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<br /> <br />Ms. Hai asked for clarification as to the disposition of funds that are returned to the RHSO <br />consortium funds. Ms. Pontes said she would follow up on that question. Ms. Pontes will also <br />follow up on several other questions and reissue the memo requesting approval of the RHSO <br />funds, including the questions that were raised at the meeting. <br />Ms. Weiss moved recommendation of the RHSO proposed use of HOME funds to the Select <br />Board. Ms. Cohen seconded the motion. <br />In favor: Harriet Cohen, Jeri Foutter, Paul Linton, Wendy Manz, Bob Pressman, Melanie <br />Thompson, Betsey Weiss <br />Against: none <br />Abstaining: Charles Hornig, John Zhao <br /> <br />5. Real Estate Transfer Fee (RETF) Working Group <br />Ms. Cohen provided an overview of the RETF and a summary of Lexington’s home rule petitions <br />regarding real estate surcharges. Mr. Linton presented a spreadsheet analysis to provide insight <br />as to the revenue that might be raised from the RETF. <br />The HPB asked questions of clarifications about the RETF and as to the impact of the RETF on <br />rental fees and commercial properties. The impact will depend on whether and how the RETF is <br />implemented. It is possible to have a different RETF for different types of properties. The HPB <br />also pointed out that the bill could change in small or large ways before it is passed (if it is), so it <br />is premature to recommend specifics of implementation. The HPB also noted that the Town is <br />not required to implement the RETF. <br />The HPB asked for clarification as to what information or recommendation is being requested by <br />the Select Board. Ms. Foutter will follow up with Mr. Pato for clarification. <br />6. Vote on Highlights of HPB Accomplishments, 2003 to present <br />Ms. Kowalski asked what the HPB has accomplished from its creation to present. Ms. Weiss has <br />prepared and circulated a list. Please send any updates to Ms. Weiss by end of day Friday, July <br />28. <br />Ms. Weiss will follow up with Mr. Pressman regarding his additions to the list. <br />7. Board Member/Liaison Updates <br />CPC: CPC met July 13. The CPC voted to hold an executive session on potential acquisition of real <br />property. The CPC exited executive session and reconvened. <br />The first item on the Select Board July 24 agenda was “Exemption 6: Potential Land Acquisition”, <br />with the discussion held in executive session. The agenda tracker indicates that the Town has <br />been approached by a resident seeking the Town’s interest in purchasing a portion of their <br />property. <br />Planning Board: The Planning Board is working on site plan review and other regulations for the <br />new special residential developments and village overlay districts. The zoning changes need <br />Attorney General approval, which is expected soon.