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Lexington Housing Partnership Board
Meeting Minutes for November 13, 2018
Attendees: Harriet Cohen (by phone),Jeri Foutter, Paul Linton, Rich McDonough, Bob Pressman,
Melanie Thompson, Melinda Walker, Betsey Weiss
Absent: Nancy Corcoran-Ronchetti, Mary Haskell,Wendy Manz
The Lexington Housing Partnership Board (HPB) meeting was chaired by Ms. Foutter and minutes were
taken by Ms. Cohen.The meeting was called to order at 6:03 pm.
1. Article 10: 55 &56 Watertown Street National Development—Waterstone& Bridges
(Belmont Country Club)
The HPB members quickly came to consensus in support of Special Town Meeting (November 2018)
Article 10.The primary factor in HPB's support is the affordable units,with special note of National
Development's increase in affordable units from 18 to 21 units based on feedback from Town
Meeting members. HPB also noted the excellent reputation of National Development (including its
support of Habitat for Humanity) and for its responsiveness to concerns of the Planning Board,
abutters, and Town Meeting members.
HPB agreed that, as the chair of the HPB, Ms. Foutter would represent the HPB at this evening's
Special Town Meeting.
Ms. Walker moved that the HPB approve a statement from Ms. Foutter to Town Meeting in support
of Article 10. Mr. Linton seconded the motion.The motion was approved unanimously in an
individual voice vote.The draft statement discussed at the meeting is as follows:
1. National Development has proposed 21 affordable units, an increase from 18, and above
the 10%minimum.
2. Monthly fee model may be a more affordable option (for some seniors)versus the buy-in
model, which requires a significant upfront investment.
3. National Development has been recognized for its high quality development projects and
corporate philanthropic values.
■ The United Way of Massachusetts recognized National Development with their Real
Estate and Building Industry Leadership Award, as an extraordinary industry leader who
has greatly contributed to the community, both professionally and philanthropically.
■ The Managing Director of Charles River Realty/National Development was the 2018
Honoree at the Habitat for Humanity Gala for his time& expertise and his tireless
advocacy on behalf of local families and Veterans who need affordable housing.
The Housing Partnership Board voted unanimously in favor of Article 10 (55 & 56 Watertown Street)
as proposed by National Development.
2. Meeting Adjournment
Ms. Walker moved that the meeting be adjourned. Ms.Thompson seconded the motion.The
motion was approved unanimously.The meeting adjourned at 6:57 pm