Busa Land Use Proposal Committee Report 03-14-2011

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7. Impact to environmental resource areas and enhancements It is doubtful the housing project would impact substantially the environmental resources, if properly constructed. However, combined with the other elements of the proposal, the level of activity and development would have a significant impact 8. Impact to public utilities and infrastructure and enhancements Probably no major impact with the exception of parking required. Sewer and water connections will be needed and depending on the placement of the housing, this could require an extension of the sewer line along Lowell Street from the Lowell Street /Westminster Avenue intersection. Electric, cable and other connections (gas) would also be required. 9. Security requirements No special requirements are needed. 10. Maintenance requirements The housing maintenance would be taken care of by the people responsible for the housing, but in some models, that might be an owner /lessee or it might be a Town - related group like the Lexington Housing Partnership. 11. Financial impact to the Town (cost and benefit) It is estimated the LHP proposal would require the Town to spend a minimum of $38,000 /unit, but that figure is dependent upon the sources of the funding for the project. Development costs are estimated to be $300,000 per unit (12 units), but may not reflect what the Town will need to spend, if other sources of funding are identified and procured. After construction costs, the housing would be cost - neutral. Given the potential for an increase in school age children, there are likely to be some costs to the school system. 12. Consistency with Town Master Plan and Core Values The LHP housing model is somewhat different in that 12 units (or possibly up to 14) will be clustered together on a rather small footprint. Increasing or at least maintaining diversity in the Town is and has been for at least the past thirty years an important Town goal and Lexington has supported moderate - income affordable housing. The LHP proposal supports these values and strategy. 13. Sustainability The housing would be as self - sustainable as any other apartment or condominium development in Lexington. The LHP proposal states that a green or low- impact development approach will be taken to construction and operation of the housing, Busa Land Use Proposal Committee Report Page 31 / 52