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Mr. Giatrel lis stressed the importance of phasing for <br /> the affordable housing por4tlon of this project. H <br /> mentioned open space issues and will be proposing <br /> recreation area . 3 acres . <br /> The Town Planner explained that recent changes in the <br /> Regional Policy Plan would require of the parcel remain. <br /> native woods . <br /> The Chairman expressed her support for a Development <br /> Agreement, as opposed to the Cape Cod Commission process. <br /> fir. ,Gi.atrellis explained the residential units would <br /> be -stories with elevator access in order to accommodate <br /> the disabled and elderly. <br /> Lee Gurney expressed concerns for traffic generated by <br /> the industrial area i.n relation to the residential. (family) <br /> units. <br /> The gown Planner suggested Applicant provide a second <br /> access for emergency purposes. <br /> It was the consensus of the Board to support the <br /> proposed project in concept,. The Chairman- again urged the <br /> Applicant to consider a Development Agreement . <br /> Release of Performance Guarantee <br /> Christopher Johnson - Christopher Lane subdivision <br /> Release of Performance Guarantee <br /> The Chairman recognized Christopher Johnson who <br /> requested a partial release for electrical system) of bond <br /> funds . He provided a letter from Lawrence Lynch Company <br /> dated February 11, 2004, e ri f ing work in the amount of <br /> $1 , , 2 . o o had been comp l et-ed. <br /> Reference was made to a letter prepared by the <br /> Con°sulting Engineer suggesting certain issues be addressed. <br /> r. Johnson stated the retention pond is near <br /> completion, the roadway is to be repaved, the street has <br /> been swept . He requested a release in the amount of <br /> $21, 873. 00 . <br /> The Consulting Engineer commented that the development <br /> sign, Christopher Lane, is not a standard street s-ign. <br /> 7 <br />