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7/25/2011 ECONOMIC DEV AND INDUSTRIAL COMMITTEE Minutes
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7/25/2011 ECONOMIC DEV AND INDUSTRIAL COMMITTEE Minutes
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Mashpee_Meeting Documents
Board
ECONOMIC DEV AND INDUSTRIAL COMMITTEE
Meeting Document Type
Minutes
Meeting Date
07/25/2011
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October 15, 2007 <br /> Meeting with Mashpee General Counsel <br /> Chapter 376 Acts of 2002 <br /> fIC <br /> Are you the General Counsel for FDIC as well as the Town of Mash e? 6+ LLJW 0 <br /> t=� C JA 0.2S <br /> Does EDIC need General Liability �x suranc and Director's and Officer" Liability <br /> Insurance? <br /> bs 6 ccu4 1wu"cL-,i <br /> What is Chapter 3 1 of`the General La <br /> 10 <br /> What does the act mean when it mentions "nomir�d�trial��uses; Including but not <br /> limited to research and develop went, commercial, light industry, and business-"non- <br /> industriar uses) (For industrial, non-industrial or manufacturing uses) <br /> Before bonds are issued each member shll execute a$50,000 surety bond approved <br /> by town counsel. What does this entail and could the cost be taken from Bond <br /> proceeds? Could this same surety bond suffice for the'T'reasurer of the Corporation? <br /> C ia�Af <br /> r <br /> \ 6 <br /> Does the ERIC legislation give the Corporation the same powers as a 501 c and an <br /> Industrial Development.ent Fi anc g ,authority as outlined in MGL Chapter 40D in that <br /> is the Corporation able to issuance Tax-exempt bonds for Non-Profit Institutions and <br /> Tax-Exempt Industrial Development Bonds and Taxable Bonds for Industrial, <br /> Commercial,, and Non-Industrial Enterprises. <br /> } <br /> Can the Corporation partnership financially with a non-profit or a for profit <br /> - enterprise. -Y �.A W <br /> , r <br /> 12-1 A Iz <br /> The RFP that was prepared for the Parcel of Land in the NUP for a Hotel Conference <br /> Center was this approved by Town Counsel. The RFP needs to be completely revised <br /> by EDIC. Would the new RFI'have to go back to the Board Selectmen after it is <br /> revised and before it is advertised? <br /> � AA�tj <br /> . <br /> .. , .. ) AA <br /> erru�Cq <br /> � � <br />
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