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1 PLANNING BOARD MEETING May 9, 1960 A regular meeting of the Lexington Planning Board was held in its office, Town Office Buildings on Monday, May 9'; 1960 at 7:30 p.m. Present were Chairman Burnell, Members Grindle and Soules Plan- ning Director Snows and the secretary, Mrs. Baker. From 7:30 to 7:50 p.m. Mr. Stevens met with the Board. He first discussed matters relating to the Glen Estates subdivision plan which on March 29s 1960 had been approved by the Planning Board subject to the provisions of a covenant executed by the sub- dividers Avadanian. Mr. Stevens stated that the Way - mint Realty Trust, having purchased all the land within said subdivision and desiring to develop cer- tain portions of it, had requested him to prepare an instrument wherein the Planning Board would release certain lots on said subdivision plan from the afore- said covenant and would accept in substitution there- for an agreement and a surety company bond securing the same provided said Trust would install and con- struct the ways and services to serve said lots in- cluding the construction of a drain shown on the plan. Further stating that he had conferred with the Plan- ning Director and the Superintendent of Public Works in regard to the matter, Mr. Stevens presented for the Board's consideration an agreement and a bonds both executed on May 91 1960s and a third instrument he had drafted entitled "Partial Release of Covenant." GLEN ESTATES AVADANTAN WAYMINT REALTY TRUST All matters appearing to be in orders upon motion duly made and seconded, it was unanimously VOTED: in consideration of the agreement and its accompanying bond, both dated May 9, 1960 and executed by Trustees of Waymint Realty Trust, the Lexington Planning Board hereby releases lots numbered 1, 2, 6, 7s $s 9s 14 and 15s and 21 through 29 inclusive, as shown on the sub- division plan entitled "Glen Estates Lexington, Mass."', dated November 4, 1959s from the pro- visions of a covenant dated March 21, 1960. After the Board had signed the release and an acknowl- edgement was taken by the Town Counsels the original of the partial release was kept by Mr. Stevens for recording in the Registry of Deeds. Discussed next with Mr. Stevens was Mr. Paul J. McCormack's letter of April 27, 1960 to the Plan- ning Board with reference to the possible acquisition