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r. 7 Y. i ti r F-z Y` r f units C ? T i z� <br />lzr,&O-�ev p :'T`L will ��,�e money because of the -nui-flab .= o . �.�ni s ,� hil .--h ,�� e, <br />ready to be sold. .-,e developer has worked diligently w, it?.F K TC t.o <br />apt th4ste approva�s , are ahead. of most r.Jth�'}r C.aro�f e� tS wf ���i_� 1a� <br />natu_ � f most of for succwsS of ' el=--pina ` � '-1'ac L '"3e <br />approval and cooperation from the various Toy n boards and t1-.ev <br />appreciate it. <br />14'r . DtInning explained that they are appearing tonight to reo ses t an <br />e=Ater;sicn of the Nov 7, 1990 deadline Ffor either production cif L f� <br />off" serf ormai cea of revegetation se tf or th on EeLl'ruar Yr i th w 1'1-n <br />Board approved. phase �?I . They plan to get the fur�� 2 na necessary to <br />1LL L N .*. t � t �i a ,- work. �.,J ,ter 4 = a 1� i v e i� L. �� e i � 4 t t � i.a 4 i t T � has a � � jr i.� � 1.r+'4v e �i <br />thev request that the deadline be : e te��ed a reasriv=ab'. e <br />%6-6 unt of 6. _L4, to c et the fu+�dino 3n �1ace . <br />The RTC requires a legal opinion from Mr. Dunning t-hat the pj:o j ec°t <br />is in an a :proved status ;-Fi th va? id exist:' ng ��er�.i t s a�4d ��e <br />not Give th:;t kind `f oD� nio31 without assurance from var lo'3S {Ja dS <br />that they are on target and have the Boards' anprovul . <br />He understands that the Board cannot formally extend tonia��t b-)ut he <br />asked the Board to reflect in the iminutes t weir reouest and 4iaLe <br />the matter on the agenda for consideration - at the ne�'_t a v a ila'�le <br />i�iL�t.l.1.� ■ <br />++e would hate to see Phase i i a~ nroval t er mi�+a t ed } %.L d on <br />4 it cu:Yis tCar,ceS beyond the control of the developer . <br />lYdr . gun .inC e tllained that the approval the: Boarrd Dave has f=e r-�_ <br />.. w .� min <br />lip <br />s of eauards including no building permits for Pease I I ur}tit a bond <br />is posted or revea tation is complete. <br />The ZBA has original jurisdiction over this project and they have <br />applied. very Serious restraints upon threat, many suggested by the <br />Town Planner. He would like Board member s to know that has <br />looked this at carefully and have deadlines inposed o++ the vrojec;:t <br />and the-Y raieet with them often to keep them updated. <br />They are optim=istic that will he getting funding approved. EJoon <br />Examination of letters from RTC show they have a strong basis for <br />believ-ing would have been funded by now. <br />Mr. <br />Dunning requested <br />the Board admins i tr at ivly <br />continue the Nov <br />7th <br />1990 deadline until they next have a quorum. <br />to consider i t . <br />RTC <br />will not advance <br />any funds until they get <br />the legal cpinion <br />that <br />approvals are in <br />place. Therefore he would <br />suggest the Board <br />act <br />in administrative <br />manner. <br />Pat asked for Kevin Harrington to join the mee inn . <br />Judy stated that using the rule of necewssit-Y she will sit on. E-he <br />matter now. <br />Pat stated that in the June loth letter from RTC it stated fund-i rig <br />will not occur until all conditions are satisfied, are there anv <br />probl e1f=s / condi t ]_o .S the Board should know <br />Mr. Dunning Stated that the documeantation is voluminous and ::lust <br />meet with the approval of R T c r he {doesn't know of any )a.&. cul.ar <br />R� r ob l ems . <br />� :. Bj0a-lvwe L wed ��a�.t here i�ao. een ���,� lamt J-ss��S i,J...��6 k.s <br />