:
k. One person who is a current member of the Bangor
Municipal Development District Advisory Board to be
elected by that board.
C. T,eN�s of'Directors
1.K The terms of the voting directors (Groups 1 and
2, above) shall be for three years.
2. The beginning of full terns of directors shall
coincide with the beginning of the fiscal year of the
corporation.
3. Initially, the terms of the voting directors
shall be staggered as follows:
large property owner (a, above) 3 years
Small propertyy owner (b, above) 1 year
Merchant, restauranteur, entertainment
business owner or manager (c, above) 2 years
Office, professional, service business
owner or manager (d, above) 3 years
Resident (e, above) 1 year
INCA member (f, above) 3 years
BCDC member (g, above) 2 years
Bangor city Council member (h, above) 1 year
4. No voting director may serve more than two
consecutive full terms. A "full term" means three
years.
5. There is no term for the ex -officio non-voting
directors nor any limitation on the length of time any
such ex -officio director may serve. _
D. Vacancies
1. I£ any voting director elected by the board
-iv-
O'd ,
(Group 1, above) loses nis or her affiliation with the
District, he or she shall resign, or if he or she Bails
to resign, the office held by that person shall be
declared vacant by a majority vote of the remaining
board of directors. If any voting director elected by
others (Group 2 above) loses his or her affiliation
with the speci£�ed group, he or she shall resign, or if
he or she fails to resign, the nominating or electing
etganization may advise the board of auto loss of
affiliation and shall elect a successor, or the office
held by the person may be declared vacant by a majority
vote of the remaining board of directors.
2. if there is a vacancy among any of the voting
directors (Groups 1 and 2, above) such vacancy shall be
filled by the organization which elected or selected
such position. The filling of any such vacancy shall be
for the unexpired term of the director whose position
became vacant.
3. If any voting director (Groups 1 and 2, above)
has been absent from three (3) consecutive Bangor Center
nt
ManagemeCorporation board of director meetings,
given notification of that meeting,without given staff
or directors prior information of absence, may be asked
to resign his or her position. The filling of such
vacancy shall be for the unexpired term of the director
whose position became vacant. (Amended June 6, 1989)
E. The directors shall report to the Bangor Municipal
Development District Advisory Board or in lieu thereof to the
Bangor city council on the activities of the corporation no
less frequeev ly than quarterly.
SECT o 7. An annual meeting f the corporation shall
be held n the month of June on such date and at such
location as the board of directors may determine. At the
annual meeting, the directors shall elect the directors whose
terms have expired. The officers of the corporation shall be
elected annually by the board of directors.
SECTION S. The fiscal year of the corporation shall be
from July 1 through June 30.
SECTION 9. no seal of the corporation shall be a
circular disc, upon which shall be inscribed the words
"Banger Center Management Corporation, Incorporated 1987
Maine."
SECTION 32 The bylaws may be altered, amended or
repealed by the board of directors at any regular or special
meeting.
r v
Preface
As we develop a work program and budget for the upcoming
X90-91 year we have the benefit of having some two and one
half years• experience to draw upon. As with many new
programs, we have been ambitious, enthusiastic and determined
to be all things to all people", to solve all problems, and
to generate marked changes In Downtown Bangor in a short
space of time.
Although many people use physical improvements as the
only measurin? stick for downtown revitalization that is
only part of the package and is also the part which requires
the most lead tine before changes are seen. We see an
improved attitude, a greater confidence in the area which is
beginning to generate the physical changes. We expect to see
some long-awaited improvements in the vacant buildings in the
U
pcoming year which will contribute to the total health and
vitality of all of the downtown business community.
In addition to an upswing in attitude the economic base
of the District is also increasing. Within the BCMC
Boundaries the assessed valuation of the real estate
increased from $66,666,000.00 in 1987 to $91,393 600 in 1989.
