Quimby Business Park Road Borrowing

At a glance

• What: Authority to borrow up to $750,000 for road and infrastructure work in the Quimby Business Park tax increment financing district and for repaving Worchester Street.
• Where it stands: Passed 7 to 0 on August 20, 2026. Unlike the two larger borrowing orders, the order text carries no referendum.
• Next: City staff issue general obligation bonds as needed.

The order (26-131)

Up to $750,000 under section 7 of Article VII of the city charter, with a useful life of more than 30 years, for design, engineering and construction of roads and infrastructure in the Quimby Business Park TIF district and reconstruction and repaving of Worchester Street. The City Manager or the finance director may issue bonds and temporary notes. Moved by Councilor Lind, seconded by Councilor Judkins, 7 to 0.

Sources

• City Council business meeting minutes, August 20, 2026: https://www.augustamaine.gov/AgendaCenter/ViewFile/Minutes/_08202026-94

Log

2026-08-20 - City Council

Passed 7 to 0.