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May S, 2010 <br />The Committee asked a number of questions and engaged in a lengthy discussion <br />of the pro's and con's of the proposed acquisition, the adequacy of the appraisals to <br />support the negotiated purchase price, potential alternatives for preserving or protecting <br />this property from development, and the effect that this acquisition would have on the <br />long -term availability of CPA funds for other projects valued by the community. On a <br />motion duly made and seconded to support this article, the Committee voted 3 -4 against, <br />with one abstention, based on the information currently available. Several members <br />noted that they felt this was a very close question and that their votes might change <br />depending on further information and arguments presented before the matter was taken <br />up by Town Meeting on the following Monday, May 10. <br />The meeting was adjourned at 10:20 p.m. <br />Respectfully submitted, <br />John Bartenstein <br />Approved September 22, 2010 <br />-2- <br />