Key Plaza has been completed, a new 504 car parking garage
has been built and is operational, the Mitchell and Stearns
Building is a major addition to the skyline and Town Court is
nearing ccfpletion. Phase I of the Maliseet Project is
completed and occupied and Phase II is about to get
underway. Few downtowns in a city the size of Bangor have
experienced this much new construction in such a short space
of time, during this era.
Initially, most people felt Nat there were two major
problems in the downtown: 1) lack of sufficient parking, and
2W the vacancy in four large buildings held under one
ownership. Me parking problem had been increasing for an
extended period of time. With parking waivers granted to
Urban Renewal development, an ultimate parking crisis was
inevitable. The City has recently resolved this problem by
constructing a Parking garage whose use is somewhat
better than had been expected.
The remaining problem, the development of the vacant
buildings will be the major focus of our program for the
upcoming year. Although we have always considered the status
of these buildings to have a major negative impact upon the
downtown area, there has been little that we could do to
effect a change, the size and price being major obstacles.
a
Freese's, in particular, plays an emotional part in the
I of the area. To many people that store was the
linchpin of downtown and its departure symbolized more than a
physical lose to what had been the retail center of the area.
However, having worked behind the scenes with the owner
of these buildings for the past two years, we feel confident
that some action will soon be forthcoming. Development plans
are underway and the owner has requested that we play a major
role in implementing these plans.
we have sponsored many events
a,we
of the city. Some of
and others have left us
Our conclusion has been that
after year and preferably undertaken with another sponsor. A
cc -sponsor gives us access to greater promotion than our
budget permits and to a sharing of the workload. In anarea
where volunteers are called upon for many projects, we have
mu
found that it is unwise to nlwn ermA vnlntan� availaMtiFv
One ofthemajor drawbacks to ensuring a solid
foundation $ the pr ran is the uncertainty of its funding.
As the Citrt share oogthe BCHC diminishes, the Tax District
et pick Lp an increasing share. Therefore, in a time when
the economy is tight, it is probably wise to diversify the
sources of funds. Clearly, it would seem that the most
effective way to ensure long term stability to the program is
to increase its funding sources, so that it no longer relies
solely on tax resources, whether from the general fund or
from a tax district. Approaches to be explored will be
discussed further in a section on funding.
In summary, we see the program concentrating to a large
extent on the development aspect of downtown in the coming
year, development which we feel will bring a marked increase
in the economic base and vitality of the area.
V 2
Priorities
During an all -day workshop of the Board of Directors and
Staff of the BCMC, a list of priorities was developed. These
items are projects which the Board feels that the staff
should concentrate on during the upcoming year. The
following is a summary of these priorities as they were rated
in order of the perceived importance.
Marketing Plav - When seeking tenants for small retail
space, the search tends to be concentrated in the local
area and to focus on whichever merchants are seeking new
Space. However, when a substantial amount of space
comes on the market at one time, as will be the case
with the Preeme's building, a more comprehensive
approach will be necessary. An analysis of the market
is vital if one is to know what needs are not being met,
the share of the market that particular businesses might
expect to garner and what an appropriate mix would be in
order to maximize sales potential of all of the stores
in the downtown.
Retail Incevpplves = In order to attract additional
retail establishments to the downtown and to retain the
exiting space in retailse, it has been suggested that
© a prootam of incentives be developed which would make it
attradtive to do so.
Parking Policy and Management - Although the parking
garage has satisfied the needs of many downtown people,
it is felt that there is stili work to be done in this
area, particularly for the short-term parker whose
business is not near the garage. In addition, the
loading areas need to have further study and
delineation.
Development Package - A developm nt package needs to. be
assembled which explores all of the financing resources
for development in the downtown. These resources will
include financing through banks, insurance companies,
pension funds, Federal and StatePFrograms and city
resources such as Tax Increment Pinancing, and the
Community Development Block Grant. In addition, to
identifying these sources, we will detail the extent of
funding, its availability and how these resources can be
combined to make a project feasible.
