HomeMy WebLinkAbout2021-05-04 Business and Economic Development Committee Minutes
BUSINESS & ECONOMIC DEVELOPMENT COMMITTEE
Tuesday, May 4, 2021, 5:15 P.M.
City Council Chambers and Via Zoom
MEETING MINUTES
BED Members Present:Fournier (C), Davitt, Dubay, Schaefer, Sprague
Non-BED Members Present: Hawes, Nichols, Okafor
City Staff Present:Collins, Conlow, Emery, O’Donnell
Chair Fournier called the meeting to order at 5:15 P.M.
1. Second Public Hearing for use of CDBG Funds (2021 – 2022)
Action requested: Open public hearing, hear comments, close public hearing,
provide feedback to staff. Vote on staff recommendation to approve the proposed
set of uses for CDBG funding for 2021 – 2022 and send forward to City Council for
final approval.
Tyler Collins provided an overview of the agenda item, possible use of funds for
CDBG FY21 (city FY22). First hearing was April 6, 2021. This is based on our five-
year consolidated plan. Expected allocation is $1,089,421 including $250,000 of
projected program income. Uses are suggested to be housing, rehabilitation,
neighborhood stabilization, nonprofit funding, neighborhood public improvements.
Councilor Sprague asked about budget notations and how it shows up in the City’s
budget. Additional detail will be provided by staff during the budget meeting.
Move to open the public hearing made by Councilor Davitt.
Seconded by Councilor Schaefer.
Roll call vote: Davitt yes, Dubay yes, Schaefer yes, Sprague yes, Fournier yes. 5-
0 in favor, public hearing is open.
Public comments: None.
Move to close the public hearing made by Councilor Davitt.
Seconded by Councilor Schaefer.
Roll call vote:Davitt yes, Dubayyes, Schaeferyes,
Sprague yes, Fournier yes. 5-0 in favor, public hearing is
closed.
Motion made by Councilor Schaefer to approve staff
recommendation for the proposed set of uses for CDBG funding for 2021 – 2022
and send forward to City Council for final approval. Seconded by Councilor Davitt.
Roll call vote: Davitt yes, Dubay yes, Schaefer yes, Sprague yes, Fournier yes. 5-
0 in favor, motion has passage.
2. 29 Franklin Street Credit Enhancement Agreement Amendment
Action Requested: Approval of staff recommendation to amend the Development
and Credit Enhancement Agreement with Cressey Butler for 29 Franklin to use the
FY2019 assessed value ($555,700) as the starting point for calculation of the credit
enhancement agreement. The item will then move forward to City Council on May
10, 2021 for final approval.
Emery provided an overview of this agenda item, noting the total amount of
assistance originally projected to the developer was figured as
Motion made by Councilor Schaefer to approve staff recommendation. Seconded
by Councilor Davitt.
Roll call vote: Davitt yes, Dubay yes, Schaefer yes, Sprague yes, Fournier yes. 5-
0 in favor, motion has passage.
3. Broadband RFP update –
Emery provided an update on the process. Questions were due by 4/28 and 99
questions were received, and they appear to be from multiple providers. Staff and
Mission Broadband are currently working through those answers. The addendum
answering questions will be published by 5/5 and proposals are due back on 5/19.
If anyone wishes to review the RFP document it can be found here:
https://bangormaine.gov/filestorage/318/360/1271/City-
Wide_Broadband_Project_-_RFP.pdf
Adjourned at 5:37 pm.