Massdevelopment Board of Directors

MassDevelopment Board of Directors

Thursday, June 12, 2014, 10:00 a.m.

99 High Street, 11th Floor

Boston, MA

UPDATED AGENDA

[Secretary’s Note: This agenda includes walk-in items and any other changes at the Board meeting.]

MINUTES

1.  Minutes of May 8, 2014 Board Meeting – Voice Vote

2.  Executive Session Minutes of May 8, 2014 Board Meeting – Voice Vote

PRESIDENT / CEO REPORT

·  Monthly Update

GENERAL MATTERS

3.  Approval of Merger of Audit and Administration Committees – Vote

4.  Agency FY2015 Budget – Voice Vote

5.  Approval to Amend Contract with Technology Partnership Group, Inc. – Vote

STRATEGIC PLANNING

6.  MassDevelopment Annual Business Plan (FY2015) – Voice Vote

7.  MassDevelopment Annual Business Plan (FY2014) (informational)

8.  MassDevelopment Strategic Themes, Strategies and Key Performance Indicators (informational)

COMMUNICATIONS

9.  Media Report (May) (informational)

BOND TRANSACTIONS

10.  Delegated Authority Report for OA approvals (informational)

11.  Bond Detail Memorandum (informational)

·  Bonds: Official Action Approvals

Official Action Projects without Volume Cap Request

12.  Old Colony Y (Various) – $12,350,000 – Vote

13.  Northeast Document Conservation Center, Inc. (Tewksbury) – $5,000,000 – Vote

14.  Cerebral Palsy of Massachusetts, Inc. (Stoughton) – $4,660,000 – Vote

Official Action Projects with Volume Cap Request

15.  Trinity Border Street Limited Partnership (Boston) – $7,781,000 – Vote

·  Bonds: Final Approvals

Final Approval Projects without Volume Cap Request

16.  The Children’s Hospital Corporation (Various) – (Revised FA) – $178,000,000 – Vote

17.  Worcester Polytechnic Institute (Worcester) – (OA/FA) – $4,750,000 – Vote

18.  Lifeworks, Inc. (Various) – (OA/FA) – $3,500,000 – Vote

Final Approvals Projects with Volume Cap Request

19.  HRI Putnam Square II LLC (Cambridge) – $13,300,000 – Vote

20.  Salem Point II Limited Partnership (Salem) – $9,800,000 – Vote

21.  ACDC Tremont Village LLC (Boston) – $4,300,000 – Vote

22.  Berkshire Corporate Realty, LLC/Berkshire Sterile Manufacturing, Inc. (Lee) – (OA/FA) – $4,300,000 – Vote

23.  Premier Fence, LLC (Canton) – $3,019,950 – Vote

Low Income Housing Tax Credits (“LIHTC”) Bond Issuer Tax Code Findings

24.  HRI Putnam Square II LLC (Cambridge) (Tab 19) – LIHTC – Vote

25.  Salem Point II Limited Partnership (Salem) (Tab 20) – LIHTC – Vote

26.  ACDC Tremont Village LLC (Boston) (Tab 21) – LIHTC – Vote

STANDING BOARD COMMITTEES

Manufacturing & Defense Sectors Committee – Chair: D. Kanin

·  Report of June 10, 2014 Meeting

27.  Minutes of May 6, 2014 Meeting (informational)

·  Advanced Manufacturing Futures Program

28.  Manufacturing Futures Program Master Grant Solicitation Extension – Vote

Origination & Credit Committee – Chair: G. Cohen

·  Report of June 10, 2014 Meeting

29.  Minutes of May 6, 2014 Meeting (informational)

·  Lending

30.  Monthly Delegated Authority Report for Loan Approvals (informational)

31.  N12 Technologies, Inc. (Cambridge) – ETF II – $2,500,000 – Vote

·  Community Development

32.  Monthly Delegated Authority Report (informational)

33.  Minutes of November 25, 2013 Cultural Facilities Fund Advisory Committee Meeting (informational)

34.  Approval to Award Cultural Facilities Fund Grants – Vote

Real Estate Development & Operations Committee - Chair: D. Abromowitz

·  Report of June 10, 2014 Meeting

35.  Minutes of May 6, 2014 Meeting (informational)

36.  Devens and Devens Environmental Updates

37.  Devens – Electric Rate Adjustment – Vote

38.  Devens – Sewer Rate Adjustment – Vote

# Devens – Master Power Supply Purchase Agreements – Vote

[walk-in]

39.  Devens – Award of Contract for Environmental Engineering and Science Services – Vote

# Devens – Contract Amendment with Harvard School Committee for Educational Services – Vote [walk-in]

40.  Statewide Real Estate Projects Updates

41.  Summary of DHCD’s Smart Growth 40R Program

# Devens – Grant Road Housing Project Term Sheet [Executive Session]

EXECUTIVE SESSION

·  Devens – Grant Road Housing Project Term Sheet

[walk-in]

·  Lawrence – Update on 370 Essex Street Project

·  Executive Session Minutes of May 8, 2014 Board Meeting

OPEN SESSION

·  Devens – Grant Road Housing Project Term Sheet – VOTE

·  Executive Session Minutes of May 8, 2014 Board Meeting – VOTE

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