01/24/2019 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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8 Community Preservation Committee Minutes January 24, 2019 Continued Deliberations on May 2019 Project Proposals: Acquisition of 12 Cypress Circle: TBD (Review of Real Estate Appraisal): For disclosure Mr. Smith indicated he is a member of the Mashpee Wampanoag Rod & Gun Club, an abutter of the subject 12 Cypress Circle property and would be recusing himself from acting on this application. With regards to the activities related to the Rod & Gun Club, it was noted the vacant land represents a natural vegetated sound buffer to the area community. The Community Preservation Committee reviewed the results of the real estate appraisal performed by the Cape Cod & Islands Appraisal Group, LLP of Barnstable, MA. The opinion of value for the 1.2 acre property identified as 12 Cypress Circle is referenced on Mashpee Assessor's maps as Map 21, Parcel 33. The date of the value is December 19, 2018. The applicant, Christine Marano offered the property to the Community Preservation Committee leaving the asking price To Be Determined. The 2019 assessment of the vacant lot is $102,900. A brief discussion followed regarding the potential use for this property for affordable housing purposes. It was determined the Community Preservation Committee would defer this application for future consideration at the October 2019 Town Meeting. During the interim,the appraisal of value would be shared with the respective property owner and future negotiations would be considered. Motion made by Ms. Waygan to defer the 12 Cypress Circle application, and consider future negotiations for the purchase of said property to the October 2019 Town Meeting. Motion seconded by Mr. Larldn. VOTE: 5-0-2. Motion carries. Roll Call Vote: Mr. Gottlieb,yes Mr. Hyde, abstained Mr. Halpern,yes Mr. Larlan,yes Ms. Waygan,yes Mr. Harsch,yes Mr. Smith, abstained Opposed, none