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M E E T I N G N O T I C EEntity:Board of Directors ofMassachusetts Development Finance AgencyDate/Time:Thursday, October 15, 2015, 10:00 a.m.Location:MassDevelopment/Devens33 Andrews ParkwayDevens, MA 01434Anticipated topics:MINUTESMassDevelopment September 10, 2015 Meeting MassDevelopment Executive Session September 10, 2015 Meeting PRESIDENT / CEO REPORTMonthly UpdateGENERAL MATTERS2015 Portfolio Review by Chaston AssociatesSTRATEGIC PLANNINGMassDevelopment FY2016 Strategic Themes and Business Plan Goals MARKETING/COMMUNICATIONS Media Report (September) BOND TRANSACTIONSDelegated Authority Report Bond Detail Memorandum Bonds: Official Action ApprovalsOfficial Action Projects without Volume Cap Request Community Alternative Residential Environments, Inc. (Various) – $8,350,000 Official Action Projects with Volume Cap Request Washington Heights Preservation Limited Partnership (Worcester) – $29,000,000Four Corners Plaza LLC (Boston) – $9,000,000 Talbot Station I LLC (Boston) – $7,869,122 Bonds: Final ApprovalsFinal Approval Projects without Volume Cap Request Western New England University (Springfield) – $40,000,000New England Conservatory of Music (Boston) – (OA/FA) – $16,500,000The Trustees of Hampshire College (Amherst) – (Revised FA) – $15,000,000 Holyoke Medical Center, Inc. (Holyoke) – $15,000,000CIL Realty of Massachusetts Incorporated (Various) – (OA/FA) – $14,000,000Westwood Marketplace Holdings LLC (Westwood) – I-Cubed – $10,000,000Harbor Health Services, Inc. (Boston) – $10,000,000Alma del Mar Foundation, Inc. (New Bedford) – $9,760,000 Walker, Inc. (Various) – $8,000,000 Malden Catholic High School, Inc. (Malden) – $5,300,000 Final Approval Projects with Volume Cap RequestThe Related Companies, L.P. (Boston) – $122,750,000 Cottage Brook Apartments Limited Partnership (Boston) – $31,000,000RTH Restoration Housing Limited Partnership (Boston) – (Revised FA) – $16,800,000 Northbrook Senior Limited Partnership (Berlin) – $9,000,000 Low Income Housing Tax Credits (“LIHTC”) Bond Issuer Tax Code FindingsThe Related Companies, L.P. (Boston) – (Tab 22) – LIHTCCottage Brook Apartments Limited Partnership (Boston) – (Tab 23) – LIHTC Northbrook Senior Limited Partnership (Berlin) – (Tab 25) – LIHTCSTANDING BOARD COMMITTEES Manufacturing & Defense Sectors Committee – Chair: D. KaninMinutes of September 8, 2015 MeetingOrigination & Credit Committee – Chair: G. CohenMinutes of September 8, 2015 MeetingLendingMonthly Delegated Authority Report for Loan Approvals Cape Dairy Group Real Estate Company LLC (Chelsea) – $3,500,000 General Fund Loan Participation and $111,111 DFIF Loan Guaranty Community DevelopmentMonthly Delegated Authority Report New Garden Park, Inc. (Worcester) – Brownfields Remediation Forgivable Loan – $1,943,800 New Markets Tax CreditsAlma del Mar Charter School / Alma QALICB, Inc. (New Bedford) – New Markets Tax Credits Allocation – $12,000,000H-C Management Services, Inc. (Holyoke) – New Markets Tax Credits Allocation – $10,000,000 Real Estate Development & Operations Committee - Chair: D. AbromowitzMinutes of September 8, 2015 MeetingDevens and Devens Environmental Updates Statewide Real Estate Projects UpdatesSpringfield – Award of 1550 Main Street Property Manager Contract Transformative Development Initiative (TDI) – Equity Investments Update and Stearns Square (Springfield) – Capital Budget Devens – Sale of 249 Barnum Road to Peter Ianuzzi 12:00 p.m. Recess for lunchGENERAL (1:00 p.m.)Open Meeting with Members of the Devens Community ................
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