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Home My WebLink About2006-03-07 Board of Selectmen HandoutPage 1 of 1 Hechenbleikner, Peter From: John Sasso [sassojl@comcast.net] Sent: Monday, March 06, 2006 3:00 PM To: Hechenbleikner, Peter Cc: Tafoya, Ben; Reilly, Chris; Dick Howard; Jonathan Barnes; Neil Sullivan; Susan DeMatteo Subject: CPDC/BOS Joint Meeting(s) Peter, Unfortunately the CPDC is not going to be able to make the meeting tomorrow evening. I gave Ben a heads up. As an alternative I have been checking with the CPDC about the potential to start our March 13th meeting early (7pm) to allow for additional time (given S&S is a noticed public hearing at 8:30pm). As it stands right now I have not heard back from everyone, but in my discussions with Ben he said he was not going to be able to make it until 8pm anyhow. So it seems that we are not having much luck with getting additional time for both boards to find a time to meet. I am open to suggestions, and in the meantime will see if we can get a better response for the 13th (I am only checking with the CPDC right now). Regards, John Sasso D 3/6/2006 TOWN MANAGER'S REPORT Tuesday, March 07, 2006 • CPDC meeting on March 13 to discuss a request by the developer of Johnson Woods to "release" the back portion of the property earlier than the 7 year time frame provided in the zoning bylaw; Paula has developed a "running calendar" for the year for you - does this help the Board in planning its schedule? Water supply chart has been distributed to the Board of Selectmen this evening. It will go on the web site, be advertised in the media, and will be the subject of the next Board of Selectmen forum on March 14. We have received final approval of the closure of the landfill site. This is a big milestone for the community. On March 12 there will be a welcoming home ceremony at Taunton HS hosted by the Massachusetts National Guard to welcome home troops including the 272 Chemical Company from Camp Curtis Guild in Reading. • The TASC building in Reading has been sold to Nordic Properties. We will be having discussion with them as to their plans for the property. 1 received a check today from Verizon for $245,000 for the I-net construction. • 8 Walkers Brook Drive - The Fire Department has ordered Cumberland Farms to remove the underground gasoline tanks from the ground. ® Upcoming Board of Selectmen meeting agenda: rkshop with ,CPDC March 13 - Joint wo Review of PUD-R Zoning regulations as they apply to "Phase 2" of Johnson Woods; Review of Master Plan implementation; review of compliance issues (March 14, 2006 - BOS_Forum, 7130 3/21/2006 -WORKSHOP 7:00 Town Accountant - general discussion 7:30 Response to Management Letter - Invite FINCOM 8:00 Discussion - Water Supply Process for consideration of sale of land - Oakland Road Consideration of a band stand i. o-r 47.,,, tl st March 6, 2006 On March 12, at 11:00 a.m. the Massachusetts National Guard will be holding a welcome home ceremony for approximately 400 members of the 42"d Division. Units represented are Headquarters-Headquarters Battery, 42°d Division Artillery from Rehoboth, MA; Battery E, 101st Field Artillery (Target Acquisition) also from Rehoboth, MA; 272 Chemical Company from Reading, MA; and the 42nd Military Police Company from Chicopee, MA The members, of these units received mobilization orders and were deployed overseas in support of Operation Iraqi Freedom. Their duties included perfonning Forward Operating Base support and force protection missions in support of Central Command. A formal homecoming ceremony is scheduled at 11:00 a.m. at Taunton High School, 50 Williams Street, Taunton, MA 02780. You are cordially invited to attend this event. Please R.S.V.P. by calling the State Public Affairs Office at (508) 233-7260 or (508) 958-5651. In your response, please notify us if you plan on addressing the soldiers and their families. We are trying to keep this event focused on soldiers and family and would appreciate short speeches of around 3-5 minutes or less. Sincerely, Oliver J. Mason, Jr. Brigadier General, MANG The Adjutant General AOPftL Water Options for the Town of Reading Presentation to the Board of Selectmen March 7, 2006 Water source - summer Water source - winter Water quality • Fed/State • Taste • Hardness Treatment Plant Ipswich & supplemental from MWRA Only Ipswich Meets standards (personal preference) Old Plant = hard/very hard New Plant = moderately hard MWRA Only MWRA Only MWRA