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No formal bids for Northgate; SEDC weighs lease, sale, sprinkler repairs and community solar
Summary
Staff reported no formal bids for the Northgate property; the board discussed negotiating a graduated lease for an interested party, potential $500,000 deduction for sprinkler repairs if sold, contacting alternate buyers, and exploring a community solar project that could sell 15% of power to offset costs.
Skowhegan Economic Development Corporation members heard that no formal bids were received for the Northgate property in the current round and discussed multiple paths forward including lease negotiations, sale with a repair-cost deduction, contacting alternative buyers, and exploring a community solar project.
Bryan Belliveau, Director of Economic & Community Development, reported that Amber remains the only informal proposal but did not submit a formal bid in the current round. The board discussed whether to pursue sale or rental of the building; Billy Finley noted a potential $500,000 deduction in the sale price to cover sprinkler system repairs. "They believe that she has looked at the New Balance building in Norridgewock," the minutes state in reference to Amber's broader search.
Members explored alternatives if Amber declines a lease. Reid Gibson proposed negotiating a graduated lease offering favorable terms similar to other tenants, and if Amber declines, to approach Maine Cedar Hot Tubs about taking more space. Board members also discussed contacting the Meisners as another expansion option.
Separately, Matt DuBois and Bryan discussed a community solar option for the building; Reid noted that selling 15% of the power generated could help offset costs. Matt encouraged Bryan to continue discussions with the town manager about the project with the town.
No formal motion altering the disposition strategy (sale versus lease) was recorded for the Northgate property during the meeting; the record shows discussion and direction for staff to pursue negotiations and additional outreach. The board did not adopt a sale price or enter into a lease at this meeting.
