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HomeMy WebLinkAbout2000-04-11 Board of Selectmen Executive Session Minutes Board of Selectmen Meeting Executive Session April 11, 2000 The meeting convened in the Community Room of the Reading Police Station, 15 Union Street, Reading, Massachusetts. Present were Chairman Sally Hoyt, Vice Chairman Matthew Nestor, Secretary George Hines, Selectmen Camille Anthony and Matthew Cummings, Town Manager Peter Hechenbleikner. The Town Manager reviewed that status of negotiations as of April 7, 2000 with Lincoln Properties. The Town Manager also reviewed the financial.review and school children generation. Selectman George Hines suggested that we need to very carefully define what the plain closure of the landfill is since that was an issue with Corporex. Selectman Matthew Cummings noted that Town Meeting Members may be concerned about the residential nature of much of the development. Chairman Sally Hoyt, Vice Chairman Matthew Nestor, Selectmen Camille Anthony and Matthew Cummings supported the Lincoln development as proposed. The consensus was that it was a better development and that the financial return to the Town is considerably better. Even if the office is not developed by Lincoln, the financial return to the Town is the same as for the next rank developer, but the Town would wind up with an office site that has additional value. Selectman George Hines still expressed concern about residential development on this site, and preferred the commercial development. Selectman Matthew Cummings suggested that we get confirmation from Dickinson as to exactly what their proposal is. Selectman Camille Anthony noted that in addition to the financial aspects, Lincoln Properties was aesthetically a better gateway to the community. Selectman George Hines left the meeting at 10:30 p.m. On motion by Nestor seconded by Cummings, the Board of Selectmen voted to adjourn the Executive Session of their meeting of April 11, 2000 at 10:40 p.m. On a roll call vote, all four members present voted in the affirmative. Respectfully submitted, t§ecre