HomeMy WebLinkAbout1995-08-15 Reading Housing Authority Minutes - Executive SessionREADING HOUSING AUTHORITY
Minutes of the Executive Session of the adjourned Meeting of August 15, 1995
A regular Board meeting of the Reading Housing Authority was held on Tuesday, August 15,
1995 at 7:30 P.M. at the Town Hall, 16 Lowell Street in the Town of Reading, Massachusetts.
The Chairman, Reverend Robert K. Sweet, Jr., called the meeting to order. Due to a lack of
quorum, the meeting was adjourned until Wednesday, August 16, 1995 at 7:30 P.M. and was
held at the office of the Authority, 22 Frank D. Tanner Drive in the Town of Reading,
Massachusetts. Those members present and forming a quorum were: Mr. Sweet, Mr. Reynol
and Mr. Allen. Ms. Plansky was also in attendance along with the Authority's attorney, Mr.
Greco.
Upon a unanimous roll call vote, the Board adjourned to Executive Session to discuss the real
estate matters pending with the Bear Hill development.
Mr. Sweet gave an overview of the events that had transpired since the last meeting.
8/6/95 - Board met and voted to require that the 13 units of affordable housing be as
follows:
11 units for sale; 2 units donated to RHA
10 units with 2 BR ( 2 with garages):
5 @ 2BR, 2 B at $99,900 ( "A" Units)
2 @ 2BR, 1.5 B at $108,000 ( "C" Units)
2 @ 2BR, 2B at $108,000 ( "E" or "G" Units)
1 @ 2BR, 2B donated to RHA ( "E" or "G" Unit)
3 units with 3 BR ( 2 with garages):
2 @ 3BR, 2B at $127,000 ( "H" Units)
I @ 3BR, 2B donated to RHA ( "H" Unit)
8/9/95 - Letter received by Executive Director regarding offer of all 2 BR units
containing 1.5 baths. Also stated that the "affordable" units will be the same as all market
rate units.
ED checked with attorney and sent letter to Board of Selectmen and Town Manager
stating that no such offer had been made. Sent copies of transmittal to Board memb
ED went on vacation.
8/10/95 - ED sent info to Don Allen for cost comparison information. Mr. Allen said
thought that Mr. Sweet had said something about all units having 1.5 baths.
8/11/95 - Mr. Sweet called Sally Hoyt to tell her of the confusion. Mr. Dolben had
offered the units before a break and in the confusion the offer had not been heard by
others and was not put on the table for discussion during deliberations.
8/14/95 - Spoke with Town Manager and tried to arrange a meeting to discuss the issues
with both Boards. Not possible so a meeting was scheduled for RHA only to consider
this offer with the new conditions.
8/15/95 - Meeting scheduled - no quorum. Continued until 8/16.
After review of the letter and the new conditions and upon a motion duly made by Mr. Allen and
seconded by Mr. Reynolds, it was unanimously
VOTED: To rescind the action of the August 7, 1995 meeting relative to the Bear Hill Limited
Partnership proposal for the "affordable" units at Bear Hill development, by the following roll
call vote:
Mr. Reynolds - aye
Mr. Allen - aye
Mr. Sweet - aye
The Chairman then declared said motion carried and said vote in effect.
The Board discussed at length the new offer as well as the "Cost Comparison" sheet which
showed that the 2BR, 1 B units at $99,900 would actually cost the developer less and would
allow for a lower qualifying income for new purchasers. After some debate the Board decided
that the current offer from the developer would be satisfactory. Upon a motion duly made by
Mr. Allen and seconded by Mr. Reynolds, it was unanimously
VOTED: To approve the following mix for the affordable units at the Bear Hill development:
nine (9) "A" style units at $108,000 for each unit; each with 2 bedrooms and 1.5 baths,
constructed identically to all other "A" style units in the complex; with the same amenities,
quality of design and construction, interior design and layout; with balconies as set forth in plans
submitted to the Board at their August 7, 1995 meeting and laid out by Martin Architects dated
October 21, 1994;
two (2) "H" style units with garage at $127,000 for each unit; each with 2 bedrooms and 2 baths,
constructed identically to all other "H" style units in the complex; with the same amenities,
quality of design and construction, interior design and layout; as set forth in plans submitted to
the Board at their August 7, 1995 meeting and laid out by Martin Architects dated October 21,
1994;
one (1) "G" style unit with garage donated to Reading Housing Authority, containing 2 bedrooms
and 2 baths, constructed identically to all other "H" style units in the complex; with the same
amenities, quality of design and construction, interior design and layout; as set forth in plans
submitted to the Board at their August 7, 1995 meeting and laid out by Martin Architects dated
October 21, 1994;
one (1) "H" style unit with garage donated to Reading Housing Authority, containing 3 b
and 2 baths, constructed identically to all other "H" style units in the complex; with the &
amenities, quality of design and construction, interior design and layout; as set forth in pl
submitted to the Board at their August 7, 1995 meeting and laid out by Martin Architects
October 21, 1994;
Further, the developer shall provide:
* exact unit location by building and unit number
(Location can be changed by mutual agreement.)
* typical unit layout of each unit type
* exact location of four (4) garages (2 with RHA units; 2 with the 3 Bedroom
units)
* exact location of deeded parking spaces (each unit to have one deeded space and
assigned space)
* plan showing the front elevation to show how and if the change affects the
building design)
* approximate beneficial interest of each unit in common area.
These plans and documents must be provided to the Board members before the joint meeti
that they can review them and resolve any problems before this meeting on September 7, 1
Mr. Reynolds - aye
Mr. Allen - aye
Mr. Sweet - aye
The Chairman then declared said motion carried and said vote in effect.
There being no further business before the Board in Executive Session, it was unanimously
to adjourn at 7:10 P.M. and to return to regular session by the following vote:
Mr. Reynolds - aye
Mr. Allen - aye
Mr. Sweet - aye
The Chairman then declared said motion carried and said vote in effect.
Respectfully submitted,
Marg . Plansky, Secretary
and Executive Director
ms
so
15.