Brownfields Loan Interest-Only Term Extended | Kittery Area Comprehensive Transportation System | FOUNDRY 30 LLC

Brownfields Loan Interest-Only Term Extended

SMPDC’s Executive Committee approved a 12‑month interest‑only extension on the EPA Brownfields loan to Foundry 30, LLC for the 30 Upper Falls property in Biddeford. The extension is contingent on staff reviews and quarterly Board updates as the developer secures a tenant under a new venue contract.

Document date · December 4, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

12-month interest-only extension through 2026

Renewal date

2026-12-31

Renewal

Loan terms amended to extend interest-only payment period for 12 months through 2026; staff will review and report to the Board every three months as needed.

Document type

Minutes

Source document

Southern Maine Planning and Development Commission Executive Committee Minutes 2025-12-04

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Southern Maine Planning and Development Commission Executive Committee Agenda Packet 2026-02-26

EXTENDED

Kittery Area Comprehensive Transportation System, Maine$2.517 millionFeb 26, 2026

Southern Maine Planning and Development Commission Executive Committee Agenda December 2025

AMENDED

Kittery Area Comprehensive Transportation System, Maine$2,517,000Dec 4, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Kittery Area Comprehensive Transportation System?

Foundry 30 Llc was awarded this financial services contract by Kittery Area Comprehensive Transportation System, as recorded on December 4, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Southern Maine Planning and Development Commission Executive Committee Minutes 2025-12-04 (Minutes), dated December 4, 2025 from Kittery Area Comprehensive Transportation System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Foundry 30 Llc hold?

Foundry 30 Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Kittery Area Comprehensive Transportation System currently buying?

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