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(Adjourned Session of the 1986 Annual Town Meeting April 28 1986)
<br /> Article 47. Beginning at a point on the easterly line of Waltham Street:
<br /> (Cont.)
<br /> NORTHERLY by land now or formerly of Gardencrest Inc., and land
<br /> now or formerly of the Town of Lexington, as shown on
<br /> a plan hereinafter mentioned, on four (4) lines,
<br /> comprising in the aggregate a total of 1871.97 feet;
<br /> EASTERLY by land now or formerly of the Town of Lexington, and
<br /> land now or formerly of the County of Middlesex, as
<br /> shown on said plan, on two (2) lines, comprising in
<br /> the aggregate a total of 1,700.20 feet;
<br /> SOUTHERLY by land now or formerly of the County of Middlesex,
<br /> as shown on said plan, on one (1) line, comprising
<br /> 235.46 feet;
<br /> SOUTHERLY by the town line separating the Town of Lexington and
<br /> the City of Waltham, as shown on said plan, on one (1)
<br /> line, comprising 549.47 feet;
<br /> WESTERLY by land now or formerly of G. Arnold Haynes, Inc.,
<br /> as shown on said plan, on one (1) line, comprising
<br /> 889.53 feet;
<br /> SOUTHERLY by land now or formerly of G. Arnold Haynes, Inc.,
<br /> as shown on said plan, on one (1) line, comprising
<br /> 166.10 feet;
<br /> WESTERLY by the easterly line of Waltham Street, as shown on
<br /> said plan, on one (1) line, comprising 110 feet.
<br /> Containing 28.89 acres, more or less, and being shown on a plan
<br /> entitled "Plan of Land in Lexington, Mass., To Be Rezoned" dated
<br /> December 13,.1985, prepared for Choate - Symmes Life Care, Inc. by
<br /> BSC- Bedford, 18 North Road, Bedford, Mass., Donald J. Forand,
<br /> Professional Land Surveyor.
<br /> 8:18 P.M.
<br /> Fred C. Bailey, resident of Lexington and a Trustee of Choate-
<br /> Symmes Life Care, Inc., gave a recap of the proposal. He said
<br /> that the community shall consist of three functional elements in-
<br /> cluding residential living units, health care facilities, and
<br /> community spaces. Residents joining the community will pay an
<br /> entrance fee. This entrance fee will be 90% refundable to the
<br /> individual or his /her estate when he /she leaves the facility.
<br /> There will also be monthly maintenance fees. Choate- Symmes Life
<br /> Care, Inc., shall enter into an. agreement with the Town of Lex-
<br /> ington to make a payment in lieu of real estate taxes of
<br /> $175,000 in the first year of operation. A payment will be made
<br /> each year thereafter with the amount adjusted proportionally to
<br /> the change in the real estate tax rate. 8:50 P.M.
<br /> (Planning Judith J. Uhrig moved that the report of the Planning Board
<br /> Board on Article 47 be accepted and placed on file. 8:50 P.M.
<br /> Report)
<br /> Mrs. Uhrig said that a majority of the Planning Board recommends
<br /> approval of this article. They feel that this is a suitable
<br /> location, convenient to shopping and not suitable for single
<br /> family housing. The facility is large but the tract of land is
<br /> also large. 8:52 P.M.
<br /> Mrs. Uhrig's motion that the report of the Planning Board on
<br /> Article 47 be accepted and placed on file was adopted by
<br /> voice vote. 8:53 P.M.
<br /> John C. Eddison said that the Board of Selectmen, with William J.
<br /> Dailey, Jr. abstaining, unanimously supported this article. He
<br /> said that open land in this town is decreasing. He added that
<br /> the South Lexington Civic Association has raised the questions
<br /> of density and affordability and that he understands that they
<br /> will move to amend the motion by delaying this proposal for one
<br /> year. Mr. Eddison spoke in opposition to this delay.
<br /> 9:07 P.M.
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