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8 <br /> Cotni nunity Preservation Cottee <br /> Minutes-Executive Session <br /> February 13,2014 <br /> Lewi <br /> ,2 <br /> .ems Pro Coll.ns 1&ne' 3.7 Acres: <br /> Upon review of the appraisal received from Shepherd Associates for the Lewis <br /> Property located at 32 Collins Lane,the as-is-valued opion of the current market <br /> value is $140,000. The asking price from the seller is$160,000. <br /> With regards to the PAL Archeological Study previous conducted by the Town <br /> with the use of CPA funding, it was con med the Lewisproperty is located in <br /> highly sensitive area and should be protected from development. Sensitivity o <br /> this nature is noted to be highest along the streams and other bodies of water. <br /> The Committee conducted due diligence with respect to this regard. It was agreed <br /> that Nft.. 'Ham wow mpfiate,on.bebalf of the Community Preservation <br /> Committee. <br /> Motion made by Ms.w y an to vote to purchase 32 Coins Lane,3.7 Acres <br /> referred to as the Lewis Property for open space; negotiating the range o <br /> the purchase price for a mlum of$ 40,000 and a mammum of$160,000. <br /> Motion seconded by lis, Ron► ►eyer. <br /> `OTE: 5-4. Motion carries. <br /> Roll Call vote: <br /> Mr.Halpern,no Mr.OIH ra n <br /> FIs.Rommelmeyer,yes Mr,.Lam,no <br /> Mr, mord,yes Mr. Kaplan,no <br /> Mr. Shaw$yes Mrs,Buschenfeldt,yes <br /> Ms.Waygan,yes opposed, 4 <br /> Motion made by Mr. O'Hara-to enter into aMotiations for the purpose of <br /> ma g a recommendation to the May 2014 Special Town Meeting for the <br /> purchase of the Lewis Property; first offer: $140,000. <br /> Motion seconded by Mr. Larkin. <br /> VOTE: Unanimous. -o. <br /> Ron Can vote: <br /> Mr.Halpern,yes Mr.O'Hara,yes <br /> Ms.Romeleyer,yes Mr. Larkin,yes <br /> Mr. Lord,yes Mr.Kapp,yes <br /> Mr. Shaw,,-yes Mrs. uschenfeldt,yes <br /> Ms.Waypia,yes opposed,none <br />