Meets standards (personal preference) Extremely soft Restrictions summer Restrictions winter Supply vulnerability Supply redundancy Required changes in water distribution Connection to local distribution system vulnerability Need for additional water storage Water rights • Ipswich • MWRA sources 3/7/2006 Ongoing odd/even plan; more extensive restrictions are required in local drought situation (May-Oct) Onizoinp odd/even plan Low/moderate (treatable) Yes - Ipswich & MWRA No change to system Low - system is supplied by two pipes underground from the Treatment Plant Desirable, but with MWRA as backup, this is not essential Retain existing rights (registration may be reduced to current usage) Retain rights to supplemental water Ongoing odd/even plan; more possible in regional drought situation odd/even plan Low No - Ipswich water would be available for emergency only (boil order) No change to system Low/moderate - system is supplied by only one MWRA pipe - above ground Desirable - MWRA even now is looking for some additional storage in this part of the system Retain water withdrawal rights only for emergency usage Retain existing rights (registration may be reduced to current usage) Water Options for the Town of Reading Presentation to the Board of Selectmen March 7, 2006 Local environmental impact Impact of water supply on ability to fix local environmental problem in the Ipswich basin Water conservation measures Water conservation Treatment Plant Reduced peak withdrawal through supplemental MWRA summer use Would be done quickly - funded by Reading water rate payers to the extent others are not responsible or identified Mandated - unchanged Paid directly via rate payers MWRA No negative impacts - full MWRA. use would eliminate use of the Ipswich River watershed as a water supply by Reading Uncertain - depends on who created the problem - this would become more of a State responsibility Mandated - unchanged Total costs during first ten years if capital is financed for 30 years Total costs during first forty years if capital is financed for 30 years Capital costs Operating costs MWRA buy-in costs Overall cost predictability Need for water reserve fund: Average 12%/yr more than MWRA Higher Lower Somewhat certain, once bids for construction are received. Operating costs are more controllable locally Unchanged because costs are more predictable and controllable locally 3/7/2006 2 Some grant funds available Average 10%/yr more than new Treatment Plant Lower Higher $7.6 million Less certain until buy-in is approved by all agencies - operating costs are less controllable locally Higher to soften unpredictable and locally uncontrollable MWRA operating costs 0 Water Options for the Town of Reading Presentation to the Board of Selectmen March 7, 2006 Time to implement Alternative land use Compost site use: Impact on neighborhood: Keep quality staff: Short term impact on staff. Certain - 2.5 years Recreation use of old lagoon area is possible Possible impact depending upon where the plant is built No change (except construction), depending ubon where the plant is built Yes - current 5 FTEs Reassign 3 FTEs to water (meter) distribution 3/7/2006 3 Uncertain - 2.5 years Possible recreation use of old lagoon area and the current Plant site No impact Possible impact on traffic if recreation uses are developed Yes - only 2 FTEs Keep existing plant running Water Options for the Town of Reading Presentation to the Board of Selectmen March 7, 2006 Summarv of chanaes to financial model Smooth out financing over 30 years instead of 20 years Incorporate new MWRA rate forecast - slight increase through FYI 5 overall: Mar. 2006 Dec.2005 Chance FY07 5.30% 13.17% -7.87% FY08 7.53% 6.74% 0.79% FY09 14.50% 7.98% 6.52% FYI 0 11.17% 4.30% 6.87% FYI 1 -0.17% 9,61% -9.78% FY12 2.30% -0.01% 2,31% FYI 3 4.66% 1.80% 2.86% FY14 1.47% 4.07% -2.60% FYI 5 2.67% 1.00% 1.67% 6.72% 6.62% 0.10% Summarv of financial model MWRA costs: 6% 7% 8% 9% Incremental cost to Reading Years 1-10 12% 12% 12% 11% water rate-payer of building a new water treatment plant: Years 1-20 9% 8% 7% 6% Years 1-30 6% 3% 0% 4% Years 1-40 1% 4% -10% -15% 0 Fax: (781) 942-5441 Website: www.ci.reading.ma.us Town of Reading 16 Lowell Street Reading, MA 01867-2683 Memorandum To: Peter Hechenbleilmer, From: Ted McIntire Date: March 3, 2006 Town Manager Re: Rubbish & Recycling Contract Working Group Recommendations PUBLIC WORKS (781) 942-9077 The Rubbish and Recycling Working Group met on