HomeMy WebLinkAbout2021-11-08 Business and Economic Development Committee Minutes
BUSINESS & ECONOMIC DEVELOPMENT COMMITTEE
Monday, November 8, 2021, 5:15 P.M.
City Council Chambers
SPECIAL MEETING MINUTES
Councilors Present: Fournier (C), Davitt, Hawes, Schaefer, Sprague, Tremble, Yacoubagha
City Staff Present: Emery, Labree, O’Donnell, Saucier, Szewczyk
Chair Fournier called the meeting to order at 5:16 P.M.
1. Residential Rehabilitation Loan – 164 Thornton Road
Action Requested: Approval of staff recommendation to approve loan.
Councilor Davitt moves approval of staff recommendation to approve residential rehabilitation
loan for 164 Thornton Road, seconded by Councilor Schaefer. Vote unless doubted, no doubt.
2. Community Housing of Maine – Schoolhouse Housing Partners LP - Consents
Action Requested: Approval of staff recommendation to approve two items related to the
Schoolhouse Housing Partners LP transaction - (1) assignment of parking lease, and (2)
creation of a leasehold mortgage for the benefit of the Maine State Housing Authority.
Councilor Davitt moves approval of staff recommendation to approve two items related to the
Schoolhouse Housing Partners LP transaction - (1) assignment of parking lease, and (2) creation
of a leasehold mortgage for the benefit of the Maine State Housing Authority, seconded by
Councilor Schaefer. Vote unless doubted, no doubt.
Meeting adjourned at 5:22 P.M.
Respectfully submitted, Tanya L. Emery, Director, Community & Economic Development