1. Financing Redevelopment Projects: What you Need to Know Jeffrey K. Jordan Deputy Director Midcoast Regional Redevelopment Authority

2. Distribution of Sources

3. Federal Sources Federal Share Department of Defense - Office of Economic Adjustment$10,480,000 Department of Commerce - Economic Development Administration Brunswick Renewable Energy Center Study$200,000 Infrastructure Grant$1,400,000 Make It In America Challenge Grant$750,000 Department of Transportation - Federal Aviation Administration Military Airport Program$13,428,300 Department of Treasury - New Market Tax Credits (private Wells Fargo Bank)$3,945,400 Total Federal Resources$30,203,700

4. StateSources State Sources State of Maine Governor of Maine - Contingency Account$14,000 Maine State Housing Authority - Housing Study Grant$10,000 Maine Department of Transportation State Aviation Projects (80%/20%)$173,000 MAP Projects - State Match$325,200 Line of Credit$1,300,000 Maine Legislature - Voter Approved Jobs Bond Issue$3,250,000

5. State Resources State of Maine Governor of Maine - Contingency Account$14,000 Maine State Housing Authority - Housing Study Grant$10,000 Maine Department of Transportation State Aviation Projects (80%/20%)$173,000 MAP Projects - State Match$325,200 Line of Credit$1,300,000 Maine Legislature - Voter Approved Jobs Bond Issue$3,250,000 Maine International Trade Center - International Marketing$50,000 Maine State Planning Office - Smart Growth Study$3,000 Efficiency Maine (quasi state agency)$40,200

6. State Resources State of Maine Maine Department of Economic and Community Development (CDBG) Community Development Grant - MRRA Local Match for OEA Grant$328,600 Community Development Grant - Hangar 6/Kestrel$250,000 Community Development Grant - TechPlace$250,000 Business Attraction Grant 2010$50,000 Business Attraction International Fly In$55,800 BRAC Information Technology Study$40,000 Jobs Tax Increment Financing (two years)$53,500 Total State of Maine$6,786,500

7. Local Resources Local Sources Town of Brunswick TechPlace Grant - Brunswick Development Corporation$250,000 Local Match for Town Liaison Position$31,800 Tax Increment Financing District - Brunswick Landingtbd Tax Increment Financing District - Brunswick Executive Airporttbd Other Towns - Bath, Topsham and Harpswell$19,200 Total Local Sources$301,000

8. MRRA Sources Property Sales$18,029,000 Contingent Sales AMH$310,000 Leases$9,371,700 Fee for Service$619,600 Utility Revenues$3,294,400 Total MRRA Sources$31,624,700

9. Private Sources Bank Financing - Bangor Savings Bank$10,319,600 Total Private Sources$10,319,600 Total All Sources$79,235,500

10. Thank you.