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Mashpee Economic Development Industrial Corporation (EDIC) <br /> Minutes — June 28, 2022 <br /> 6:00 PM <br /> Waquoit Meeting Room <br /> Mashpee Town Hall <br /> Present: Carol Sherman, Robyn Simmons, Denise Dutson, Pamela McCarthy, Patrice <br /> Pimental, Glenn Thompson <br /> Guest: Rodney Collins, Town Manager <br /> 1. Call Meeting to Order <br /> Carol Sherman opened the meeting at 6:02 p.m. <br /> 2. Approval of minutes <br /> • EDIC minutes of 4/25/2022; Pamela McCarthy moved the committee approve the <br /> minutes, Patrice Pimental seconded, the committee approved. <br /> 3. Finance Report <br /> Robyn reported that the EDIC's regular checking account has a balance of$23,788.48, savings <br /> has a balance of$305,280.56, and the CD has a balance of$51,130.56. <br /> 4. Old Business <br /> Workforce Housing on Commercial Street/Feasibility Study: Rodney Collins said that Town <br /> Counsel found discrepancies in the title and that until it is cleaned up, there could be a liability <br /> risk for the town. Once the town has a clean title and has title insurance, it will be transferred to <br /> the Affordable Housing Trust and we can move forward with the feasibility study, but not before <br /> then. The EDIC will have a conference call with Town Counsel in its next meeting to learn the <br /> progress of this. <br /> Meeting adjourned at 6:47 PM. <br /> Respectfully submitted by Pamela McCarthy <br />