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2 <br /> Mashpee Select Board-Affordable Housing Trust <br /> Minutes <br /> December 4, 2023 <br /> Present: Selectman John J. Cotton, Selectman Thomas F. O'Hara, Selectman Carol A. Sherman, <br /> Selectman David W. Weeden(remote participation), Selectman Michaela A. Wyman-Colombo <br /> Town Manager Rodney C. Collins <br /> Assistant Town Manager Wayne E. Taylor <br /> Attendees: Allan Isbitz (remote participation),Richard Klein, Gregory McKelvey,Rick Cayer <br /> Meeting Called to Order by Chairman Cotton at 6:00 p.m. <br /> Mashpee Town Hall, Waquoit Meeting Room <br /> The Affordable Housing Trust met with Evan Lehrer, Community Development Coordinator to review the <br /> following matters; <br /> Discussion and A U 1roval_of Ex din an Additional wSeven Thousand Dollars ($7,000 for the Acquisition of <br /> w. <br /> 12 CyJressWCirclew <br /> Community Preservation Act funds in the amount of$100,000 approved and transferred by a vote of Town <br /> Meeting in 2019 to the Affordable Housing Trust to purchase property identified as 12 Cypress Circle for <br /> affordable housing purposes was discussed. <br /> It was realized thereafter the subject property had clouded title issues. The owner was noted to <br /> have worked diligently to resolve the issues securing full title insurance and a clear deed of <br /> reference. The risk associated to this parcel has now substantially diminished,and based on Town Counsel's <br /> opinion,the sale of 12 Cypress Circle can proceed. <br /> The owner has requested the Trust consider authorizing an additional $7,000 towards the <br /> purchase since the time has lapsed and expenses have occurred to secure full title. <br /> In 2019 an appraisal of real property value was determined at $110,000 for the purchase of 12 Cypress Circle, <br /> a site comprised of 1.2 acres. <br /> Mr. Lehrer indicated the property has frontage on two streets; Cypress Circle and Fox Hill Road, <br /> both of which require improvements to be eligible for building permits. It is a former Recreation <br /> and Green Space lot. <br /> Discussion followed with respect to the affordable housing potential. It was noted that prior,two <br /> letters of interest were received from the Housing Assistance Corporation and from Habitat for Humanity of <br /> Cape Cod. Additional Habitat for Humanity homes are noted to be constructed in this subdivision. <br /> Mr. Lehrer indicated he would work with the Affordable Housing Trust and Affordable Housing <br /> Committee to make the decision on the site. Criteria would be imposed in the Request for <br /> Proposal, and based on Title V restrictions. <br />