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MASHPEE ZONING BOARD OF APPEALS <br />MEETING MINUTES <br />JULY 12, 2017 <br />Associate Member Brad Pittsley said for the record that the permit was. written with the <br />restriction in perpetuity and believes it should still stand. <br />Board Member Scott Goldstein said he agreed with both Jim and Brad. He said it's a tough <br />situation but it seems there has to be a happy medium price it can be sold at to be kept as a <br />moderate income unit; if there is a price out there that would be a little better. <br />Mr. Blaisdell said he had no additional comments. <br />Chairman Furbush said in his closing arguments that he does not want to discuss what he <br />communicated with the Town Attorney, and that it is confidential. He said while there is <br />probably some level of hardship affecting Katherine McBrien that could be a compelling <br />factor in favor of granting the waiver, she knew well the deed restriction terms at the time <br />of her purchase and the waiver of a deed restriction is somewhat an extraordinary action <br />with respect to a 40B unit, which could encourage other similarly situated owners to seek <br />the same relief. <br />Mr. Furbush said he has seen no evidence that the McBrien's have been willing to lower <br />the asking price of their unit down to, or below, the maximum resale price of $330,605. As <br />was discussed two weeks ago, Gael Kelleher, Director of Real Estate for the Housing <br />Assistance Corporation has this view on the situation as follows and I quote. "It was made <br />clear to the owners that the maximum resale price is in no way a guarantee, but rather a <br />price ceiling. We recommended to the owner that the asking price be lowered to reflect the <br />value of purchasing the property with a resale restriction. We informed the owner that the <br />buyer would want to have a substantial discount from the market value in order to purchase <br />a home that has resale restrictions; buyers would expect an unrestricted home if they were <br />paying market price. In the past, we have been successful in selling "moderate" restricted <br />homes when the resale price calculation number was high or close to market value because <br />the sellers chose to take a small profit and priced their home well below market and well <br />below the Maximum resale price. This is more in keeping with the way the program was <br />designed." <br />Mr. Furbush continued to say that as a Board, one thing we should always strive is to be <br />consistent. Even though all cases stand on their own merit, I feel lifting the deed restriction <br />on this 40B unit would set a precedent and would be detrimental to the Town's need for <br />affordable/moderate housing units and it could encourage other similarly situated owners <br />to seek the same relief. <br />Vice Chairman Bill Blaisdell announced that he would motion the modification in the <br />positive statement and then address the Board to vote to either approve or not approve.. Mr. <br />Blaisdell made a motion to approve the application request as heard. Mr. Pittsley, seconded <br />the motion. Chairman Furbush so moved. Mr. Gould voted against, Mr. Pittsley, voted <br />against, Mr. Goldstein voted against, Mr. Blaisdell, voted against, Mr. Furbush voted <br />against. The Board unanimously voted against the modification request of the 40B deed <br />restriction. <br />4 <br />