February 23, 2006 and March 2, 2006. Following a comprehensive review of our current contracts for Rubbish Collection and Curbside Recycling services, the Ad Hoc committee voted to recommend the following changes to the bid specifications and contract terms: • Include a new bid alternate for rubbish/recycling contracts with a five-year duration. This will allow the Town to determine whether it can obtain a lower bid price from vendors since rubbish collection vehicles are usually amortized over a five year period. We will also solicit bids for contracts with a three-year base period and two one-year options. Include a price adjustment clause for diesel fuel based on 7% of the total monthly service charge. This will help the Town obtain a more competitive price since vendors will not have to inflate their bids to cover the risk of sharp cost increases for diesel fuel. The adjustment will be based on the price increase or dectease in the cost of diesel fuel for the New England region as measured by the U.S. Dept. of Energy, Energy Information Administration. Compactor Units - Include a bid alternate for furnishing and installing a 35 cu. yd. compactor unit. An alternate for the unit cost to haul a filled compactor to Covanta in Haverhill, MA is also included. • Include a bid alternate for a curbside leaf and lawn clipping collection to be held during 3 weeks during fall and 2 weeks during spring. Formerly, this was included in the base bid. • Include a bid alternate to determine the cost of having the successful recycling bidder supply new 64-gallon toter bins to all households participating in the Town recycling program. This will allow the Town to evaluate the affordability of this option if the single-stream recycling concept becomes a more widely accepted industry practice. /D • Expand the recycling contract scope of services to include the collection of plastic items #3 through 97. Currently, only plastic items #1 and #2 are included. The intent is to increase the tonnage of recyclable materials being collected in Town and be prepared for future DEP Approved Recycling Program (DARP) requirements. Number Material Examples 1 PET - polyethylene terephthalate soft drink bottles 2 HDPE - high density nolvethvlene mills iuRs 3 PVC- polyvinyl chloride shampoo bottles 4 LDPE - low density polyethylene margarine.tubs 5 PP - polypropylene yogurt containers 6 PS - polystyrene meat trays, hot cups 7 Other ketchup bottles Recycle Bank The committee also explored the feasibility of Recycle Bank, a new incentive-based program offered by Casella Waste Systems. Although the innovative program has the potential to boost the rate of material being recycled, it is still being tested in the Philadelphia, PA market. The company admits that the program is not currently offered in any Massachusetts communities and there are some "operational issues" to . be resolved. The Recycle Bank program would result in a substantial increase in the solid waste budget, making it an economically unfeasible option at the present time. Recycle Bank Estimated Incremental Cost Recycle Bank contract $192,384 Supply 64 gal. toter, administration of "points" program Additional Recycling Truck Route $176,000 Less: Potential Disposal Savings (Covanta) ($139,475) Diversion of 25% of 10,000 T. ~;a $55.79 Additional Cost for Recycle Bank Program $228,909 TOWN OF READING DEPARTMENT OF PUBLIC WORKS RUBBISH AND RECYCLING CONTRACTS BID SCHEDULE JULY 2, 2006 START DATE I Task I COMMENTS ! COMPLETION DATE COMPLETED 1 Develop Invitation for Bids (IFB) Fri. 2/17106 Ad Hoc Rubbish Working Group 2 Meeting First Meeting Thu. 2123/2006 3 Edit IFB Wed. 3/0112006 Rubbish Working Group Review/ 4 Recommendation to Town Manager Second Meeting Thu. 3/02/06 5 Town Manager/ BOS Review Tue. 3107/06 Submit Ad to Goods & Services 6 Bulletin 4:00 PM Deadline Wed. 3115/2006 7 Advertise IFB Goods & Services Bulletin and Mon. 3/20/2006 8 Bid Package Available 9 Pre-Bid Meeting Reading Chronicle 1:00.PM in Engineering Office 10:00 AM in BOS Room 10 Bid Opening 10:00 AM in BOS Room 11 Evaluate Bids/ Make Award Recommendation to Town Manager 12 13 14 15 Mon. 3/20/2006 Thu. 3/23/2006 Wed. 4/05/06 D Policy Establishing.an Economic Development Committee There is hereby established a five (5) member Economic Development (Committee) to advise the Community Planning and Development Commission(CPDC) and the Board of Selectmen on matters related to current and future economic development in the