06/16/2008 SELECT BOARD Minutes - Laserfiche WebLink

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Board of Selectmen Minutes June 16, 2008 OLD BUSINESS: St. Vincent's Property Update: Selectman Taylor, Chair of the Community Preservation Committee {CPC)updated the Selectmen on negotiations relative to the St. Vincent's property, an open space purchase approved by voters at the May 2008 Town Meeting. The draft conservation restriction is presently being negotiated and will be presented to the full Board of Selectmen for final approval. The conservation restriction was imposed by the Division of Fisheries and Wildlife in exchange for their contribution of$500,000 toward the purchase of the property. It was disclosed bonds and notes associated to the purchase will be available for the Selectmen's execution on Wednesday. The bond rate is 2.6%on the $2,146,800 borrowed though a twenty-year debt exclusion. The draft agreement allows for some flexibility for passive recreational . use. The former archery range, a site of approximately 1.5 acres is approved for clearing and use as an open field. However, it cannot be used as a permanent field. There will not be a boat ramp, but a floating dock is permissible for kayaks and canoes. Motorized boats will not be allowed. Temporary structures such as tents are permitted. Also included in the agreement is gravel parking area for approximately six spaces. Negotiations under consideration include asphalt pavement for the parking area and entrance road to improve water quality and maintenance functions. The Planning Board is scheduled to meet with representatives from the St. Vincent's Home Corporation regarding the location of the eight acres that is to be retained by the arch diocese. St. Vincent's has requested to retain the eight acres with frontage on Route 130 for future use.