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HomeMy WebLinkAbout2003-08-27-LEXHAB-MIN LEXHAB MINUTES OF MEETING 7:35 p.m. AUGUST 27, 2003 Present : Donald Wilson, David Eagle, Jerry Howell, Bill Hays and Marshall Derby I . The Minutes were approved as mailed. I I . Treasurer' s report : A. Marshall noted that the amount shown in the Charles Schwab Account probably includes $100, 000 also shown in the MMDT account . B. He and Dave Eagle purchased a 10-year Federal Home Loan Bond, 5 .2%, at a slight premium. The Bond is callable after a year. III . Joan' s salary. A. Marshall indicated that the anniversary is here for review of Joan' s salary. B. It was voted to increase Joan' s salary 3% effective one year from the effective date of her last increase. IV. Woodland Road. A. Don reported that there is some pruning that needs to be done. Dave will take a look. Dave also reported that an overhanging tree has already been removed. B. It was noted that there are fewer cars in the driveway and on the street which is all to the good. V. Waltham Street A. Kristen Omelia representing the Lessee (CMARC) appeared at the meeting to report on the difficulties that her agency now faces following reductions in state funding. She indicated that overall, CMARC' s funding has been reduced by about 14%. She reported that though services have been cut elsewhere, none have been cut at Waltham Street nor are any reductions proposed, the services at Waltham Street being deemed essential . B. Kristen was asked what CMARC would like us to do. She stated that it would be very helpful if the rent could be held at the existing level without any increase. C. It was voted to continue CMARC' s tenancy on a month to month basis (by letter of agreement) at the existing rent . VI . Smith Farm A. Marshall reported that the Planning Board has asked Lexhab to serve as intermediary in connection with any future sales. It is unlikely that this will be burdensome; it was agreed that we will serve in this capacity. B. The unit at Smith Farm designated for us contains a possible third bedroom which is the good news buti..t presently has in it no air conditioning and no disposal . Town Counsel is looking into the former and the developer is taking care of the disposal . VII . Rangeway A. The Planning Board has turned down the proposal by the owner of the lot at the bottom of the hill; no help on road improvements is therefore to be expected from this source. B. The Fire Department has checked and will make its recommendation. C. No one is sure what the Planning Board will require us to complete by way of road improvements to our lot . There was discussion about possible installation of a drain. VIII . Muzzey Unit 460 . Susan Hartery' s letter of July 14 requesting allowance of her heat pump replacement in June of 1994 was discussed. It was noted that the condition pre-dated the Town' s increase in the annual appreciation factor for Muzzey units which came in May of 1993 . It was further noted that Unit 460 was not a pre-sale unit so that the original owner is not entitled to an extra $5, 000 at resale. Susan Hartery is the original owner. It was voted to approve the request . It was further agreed that each such request (if any more surface) is to be handled on a case by case basis. IX. Edna Street . Dave described our efforts to help our neighbor by providing the fence that he had requested. Dave' s efforts were considerable. The situation did not unfold as expected. Dave thinks that nothing more will be asked. X. Next meeting September 10, 2003 . It was unanimously voted, each member present 's igni fying "yes" to shift to Executive Session to discuss tenant selection. Adjourned at 9 : 15 p.m. Respectfully submitted,