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<br />PLANNING BOARD MINUTES <br />MEETING OF FEBRUARY 15, 2006 <br /> <br />A regular meeting of the Lexington Planning Board held in Cary Hall was called to order at 7:30 p.m. by <br />Chairman Manz with members Hornig, Canale, Harden and planning staff Schilt, Tapper and Tap present. <br />Mr. Galaitsis was absent. <br /> <br />************************************* MINUTES ************************************** <br />Review of Minutes: The Board reviewed and corrected the minutes for the executive session of <br />November 16, 2005. On a motion duly made and seconded, it was voted to approve the minutes as <br />amended. <br /> <br />****************** PLANNING BOARD ORGANIZATION, SCHEDULE ******************* <br />Change Date of Public Hearings on Impervious Surface and Center Parking Zoning Amendments: <br />Because March 15 is the night of the Town Meeting members' information meeting on warrant articles, <br />the Board agreed to reschedule the March 15 hearings on two of its own proposed amendments to the <br />Zoning By-Law. to March 14, 2006. <br /> <br />On a motion duly made and seconded, it was voted to hold the public hearings on impervious surface and <br />center parking on Tuesday, March 14, 2006. <br /> <br />************************ ARTICLES FOR 2006 TOWN MEETING ************************ <br />PUBLIC HEARING <br />Article 4, Proposed Inclusionary Housing By-Law: Ms. Manz opened the public hearing on the Planning <br />Board's proposed Inclusionary Housing bylaw at 7:45 p.m. There were 40 people in the audience. <br /> <br />Mr. Harden made a PowerPoint presentation, about one-half hour in length, explaining the Planning <br />Board's reasons for proposing an inclusionary housing zoning by-law and how it would work. <br /> <br />Audience Comments and Questions <br /> <br />Mr. Alan Wrigley, 205 Grove Street, first indicating that he owns three acres of land in Lexington, spoke <br />against the measure, citing its complexity and its effect on a small subset of residents. He said that the <br />whole town should have an opportunity to vote on it, as it will on the Community Preservation Act (CPA) <br />in March. He suggested that CPA funds, if the act is adopted, could be used to provide affordable <br />housing. He added that AMI, an acronym that appears many times in the proposed motion, should be <br />defined early on in the document. <br /> <br />Ms. Manz replied that it is not necessarily known who and how many property owners would be affected <br />by the measure. Developers frequently buy and assemble smaller lots to create areas large enough to <br />develop. The bylaw is not aimed at property owners. The Town has reached the ten percent of affordable <br />housing prescribed by MGL Ch. 40B. But in order to stay at or above ten percent, the supply of affordable <br />housing must keep pace with new market rate units. The bylaw creates a mechanism for developments of <br />three units or more to provide affordable housing for a wide range of income levels, which is needed to <br />maintain the diversity in the Town. She added that the Zoning Bylaw already has provisions that limit <br />development options that reduce property values, such as requirements for maximum impervious surfaces <br />or minimum lot sizes in new subdivisions. Profits from property ownership is not a given, and when a <br />person purchases property there is no guarantee that it will increase in value. The proposed bylaw <br />amendment is not a taking of profits from a developer or landowner any more than any of the existing <br />regulations. <br /> <br />Mr. Chris Spilios, 110 Shade Street, who owns seven acres in Lexington and has lived here for 50 years, <br />said that he feels targeted, estimating that the measure could cost him $385,000 if the land is developed. <br /> <br />