2004-01-28-PB-min - Laserfiche WebLink

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Minutes for the Meeting of January 28, 2004 Waltham Street, where the number of SAC is unusually high for an Avalon Bay community. Revenue Avalon Bay would pay the town approximately $500,000 in permitting and construction fees. After build-out, with property and excise taxes generated by the community, the project should be revenue neutral to the Town.. Traffic Mr. Rick Bryant, Rizzo Associates, traffic consultants, presented the expanded traffic studies requested by residents at an earlier information meeting. The study was expanded to include more intersections, including some in Belmont and Waltham, other potential developments in the area were factored in, as well as traffic data from Avalon at Lexington Ridge. He outlined the transportation demand management plan envisioned so far. (According to the second amendment to the reuse plan, one segment of a bifurcated parkway off Concord Avenue would provide access to the new community.) Audience Questions and Comments: Mr. Kenneth Kreutziger, Lexington Housing Partnership Board, presented the Board's case for affordable housing at Met State. Mr. Donald Graham, Transportation Advisory Committee, indicated that his committee would work with the Planning Board on the traffic issues. He indicated the committee's conviction that some type of transit is needed to connect the new community to the rest of the town and support from AvalonBay would be critical. Mr. John Rosenberg, Capital Expenditures Cormnittee, expressed his hope that residents keep their minds open on the proposal and not make up their minds too soon, as the diversity the development will offer is important to Lexington. Mrs. Karen Dooks, Appropriations Committee, asked about the cost of providing public safety services to the new community. Mr. Roberts indicated that those figures are not ready yet. Selectman Peter Kelley indicated his desire to see more planning go into providing a community building. Many people questioned the number of SAC AvalonBay says will be produced. Others spoke in favor of having some services on site so the residents don't to always go shopping someplace else. Mr. Roberts indicated that a drycleaners and an ATM are possible. The subject of access to public transportation was repeatedly raised along with the great need for traffic mitigations. EXECUTIVE SESSION At 10:15: p.m., by individual poll of the Board — Mr. Harden, Mr. Kastorf, Ms, Chase, Mr. Davies, Mr. Galaitsis - it was voted to go into executive session to discuss litigation against the town. The Board agreed to reconvene in open session only for the purpose of adjourning. The Board returned to open session at 10 :30 p.m. On a motion duly made and seconded, it was voted to adjourn at 10:3 n / � P f f! J n L. Davies, Clerk