HomeMy WebLinkAbout2008-04-28-CPC-min.exe
COMMUNITY PRESERVATION COMMITTEE
Executive Session
Board of Selectmen Meeting Room
Monday, April 28, 2008
4:00 p.m.
Present
: CPC Chair, Betsey Weiss, Joel Adler, Norman Cohen, Marilyn Fenollosa, Wendy
Manz, Leo McSweeney, Richard Pagett, Judy Pearson, Sandy Shaw and Dick Wolk.
Also Present
: John Bartenstein from the Appropriation Committee; David Kanter, Charles
Lamb and Shirley Stolz from the Capital Expenditures Committee; Town Manager, Carl
Valente; Assistant Town Manager For Finance, Rob Addelson; Director of Planning, Maryann
McCall-Taylor and Conservation Administrator, Karen Mullins.
At 4:05 p.m. a motion was made and supported unanimously by roll call vote for the Community
Preservation Committee to go into Executive Session with intent to return to open session. The
purpose of the Executive Session was to discuss financing options and recommendations related
to land acquisition articles in the 2008 Town Meeting Warrant.
Dick Wolk of both the CPC and Conservation Commission spoke of the Cataldo property and
more specifically, the difference between the property identified in the appraisal verses the
property the Conservation Commission desires to purchase. (The appraisal report appraises five
developable lots but the purchase was expanded to six developable lots.)
Discussion about the appraisal followed and questions concerning the Town’s assessment of the
property were raised. It was decided that the narrative appraisal, as originally written, did not
accurately cover the six lots and therefore, a revision was needed. It was agreed that Dick Wolk
and/or Karen Mullins on behalf of the Conservation Commission would contact the appraiser
and ask (1) that the sixth lot be added in, and (2) that page 61 (Pro Forma Net Cash Flow) be
revised to reflect a 6-Lot Subdivision Plan.
The conversation shifted to the Goodwin land parcels. It was noted that the appraised value is
lower than the offered purchase price. Discussion followed and it was noted that Town Counsel
has said that the Town cannot spend above the appraised value. Concern was expressed and it
th
was agreed that the Public Hearing scheduled for the following night, April 29, might need to
be cancelled. A conversation with the appraiser is needed first.
Following this discussion, a motion was made and supported unanimously by roll call vote to go
out of Executive Session and return to open session at 5:32 p.m.
Respectfully Submitted,
Judy Pearson
Administrative Assistant to the CPC
J. Pearson CPC Meeting 04.28.08 Executive Session Minutes