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Minutes of the Community Preservation Committee Executive Session Wednesday, August 5, 2020 Remote Zoom Meeting Meeting ID: 928 8430 9988 2:00 PM Committee Members Present: Marilyn Fenollosa (Chair); Charles Hornig (Vice-Chair), David Horton,Jeanne Krieger, David Langseth, Joe Pato (left 3:01), Bob Pressman, Melinda Walker. Administrative Assistant: Gina Federico Absent: Lisah Rhodes Other Attendees: Wendy Manz, Capital Expenditures Committee liaison to the CPC; Phil Hamilton, Chair, Conservation Commission; Karen Mullins, Conservation Administrator; Lester Savage, LexHAB; Charles Wyman, Conservation Commission Land Acquisition Committee. Ms. Fenollosa called the public meeting to order at 2:05 PM, and at 2:10 PM, upon a motion duly made and seconded, it was voted by roll call (8-0) to go into Executive Session under Exemption 6 to consider the purchase, exchange, lease or value of real property and to reconvene in Open Session; the Chair declaring that an Open Meeting might have a detrimental effect on the negotiating position of the Town. Executive Session under Exemption 6- Mr. Hamilton updated the Committee on the progress made with the sellers of the Ashley property since his last update to the Committee in November 2019. Mr. Wyman discussed the connectivity map and the conceptual layout map. Mr. Wyman explained that parcel 1 is approximately 4.5 acres and the Conservation Commission is interested in this parcel. Parcel 2 is approximately 6/loth of an acre and contains a house and a barn circa 1877. The property is currently unoccupied and the current owners are two sisters who live in San Diego. The sisters are interested in selling the property in early spring 2021 which is why the request would need to be ready for Special Fall Town Meeting. The sister would like to sell the property to the Town to turn 4.5 acres into conservation land. In addition to a tax credit for selling to the Town, the remaining land would not be developed by a developer. Mr. Wyman explained the 2020 appraisal results. The Foster Company appraisal went up significantly and the Avery Associates appraisal went up slightly. The Foster Company explained that the reason why the appraisal jumped so significantly is because they had better 1