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plan, such as using the existing house for low and moderate income housing. Mr. <br />Wolk said he would not be averse to such a plan, but noted that the house might not <br />be worth renovating, noting that the foundation was in very poor condition. Mr. <br />Cohen asked if borrowing would be anticipated for the acquisition. Details on <br />financing were premature, however, until the appraisal is conducted. <br />At 2:50 pm, after a duly conducted roll call vote, the Committee voted to close the <br />Executive Session and return to Open Session. <br />Respectfully submitted, <br />Nathalie Rice <br />Administrative Assistant <br />Community Preservation Committee <br />2 <br />