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Board approves ownership transfer paperwork for Bella Costa; ABCC and lender issues prompted stock transfer
Summary
The board approved a change of officers, directors and stockholders for Bella Costa restaurant at 147 Kitchituitet Road, recording that the purchaser will be MerPath Restaurant Corp and that the company will be owned 100% by the buyer named on the filing; ABCC and lender timing required the filing.
The Board of License Commissioners voted unanimously April 28 to approve a change of officers, directors and stockholders for Bella Costa restaurant at 147 Kitchituitet Road, reflecting an internal stock transfer that arose from lender requirements and prior ABCC action.
Attorney Matthew Porter, representing the buyers, told the board that the buyer group — identified in the filing as…
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