2010-04-12-PB-min - Laserfiche WebLink

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PLANNING BOARD MINUTES MEETING OF APRIL 12, 2010 A regular meeting of the Lexington Planning Board was held in the Planning Office, Room G-1, Town Office Building, and called to order at 6:15 p.m. by Vice Chair Richard Canale with members Charles Hornig and Wendy Manz and planning staff Aaron Henry present. Gregory Zurlo and Anthony Galaitsis were absent. *******************************TOWN MEETING******************************* Article 9, Cotton Farm: Ms. Manz provided the members with an update of the Community Preservation Committee’s discussion of Article 9, the acquisition of land known as Cotton Farm. The CPC’s meeting was held at 3 p.m. earlier in the day. While no vote was taken by the Committee, there was a clear sense that the asking price of $3.8 million seemed too high. The second appraisal was said to value the property at $3.7 Million. If the owners would be willing to make a reduced offer the Committee might probably favor its purchase. Mr. Hornig had the opportunity to discuss the matter with Alan Levine and better understands the value of the acquisition, although the price is higher than what he believes market value to be. The special circumstances around this property, including its connectivity to the Upper Vine Brook area and the orchard that lends itself to the vista of Marrett Road may justify a higher price. As the CPC had yet to take a formal position however, the Board decided to move on from this item pending further information. Article 12, Capital Projects: Having studied the proposed warrant article in advance, the Board limited discussion on the Capital Projects Article and simply voted recommendations as follows: 12b) Massachusetts Ave Improvements, 3 – 0 12c) Comprehensive Watershed Study, 3 – 0 12g) Sidewalk Improvements & Easements, 3 – 0 12h) Drainage System Improvements, 3 – 0 12j) Butterfield Dam Repair, 3 – 0