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5-28-58 <br />-3- <br />VOTED: That the definitive subdivision plan entitled <br />"Pheasant Gardens Lexington, Mass.", dated <br />Feb. 17, 195$j which was submitted to the <br />Board by Walter G. and Minola M. Black on <br />April 16, 1958s be and hereby is disapproved <br />for the reason that the applicants have not <br />submitted a bond in accordance with the Lex- <br />ington subdivision rules and regulations. <br />The meeting adjourned at 8:00 p.m. <br />All members of the Board and Mr. Snow then <br />met in the Selectmen's Room with the Selectmen, <br />Messrs. Blakely, Spaulding and reeler of Cabot, <br />Cabot, and Forbes, and Messrs. Foster and Johnson <br />of the Lexington Chamber of Commerce to discuss the <br />possibilities of re -zoning the Hayden, Swenson and <br />Richards properties as a C 3 Special Commercial <br />district, and restrictions for governing the use of <br />land in said district. <br />Mr. Gerald W. Blakeley, Jr., President of <br />C.C.& F., presented the proposal stating that Messrs. <br />Foster and Johnson had approached representatives of <br />' his organization to determine if it were willing to <br />acquire from Filene's options to purchase the Swen- <br />son and related properties at Spring Street and <br />State Route 2. He said C.C.& F. had made arrange- <br />ments to acquire the options. He now was interested <br />in having this land, including the former Richards <br />property,re-zoned restrictively for a so-called <br />office and research building park. <br />In order to make the proposal feasible, Mr. <br />Blakeley pointed out that it would be necessary to <br />amend the town's by-law to provide for office build- <br />ings in a C 3 district. He said that C.C.& F. <br />would want very strict control of the type of build- <br />ings and the use of the land in such a district. He <br />noted that his organization had these restrictions <br />in written form and would present them for consider- <br />ation if the proposal were found to be acceptable. <br />Mr. Blakeley stated that C.C.& F. had no <br />committments with any concern to locate in the pro- <br />posed park with the exception of the Raytheon Manu- <br />facturing Company. He explained that the company was <br />very much interested in locating here but already had <br />options in other towns to purchase property to con- <br />struct an executive office building costing about <br />$2,000,000. It was understood that Raytheon planned <br />to occupy such a building in 1960 so that it was <br />C3 <br />DISTRICT <br />PROPOSAL <br />