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<br />7.LexHAB Proposal – Possibility of a Housing Trust <br /> – Ms. Weiss explained <br />that LexHAB Chair Bill Hayes had called her to suggest the idea of LexHAB <br />receiving funding from the CPC without detailing specific projects. The <br />Committee discussed this issue, and it was agreed that what Mr. Hayes was <br />suggesting was a Housing Trust, where CPA funds would be regularly <br />dedicated to the Trust, but not for a specific purpose. Members understood <br />the interest in such a Trust, but noted that there are other competing housing <br />groups, such as the Housing Authority, and questioned whether it would be <br />fair to establish a housing trust for only one group. Mr. Hayes will be invited <br />to discuss the idea with the CPC at a later meeting, and Ms. Rice will send <br />her research on Lincoln’s Housing Trust to the Committee. <br /> <br /> <br />8.Needs Assessment Report <br />–Ms. Manz noted that the Committee is required <br />to update the Needs Assessment Report. She requested that each member of <br />the Committee review it before the next meeting. It was decided that Ms. <br />Manz would update the report first, primarily the introductory sections, after <br />which she would request Committee members to update their sections and <br />submit their proposed changes to Ms. Rice, who will coordinate the second <br />editing phase. <br /> <br /> <br />9.Next Meeting - <br />The next meeting was set for Wednesday, September 29, <br />2010 at 2:30 PM in Room 207 of the Town Office Building. <br /> <br />The meeting was adjourned at 4:55 pm <br /> <br /> <br />Two documents were reviewed or presented at the CPC meeting; <br /> <br />(1)A working spreadsheet entitled, “Community Preservation Committee, <br />Anticipated Revenue, Projects and Expenses”, dated September 20, 2010. This <br />document is on file with the CPC. <br /> <br />(2)The CPC Needs Assessment Report, entitled, “Town of Lexington, Community <br />Preservation Plan: Needs Assessment Report” dated October, 2010. This <br />document is available on the CPC website. <br /> <br />. <br /> <br />Respectfully submitted, <br /> <br /> <br />Nathalie Rice <br />Administrative Assistant <br />Community Preservation Committee <br /> 4 <br />