HomeMy WebLinkAbout2018-06-18 Finance Committee Minutes
FINANCE COMMITTEE MINUTES
Councilors in Attendance: Perry, Nealley, Weston, Nichols, Supica
Staff in Attendance: Cyr, Conlow, Heitmann, Wallace, Little, Caruso
1. Consent Agenda
a. Workout Agreement – 28 Shepherd Drive - Reed
b. Workout Agreement – 190 Union Street – Marshall
Motion made and seconded to approve consent agenda items, motion passed
unanimously.
2. Bids/Purchasing
a. Domestic Terminal Skylight Replacement – Airport – Portland Glass/Cumberland
County Glass - $127,495
Motion made and seconded to recommend contract award to the City Council, motion
passed unanimously.
3. 72 State Street – James Butler
Staff reviewed the information presented as it relates to the matured liens at 72 State
Street. The City’s policy is that in order to pay a matured liens, all amounts owed on the
property must be paid. Staff and Mr. Butler have met on several occasions over the
past year regarding issues with this property and others. With the exception of
registering the property as a vacant building, Mr. Butler completed all other items
outlined in May 2017, in April 2018. Mr. Butler requested that the City enter into an 18
month agreement, during which time he would pay all amounts due on this property
and that the City not accept payment in full from the mortgage holder. Mr. Butler did
attempt to make payments on the liens, but as payment in full was not offered, City
staff refused payment in accordance with the property. The mortgage holder has
indicated its’ desire to pay the outstanding amounts due on the property and requested
that the City deed the property back to Mr. Butler. City liens take precedence over a
mortgage, so it is typical for a mortgage holder to pay city liens. Mr. Butler has been
working to sell the property, but he has not accepted any offers to date. He is also
concerned that by the City accepting funds from the mortgage holder, that the
mortgage holder will begin foreclosure proceedings against the property. There was
significant discussion about the process amongst staff, Mr. Butler and Councilors.
Motion was made and seconded to accept staff recommendation to accept payment
from the mortgage holder, motion passed 3-2 (Councilors Perry and Supica were
opposed). This item will appear on next week’s Council Agenda to authorize issuance of
a quitclaim deed to Mr. Butler.
Meeting adjourned at 5:58 pm