HomeMy WebLinkAbout2008-07-30-LEXHAB-MINLEXINGTONHOUSINGASSISTANCE B0.9RD,INC.
4 NI~LTA DRIVE, ~111TE 3
LEXINGTON, MASSACHUSETTS 02421
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Minutes for July 30, 2QQ8
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Present:William Hays, David Ea le Martha Wood Danald Wilson Will.~n` ~r ~~k
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Kennedy, Gerald Howell, Norman Cohen and Laura Derby
The day and June minutes were approved.
The Treasurer's report was approved.
Laura Derby was elected an Honorary Member of LexHAB and ice cream and
cake were served in celebration.
Bill reported that we bought unit l0~ at Parker Manor.
LexHAB will pay to have some lead paint removed from outside o;~r unit.
The CPA money for Parker Manor is being processed thru the Town.
Lester reported that Lexington Gardens is under agreement. They plan
to build ten single family houses.
There is nothing new to report on the Busy farm land,
Laura Derby found the information on ~A, and Bill reported they had
agreed to original terms.
Norman reported that he was visited by Trustees from Muzzey Condo, with
the report from the architect about the work needed far Muzzey and about
a request to add the assessment on to selling price, Bill suggested
we not be involved and the Board agreed. Bill Kennedy suggested that they
keep the 5% and cover improvements. Bill asked Lester and Dan to report
in September on the market value of a Muzzey unit as compared to other
un1tS In T4Wn,
Bill K,, Martha, and Bob Bicknell interviewed three people for Town
survey and have signed an agreement with Karen Sonneburg. We expect an
report in rnid-September on other Tawn's experience,
Nove~ber 1 is deadline for CPA funds. Bob Bicknell has suggested we build
a reserve to buy Kathdin ~~oods and future purchases. Bill H, and Martha
will work on it.
The next meeting will be held on Wednesday, September 10.
The Board agreed to go into executive session and da not intend to go
back into regular session, it was unanimously voted by roll call.
Respectfully submitted,
Joan M, Wall