Planning Board Minutes 1990-04-17

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PLANNING BOARD MINUTES MEETING OF APRIL 17, 1990 The meeting of the Lexington Planning Board held in the Selectmen's Meeting Room, Town Office Building, was called to order at 8 15 p.m. by the Chairman, Mrs. Wood, with members Domnitz, Klauminzer, Uhrig, Williams, Planning Director Bowyer and Assistant Planner Nordby present. ****************** PLANNING BOARD ORGANIZATION ************************* 96. Resignation of Judith Uhrig: The Board noted Mrs. Uhrig's resignation from the Planning Board. Mr. Bowyer reported the State statute requires that on the resignation of a Planning Board member, the remaining members of the Board are required, within one month of the vacancy, to give written notice to the Board of Selectmen who shall, after one week's notice, with the remaining members of the Planning Board, jointly fill such vacancy by roll call vote. Mrs. Wood added that the Selectmen will place a legal notice in the Minuteman inviting any persons interested in serving on the Planning Board to notify the Planning Board and the Board of Selectmen, in writing, of such interest, and that a joint meeting with the Selectmen has been tentatively scheduled for May 21, 1990, to fill the vacant position. On the motion of Mrs. Klauminzer, seconded by Mr. Williams, it was voted 4-0 to accept, with great reluctance and regret, the resignation of Mrs. Uhrig, as of the end of the 1990 Town Meeting. ******************* ARTICLES FOR 1990 TOWN MEETING ************************ 97 Article 55. Presentation of Develonment Pronosal by Community Develoners Joshua Posner, representing Community Developers, presented the plans developed by them in response to the request for proposals from the Meagherville Site Development Committee. On April 29, 1990, they were selected by the Committee as its preferred developer, and will make a presen- tation to the Selectmen later in April. He presented the plan, showing forty affordable units, clustered to preserve as much open space as possible. He said there are a variety of two and three bedroom units arranged along an extension of Garfield Street through to Cedar Street. He noted their financ- ing plan did not rely to any great degree on the State affordable housing program. They expect to use tax exempt financing through the TELLER Program, which is not in short supply; to use rent subsidy certificates; and to raise capital through the federal income tax credit program. Some financing also will be raised through the sale of up to 11 house lots, with the number sold depending on what price can be gotten for each lot, and the amount to be contributed by LexHAB. He gave a brief description of the Community Builder's work on the Franklin School and said they are pleased to be working with the Town again. Questions and concerns from the Board focussed on the proposal to partially finance the development by selling lots. Mr. Posner said that if the Town were to provide additional funding, perhaps from LexHAB, the number of lots that would have to be sold could be lowered from the maximum of 11 lots to a