03/28/2007 ZONING BOARD OF APPEALS Minutes

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Town of Mashpee 1G Great�1J�eck (�vad,Nort{� IJ2 slipee,Massach«setts 026 �J MASHPEE ZONING BOARD OF APPEALS Decision for Three-Year Extension Chapter 40B Comprehensive Permit SP-07-28 The 340-342 Main Street LLC O Dory Lane Book: 20779 Page: 20 Mashpee, Massachusetts 02649 Assessor's Map 36 Parcel 50 The Zoning Board of Appeals filed the above-referenced Decision SP-07-28 for a Chapter 40B Comprehensive Permit with the Town Clerk on August 9, 2007. The ZBA office received a letter dated July 16, 2010 from the Petitioner requesting a three-year Extension of the Comprehensive Permit. A Public Hearing was held on July 28, 2010 on the Request for Extension of the Comprehensive Permit SP-07-28. Upon motion duly made and seconded, the Mashpee Zoning Board of Appeals voted to grant a 60-day Extension to allow the Petitioner an opportunity to address the Board's questions. At the Public Hearings on August 25, 2010, the following members of the Board were present and acting throughout: Board Members Jonathan Furbush, William A. Blaisdell and James Reiffarth and Associate Board Members Peter R. Hinden and Ronald S. Bonvie. Attorney Kevin M. Kirrane and developer Mr. John McShane represented the Request for an Extension. Attorney Kirrane said that a limited dividend equity was created in order to develop this project with Southside Realty Trust as the applicant and The 340-342 Main Street, LLC as the owner of the permit. Attorney Kirrane said that, due to the economy, the Petitioner was unable to obtain financing for the project. In addition, a substantial mortgage exists on the subject property. The Petitioner is seeking a three-year extension with the anticipation that the economy will improve and sufficient financing can be secured for the project. Mr. Furbush referred to the list of issues that the Board requested the Petitioner to resolve. Mr. McShane said that a final top coat has been completed. He also said that the road has been cut in along with installation of some of the utilities. At the Public Hearings on August 25, 2010, the Board voted unanimously to grant a three-year Extension on the above-referenced Chapter 40B Comprehensive Permit. This Extension shall lapse on August 9, 2013.