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Mr. Michelson of the Appropriation Committee pointed out that the CPC had <br />never considered a proposal like the Leary purchase, and expressed his belief that <br />it was best to “come at it with as much information as possible”. He felt a more <br />flexible proposal had a greater likelihood of passage at Town Meeting. He also <br />pointed out that some individuals have said the best way to preserve the original <br />Leary house would be to sell it. Ms. Fenollosa responded to this comment, noting <br />that the sale of the house would preclude any affordable housing on the land. Ms. <br />Manz added that she felt the CPC had flexibility on this issue, since the Local <br />Initiative Project (LIP) process would allow the renovation of the house as well as <br />the construction of new units. <br /> <br />Discussion then turned to the issue of the $720,000 previously designated for the <br />affordable housing lot. Mr. Cohen questioned where the figure of $600,000 had <br />come from at the public hearing, and asked if it was a defensible number. Mr. <br />Adler responded here, and said he felt the initial figure of $720,000 was <br /> <br />“overpaying” and that $600,000 was more reasonable. <br /> <br /> <br /> <br />2.Votes on Projects - <br />The Committee conducted formal votes on the projects that <br />had been modified or finalized after the December hearing. The Committee voted <br />to accept the following changes. <br /> <br /> <br />a.LexHAB – increase to $845,000 (8-0) <br /> <br />b.Stone Building – reduction in funding request to $180,000 (8-0) <br /> <br />c.Center Playfields – reduction to $70,000 (8-0) <br /> <br />d.Leary Acquisition – formal vote on project and $600,000 <br />figure for affordable housing lot (8-0) <br /> e. Cary Vault – vote to accept withdrawal of project (8-0) <br /> <br /> <br /> <br />3.Article 12 – <br /> There was a very brief discussion of Articles 11 and 12, and it was <br />noted that the CPC’s Article 11(m) will be discussed under Article 12. <br /> <br /> <br />The meeting was adjourned at 3:50 pm. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br />Nathalie Rice <br />Administrative Assistant <br />Community Preservation Committee <br /> 2 <br />