HomeMy WebLinkAbout2007-07-16 Board of Selectmen Minutes Board of Selectmen Meeting
July 16, 2007
The meeting convened at 7:00 p.m. in the Selectmen's Meeting Room, 16 Lowell Street,
Reading, Massachusetts. Present were Chairman James Bonazoli, Secretary Ben
Tafoya, Selectmen Camille Anthony and Richard Schubert and Town Manager Peter
Hechenbleikner.
Discussion/Action Items
Approval of Johnson Woods Regulatory Agreement—The Town Manager explained that
the purpose of this meeting was to approve the Regulatory Agreement between the Town,
Department .of Housing. and Community Development and the Johnson Woods
Development. This has been reviewed by Town Counsel, and the Department of
Housing and Community Development.
Selectman Richard Schubert expressed concern about the 120 day provision whereby a
buyer has 120 days to sell to another eligible buyer and if not successful, then the Town
had the right of first refusal where the.unit would come out of the affordability. The
Town Manager indicated that is the maximum period that the DHCD approved, and that
is included in all regulatory agreements for affordable housing in Reading.
- Selectman Ben Tafoya noted that may be a reason to keep a certain amount of money in
the Affordable Housing Trust Funds so the Town will have the ability to exercise this
provision if needed.
On motion by Tafoya seconded by Schubert, the Board voted to authorize the
Chairman, or in his absence the Vice Chairman, to sign the documents entitled
"Local Initiative Program Regulatory A¢reement and Declaration of Restrictive
Covenants for Ownership Project" for the Johnson Woods project, and any and all
other documents needed to effectuate this LIP project, in substantially,the form as
presented, subject to final review and approval by Town Counsel and the
Massachusetts Department of Housing and Community Development. The motion
was approved by a vote of 4-0-0.
On motion by Anthony seconded by Tafoya, the Board voted to adjourn their
meeting of July 16,2007 at 7:10 p.m. by a vote of 4-0-0.
Respectfully submitted,
S etary