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k <br /> 1�, Fudala continues: The other aspect of this is that part of the dealings with the <br /> Selectmen regarding Forward Development, essentially committed to the length <br /> of the article rezoning. I don't know whether that will change the <br /> R-5 or to kill that or the other will affect that substantially give us the <br /> number of units on that 40 acre property out of the 52. There is not much <br /> you can tell by it. Forward Development is 14 units on that project of what <br /> is in in the area of 570. one way or the other the effect of decreasing it <br /> and also the effect on Forwards sets back 14 units I'm at <br /> a loss as to what to do in ter s of this boundary change to R-5. <br /> I don't think it's relative to scale of the property. <br /> yrs. Thomas: I have talked to the Forward Development people in regards to this zoning <br /> change as to haw it effects the 14 units--you have to remember, we have <br /> been in negotiations with the Forward Development Company for many months. <br /> One of the shall I say arguments we made with them was-we would bring <br /> before you this zoning change as it is presented to you-not as R-5 We feel <br /> that if we go to R-5 we are not honoring our consnitrrent to the Forward <br /> Development Corp. <br /> lnily Hayes: My husband owns 2 acres in that little area and it is I right now. I would <br /> like to have it excluded from being rezoned. My husband passed away a few <br /> months ago, we have a big mortgage on that piece of property. If you turn <br /> that into a residential lot we will lose a lot of money and I don't know haw <br /> I will really be able to pay the loan that I have on it and under A N R naw <br /> and there is not quite 2 years to do do anything with it. It takes a long <br /> time to get things rezoned. I would like it left I. <br /> berator: We will note your comments but I think this particular article is beyond <br /> the scope of that right now, unless this is voted dawn. <br /> lernon Thomas: Is she a Registered Voter? Are you a Registered Voter? <br /> 'lnily Hayes: No. <br /> 'b3erator: I did not know whether she was or not. <br /> Irs. Ferragamo: Just considering the size of the project to be developed you know its 600 <br /> units and when I was at the meeting of Forward and the Planning Board last wee <br /> that they were willing to deal in good faith. I don't think going up 14 units <br /> it going to be too much when you are considering 600 so I would support the R-5. <br /> �• Lawrence: We entered into an agreement with Forward Development because we felt that _t <br /> was a good deal for the Town and a good deal for them--a deal that was good for <br /> both sides. We have the opportunity here not only to take 270 odd acres of lard <br /> but also to get towards our development of a well on that property $600,000 fr_m <br /> Forward Development. The agreement we entered into with Forward Development <br /> simply tried to get this agreement moving forward to the point where the <br /> Planning Board or any other Board had the chance to look at it. one of the <br /> things we agreed to was to support a Zoning change in order to make OSID work. <br /> The Board of Selectmen unanimously supported the zoning change to R-3 Zoning. <br /> I think it would be in bad faith before we even go into discussion as to whether <br /> & the project will fly. There will be time to discuss this later--you may not <br /> +-},P nrem,ea we were <br />