05/02/2005 Annual Town Meeting - Laserfiche WebLink

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from the Land Bank Fund $39,250 to the Issuance of Debt Account; and further, the Town vote to authorize the Board of Selectmen to apply for and accept Federal, State and / or County grants to be applied by the Town toward the financing of this purchase, and to enter into contracts or agreements with Federal, State and/or County agencies, private conservation trusts or other entities or persons in connection with the purchase of all or a portion of such land and its preservation and mana gement for the purposes identified in Chapter 293 of the Acts of 1998, including conveyance and enforcement of a perpetual conservation restriction on the land in accordance with Chapter 184 of the General Laws as required by the provisions of Chapter 293, section 10 of the Acts of 1998 as amended, to an organization qualified and willing to hold such a restriction; and finally, to authorize the Board of Selectmen to enter into such agreements and execute any and all instruments as may be necessary on behalf of the Town to effect said acquisition, sale, transfer or preservation.. Moderator: I need a 2/3rds vote. Motion passes at 9:56 p.m. Article 21 To see if the Town will vote that those parcels shown on the 2004 Mashpee Assessors' Maps as Map 16, Block 36 (562 Cotuit Road and Map 44, Block 4 (59 Quashnet Road) shall not be held for by the Town as conservation land; and further, vote that said parcels shall be transferred to the Board of Selectmen for purposes of donation or sale to an entity or entities engaged in the development of affordable housing for sale or rental to persons of low or very low income within the meaning of the Housing Act of 1937, and qualifying for listing in the affordable housing inventory maintained by the Mass. Dept. of Housing and Community Development under G.L. Chapter 40B, with such transfer to be made subject to a permanent deed restriction, which may contain a reverter clause, permanently restricting the sale or resale price, or rental cost, of any homes or apartments constructed on said parcels to no more than that considered affordable for persons of low income as defined by the U.S. Dept. of Housing & Urban Development and qualified for continued listing in the above affordable housing inventory; and finally, to authorize the Board of Selectmen to make use of other instrumentalities of the Town or other agencies and to enter into any agreements necessary to effect the transfer of such land in accordance with this Article, or take any other action relating thereto. Submitted by the Board of Selectmen Explanation: This article would authorize the Selectmen to transfer title to two lots at 562 Cotuit Road and 59 Quashnet Road, previously taken by the Town for non-payment of taxes, to persons or agencies that would construct affordable homes or apartments. The lots would be developed with the approval of the Board of Selectmen under the "Local Initiative Program" and G.L. Chapter 4013, as was done with a number of lots previously deeded by the Town to Habitat for Humanity. The lots would be permanently restricted for use for affordable housing and would be transferred to an agency or organization selected through a "Request for Proposals" process. The Board of Selectmen and the Finance Committee recommend approval. 56