Laserfiche WebLink
<br /> <br /> <br />Motion: I move the Town vote to approve Article 6 as printed in the warrant, with the exception of the phrase or <br />take any other action relating thereto.” <br /> <br />Motion passes unanimously at 7:24 PM <br /> <br />Article 7 <br /> <br />To see if the Town will vote, as recommended by the Community Preservation Committee, to appropriate and <br />transfer the sum of $500,000 from the Community Preservation Fund, Fund Balance in accordance with the <br />provisions of M.G.L. Chapter 44B §5, for the purpose of assisting with funding for the LeClair Village Affordable <br />Rental Housing project, property located at 950 Falmouth Road, Mashpee, identified on Assessor’s Map 93-6-0 <br />(2.49 acres site for 39 affordable homes in 3 buildings), 93-7-0 (3.26 acres, site for underground water <br />infrastructure and open space), 94-7-0 (7.08 acres to be preserved as open space); said property comprised of <br />12.83 acres in total, including any necessary costs and expenses related thereto, as recommended by the <br />Community Preservation Committee; provided, said sum shall be used exclusively for community housing and <br />shall remain subject to all the rules, regulations and limitations of M.G.L. Chapter 44B when expended by the <br />Housing Assistance Corporation of Cape Cod (HAC) and Preservation of Affordable Housing (POAH) or their <br />designated entity, or take any other action relating thereto. <br /> <br />Submitted by the Community Preservation Committee <br /> <br />Explanation: The goal of this appropriation is to assist the Housing Assistance Corporation (HAC) and the <br />Preservation of Affordable Housing (POAH), the designated developers pursuant to a competitive proposal <br />solicitation process, to develop the 950 Falmouth Road property to provide much-needed affordable housing stock <br />in Mashpee. The project will create 39 new affordable rental homes in three buildings with a total of 68 bedrooms <br />units. The residential construction will be confined to Parcel A. The wastewater treatment infrastructure for the <br />project will be located in Parcel B, and Parcel C shall remain as open space. The addition of 39 affordable rental <br />homes in the LeClair Village development will assist Mashpee in achieving a total affordable housing stock <br />inventory of 5.9%. This contribution from the Town, through its CPA, will offset direct construction costs for <br />the subject affordable housing development. <br /> <br />The Community Preservation Committee recommends approval of Article 7 by a vote of 7-0. <br /> <br />The Select Board recommends approval of Article 7 by a vote of 5-0 <br />The Finance Committee recommends approval of Article 7 by a vote of 6-0 <br /> <br />Motion made by Select Board Member O’Hara <br /> <br />Motion: I move the Town vote to approve Article 7 as printed in the warrant, with the exception of the phrase or <br />take any other action relating thereto.” <br /> <br />Motion passes unanimously at 7:25 PM <br /> <br />Meeting adjourned at 7:25pm <br /> <br /> <br />