-1-
C
Increase Communication with Other organisations -
There are many organizations whose work and efforts
have a bearing on the downtown and the BCMC interacts
with thesegroups frequently, often sitting on their
Boards of Directors. This effort should be increased
and several joint meetings will be scheduled to increase
awareness and maximize accomplishments by combining
cut efforts.
Signe for Downtown - HCMC has developed a sign which we
will be having produced and positioning on approaches to
the City to indicate the location of the downtown. In
addition,we will continue to lobby the City to clarify
and be m, re selective with municipal signs in the area.
seminars- On an on-going basis, seminars of interest to
business and store owners will be presented. These
shall include an overview of the new FAME programs, Tax
Problems and,Solutions, Promotion Workshops and other
specifficdsc topics which the Retail/Service Committee
{.
Historic Preservation Commission - The majority of the
Downtown is located in o of the several Historic
Districts and this makes it especially vital that closer
ties be developed with the His Preservation
Commission. It is recommended that this be accomplished
by placing a member of BCMc on the Preservation
Commission as an Ex -Officio member and to request that
they select someone to sit on our Board in the same
capacity.
In rove Interaction with the Police Department -
Goitering in the downtown has been a ❑ oblem in the
area, particularly in the summer months. It is
recommended that a better working relationship with the
police department be developed to alleviate this
problem.
Improve Public Areas - In the past year we worked with
the Public Works Department to develop and implement a
program of improvements for Hannibal Hamlin Park. This
will be completed this spring and summer with new shrubs
and flowers, some of which will be contributed by BMC.
Work will also begin on Norumbega Park.
An assessment of benches and their location needs to be
undertaken, with a view to relocating some, increasing
the number in other areas and providing seating in new
areas.
_q -
If
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o
In addition,new trash containers need to be
designed/selected and provided which will be more
attractive and more functional than the existing ones.
Bangor Center Beautification Committee - Form a
subcommittee to ensure that all beautification projects
which are scheduled for the upcoming year are completed
and these opportunities maximized. This committee will
also encourage property owners in the area to make
renovations and improvements to their property,
specially store fronts, and work to achieve more
unified look.
u
-5-
WE
Additional Funding Sources
To Be Explored For Future Program
One of the long term goals of the program will be to
establish more diversified sources of funding, in order to
provide more permanence to the program. while the time
available before this program budget is submitted for
approval is not sufficient to implement any of these funding
resources, during the upcoming year, we will seek to
research these ideas. The following are areae from which we
will explore funds:
Increasing the Boundaries of the Project Area. - Since the
original boundaries were established for theprogram, several
commercial buildings have been built r rehabilitated just
outside that"boundary. Because these businesses are actually
a part of tbp downtown and are able to benefit from the
program, JK has been suggested that they be included in the
District.
AsSeasmeht of Non -Property Camara. The majority of businesses
in the downtown do not own the property in which they conduct
their business and therefore pay no tax. Although it may be
argued that this assessment is included in their rent, a
p rtial survey of ® property owners has revealed that most of those surveyed do of pass along this tax to their tenants.
A small assessment, perhaps based upon square footage, would
relieve the burden from the owners and spread it more
equitably among all of the people in the district.
sale of Advertising in the Noantown Bugle - while we have
sold advertising in the Bugle to cover the cost of printing
the paper, we have not made an attempt to make a profit on
this venture. Since there seems to be a good deal of interest
n advertising in the Bugle, we will seek to increase our
advertising sales to generate income.
The enrage sale - A small profit should be realized from the
sale of tickets to the Sale, our share of which will be
contributed to the program. In addition, we will have a booth
at the Sale, as a non-profit agency and can expect to bring
in some income from this source. Although we do not expect to
realise any major amount from this sale, it is a way in which
we can involve a number of persons in funding efforts.
