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HomeMy WebLinkAbout2012-11-19-PB-min PLANNING BOARD MINUTES MEETING OF NOVEMBER 19, 2012 A regular meeting of the Lexington Planning Board, held in the Planning Office, Town Office Building was called to order at 6:03 p.m. by Chairman Richard Canale with members Greg Zurlo, Wendy Manz and planning staff Aaron Henry and Lori Kaufman present. Michelle Ciccolo and Charles Hornig were absent. ********************************TOWN MEETING******************************* Article 8, Ledgemont II TIF Proposal: The Board discussed if it would be advantageous to the Town to offer a TIF to Vista Print at the Ledgemont site to encourage the business to remain in Lexington. The Board of Selectmen, EDAC, Appropriations Committee, and Economic Development Officer support the TIF. The Planning Board discussed that Hobbs Brook would build with or without the TIF being granted. There appeared to be no financial or other compelling justifications to approve the TIF. On a motion duly made and seconded, it was voted, 2-1, (Mr. Canale opposed) to support Article 8 to Town Meeting. The motion failed, however, for lack of a majority vote of the entire Board. On a motion duly made and seconded it was voted to adjourn at 7:08 p.m. The meeting was recorded by Lexmedia. The following documents used at the meeting can be found on file with the Planning Department:  Letter from Planning Board member Charles Hornig.  Letter from Richard Canale Planning Board Chair.  Town of Lexington Tax Increment Financing Plan.  Application for designation of Economic Opportunity Areas.  Draft TIF Agreement. Wendy Manz, Acting Clerk