community. The purposes of the Committee are to: ♦ Advise the Board of Selectmen, the CPDC, and the Town Manager on matters of policy related but not limited to: o Develop an Economic Development Strategy consistent with the Master Plan and goals and objectives established periodically by the Board of Selectmen; o Within the Economic Development Strategy, work with staff to obtain additional State and Federal economic developmental grants; o Explore the need for and legality of forming a "property based" and/or "business based" Business Improvement District(s) funded by assessments on all businesses within the individual district(s); o To the extent feasible, encourage commercial development and office leases of downtown space consistent with the traditional atmosphere of a New England Village Center; o Advise the Board of Selectmen, CPDC, and any other Town agency or official as appropriate, on matters related to economic development in the community; o In order to achieve the above, review options to funding economic development activities in cooperation with other civic organizations. The Committee will be made up of five (5) members appointed for 3 year terms, so appointed that as even a number of terms shall expire in each year. In selecting the Committee membership of 5 members, the Board of Selectmen shall appoint all members and shall give consideration to members representing the following interests within the community: ♦ Member or designee of the Reading/North Reading Chamber of Commerce; ♦ Member or designee from the utilities serving the community, including electric, gas, internet access, cable TV, or others; ♦ Merchants or businesses from the downtown area of Reading; ♦ Representative of the School Department; ♦ residents of the community who do not represent the above groups, and who have expertise in planning, economic development, marketing, or other areas of expertise and experience which would assist the community in attracting appropriate businesses to the community and otherwise carrying out the mission of the Committee.. Subcommittees may be created by a vote of the Committee. Members of Subcommittees do not necessarily have to be members of the Committee. The Committee shall be advisory in all matters. Decisions as to whether or not to implement measures shall rest as appropriate with the Town Manager, the Board of Selectmen, the CPDC, or other body having jurisdiction in the matter. This Committee shall administratively fall within the Department of Community Services. Staff as available will be assigned by the Town Manager to work with the Committee. This committee shall sunset on June 30, 2012 unless renewed by the Board of Selectmen. Adopted 3-7-06 Air (11) Hechenbleikner, Peter From: McIntire, Ted Sent: Tuesday, March 07, 2006 10:43 AM To: Hechenbleikner, Peter; LeLacheur, Bob Subject: RE: Water Treatment Plant See comments in document, following each question. Ted -----Original Message----- From: Hechenbleikner, Peter Sent: Monday, March 06, 2006 4:59 PM To: LeLacheur, Bob; McIntire, Ted Subject: FW: Water Treatment Plant -----Original Message----- From: Steve Crampe [mailto:scrampe@crosofma.com] Sent: Monday, March 06, 2006 3:57 PM To: Town Manager Subject: Water Treatment Plant Peter, I was watching the discussion on the $24 Million dollar water treatment plant the other night. I heard POS and CONS from both sides. Questions How many other communities draw water from the Ipswich? - 13 How stable are their treatment plants? - Unknown Can Reading partner with the other, communities to create our own little water resource association? - The Town is considering purchasing 100% MWRA.water as an alternative to constructing a new water treatment plant. The Town had also considered purchasing water from the Town of Andover, but the MWRA option was more feasible in regards to constructability and implementability. If this is possible, What are the POS and CONS? Steve Crampe 12 Putnam Road Reading, MA 1 Page 1 of 3 Hechenbleikner, Peter From: cnj4@aol.com Sent: Tuesday, March 07, 2006 10:44 AM To: nomaII01867@comcast.net; nadams22@earthlink.net; Sue1bee@aol.com; mrskb2@comcast.net; heid ijerry@verizon. net; cebrungardt@comcast.net; robert.j.cahil I@ ban kofa