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A- <br />p r <br />i126, 2010 <br />4. Possible Cotton Farm Acquisition (Article 9). The Committee was given a <br />brief update on the status of discussions regarding the possible acquisition of the Cotton <br />Farm property located on Marrett Road, currently under consideration by the CPC. Rob <br />Addelson advised that the owners had proposed to accept payment for the property under <br />a three -year, interest -free installment arrangement that would be treated, in effect, as a <br />private sale bond and obviate the need for issuance of a municipal bond. Alan Levine <br />advised that the matter had been scheduled for consideration by the Annual Town <br />Meeting on Monday, May 10, and that further discussion by the Committee would be <br />scheduled if the CPC voted to advance this article. <br />The meeting was adjourned at 7:25 p.m. <br />Respectfully submitted, <br />John Bartenstein <br />Approved September 22, 2010 <br />-2- <br />