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Saco council approves termination of 2019 credit‑enhancement agreement with Baxter and Cuts LLC
Summary
The Saco City Council voted unanimously April 13 to approve a termination agreement ending the city’s 2019 credit‑enhancement support for Baxter and Cuts LLC after the company vacated the facility and failed to meet performance conditions. The administrator was authorized to sign the termination.
The Saco City Council voted unanimously April 13 to terminate the city’s October 21, 2019 credit‑enhancement agreement with Baxter and Cuts LLC after the company vacated the facility and no longer met the contract conditions.
The council opened and closed a public hearing on the termination with no members of the public speaking. Councilor Johnston, who introduced the…
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