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Board of Selectmen Meeting <br /> Executive Session <br /> April 25, 1995 <br /> The meeting convened at 7:04 p.m. Present were Chairman Dan Ensminger, Vice Chairman Sally <br /> Hoyt, Selectman Bruce MacDonald, Town Manager Peter Hechenbleikner and Town Counsel <br /> Theodore Cohen. <br /> The Town Manager brought the Board up to date on the Pearl Street School appeals. The <br /> Housing Authority appeals have been settled but not signed off yet. The abutter is still appealing. <br /> Bear Hill - The developer wants to close by the end of May. The intent would be that the off-site <br /> improvements will be subject to future resolution, and there will be a one page statement of where <br /> we agree and disagree. The plan is in the works and will be done within one to two weeks. An <br /> extension is requested until May 31 for purpose of creation of documents only. We will close <br /> earlier if possible. The developer has made no other offer with respect to the off-site <br /> improvements. Town Counsel noted that if we don't proceed the Town could be sued for loss of <br /> profits. The development is being built as a condo and therefore upon certificate of occupancy <br /> the Town will get the $2,000 or 1.8% of purchased price for all of the market rate units. <br /> MacDonald was concerned - he won't agree to pay for off-site improvements. The Town <br /> Manager clarified that if a court or arbitrator or other dispute resolution program requires it, then <br /> the Town will be required to pay and MacDonald agreed. The Board indicated that it still wanted <br /> to do this process with netting out the expenses for the off-site improvements that we agreed to. <br /> MacDonald asked if this purchase and sales agreement or process violates the Zoning Bylaw and <br /> Cohen noted that it does not. <br /> On motion by Hoyt seconded by MacDonald the Board voted to adjourn at 7:25 p.m. on a role <br /> call vote with all three members voting in the affirmative. <br /> Respectfully submitted, <br /> Secretary <br />