At a special meeting Dec 3., the Newcastle Planning Board granted a 30 day extension to Mattson Development to allow the company time to satisfy a performance guarantee for the Newcastle Harbor House project.
The town had imposed a Dec. 3 deadline for Mattson to meet conditional requirements before it would issue a building permit. According to town attorney Peter Drum, Mattson was waiting for bank approval for a letter of credit but the bank, owing to the amount at issue, required approval from its board of directors.
Drum blamed the delay on the holidays and expected Mattson to receive confirmation within “the next two weeks.”
The Board also granted Mattson an extension for a Maine Dept. of Transportation letter that would approve the placement of two handicapped parking spots on Main St. in front of the site. The Newcastle Board of Selectmen will next meet on Dec. 16.