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<br />(k)Munroe Tavern (9-0) <br /> <br />(l)Purchase of Three Properties by LexHAB (9-0) <br /> <br />(m)Possible Land Acquisition (no vote taken) <br /> <br />(n)Administrative Budget (9-0) <br /> <br /> <br /> <br />3.LexHAB, Purchase of Three Properties <br /> <br /> <br />Ms. Weiss updated the Committee on the status of the LexHAB project. She said the <br />Ross Road property is still encumbered with liens, which LexHAB hopes to resolve <br />by mid-February. Mr. Kanter reported that LexHAB had reported to the CEC that it <br />wished to purchase the property only if it had clear title and was unencumbered by <br />liens. Ms. Krieger suggested keeping the project active with an appropriate budget <br />while the details of the purchase were worked out. <br /> <br /> <br /> <br />4.Busa Update <br /> <br /> <br />Mr. Cohen updated the Committee on the negotiations for the Busa property. He <br />stated that there are two articles on the Warrant for the acquisition, and that if it did <br />go on the market, the Town would have the right of first refusal. He said there were <br />variations in the various appraisals previously conducted for the property, and that a <br />Town appraisal was expected shortly. <br /> <br /> <br /> <br />5.Town Meeting Presentations <br /> <br /> <br />Ms. Weiss notified the Committee that she would like individual members to <br />introduce the articles at Town Meeting. She said members should write a short <br />summary of each article, and to be able to answer general questions. Ms. Rice will put <br />together the articles and send them to members for their review and editing for these <br />summaries. <br /> <br />There was a brief discussion of upcoming meetings, after which the CPC adjourned at <br />5:00 pm. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br />Nathalie Rice <br />Administrative Assistant <br />Community Preservation Committee <br /> 2 <br />