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8-18-58 -3- agreement whereby an option could be obtained frau Mr. Kendrick for the purchase of a portion of his land for the extension of Emerson Road from the Burnham Farms development to East Street. Mr. Jaquith stated that Mr. Kendrick indicated his will- ingness for Lexington to acquire said portion de- sired between September l and.October 30, 1960, that he wished to continue to farm the land involved for two more years, and that he did not wish to reserve the right afterwards to draw water from Vine Brook. Mr. Jaquith said that Mrs Kendrick was interested in possible street and water betterment assessments, these being estimated from a minimum of $1350 to a maximum of $1725. Discussing the matter further the Board be- lieved it would be preferstble to purchase the land on a straight price basis rather than trying to re- duce the cost of land by eliminating betterment assessments. It was thought that on this basis no question could arise as to when Emerson Road was to be constructed from Burnham Farms to East Street. $3500 was considered to be a fair purchase price. Mr. Jaquith was asked to discuss the matter further with the Town Counsel and authorized to obtain an ' option from Mr. Kendrick. With reference to Pond Realty Trust's pro- posal to develop the former Magnuson land (see minutes of June 23, 1958 Planning Board meeting), there was discussed a study Mr. Boyle made under Mr. Snow's direction, said study being entitled "Pro- posed Location Worthen Road Mass.Ave. to Route 128"0 dated Aug. 5, 1958. Mr. Snow pointed out that while changes in the proposal would probable need to be made at a later date, the location of the extension of Worthen Read from Hill Street to the Pine Meadows golf course was sufficiently well determined to make a detailed study of this section of the road in re- lation to lands of the Pond Realty Trust, Ernest E. MacPhee and the Lexington Goll' Club. The plan show- ing this relationship was discussed and approved by the Board, said plan being entitled "Proposed Resi- dential Subdivision from Garfield St. to Vaille Ave.", dated Aug. 10,_1958. Mr. Snow was authorized to give and to discuss with representatives of Pond Realty Trust part of a print of said plan as it related to said Trust's land. . Considered next by the Board was the Lexing- ' ton Development Co.'s application fort entative approval of the Lowell Estates preliminary subdivi- sion plan. (See minutes of July 21, 1958 meeting.) EMERSON ROAD STREET OPTION POND REALTY TRUST