merica.com; pegtcahill@yahoo.com; dcohen@chelseaha.com; emikate@comcast.net; pcollins@culligan.com; suecort@comcast.net; bcotter49@comcast.net; markfinbar@comcast.net; jennculbert@yahoo.com; dalessio23@comcast.net; jdalessio@jhancock.com; vandiemer@comcast.net; suegrav@comcast.net; bidcpa@comcast.net; mariannedowning@comcast.net; tipperdoyle@comcast.net; madynan@comcast.net; chickadeehilldaycare@comcast.net; Ipfarley@comcast.net; eteixandmatty@aol.com; rfischer37@comcast.net; kate01867@aol.com; andreagarb@comcast.net; gass.m@comcast.net; pmgentile@gmail.com; nkgmpg@comcast.net; wgillis@donovanhatem,com; bfa12@comcast.net; michealy@comcast.net; thealy@glaceau.com; barbarajhenry@msn.com; greenjasmine@comcast.net; michelle.hopkinson@comcast.net; Lisa_lapicca@hphc.org; khkeen@aol.com; phil.kluge@transactionresources.com; kerrykreppein@hotmail.com; jbkrogh@verizon.net; lanesfour@comcast.net; clattanzi@comcast.net; vovka0@verizon.net; eward@ix.netcom.com; mjlusk@comcast.net; John_Malley@dfci.harvard.edu; GOLFPAUL1 @aol.com; c4mccormick@comcast.net; mcgoldrick32@comcast.net; bdmckee35@verizon.net; orr4ever@hotmail.com; kate.menzie@verizon.net; mmerullo@comcast.net; karamiele@comcast.net; PauIM@prostartinc.com; armodica@comcast.net; nmorley@comcast.net; gerri under@comcast. net; murph786@comcast.net; drew@pride-com.com; etobrien@comcast.net Cc: ben@planetnw.com; Reading - Selectmen Subject: CARE LETTER TO LOCAL NEWSPAPERS: SUGGESTIONS Good morning: I read the attached letter that was sent to the Advocate and the Chronicle. Several compelling points were presented. However, it is troubling that the author (s) of that letter failed to play the "safety card." The fact of the matter is that the developer does not know what the accident rate is or its trend direction at the intersection of Main and South streets (see www.PRESERVE.ws for details).'Further, the developer has made no effort to determine the safety impact of a redesigned signalized intersection at this location (There are analytical means to estimate this effect). In other words, the Reading Board of Selectmen (BoS) do not have the foggiest idea about safety impacts at this intersection. You might assume they would show some interest in the matter since they are roadway commissioners for the town. There may be legal liability issues if it could be shown that the BoS was negligent given that they were aware of this situation (I can provide references on this point if you are interested). The letter does not take account of the fact that the developer?s traffic study was peer reviewed. The result of that review was a "rubber stamp" of approval (i.e., a "free pass" to a . fellow civil engineer). In the meantime, the developer never misses a chance to proclaim that his traffic study was peer reviewed (i.e., that it's OK). What are you folks doing to negate that propaganda? Why are you holding back? It's unfortunate that the BoS hired an incompetent peer reviewer. However, that's no reason not to go after the peer reviewer because it is in your best interests. Do you, as a group, want to "let the peer reviewer off the hook?" By the way, ask the BoS who paid the peer reviewer's salary. Was it the developer? You- might want to convince the BoS and/or the CPDC to hold a public meeting soon, and 0 3/7/2006 Page 2 of 3 invite the developer and the peer reviewer to defend their erroneous assumptions and flawed results. The results of this session might impress Town Meeting members and provide excellent ammunition. Why not use it? Regards, Jeff Jeffrey H. Everson, Ph.D. Principal Investigator, Intelligent Transportation Systems (ITS) Member: PRESERVE, 193/95 Task Force, 781-944-3632 (home); 781-684-4247 (work); cnj4@aol.com -----Original Message----- From: nomaII01867 <nomaII01867@comcast.net> To: nadams22@earthlink.net; Suelbee@aol.com; mrskb2@comcast.net; heidijerry@verizon.net; Christine Brungardt <cebrungardt@comcast.net>; robert.j.cahill @bankofamerica.com; Peg Cahill <pegtcahill@yahoo.com>; dcohen@chelseaha.com; Peter Collins <emikate@comcast.net>; pcollins@culligan.com; Susan Cort <suecort@comcast.net>; bcotter49@comcast.net; markfinbar@comcast.net; jennculbert@yahoo.com; Lisa D'Alessio <dalessio23@comcast.net>; jdalessio@jhancock.com; Laura and Chris Diemer <vandiemer@comcast.net>; suegrav@comcast.net; bldcpa@comcast.net; Marianne Downing <mariannedowning@comcast.net>; tipperdoyle@comcast.net; Meghan Dynan <madynan@comcast.net>; chickadeehilldaycare@comcast.net; cnj4@aol.com; Liz Farley <lpfarley@comcast.net>; eteixandmatty@aol.com; rfischer37@comcast.net; kate01867@aol.com; andreagarb@comcast.net; katy gass <gass.m @comcast.net>; Paula G <pmgentile@gmail.com>; nkgmpg@comcast.net; wgillis@donovanhatem.com; bfal2@comcast.net; michealy@comcast.net; Thomas