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F <br />E �k <br />S <br />SFI C'I IS MIMING <br />May 9, 1988 <br />A regular meeting of the of Sel tmsn was held on Monday, <br />� g <br />May 9 1988 in the Selectmen's Meeting Rom, Town office Building, at <br />7:30 P .m. Chairman Eddison■ Mr. Marshall■ Mr. Dailey, Mrs. Smith, Mr. <br />McSween Mr. Whit Tawas Manager; Mr, Cohen Town Counsel; Mrs. Snow, <br />Executive Clerk were present. <br />MUZZEY PFSALE CAP <br />Chaimlan Hays. and members David Eagle, Linda Conrad ■ Jean Gaudet <br />and Marshall Derby of L met with the Board for discussion of a <br />requested adjustment to the resale cap on Muz z ey condo units. <br />Mr. Hays reported on the i of a unit owner contemplating sale <br />of his condo wbo has requested an adjustment in the limit on resale <br />rice to to for the cost of installation of floors r <br />P <br />which he had preferred instead of c arpetin g . An amount equal to the cost <br />of the carpeting had been allowed him at that time. <br />Mr. Hay referred to previous discussion with the Board on possible <br />waivers of the cap in the case of necessary capita 1 improvements to the <br />Muz z ey buildinng . <br />He asked for a sense of whether the Board would want to deal with <br />the issue on a broad scope rather than making decisions on a case by <br />case basis, as future requests are made. <br />Mr. Marshall reported that he had met with Attorney Kelley who is <br />concerned with settling the issue. Mr. Marshall felt that adjustments <br />made for costs related to embeli sh ents desired by unit owners would <br />eventually resnmave the units "CILL the affordable class and was <br />uns y npa thetic with such requests. He acknowledged that needed <br />construction to correct building deficiencies might justify same easing <br />of the cap. <br />Mr. Dailey and Mr, McSweeney also felt that approving this request <br />would set a poor precedent and shared Mr. Marshall's sentiments <br />regarding major building construction items as a basis for an <br />adjustment. <br />Mr. Eddison said that the Selectmen would look to LexHAB to provide <br />'dance on the issue of cap adjustment in a broad sense and that the <br />Board feels strongly that the cap system should remain in e f f ect . He <br />felt that the Board would not want to consider individual requests for <br />adjustments . <br />KATAHDIN Ti]5 RIIRTAL MIX <br />Mr. White referred to the request of the developers of Katandin <br />Woods for change in the rental mix of apartments dedicated to Tawn use, <br />as discussed on May 2. The matter will came before the Board of Appeals <br />on May 12. Mr. White felt that the TOM should retain its rights to <br />P urchase units as originally designated and that Mr. Dailey's suggestion <br />of upgr ading cane - bedroom units to two-bedroom uni ts to make up for <br />bedroans lost in a decrease of the .11LULIber of units should <br />be considered. <br />