Bartash loan gets OK’d

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RUMFORD – Selectmen approved an economic development loan for John Bartash III following a 20-minute closed session Thursday night.

The board approved lending $30,000 at 4 percent interest over a five-year period from its revolving economic development loan fund.

Bartash recently purchased Harvey Fabrics and Molding Designs, a Long Island, N.Y., company, and plans to establish the business on Canal Street by the end of the month.

His new business will be known as Atlantic Designs International LLC, he said Thursday.

The business, to be located on 91 Canal St. as part of the Bartash complex, will offer wholesale fabric and molding for framing and furniture, and retail framing services.

In other matters Thursday, a lengthy schedule of meetings for the board and the Finance Committee was presented as part of the budget development process for 2007-08.

A series of 11 public Finance Committee and selectmen’s meetings will begin on March 6, then end a week before the annual town meeting on June 12.

The board also appointed Selectman Greg Buccina to the regionwide Service Center Coalition Committee, and Selectmen Mark Belanger and Arthur Boivin as election warden and deputy election warden, respectively, for the Region 9 renovation and addition project referendum scheduled for Jan. 9.

A public hearing was scheduled for 6:30 p.m. on Thursday, Jan. 18, to receive public input for a $400,000 federal Community Development Block Grant that, if approved, would go toward a downtown revitalization project.

Town Manager Stephen Eldridge said the grant must be submitted by early February.

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