SEAL OF OTY C STERC OF City of Westbrook 2 York St., Westbrook, ME 04092 (207) 854-9105 Fax: (207) 854-0635 CITY OF WESTBROOK NOTICE OF PUBLIC HEARING The Westbrook City Council hereby provides notice that it will hold a public hearing at 7:00 p.m. on Monday, August 2, 2021, in the Westbrook High School, 125 Stroudwater Street, Room 114, Westbrook, Maine, for purposes of receiving public comments on the designation of the proposed new Municipal Affordable Housing Development District, the Millbrook Estates Affordable Housing Development District, and the adoption of a Development Program for said new District pursuant to the provisions of Chapter 206 of Title 30-A of the Maine Revised Statutes, as amended. The proposed new District consists of the property located at 300 East Bridge Street (Map 012, Lot 010 on the City's Tax Maps) and consists of approximately 22.97 acres total. The proposed new District and Development Program will enable the City to capture tax revenues generated by investments made within the District related to certain residential development activities. The City proposes to authorize a Credit Enhancement Agreement with the developer of the property within the District, Millbrook Estates I, LP, that allocates certain revenues generated from the development within this District to the Developer for operating costs and financing of the acquisition and rehabilitation of a 100 unit low-income senior housing project, and to allocate the remaining revenues to municipal projects such as road improvements, pedestrian amenities, transportation infrastructure, other municipal infrastructure, senior services and public safety, as may be approved and permitted pursuant to Section 5225 of Title 30-A of the Maine Revised Statutes, as amended. A copy of the proposed Development Program for the new District is on file with the City Clerk at City Hall, 2 York Street in Westbrook, Maine, and may be reviewed during normal business hours. All interested residents are invited to attend the hearing and to be heard at that time. THE SEAL OF OTY C STERC OF City of Westbrook 2 York St., Westbrook, ME 04092 (207) 854-9105 Fax: (207) 854-0635 CITY OF WESTBROOK NOTICE OF PUBLIC HEARING The Westbrook City Council hereby provides notice that it will hold a public hearing at 7:00 p.m. on Monday, August 2, 2021, in the Westbrook High School, 125 Stroudwater Street, Room 114, Westbrook, Maine, for purposes of receiving public comments on the designation of the proposed new Municipal Affordable Housing Development District, the Millbrook Estates Affordable Housing Development District, and the adoption of a Development Program for said new District pursuant to the provisions of Chapter 206 of Title 30-A of the Maine Revised Statutes, as amended. The proposed new District consists of the property located at 300 East Bridge Street (Map 012, Lot 010 on the City's Tax Maps) and consists of approximately 22.97 acres total. The proposed new District and Development Program will enable the City to capture tax revenues generated by investments made within the District related to certain residential development activities. The City proposes to authorize a Credit Enhancement Agreement with the developer of the property within the District, Millbrook Estates I, LP, that allocates certain revenues generated from the development within this District to the Developer for operating costs and financing of the acquisition and rehabilitation of a 100 unit low-income senior housing project, and to allocate the remaining revenues to municipal projects such as road improvements, pedestrian amenities, transportation infrastructure, other municipal infrastructure, senior services and public safety, as may be approved and permitted pursuant to Section 5225 of Title 30-A of the Maine Revised Statutes, as amended. A copy of the proposed Development Program for the new District is on file with the City Clerk at City Hall, 2 York Street in Westbrook, Maine, and may be reviewed during normal business hours. All interested residents are invited to attend the hearing and to be heard at that time. THE