01/30/2024 ECONOMIC DEV AND INDUSTRIAL COMMITTEE Minutes

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Mashpee Economic Development Industrial Corporation (EDIC) Minutes – January 30, 2024 6:00 PM Ockway Meeting Room Mashpee Town Hall Present: Carol Sherman, Denise Dutson, Rick Cayer, Pamela McCarthy, Glenn Thompson, Robyn Simmons Absent: Patrice Pimental Guests: Bill Russell, Terry Smiley, and Peter Collura 1. Call Meeting to Order Carol Sherman opened the meeting at 6:00 p.m. 2. Approval of 8/29/2023 and 3/30/2021 minutes Denise Dutson moved that the committee approve the 3/30/2021 minutes, Glenn Thompson seconded, the committee approved. Pamela McCarthy moved that the committee approve the 8/29/2023 minutes, Denise Dutson seconded, and the committee approved. 3. Finance Report: The EDIC has moved all of its accounts with the exception of a CD to Rockland Bank. The money market account has a balance of $306,442 and the checking account balance was $22,402. The remaining CD at Cape Cod Five has a balance of $53,202. The money will be moved to Rockland Bank once the CD matures. 4. Business Leaders Terry Smiley, Bill Russell, and Peter Collura came to talk to the Committee about their experiences setting up and opening businesses in Mashpee. Terry Smiley owns the Wendy’s on Route 28. He said the process was easy; the site of the former Mister Donut was perfect in location and because it had a drive through that was grandfathered in. The traffic detail they hired wasn’t needed after a couple of days because the flow of traffic was steady and it wasn’t congested or backed up at all. He said that while housing is a concern but that he was very concerned with the lack of lighting and sidewalks on Route 28. It’s a safety issue for people who are walking. A bus comes to the site of the business and it’s consistent but the schedule isn’t ideal for their employees without cars. He said that everything went smoothly and the town was helpful. They had previously opened a Wendy’s in Yarmouth and two in Plymouth. They have 22 employees at the Mashpee location. William Russell is starting an indoor pickleball and golf simulator complex that will feature a restaurant/bar. He first looked at Hyannis but it didn’t work out. He found a site in the same industrial park that Cape Cod Coffee is located in; secured a contract (contingent upon approval). The area needs to be rezoned to allow for sports/recreation in a Town Meeting vote. He took it to the Planning Board and they told him they would approve his Town Meeting petition but that