HomeMy WebLinkAbout2002-03-19 Business and Economic Development Committee Minutes • Business and Economic Development Committee
March 19, 2002
Minutes
Councilor Attendance: Palmer, Rohman, Farrington, Baldacci, Nealley, Tremble
Staff Attendance: Barrett, Daniels, Brewer, Dyer, D'Errico, McKay, Martzial,
Bolduc, Heitmann, Hupp
Others: Clendenning
1. Consent Agenda
, Due to a conflict of interest, Councilor Rohman asked that item d. be removed
from the Committee's agenda. A motion was made and seconded to approve
items a. b. and c.
a. Authorizing the City Manager to Execute a Parking Agreement— General
Electric Company.
b. Authorizing an Indenture of Lease Between the City of Bangor and the
United States of America, Federal Aviation Administration.
c. Authorizing Indenture of Lease with Fleet Bank for Lot 2 in the BIA .
. Commercial Industrial Park.
Committee Chair Rohman asked Councilor Palmer to chair the meeting for this
item.
d. Extension of Tentative Developer Status — Martin Schneider— Exchange
Street Development Parcel
Barrett indicated the project continues to move forward, and City staff has
been working with Penquis CAP, which is analyzing their financing
alternatives. Approval of this item would extend the option for another six
months. A motion was made and seconded for approval.
Committee Chair Rohman returned to chair the remainder of the meeting.
2. Discussion on Acquisition of 231 Randolph Drive
Due to financial difFiculties and problems with keeping up with maintenance on �
the property and the sewer line, the owner has asked the City to buy back the
house for the current indebtedness of $64,000 and resell it to another interested
buyer. Martzial felt it was a reasonable offer. Penquis CAP has a buyer for the
� property. The City would use the proceeds from sale of other properties in that
area to purchase the property and make the necessary repairs. Martzial will
• bring the resale process back to the Committee at the appropriate time. A
motion was made and seconded to approve staff's recommendation.
3. Bass Park Report
Final Concession Sales Figures, 2002 Basketball Tournament: Dyer indicated the
concession sales are very positive. Total sales were $116,000 which compares
favorably to last year at 14% increase over the year 2000. Final attendance �
figures are not yet available but Dyer felt the numbers would be down from the
all time record of 68,900 in 2000. Dyer commended the part-time concession �
staff as well as Sue McPike, who pulled it all together in a relatively short amount
of time. The average concession sales prior to the food court being established
was approximately $86,000/year. Since 1999 when the food court was in place,
it averages $116,000, $101,000, $119,000 and $116,000. Dyer indicated that
the $65,000 investment in the food court was money well spent. The $116,000
figure represents half of the budgeted revenue for the concessions for the year.
4. Bangor International Airport Report
A.N. Deringer Lease
� A motion was made and seconded to approve staff's recommendation to
authorize a lease with A.N. Deringer, Inc. at the Airport General Aviation
Building. A.N. Deringer is a customs broker located in the general aviation
terminal. A review of the current lease terms and conditions for this lease in
comparison with other airport tenants has indicated that this tenant is paying an
appropriate rate under current market conditions. The lease covers
approximately 877-sq. ft. at a monthly rate of $831.40. The lease will run for an
initial three year term with a lessee option to renew for an additional three years.
Cost Sharing Agreement with the Air National Guard
A motion was made and seconded to approve staff's recommendation to
authorize the execution of a cost sharing agreement with the Air National Guard
for runway improvements. Under this agreement, the Guard will provide $5M
toward our overall runway rehabilitation project.
Hupp updated the Committee that BIA will be receiving an additional $135,000
from the FAA for security reimbursement.
5. Discussion on Proposal for Bangor Target
A motion was made and seconded to table this item to the April 2, 2002
� Committee agenda. �
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�, 6. Executive Session — Discussion on Eminent Domain ;
A motion was made and seconded to go into executive session.
7. Executive Session — Personnel Issue !
A motion was made and seconded to go into executive session. '
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