Healy <thealy@glaceau.com>; Barbara Henry <barbarajhenry@msn.com>; greenjasmine@comcast.net; Michelle Hopkinson <michelle.hopkinson@comcast.net>; Lisa_Iapicca@hphc.org; khkeen@aol.com; phil.kluge@transactionresources.com; Kerry Kreppein <kerrykreppein@hotmail.com>; jbkrogh <jbkrogh@verizon.net>; lanesfou r@comcast. net; Corey Lattanzi <caattanzi@comcast.net>; vovka0@verizon.net; eward@ix.netcom.com; Janet <mjlusk@comcast.net>; Malley, John <John_Malley@dfci.harvard.edu>; GOLFPAULI@aol.com; c4mccormick@comcast.net; Ann & Jeff McGoldrick <mcgoldrick32@comcast.net>; bdmckee35@verizon.net; Mark McKie <orr4ever@hotmail.com>; Kate Menzie <kate.menzie@verizon.net>; Michael Merullo <mmerullo@comcast.net>; Kara Miele <karamiele@comcast.net>; Paul Missert < PauIM@prostartinc.com>; Alice R Modica <armodica@comcast.net>; Nancy Morley <nmorley@comcast.net>; Gerri & Bertie Mullin <gerriunder@comcast.net>; murph786@comcast.net; drew@pride-com.com; The O'Briens <etobrien@comcast. net> Sent: Mon, 6 Mar 2006 10:54:12 -0500 Subject: Reading CARE update Hello, The attached letter was sent to the Chronicle and Advocate and was mailed to every Town Meeting member yesterday. We asked the newspapers print it in this week. If you do not see it this week, please call the papers (Chronicle-781-944-2200, Advocate-978-371-5744) and ask why they chose not to run it. Remember, the newspapers ran many articles promoting the mall. To date Reading CARE.has 221 endorsers and 168 signers (Endorsers are people who replied to the link on the web-site and signers are people that responded to the email requesting that their name can be used in print or ads). Considering we had 15 names 10 days ago, that is terrific. 3/7/2006 Page 3 of 3 Many of you have asked how you can help. Here's how - please ask 10 neighbors and friends to authorize their names to be used as signers in print or ads supporting Reading CARE. Please ask them to visit www.nomaII0867.com for information. Please reply with the new names this week. We have 168 signers today, next week we want 500. It really makes a big impression when the Reading CARE letters get mailed to Town Meeting members and they see two or three pages of names attached. Thanks again. I look forward to receiving all the new names this week. Jay Lenox 781-944-1041 AM& 1007 3/7/2006 Page 1 of 1 Hechenbleikner, Peter From: Camille Anthony [canthony@ftmc.netj Sent: Friday, March 03, 2006 2:55 PM To: Reading - Selectmen; Hechenbleikner, Peter Subject: Downtown Parking Food For Thought!! Last night I had a substance abuse subcommittee meeting at my house, and one of the members talked about the ONE hour parking downtown. She maintains that she doesn't do all of the shopping that she could downtown because she runs out of time. Another member suggested having a few spots that could be 15 or 30 minutes intermingled with the TWO hour. This a.m. at 8:00 at the Y I was approached by a woman who has gotten a ticket for her last two hair appointments at Hair Plus. She was going to do more shopping downtown, but went elsewhere. She said there were many open spaces on Haven. It is evident to me that having one hour is definitely losing business for our downtown merchants. On Tuesday night I would like to discuss a process for changing some areas to 2 hours and some for shorter periods. Pete, have a great weekend and celebrate!! Susan should come to the Clarks for dinner! Camille Anthony 3/6/2006 0 Hechenbleikner, Peter From: nancy schena [schena2@hotmail.comj Sent: Monday, March 06, 2006 4:02 PM To: Reading - Selectmen Subject: addison wesley project We wish to advise the Board of Selectmen that we oppose the ."mall" proposed for the Addison Wesley site. We support C.A.R.E. and look forward to keeping Reading from becoming a Burlington or a Rte.l eyesore. As proposed by a resident, why not investigate the use of the funds designated.by a donor for a medical/hospital site to be used at this site combined with a purchase by the town for recreational land to supplement the already stretched schedule of our current spaces. Many thanks for your attention. Lewis and Nancy Schena 1 19 Hechenblefter, Peter From: Steve Crampe [scrampe@crosofma.com] Sent: Monday, March 06, 2006 3:57 PM To: Town Manager Subject: Water Treatment Plant Peter, I was watching the discussion on the $24 Million dollar water treatment plant the other night. I heard POS and CONS from both sides. Questions How