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Minutes of the Community Preservation Committee Executive Session
Monday, October 24, 2011
Ellen Stone Room, Cary Memorial Building
1605 Massachusetts Avenue
5:00 pm
Present:
Board Members:
Wendy Manz,Chair; Marilyn Fenollosa, Vice-Chair; Joel Adler,
Norman Cohen, Jeanne Krieger, Sandy Shaw, Betsey Weiss and Dick Wolk.
Administrative Assistant
: Nathalie Rice
David Kanter, member of the Capital Expenditures Committee (CEC), was invited to stay
for the Executive Session.
At 5:00 pm, upon a motion duly made and seconded, it was voted by a roll call to enter into
Executive Session under Exemption 6 to consider the purchase, exchange, lease or value of
real property and to reconvene in Open Session; the Chair declaring that an Open Meeting
might have a detrimental effect on the negotiating position of the Town.
1.Parcel 24-40, Valleyfield Street –
Karen Mullins, Director of Community
Development/Conservation Administrator, met with the CPC to discuss the
possible acquisition of a parcel of land off Valleyfield Street. The parcel,
which is 36,887 square feet and primarily wet, is surrounded by existing
conservation land at the end of a paper street. Ms. Manz questioned the length
of Valleyfield Street, suggesting that the Town’s 600’ minimum cul-de-sac
length requirement might preclude development of the lot.
Ms. Mullins said the Conservation Commission had initiated negotiations
with the owners and that she was requesting CPA funds for an appraisal of the
property. The parcel is presently appraised at $83,000, but the owners have
entertained the possibility of selling the lot for $50,000+-.
The Committee discussed the request by Ms. Mullins, questioning whether a
full appraisal would be needed. It was agreed that the CPC requirement of two
appraisals could be waived. Members suggested that an opinion of value
might suffice.
The CPC requested Ms. Mullins to review the cul-de-sac length with the
Planning Department to better assess the lot’s development potential. Ms.
th
Mullins will return to the CPC’s November 7 meeting.
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The CPC voted by roll call vote to close the Executive Session and return to Open
Session for the purposes of adjourning the meeting.
The Open Session meeting was adjourned at 5:30 pm.
Two documents were presented at the Executive Session;
(1)A memo from Ms. Mullins to Ms. Manz, dated September 29, 2011, titled, “Due
Diligence Funds through Community Preservation Committee”.
(2)A map entitled, “Town of Lexington” dated 10/3/11, showing Property ID 24-40,
Valleyfield St.”
Respectfully submitted,
Nathalie Rice
Administrative Assistant
Community Preservation Committee
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