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2015-01-21-CPC-min
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2015-01-21-CPC-min
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Minutes - CPC - Community Preservation Committee
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<br /> 01/21/15CPC Minutes <br />Community Preservation Committee Meeting <br />Wednesday, January 21, 2015 <br />Parker Room, Town Office Building <br />1625 Massachusetts Avenue <br />3:00 p.m. <br />DRAFT <br />Committee Members Present: Marilyn Fenollosa, Chair; Dick Wolk, Vice Chair; Richard Canale; <br />Norm Cohen; David Horton; Jeanne Krieger; Leo McSweeney; Bob Pressman, Sandy Shaw <br />Committee Members Absent: None <br />Recording Secretary: Sara Arnold <br />Other attendees:Carl Valente, Town Manager;Rob Addelson, Assistant Town Manager for <br />Finance; John Livsey, Town Engineer; Karen Mullins, Conservation Administrator; Phil Hamilton, <br />Chair, Conservation Commission; David Kanter, Capital Expenditures Committee; Bob Burbidge, <br />LexHab <br />The meeting was called to order at 3:05 p.m. <br />1.New Projects for CPC Action: <br />Wright Farm Land Acquisition: <br /> Mr. Valente reported on a recently submitted FY2016 <br />Capital Project Request for purchasing land in northwest Lexington. The Town purchased one <br />portion of Wright Farm (Parcel 1) in 2012, using CPA funding, and at the time arranged for a first- <br />right-of-refusal agreement to purchase Parcel 2 for $500,000 plus Consumer Price Index (CPI) <br />increases, when it became available. The owner of the land passed away two weeks ago. The Town <br />has not received official notification that the land is available for purchase, but when it does, the <br />Town will have 180 days to exercise its option. Using CPA funds to purchase the land is appropriate <br />because it meets three of the four CPA criteria (open space, historic and housing). <br />The land includes a house, garage and barn. LexHAB is interested in rehabilitating the house and <br />garage for affordable housing. The Conservation Commission is interested in using the barn for <br />educational programs. The property is listed on Lexington’s Comprehensive Cultural Resources <br />Survey (the “Inventory”) and is therefore a historic resource. It was noted that LexHAB, the <br />Conservation Commission, and the Historical Commission had representatives at this meeting. There <br />are no other anticipated stakeholders. <br />The house was built in 1843 and has four bedrooms. LexHAB has more requests for three and four <br />bedroom housing units than are available. The house is in reasonable condition although some inside <br />and outside rehabilitation/restoration are necessary. Contractors would be better suited for doing this <br />work than Minuteman Tech students, who do best with new construction. Current ideas include <br />moving the garage and putting parking where the garage is now located. <br />When Parcel 1 was purchased, in 2012, appraisals indicated that Parcel 2 was worth $500,000 to <br />$570,000 without the CPI adjustment. Purchasing it for $520,000 would not be exceeding the value <br />of the house. Current cost estimates include the following: <br />1 <br /> <br />
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