Camden holding public meeting to discuss film company deal

By Heather Steeves, BDN Staff
Posted April 05, 2011, at 10:31 p.m.

CAMDEN, Maine — The town will hold an informational public hearing at 7 p.m. Thursday, April 7, at the town hall to discuss a deal the Select Board made that will give town land to a startup film company for $1.

The deal the town struck with B.D’Turman’D Entertainment states that the company will pay $1 upfront and will have five years to create more than 20 jobs in town. If the company doesn’t create 24 well-paying jobs, it will owe Camden $175,000 for the land.

Although the Select Board signed a purchase and sales agreement with the company in late March, town voters must approve it at the ballot box May 10 for the sale to be final.

The company plans to build two 18,000-square-foot warehouselike sound stages where it will film movies, according to Bill Ferrell who represents B. D’Turman’D Entertainment.  The company has planned $270 million in movies for the next three years in Camden, according to Ferrell.

http://bangordailynews.com/2011/04/05/business/camden-holding-public-meeting-to-discuss-film-company-deal/ printed on October 25, 2014