1984-04-BOS-min - Laserfiche WebLink

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r. SELECTMEN'S MEETING April 10, 1984 A meeting of the Board of Selectmen was held in the Selectmen's Meeting Room, Town Office Building, on Tuesday, April 10, 1984 at 7:00 p.m. Chairman Bat t in, Mr. Sacco, Mr. McLaughlin, Mr. Marshall, Mr. Edd i son ; Mr. Hutchinson, Town Manager; ..Miss Adler ' Assistant to the Town Manager and Mrs. Snow, Executive Clerk, were pre- sent. Also in attendance were Chairman Williams and Conservation Comm- issioners. Mrs. Frick, Mr. Smith and Mr. Price. Mr. Williams gave an overview of the Conservation Commission's pro - Art. 59 Pine posal under Article 59, for acquisition of the Pine Meadows Golf Course, Meadow proposal at a cost of $1,850,000.. He noted that active negotiations which have been ongoing for 5 t ❑ 7-years with the owners, have finally come to fruition this year. A list of questions which had been raised by the Selectmen in previous discussions of the proposal were reviewed and answered by Mr. Williams as follows: Appraisals - Where is it? A verbal appraisal, on which negotiations had been based had been received in November, 1983. A written confirma- tion of that appraisal was distributed later in the evening. Would eneral Turpose restriction vs. conservation restriction affect this agreement? Mr. Williams reported that as a conservation ■r purchase, the cost of the wetland portion of the tract could be subject { to government reimbursement, which would not be the case if bought for general Town purposes. He said that it would be of no concern to the seller but that it would matter to the Town financially. Zoning - How many lots can be develo ped on the ro ert ? The property is zoned RS, residential lots of 15,500 sq . ft. Excluding the wetlands which comprise 40% of the land, 120 to 130 lots could be developed. Access could be provided over privately owned land at oxbow Road to the dry portion with no problem. How much land for conservation/recreation is owned b the ' Town .in this area? Where does it fit into the Master Plan? Mr. Williams res- ponded that approximately 150 acres for Conservation purposes are located in that part of Town. Of that acreage, 110 -120 acres are located north of Rte. 128. He added that all golf courses and working farms have always been included in the commission's Master Plan for Acquisition, along with other specific parcels. What is the assessed value of the property? The assessed value of the 3 parcels involved is $940,000. FY '84 taxes were assessed at $26,000, but under open Space and Recreation exemptions, Ch. 61B, are down to $8,000 How much of this land is wetlands? Wetlands comprise 40% of the site. What are 'the implications relating to Cedar Street? Mr. Williams pointed out that Cedar Street is only 18 feet wide in places and that widening would involve significant land taking.