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to address details and review areas of concern raised by the <br /> initial Committee. Some of the potential impacts which would not <br /> receive full attention of the regulatory bodies were of <br /> particular concern (Financial Impacts) . The major areas of study <br /> for the current Committee are Aesthetic, Traffic, water Quality, <br /> and Financial Issues. <br /> Selectman Marsters stated the Committee has reviewed said <br /> issues with the assistance of a professional consultant. He <br /> further stated enough information has been generated to present <br /> the proposal this evening. <br /> Selectman Marsters addressed the issue of overall density of <br /> the proposed project. The Conmittee has requested that mashpee <br /> Coons move forward with only a fraction of the initial density <br /> proposed, to which they have agreed. <br /> Another key issue has been that of the transfer of <br /> Development Rights through this project which will Create dual <br /> benefits for the Town. This will enable the Town to gain high <br /> priority parcels for Conservation land in or adjacent to the <br /> Wildlife Refuge boundaries. Also, the transfer would not <br /> increase the overall density of the buildout of the Town under <br /> current zoning. The results are a series of Articles which are <br /> to be presented by the flown Planner, F. Thomas Fudala; as well as <br /> a report from Mashpee Col eons Ltd. Partnership. <br /> Selectman Marsters reported It to be the consensus of the <br /> Committee that through proper mitigation, the 1ashpee Conns <br /> proposal would be more attractive than a Commercial Center. <br /> Selectman 1larsters concluded by thanking/acknowledging the <br /> current 1 ashpee Commons Advisory Committee, which has been <br /> meeting for the past fourteen months approximately, at an average <br /> of two meetings per Both. <br /> The Moderator recognized the Town Planner, who made <br /> reference to hand-out materials describing the Articles being <br /> proposed for the Town Meeting in October, as well as a <br /> description of the open Space Incentive Development oI Bylaw. <br /> Mr. Fudala explained that the OSID Bylaw had been adopted by <br /> the Town in 1986, replacing a Bylaw under which most of the <br /> condominium projects in Town had been developed, which allowed <br /> four units per acre, thirty o percent open space <br /> requirement which allowed for certain building on the open space. <br /> Mr. Fudala stated the OSID Bylaw had been written for <br /> project such as that of Mashpee Comm eons. Higher density is <br /> allowed within certain areas of Town by transferring development <br /> that would have occurred in other parts of the Town into the <br /> designated area only. <br /> - - <br />