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IMG, IBro <br /> C :5 <br /> ` own O M ash e e Aanniao Board <br /> 16 Great Neck Road Worth <br /> Mashyee, -Massachusetts 02649 <br /> - The acquisition property at 751 Main Street received appraisal. If anyone would like to <br /> review it she has a copy. It is currently in executive session. <br /> - There was an application for 31 Ashumet Road and 474 Main Street. As Ms. Waygan <br /> is an abutter she left the room. <br /> Mr. Lehrer stated the property owner is 80 years old and living in Florida. He is cleaning up his <br /> estate and reached out to Conservation regarding the sale of his property to the town for open <br /> space. Conservation performed higher level due diligence and the property owner disclosed <br /> various stumps and debris. The collection of lots totals three parcels at $950,000. There are <br /> two vacant parcels, and given existing development, it's not continuous, abuts condos, nor is it <br /> near any conservation. Mr. Lehrer believes there is more affordable housing value here verses <br /> open space. It is located in a zone 2 groundwater area that is preserved and protected as well <br /> as needing to figure out contamination on the site. It can sustain a smaller 10 bedroom <br /> possible 5 unit housing structure with no other intervention. The town would be able to <br /> remediate the site appropriately for future inhabitants. When submitting, the property owner <br /> suggested $500,000 initially, but his bottom line is $250,000. The AHC wants to do appraisals <br /> as well as requests for letters of interest for developers. They would likely send out letters of <br /> interest to local agencies like HAC and Habitat for smaller projects such as this. He thinks it <br /> would be a great small project right on Main Street. He would anticipate IA, but it is on phase 2 <br /> of the sewer plan. The property owner received quotes from engineering firms to clean up the <br /> property at around $75,000. They will need to see those quotes. <br /> Ms. Faulkner stated it was assessed at $828,000. <br /> Mr. Lehrer stated one was assessed at $383,000 and the other a little over $400,000, but it <br /> seems to be a high assessment. That is for an assessor to speak on. Appraisal will answer <br /> that question to determine actual value. It's in a split residential and commercial zone and <br /> abuts residential. To develop this site from the town it would have to be a comprehensive Ch. <br /> 40B permit. There are specific developers that solely deal with affordable housing. Habitat is <br /> all single family housing while HAC does more multifamily. Habitat would do a cluster of single <br /> family dwellings. They require land donation and sweat equity. It would be more advantageous <br /> for this site to have one building with multiple apartments and least amount of site disturbance. <br /> Ms. Waygan reentered the room. She would like 9 Santuit Lane on next meeting's agenda. <br /> Mr. Hanson asked about access to the property at 9 Santuit Lane. He would like to go view the <br /> structure. <br /> 5 <br />