1/17/2007 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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4 Community Preservation Committee Minutes January 1 , 2007 APPOINTMENTS AND HEARINGS: Gerald Um a.—Al on uin Investment Trust: (continued) . certified appraisal is deemed a requirement of the CPC Conunitee to assist with criteria to review and male judgment on the open space properties. It was disclosed Laura Herbst, a Payamps Road resident expressed interest in the Umina project proposal. Emma Jo Mills -Hills P mily Lands:_$727,000 Emma Jo Mills, hills Family Lands was in attendance with Paula Goldberg, Land Protection Specialist, The Compact of Cape Cod Conservation Trusts to discuss the real estate appraisal pertaining to the 15.23 acre property located east of Santuit Pond. A revised attachment presented to the Committee detailed the property intended for purchase without the land exchange as initially proposed. Correspondence was received from the Town of Barnstable Community Preservation Committee dated December 2 , 2006 in support of the acquisition of the Mills property. The appraisal slated January 2, 2007 prepared by the Cape Cod& Islands Appraisal Croup concludes the market value of the subject real estate consisting of contiguous and non-contiguous land in a sale to one buyer rer is $835,000. Discussion followed regarding access to the hills land intended for conservation and open space purposes. It was agreed that Town Counsel would be consulted regarding the potential land acquisition as it relates to liability issues regarding access to the road and existing on-site utilities that are situated on private land abutting the subject open space parcel. It was agreed a written opinion would behtaixd from Town Counsel for the next scheduled meeting to assist with the Committee's deliberations.