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Minutes for the Meeting of October 29, 2008 Page 3 <br /> <br />performance measures to recoup the monies from escrow; what were the traffic performance <br />measures? Mr. Nichols said it would take some time after occupancy to achieve some of the <br />necessary credits for LEED certification credits and the traffic performance measures were a <br />reduction of 10% for projected single vehicle trips based on square footage not parking spaces. <br />Mr. Zurlo <br />?? <br />Based on the Table of Dimensional Controls the current difference of 33% between gross floor <br />area and net floor area seemed high. Was there documentation to show how that number was <br />derived? Mr. Nichols said the building interior layout is very inefficient and he would share the <br />calculations. The proposed building’s net floor area would be 15% of its gross, but 20% was <br />used for the fiscal impact. Mr. Nichols said the assessment is based on the rental income, which <br />is based on the rentable square footage. <br />?? <br />Was there anything in the PSDUP showing the commitment from past approvals such as the <br />lighting? Mr. Nichols said he believed that previous commitments were met. <br />?? <br />Wanted to see architectural plans showing the use of 50% roof coverage. Mr. Nichols said the <br />plan showed what was the anticipated use. It would be more if there were labs involved. <br />?? <br />When would the tax revenue start? Mr. Grant said there was generally a time lag of 1 to 5 years. <br />?? <br />Had there been any discussion of looping Lexpress into the property as an express service during <br />lunch hours to reduce vehicle trips? Mr. Nichols said to date there had been none, but would like <br />to have that discussion and have it as part of the TDM policy. <br />?? <br />The meeting with the Design Advisory Committee will be a good opportunity to deal with the <br />mass of the building beyond just the surface treatment. <br />Mr. Canale <br />?? <br />There were more issues that were raised at the October 1 meeting than were answered. Mr. <br />Nichols said he would respond to those questions at a later time. <br />?? <br />What would be the rationale for rezoning the portion that is residentially zoned to a commercial <br />zone since leaving it residential would not affect what was being proposed? Mr. Nichols said it <br />was to establish a commercial property and it would not affect development plans since it would <br />all be in restricted areas; it would affect the FAR. <br />?? <br />There are concerns about the expansion of commercial zones if they don’t advantage abutters, the <br />applicant, and the Town. <br />?? <br />There was a feeling that the 2003 proposal is better than the proposed plan, the FAR is not as <br />concerning as in 2003, but the intrusion of the commercial area on Spring Street was problematic, <br />as it is with the present plan. There are concerns about the proposed building and that it should <br />stay off the steep slopes, out of the 100-foot wetland buffer, that this would be the tallest building <br /> <br />