many other communities draw water from the Ipswich? How stable are their treatment plants? Can Reading partner with the other communities to create our own little water resource association? If this is possible, What are the POS and CONS? Steve Crampe 12 Putnam Road Reading, MA 1 Q Hechenbleikner, Peter From: Hechenbleikner, Peter Sent: Monday, March 06, 2006 5:02 PM To: 'pr2835@110.net'; Anthony, Camille Cc: Bonazoli, James; JSeagrams@aol.com; Tafoya, Ben Subject: RE: Jordan's Circus Scott The Town is responsible for enforcing these codes. We do not yet know that Jordan's is not in compliance with the code. That is what we are fining out by using a code consultant. If, after we get the report from the code consultant we need Town Counsel's assistance in this matter we won't hesitate to do so. Thanks for the email. Pete -----Original Message----- From: Scott D. Miller [mailto:pr2B35@110.net] Sent: Monday, March 06, 2006 3:45 PM To: Hechenbleikner, Peter; Anthony, Camille Cc: Bonazoli, James; JSeagrams@aol.com; Tafoya, Ben Subject: Re: Jordan's Circus I don't understand the need for further study (who's paying for this?). Regardless of their intent to "correct" the illegality, the lighting on the facade is out of compliance with 780 CMR 1308.7. I believe the penalty for noncompliance is $300 per day. I do understand that the lighting consultant concluded the facade lighting is out of compliance. To date I have not seen any evidence that the Town has enforced the state law. Is the Town obligated to enforce state law? If the answer is yes, then why has it not been enforced? Maybe my compliance questions should be answered by Town Counsel. In fact, Mr. Reilly stated (some time ago) that all further communications between him and me would cease and that any future communications would involve Town Counsel. To date, I have not heard from Town Counsel. Please advise. On Thu, 02 Mar 2006 12:23:05 -0500, Hechenbleikner, Peter <phechenbleikner@ci.reading.ma.us> wrote: > The update that I gave the Board of Selectmen last Tuesday is that > - the 6 shoebox fixtures were ordered on January 30th. The scheduled > delivery is. 6 to 8 weeks. ( They need to be sent out for painting in > order to match the existing white finish ) > - The consultant has been hired on the code compliance issue on the > fagade. I should have their report in a couple of weeks. > Pete > -----Original Message----- > From: Camille Anthony [mailto:canthony@ftmc.net] > Sent: Friday, February 24, 2006 12:14 PM > To: pr2835@110.net > Cc: Hechenbleikner, Peter; Bonazoli, James > Subject: RE: Jordans Circus > Scott: OV 1 > James & I have asked for an update from Peter which is forthcoming. I > will get back to you as to the status of your questions as well we any > other info available. > Camille Anthony > -----Original Message----- > From: Scott D. Miller [mailto:pr2835@110.net] > Sent: Friday, February 24, 2006 11:18 AM > To: cwanthony@ci.reading.ma.us > Subject: Jordans Circus > Please provide a comprehensive update (i.e., timeline) on the following: > 1. all communications between all relevant parties regarding the > status > of the lighting and proposed mitigation > 2. enforcement of 780 CMR 1308.7 > 3. all other relevant information not identified in 1 and 2 > I haven't heard anything from the Town Manager in weeks. > Please advise as soon as possible. 2 D ch 11. o_rial 1 Nlar 1 7:00pm ►orial March Tl t 14;30am I Mach j NWCh 12h ~ 12~ °.on I n. °rial` Charlotte Lane StaMer who ~.tY3agge~ Church• whose fu►erals "we celebrated. iary lc-arr}la nilies. from the arch ecialist ily support n otecting our ChfidreW' d, will sperm ° , TAT ~ a4p e envaoent fax y the Archdiocese of oston establish a saf issues of potex al bow how to address Teams the CCD aes, the FandAY Liturgy All p~shioners are { th 'V61ce of the F~ rtant ;~o~atian session. and bread on Fnday, s citations of the Croce 1e Lenten meal of soup Coss follo`ing at L stations of the Crol , to sign up venter wath i at 781-9 ^olteen 1}i aite qu yght help. 7:30pm in the Lower Church to larch 8 ertou• n" by Thom- M card every Monday and Wednesday j_U be +hP Lower Church, 7.34pna the Paris CCD dews h C~►ter. MandaY, march ~ . . CCD Board M~ ed this . . nk ou to our youth was° s ational sta vial tha y eat'. A spe t~s always, oath staff youth News etr our y conf...?. ~°n R t. Candidates. group on e to the youth from trend's Con6r~ation Retreat past wee God's goodness to a welcome to c° t and take a bred anon. laYang