Pee for services.- Over the past two years and with
increasing frequency we are able to make referrals to owners
and brokers for possible tenants. Mesa referrals have been
without any recompense to us in the past, but it is felt that
a small fee for assisting someone in the successful rental or
-fi-
sale of property would be a valid contribution to the
program. In no way are we attempting to infringe on the real
estate community but merely to serve as a facilitator in
bringing new business to the downtown. This will be worked
out with the Real Estate community and an appropriate fee
schedule developed with their input. Several owners with whom
we have discussed this proposal have been favorably disposed
to such an arrangement.
-7-
}
I. Improve Downtown Bangor
A. Design
1. During the past year, the Code Enforcement
Department has worked with several property owners to bring
their buildings up to standard and will continue to do so
with ourinputin the upcoming year. In addition, we are
beesettheworksth some owners to bring their facades
beyond mic/o£ore% intensified scalein theupcomingyear.
newill nto
dothis on a;
2. 4I},ydY
6e basis of a Downtown Plan has been developed
over thispast year in conjunction with the Comprehensive
Plan and this w ll be finalized and published in the next
year.
3. In conunction with the Downtown Beautification
Committee, we will monitor the scheduled improvements to the
area and in addition, we will encourage property owners to
improve their facades so that all design improvements in the
® area are maximized.
B. Technical Assistance Proaram
1. Developp a program of incentives for retail owners
to encourage rete it use on the first floors of downtown
buildings. It is important that a critical mass of such
tail/service businesses be retained and it is felt that
this is better viewed as an opportunity than as a regulation
through zoning.
2. An on-going program of technical assistance
through seminars and workshops will focus on the financial
aspects of business this year. First among the seminars will
be a presentation of the new FAME programs. In addition, we
plan programa n business plans, financing and tax planning.
The new Retail/Service Committee of BCMC will be making
further recommendations for seminars where they see a need.
3
1. In an effort to maximize our scarce promotion
dollars, we will pursue combining efforts with the City and
with Bangor 2000 to do as much joint promotion as possible.
2. Downtown will be promoted throughout the central
Baine region;,and/we will increase our advertising in the
Canadian Provinces.
1•'e will be utilizing the input of the
Retail/Service Committee to making decisions regarding
advertising and promotion for special events/sales to
encourage shoppers to the downtown.
D. communication
1. Continue to work with other groups who have an
® interest in the downtown or who are promoting the city as a
whole. This increasing level of inter -action is directed
toward co-sponsorship of events, joint promotional ventures,
and exchange of information.
2. Continue to build an active relationship with
downtown business persons and property owners. New sub-
committees of the BCMC have recently been created which
involve good representation from the business community, and
these groups will become more active during the upcoming
year.
J. Continue to serve as guest speaker for civic
and community groups while seeking support for downtown
activities and promoting the area.
4. Continue to serve as a liaison and advocate for
downtown interests with city staff, elected officials and
other.
S. Continue to publish the Downtown Bulla on a bi-
monthly basis. Increasing effort shall be made to have
articles written by members of the community.
V
C
IJ
I1. Development
ionone tasks we
assist in the
Freese's
of this long -
r single projec
b of the
by the owner to
guidance of a
elicited
for the first
inn a elan for
s on me upper
resources.
B. A Development Committee will assist the staff in
matters of development in the downtown including recruitment
of new businesses.
C. The design for the Plaza area outside the parking
garage has been the result of a collaboration on the part of
manygroups, includingBangor Center Management Corporation
andtse City. As thiprotect moves into the construction
phase we will continue to have input to ensure that it meets
all of our use and design criteria.
D. Residential re -use of upper stories is an important
element in developing a full time vitality to the downtown.
This is beginning to happen and we will Py
its increase.
To this end we will make available information on financing
resources and provide assistance in working through
regulations and applications. We will be working with the
Maine State Housing Authority and BUD as well as local
resources.
M. With the passega of the Upper Main Street Historic
District, virtually all of downtown is located in an Historic
District andeligible for Tax Credits. We will assist any
owner wishing to utilize this program to prepare an
application Por certification.
