11/28/2011 ECONOMIC DEV AND INDUSTRIAL COMMITTEE Minutes

Home Browse Search

IC Minutes November 2 ,2011 OLDBUSINESS: Review of Matrix and Flan from Communitv Opportunities Grow Members of the FDIC Board reviewed the matrix applicable to the Torn of Mashpee regarding potential opportunities for developing a self-supporting ERIC. Upon review of the draft document, it was determined the following amendments would be incorporated to the matrix; Page 1: A. Meal Estate I1 rpt Under rt.uities& Chale to delete: Old Barnstable Road Insert: FDIC has potential to gain site control of -acre parcel on Commercial St. Under Possible Approaches; last bullet: AND, Hold a public hearing and obtain town meeting approval of the project per Ch. 376, Sec. 6. Request clarification—should pertain to 6.2—acre site as 2.6-acre site was conveyed to the custody, management and control of the ERIC in 2008. Page : F. grant Talon Grant Man ement Under What Would it Take: Obtaining Town's consent to delegate FDIC-as responsible entity for managing grants that flow through Town goven nent. It was the recommendation of the ERIC to revise the wording. The next joint meeting with the Falmouth FDIC and Community Opportunities Group i's Wednesday, December 14, 2011 in the Town of Falmouth at 3:00 p.m. at the Chamber of Commerce building. Discussion followed with respect to the present volunteer EDIC Board and the responsibility of members who may be assigned different tasks pertaining to.their articular'area.expertise. The challenge.thereof and the level of involvement were also considered. It was noted that Tom Mayo,the Assistant Town Manager would assist the FDIC when assigned by the Town Manager. As the discussion continued,the Board indicated there may be timeswhen the EDIC would be required to offer recommendations and direction when hiring professional and technical expertise. It was disclosed the current assessed value of the 2.6-acre panel is $354,500. The current assessed value of the .2-acre Commercial Street property is $7413P000.