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Minutes for the Meeting of September 27, 1989 3 <br /> In response to a question from Mr. Sorensen, as to whether it was their <br /> proposal to give the multiple units to the Town, Mr. Higgins replied that <br /> their proposal was to end up with eight units in the existing three buildings, <br /> that presently contain five units, with no exterior extensions in the three <br /> buildings. They proposed that LexHab would "have control" of three units, <br /> meaning that they could select the tenants, and specify how the rent would be <br /> collected. In response to other questions from Board members, he added Ms. <br /> Vilasi would continue to own the units and receive the rent. Mr. Sorensen <br /> commented that appeared they were going in the wrong direction in increasing <br /> the number of multiple units. <br /> In response to a question from Mrs. Wood, as to whether there was any other <br /> way to allow the development and retain the existing units, Mr. Bowyer <br /> responded the comprehensive permit process could be used but, by statute, the <br /> applicant must be a non-profit corporation, limited dividend corporation or a <br /> public agency, and there must be either a state or federal subsidy in order to <br /> qualify for the permit, and the applicant must give evidence of what the <br /> subsidy program is, as well as what non-profit or limited dividend corporation <br /> is making the application. He added there may be an alternative available in <br /> the near future that may allow for local initiative eliminating the require- <br /> ment for state or federal subsidy, but it would still require that the ap- <br /> plicant <br /> be a limited dividend or non-profit corporation. He added the <br /> applicant appeared to have two choices: 1) establish a limited dividend <br /> corporation, or 2) designate a public agency to be the applicant. <br /> Ms. Vilasi stated, that Richard Walker, regional representative of the Mass. <br /> Housing Partnership, had stated, when he met with her, that they did not need <br /> any state subsidy to go ahead with their plans, and that he supposedly gave <br /> that opinion to Mr. Bowyer about a month ago. Mr. Bowyer commented that he <br /> had set up the meeting between Ms. Vilasi and Mr. Walker to look at the <br /> properties. He added that Mr. Walker had reported back, by phone, that he <br /> thought it was a very promising proposition, but that Mr. Walker had not <br /> indicated whether or not he had told the applicant it would not be necessary <br /> to have a subsidy program. Mr. Walker had mentioned two or three subsidy <br /> programs he thought might suit the property, given the characteristics of the <br /> buildings, and he noted the buildings would have to conform to building codes. <br /> Mr. Walker urged that the parties consisting of the Town, the Realty Trust and <br /> Mass. Housing Partnership get together to carry it to the next step. The <br /> Board agreed this meeting should take place. Mr. Bowyer reported there is a <br /> meeting scheduled with the Town Manager, the Planning Director, Ms. Vilasi and <br /> Mr. Higgins tomorrow morning. <br /> The meeting was adjourned at 7:59 p.m. <br /> //ka-64iitie(--" <br /> Eleanor Klauminzer, <br /> Vice Chairman <br />