1990-10-BOS-min - Laserfiche WebLink

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_.�If Selectmen's Meeting -3- October 29, 1990 Mr. Ebersole had recommended that Bay Bank, the lowest bidder, be awarded the renewal of the B.A.N. Upon motion duly made and seconded, it was voted to approve the award of a Bond A n t i c i p a t i o n Note in the amount of $214,000 for work on the North Lexington Pump Station, to Bay Bank, and to execute the notes in Bay Banks' name. MANAGEMENT ASSISTANCE HOUSING AUTHORITY Mr. white referred to the scope of work involved in managing the Town's increasing affordable housing stock, and the need for assistance from an experienced housing management professional in this area. A proposal to hire the Executive Director of the Housing Authority as a consultant for that purpose had not met with support from state and federal agencies such as HUD and EOCD who feel that arrangement would present conflicts. A draft letter to William Spencer , Chairman of the Housing Authority, request allocation of ten hours per month of professional assistance from the Executive Director, was reviewed. Upon motion duly made and seconded, it was voted to authori Mrs. Smith to sign the letter on behalf of the Board. EMERSON GARDENS UNITS There was brief discussion about the acquisition by the Town of 10 2 units at Emerson Gardens, for a successful bid of $783,000. It was noted that nine of the ten units are currently occupied. Questions arose as to what procedures would be imp lemented in offering assistance to the evicted tenants of those units. None of the tenants, in the units purchased, are under the protection of the condo conversion by -law which a l l o w s them to remain until the completion of five years from eviction notice, or 4 18 additional months. The Selectmen were assured that LexHAB would work to help in relocation of the nine tenants affected. PIKE MEADOWS DEVELOPMENT Mr. Marshall introduced Lisa A l bergh i n i and Steve Tyson of Community Builders, Inc., who were present to report to the Board on a revised development plan for Pine Meadows, as submitted to the Planning Board on October 23, 1990. Mr. Marshall noted that the 1990 Town Meeting had been generally supporti of the plan for 40 units of housing and the road design proposed but had expressed reservations regarding the sale of up to 11 lots at market rate to help with the funding of construction. It is felt that the revised plan responds to input from Town Boards and Town Meeting. The original development plan, showing up to 11 lots to be sold was displayed and Mr. Tyson outlined concerns expressed by various boards on several aspects of that plan.