Southern Maine Planning and Development Commission Executive Committee Agenda December 2025
SMPDC Amends EPA Loan for Foundry 30, LLC
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Description
SMPDC approved a three-month interest-only extension on the $2,517,000 EPA RLF Loan to Foundry 30, LLC, extending the adjustment period until February 28, 2026, to support ongoing tenant negotiations and revenue stabilization.
Contract Details
Contract Amount
$2,517,000
Vendor
FOUNDRY 30 LLC
Agency
Kittery Area Comprehensive Transportation System, ME
Contract Type
FINANCIAL_SERVICES
Document Date
December 4, 2025
Contract Term
Three-month interest only extension to February 28, 2026
Renewal Date
2026-02-28
Renewal Info
Three-month interest-only extension granted through 2/28/2026; further terms to be determined after negotiations.
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Southern Maine Planning and Development Commission Executive Committee Agenda December 2025
Southern Maine Planning and Development Commission Executive Committee Agenda December 2025
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