-10-
in
F. We will provide meveloperts Packets with updated
demographics and all information which we have assembled to
assist them in making a decision to locate in the downtown.
This will also contain specific information on funding
resources, its availability and procedures to applications.
G. We WkA continue and accelerate our efforts to locate
tenants for."ather space as it becomes available. With a
marketing
'y an in place we intend to seek new businesses from
outside the immediate area.
-11-
M
III. Marketing and Promotion
A. Advertising
In past ears we have utilized the services of a
professional advertising agency which was very helpful to us
t that time. However, experience in this area given us the
ability to undertake this on an in-house basis. We will also
be utilizing the skills of a member of the Board of nirectors
in our advertising
and promotion work. In. this ay we hope
to be able to maximize our budgeted amount in this area.
We will be exploring ways to utilize group
advertising with businesses in the area, utilizing our
ability to obtain better prices for TV and Radio spots.
Combining our efforts in this way, we ho a to extend the
value of all advertising dollars �n the downtown.
B. $vents
As we mentioned in the preface to this document, we
have concluded that small events are not cost effective and
tend to draw insufficient people to the area. Therefore, we.
are planning to be involved in a few large events. These
events, by being repeated annually are able to generate a
larger audience each year, as the audience expects them to
happen.
The events which we plan to retain and expand upon
are as follows!
July
July Ath'- Assist Biwanis with Parade, Fireworks, and
afternoon activities. co -Sponsor concert with WPBC to
be held on roof of Parking Garage.
Noon time concerts in West Market Square
Sidewalk Art Festival - Co -Sponsored with Channel 2
September - seminar
November
Decorations/Tree Lighting Ceremony
December
Street Carolers
Santa and Mrs. Claus
-12-
ID
Paten - Seminar -
April- Seminar
June - Third Annual Garage Sale - Co -Sponsored with
Channel 2.
1V public - Private Policy
A. Continue to work with City staff to develop a parking
and loading policy.
B. Develop a closer working relationship with the Police
Department in order to resolve loitering and illegal
activities on the downtown streets.
0
BANGOR CENTER MANAGEMENT CORYOAATION
YROGIW 0 BUDGET
199090-1929 91
Item
GEHERAL ADMINISTRATION
IMP�E DOWNTONN BANGOR
Design
Technical Assistance
Promotion
Communication
DEVELOPMENT
Market vacant buildings
Development Committee
Plana/Park areas
Upper story reuse
Residential development
Historic District tax credits
Facade Studies
Implementation of survey data
MARKETING/PROMOTION
Professional Advertising
Downtown Bugle
Events
PUBLIC/PRIVATE Pl1LIC$
Aetail ZOningg
Parking/iAading Zone
b
$ of % of
Budget Time Cost
3 5 $ 3,344.20
12 20 13,376.75
31 50 34,554.60
51 - 20 $6,851.25 III
3 9 '3,344.20
-'S 111,473.00 ___
_14_
-15-
i
BANGOR CENTER
MANAGEMENT
CORPORATION
PROPOSED
BUDGET 1990-1991"
1989-1990
1990-1991
PERSONNEL
-
0
EXECUTIVE DIRECTOR
$ 39,000.00
$ 40,810.00
DINATO
PROJECT COORDINATOR
19,000.00
00.00
PART-TIME WORKER
2,000.00
8,000.00
FICA
4,362.80
3,723.00
PUTA
464.00
317.00
SURA
1,508.00
1,350.00
WORKER'S COMPENSATION
702.77
648.00
HEALTH INSURANCE
3,100.00
2,400.00
PAYROLL PREPARATION
564.20
425.00
70,701.77
5),6]3:00
OFFICE EXPENSES
-
-
RENT
5,940.00
4g2U0.00
-
PARKING
]80.00
00.00
UTILITIES
800.00
500.00
TELEPHONE
2,700.00
1,700:00
OFFICE EQUIP/FURN.
