Wednesday, July 12, 2017

Live reporting: Town Council - July 12, 2017

Present: Pellegri, Padula, Vallee, Kelly, Pfeffer, Bissanti, Dellorco, Jones, Mercer (via remote connection)
Absent: none


A. Approval of Minutes
A. Approval of Minutes

B. Announcements
B. Announcements -
1. This meeting is being recorded by Franklin TV and shown on Comcast Channel 11 and Verizon channel 29. This meeting may also be recorded by others.

C. Proclamations/Recognitions
C. Proclamations/Recognitions
D. Citizen Comments
D. Citizen Comments - Citizens are welcome to express their views for up to five minutes on a matter that is not on the Agenda. The Council will not engage in a dialogue or comment on a matter raised during Citizen Comments.  The Town Council will give remarks appropriate consideration and may ask the Town Administrator to review the matter.

none

E. Appointments
E. Appointments - Conservation Commission
Staci Dooney

motion to approve, seconded, passed 9-0 (via roll call

F. Hearings
F. Hearings
none

G. License Transactions
G. License Transactions
none

H. Presentations/Discussions
H. Presentation/Discussions
Richard Henden - The Schochet Company


Safe Coalition


Richard Henden - The Schochet Company

owners, manager, developers of apartments mostly subsidized

new owner of Glen Meadow apartments as of May 30
chapter 40T, right of first refusal on affordable properties
offer made, deemed to low, got a market offer, and matched via the State
25% of the units will be affordable
80% of the market rate
now back over the 10%
thrilled of being able to help, have compliance obligations to certify residents, etc.

better tenant management, better property management
landscaping etc.

a forty year note to maintain affordability, buyer would still be bound to maintain
as mentioned we are in the affordable business so we intend to stay


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