2010-12-07-CPC-min - Laserfiche WebLink

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is in a historic district, efforts will be taken to replace the bull-nose brick on the sides of the doorway, and to recreate the lintel at the top. There were no questions on the project. 3.Leary Planning Funds – Lester Savage, member of the Ad Hoc Leary Property Community Housing Task Force presented this project request for $30,000 in planning funds to design and formalize a community housing proposal for the Leary property. He said the funds would be used for architects’ fees, lawyers’ fees, a wetlands analysis, and any other environmental assessment. He said he anticipated that the Committee would be returning to the CPC in the future for funding for the development of community housing. There were no questions regarding this proposal. 4.LexHAB Set Aside Funding for Acquisition of Affordable Housing – Co- Chair Bill Kennedy presented this application for $450,000 in set-aside funds for the purchase of affordable housing units. Mr. Kennedy explained that the request for “up front” CPA funds would allow LexHAB to save considerable money in legal fees, interest payments and lost rental income. He said that the present arrangement, which frees CPA funds at the beginning of the fiscal year necessitates two closings, and considerable lost time and resources. Ms. Fenollosa asked Mr. Kennedy if any of the CPA funds would be used for previously-owned buildings to which Mr. Kennedy replied in the negative, stating that such costs would be taken out of LexHAB’s operating budget. Ms. Manz noted that if the CPC votes to forward this request on to Town Meeting for approval, it would be essential to define a set of conditions for the appropriation. This might include the process by which LexHAB would attain CPC and Board of Selectmen approval once a unit is identified for purchase. Ms. McKenna spoke in support of this project, stating that as a Town Meeting member, she had had problems approving CPA funds for LexHAB units that had already been purchased. She said she very much supported setting aside the funds for future acquisition of affordable units. 5. Battle Green Monument Restoration - Mr. Pinsonneault, Superintendant of Public Grounds described his request for $50,000 for the restoration of the historic monuments around the Battle Green, specifically the Minuteman Statue, the Obelisk, the Minuteman Monument, the Flagpole and the Half Shell. Mr. Pinsonneault described the various restorations that were needed to 2