5,575.00
2,000.00
OFFICE SUPPLIES
2,700.00
2,300.00
POSTAGE
900.00
10100.00
LIABILITY INSURANCE
4,)60.00
2,500.00
PUBLICATIONS
460.00
550.00
MEMBERSHIPS
475.00
600.00
-
BANK CHARGES
180.00
150.00
PUBLIC HEARING NOTICES
2,700.00
2,600.90
OFFICE PROFESSIONAL SERVICES
1,500.00
1,800.00
-----------
29,4]0.00.
------------
20,000.00
UARKETINGIDETELOPMENT/pRINGTION
ADVERTISING
31,500.00
20,000.00
PROMOTIONAL MATERIAL
3,350.00
3,,000.GO
SPECIAL EVENTS.
21,420.00
6,000.00
CONFERENCES/MEETINGS
-
3,500.00.
1,000.00
TRAVEL
3,500.00
2,000.00
M/D/P PROFESSIONAL SERVICES
2,000.00
11000.00
BUGLE
0.00
-
0.00
MISCELLANEOUS
800.00
800.00
66,070
00 -
33,800.00
166,241.])
111,473.00
City Portion
<52,000.005
<28,006.00>
Property Tax
114,241.))
83,473.00
-15-
'.BANGOR CENTER MANAGEMENT CORPORATION'
SPECIAL EVENTS BUDGET
1990-1991
July 4, 1990
-Jazz Concert on top level of parking garage
co-sponsor with WPBC
Afternoon activities
Summer months, 1990
Noontime concerts in West Market Square
July 14, 1990
Downtown Sidewalk Art Festival
Co-sponsor with WEBZ
Holiday season
Santa and Mrs. Claus on Saturdays ($200.00)
Christmas Tree Lighting ($500.00)
-
�. Downtown Decorations ($1,300.00)
Winter/Spring Seminars
2-3 Seminars to assist district businesses
- June 15, 1991 (9)
$ 1,500.00 .
1,500.00
0.60
2,000.00 _
1,000.00
3rd
Annual
World's
Largest
Garage
Sale
.0.00
_
-
-
--------------
$ 61000.00
-16-
'PROJECTED REMAINING EXPENDITURES
'-
1989-1990
Sit
May
June
)?PERSONNEL
SALARY/TAXES/PREP.
4,888.00
4,888.00
6,110.00
WORKER'S COMP
170.00
O.DO
0.00
HEALTH ISSUE.
283.00
_____________
283.00
283.00
Total personnel
5,341.00
____________
50171.00
--- _________._
6,393.00
OFFICE
RENT
450.00
450.00
450.OD
UTILITIES
50.00
50.00
50.00
TELEPHONE
200.00
200.00
200.00
OFFICE SUPPLIES
150.00
150.00
150.00
OFFICE RQUIP
125.00
125.00
125.00
-
POSTAGE
100.OD
100.00
25.00
BANK CHARGE
15.00
15.00
15.00
MEETINGS/CONF
50.00
100.00
50.00
PROF. SERVICES
105.00
80.00
605.00
...
Total office expenses
_____________
1,245.00
_____________
1,270.00
_____________
1,670.00
MARKETING/PROMOTION
ADVERTISING
1,500.00
1,200.00
10200.00
MARKETING/PROMO
50.00
500.00
0.00
SPECIAL EVENTS .
0.00
0.00
0.00
---
:PROF. SERVICES
_. 150.00
100.00--
0.00
- -
PUBL/MEMSSHP
0.00
0.00
200.00
"
BUGLE
0.00
600.00
-.
O.to
TRAVEL -
250.00
0.00
-'
-50.00
Total M/D/P expenses
________
1,950.00
_____ _
________
2,400.00
_______
1,450.00
TOTAL
8,536.00
8,841.00
9,513.00
Checking account balance
as of April
1, 1990
$ 28,013.48
Total remaining 'funds in
City account (to be
collected)
: 6,819.71
-------------
$ 34,833.19
-
-17-
...