HomeMy WebLinkAbout1998-12-01 Board of Selectmen Executive Session Minutes Board of Selectmen Meeting
Executive Session
December 1, 1998
The meeting convened at 10:05 p.m. in the Selectmen's Meeting Room, 16 Lowell Street,
Reading, Massachusetts. Present were Chairman Bruce MacDonald, Vice Chairman Sally Hoyt,
Secretary Matthew Nestor, Selectmen Camille Anthony and George Hines, Town Manager Peter
Hechenbleikner, Assistant Town Manager Russell Dean, Town Counsel H Theodore Cohen, Lisa
Smith and Paula Schena. (George Hines left the meeting early)
Sale of Real Estate
The Board discussed the strategy for negotiations with Corporex for the sale of the Business
Park. The following negotiating issues were developed:
1. The developer shall be responsible for ongoing costs associated with monitoring of the
landfill. The performance of monitoring will be backed by a performance bond or letter of
credit, whichever is acceptable to DEP.
2. The developer shall purchase, at its own expense, an envirommental liability policy or
otherwise indemnify the Town of Reading.
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3. The developer shall take our remainder of the landfill closure contract from Town of Reading
(Camp, Dresser, McKee).
4. The developer shall take materials from Strout Avenue and return composted/topsoil material
to Compost Center.
5. The Town continues to use site area not being developed for snow storage until needed by
developer.
6. Developer shall do off-site mitigation as required by MEPA including the addition of ramps,
widening/curb/sidewalk work on. Walkers Brook Drive; signalization improvements at
Walkers Brook Drive from village to Wakefield.
7. Guarantee closure with perfonmance and payment bond and/or letter of credit to Town of
Reading.
8. The Town wishes to sell the property as opposed to leasing it. The Town would like an
alternative proposal from Corporex as to the price the company will pay outright for the
property.
9. The Town wishes to explore restrictions of use as recommended by the Reading Business
z Park Advisory Committee including a variation use restriction limiting uses to be modified
up to 10% of the original proposal.
Board of Selectmen Meeting—Executive Session—December 1, 1998—Page 2
10. The Town wishes to explore contributions by the developer to a sewer upgrade project
slated for Walkers Brook Drive.
11. The Town wishes to express interest in the mutual pursuit of any grants or grants-in-aid --
relative to the Reading Business Park project.
12. The Town wishes to negotiate with Corporex on the potential for siting a public recreation
facility for Town use on the site.
13. The Town would like Corporex to reserve room for citing of cellular towers on the
appropriate structure as necessary.
14. The Town would like a performance guarantee against puncturing of the cap indicating
Corporex will assume full responsibility.
On motion by Hoyt seconded by MacDonald, the Board of Selectmen voted to approve the above
14 issues for negotiations. On a roll call vote, the motion was approved by a vote of 4-0-0.
On motion by Nestor seconded by Anthony, the Board of Selectmen voted to adjourn the
Executive Session of their December 1, 1998 meeting at 10:40 p.m. On a roll call vote, the
motion was approved by a vote of 4-0-0.
Respeftfully submitted,
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