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Cod Commission, and Developer as part of the permit process. <br /> There was also discussion regarding disbursement/management of <br /> said $40, 000 . 00, as well as a payment schedule an initial <br /> deposit of $20, 000 - 00 was agreed to by all parties . In the <br /> event there is to be a. remaining balance at the time of <br /> completion of the project, the Town would have the authority to <br /> return it to the Developer. <br /> The suggestion was made to focus on the concept and broad <br /> range thereof of a zoning Article for presentation at Town <br /> meeting. The Town Planner questioned the legality of the <br /> involved parties to enter into said Development Agreement . The <br /> necessity for long range planning (flexibility) was recognized <br /> and agreed upon. All parties agreed that the establishment of <br /> some sort of informal agreement would be the basis for a <br /> Development Agreement. <br /> Discussion ensued between Robert Brais and the Conunittee <br /> with reference to the creation of a project development baseline <br /> with high and low levels of development in order to allow <br /> eval.ulation not only of an optimum project profile from an <br /> impacts perspective, but a "downside,, project profile as well . <br /> There was discussion concerning the fiscal impact scope, <br /> demographics being an important factor. Percentages per each <br /> unit type are to be broken down as follows: Full Family, Post <br /> Family, New Family, Retiree, and Seasonal . The vast majority of <br /> the project is Commercial, with the whitings Road area designated <br /> as Residential (25-Units) . A profile distinguishing the market <br /> area and those with a propensity to build within Mashpee Commons <br /> is needed, as well as a market analysis. The Town Planner <br /> suggested phasing requirements be required. <br /> There was some discussion regarding residential/retail <br /> components of the project . The suggestion was made to consider <br /> family/housing assessments within the analysis. <br /> The first drafts of the Zimmerman study residential are <br /> anticipated within one wee} -ten days. The Town Planner requested <br /> a commercial Market study, for the purpose of indicating fiscal <br /> impacts upon the Town be required as well . <br /> There was some discussion regarding Water/waste water <br /> requirements, fees, etc. Private Sewer District/Town sewer <br /> District, DFP, and state legislature were discussed. Mashpee <br /> Commons representatives proposed building to capacity, making the <br /> completed operating system a gift to the Town, which would enable <br /> the Town to recoup all operating costs plus capital reserve <br /> There was some discussion regarding the availability of <br /> state/Revolving/Federal funds. Mashpee Connons Ltd. Partnership <br /> indicated they were not interested in the alternative of tying <br /> into another development ' s sewer treatment plant; their <br /> responsibility/concern is to deal with waste water on thein <br /> -2- <br />