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Rome wants to leave the group running an Oakland business park. But can they?


Rome wants to leave the group running an Oakland business park. But can they?
Rome would be the first of the 24 towns in the Kennebec Regional Development Authority to withdraw, but an attorney familiar with the legislation does not think it s possible.
Michael G. Seamans/Morning Sentinel
Many people in Rome want to get out of a two-decade-old agreement that helped establish a regional business park in Oakland, but others connected to the organization running the park say the town can’t leave.
The town of Rome is making a push to be the first of the 24 member municipalities to withdraw from the Kennebec Regional Development Authority, which was established more than 20 years ago and supports the 285-acre FirstPark business park in Oakland. ....

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Rome holding public hearing Tuesday on potential FirstPark withdrawal

FirstPark in Oakland pays off bond debt, looks to future


FirstPark in Oakland pays off bond debt, looks to future
The 285-acre commerce and technology center s 24 member communities are looking to boost tax revenues and sell more lots.
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Entrance to FirstPark on Kennedy Memorial Drive in Oakland on Friday. Michael G. Seamans/Morning Sentinel
OAKLAND FirstPark has paid off its bond debt. Now, the commerce and technology center off Kennedy Memorial Drive in Oakland is working to deliver greater return on its member communities’ investments in the park by boosting tax revenues and selling more lots at the 285-acre campus.
Last week, the business park made its final bond payment to the Maine Municipal Bond Bank, wrapping up the 20-year loan the park and its 24 municipal members signed with the intention of gaining a source of tax revenue. ....

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