HomeMy WebLinkAbout2009.05.06 BOS-ES-min- Released
ES6-390
EXECUTIVE SESSION
May 6, 2009
PRESENT: Chairman Cohen, Mrs. Krieger, Mr. Kelley, Mr. Manz and Mr. Burnell; Mr.
Valente, Town Manager, Ms. Yanofsky, Economic Development Officer; and Ms. Chabot,
Assistant to the Executive Clerk.
Upon motion duly made and seconded, it was voted 5-0 by roll call to consider the value of real
estate where an open session could have a detrimental effect on the Town’s position in
negotiations and return to open session.
Patriot Partners Proposed Traffic Mitigation
Mr. Valente presented the proposed traffic mitigation agreement between the Town and Patriot
Partners. This agreement provides mitigation of approximately $1.4 million to the Town. This
is based on a payment of $1,900 per proposed parking space, and is comparable to the agreement
with the Beal Companies.
Upon motion duly made and seconded, it was voted to return to open session at 6:50 p.m.
A true record; Attest:
Diana B. Chabot
Assistant to the Executive Clerk