A31 teenagers 14:00pm to hang 011 inform an re ember: more Item s from 7:00pm' 4q-4.355 for rn Sundays and Tuesday Call David at 781-9 Your hectic schedules. simple has 7mg i parishuxsing love your unity phbnr is alish so ag Community of Jesias to loves fivyears,. yew, nei The message For the p of social ve sex at times so hard to lidut this into acct es m parish been a vehicle to helped overis 5, m 444 h urs Of advocacy are . able to Com iuncial sect about ne1~bm°e~ maiIontenance ' health we le p1og -ram. its doors July ort, this val'aab geading town will close ent to supp olution that request the supP°rt of pursing t from. town g°vernm the res for th more , ox come tm d~h Siga on to aver money F What can You 54,444.40 floc g About Neiobor* eut to authorize Nei0bor goverrun , Parish Nursing -2022• CarnmunatY s °f£ice at781-94,2 ;osfoxmation call 01141 tU,re of St. Ignatius L0,01a Le The spirituarity Center the series 5t. Athanasius parish 34Pm next lecture mthe gpiritual ~.arCh 22~ ttee presexats ~ ,Wtdnesda'Y5 F~ucation Com hod in our LivesubettiXS Ci` an The Adult is For You- Fmduig by -FT. Julio tuality since 24 1e 1vSY Saul Tyuts with atian help PeOp L~ itians of Our Faath"College's Center for lgn Spin vision can Trail "Thth e do, but also Join f r been the head of g°st°titian Spmtual~tY: - say of lgn not only what developrnen has his to d their lives. It helps own spin ,a~aderstan _ ously -into then them gently during nt and bring a?ed• this even7ag 0(NVoNVk MASSACHUSETTS MUNICIPAL ASSOCIATION C ~S ONE WINTHROP SQUARE, BOSTON, MA 02110 617-426-7272 0 800-882-1498 • fax 617-695-1314 • www.mma.org r,.~' 91e Atl 11- 'it W i1A At1 , 8 Dear Local Official, March 2, 2006 The Massachusetts Municipal Association is pleased to announce its 2006 Spring Regional Update Meetings. The meetings will be held in five locations throughout the Commonwealth during March and April. In addition, we will be working with the Cape Cod Selectmen's and Councilors' Association to make a special presentation at an upcoming meeting of their Association. This is our 121h year holding these informative meetings, which are free and open to all local officials. The sessions will cover the latest information you need to know about happenings on Beacon Hill, and will include a light dinner and the chance to meet with your colleagues from across the region. With the release the Governor's budget, the fiscal year 2007 budget season has begun. As he first mentioned at the MMA's Annual Meeting in January, Governor Romney has proposed to immediately end the diversion of Lottery funds and uncap the discretionary municipal aid account that has been capped since fiscal year 2003. According to the Governor, this would mean an additional $158 million for cities and towns in the upcoming fiscal year. Now, the challenge is to get the Legislature to maintain this language in their version of the budget, expected to be released and debated in mid-April. In addition to a discussion of key local aid accounts in the FY '07 budget, MMA staff will provide a legislative update highlighting several issues of importance to local government including the Chapter 70 school funding formula, the school building assistance program and health insurance reform. The sessions will feature useful handouts and background materials to help you prepare your budgets for next year and make informed decisions on new and emerging issues facing local government. In addition, we also hope to hear from you at these meetings. It is important for us to know what you are dealing with and experiencing at the local level. This information is invaluable as we seek to represent you at the State House. We realize that this is a busy time of year for local officials, and these regional meetings are intended to be extremely productive and useful as you address major issues in your hometown. The sessions will provide you with a chance to network with your colleagues from other communities in your region, and will offer the opportunity to discuss your thoughts and ideas for ensuring that state leaders prioritize municipal needs. It is vital that we hear from you so that we may help convey your message to state officials. We look forward to seeing you at one of the meetings. For our planning purposes, we ask that you register using the enclosed form. If you have any questions, please call Christine Hevelone-Byler at (800) 882-1498 ext. 104 at any time. Thank you very much. Si ere , % Geoff Beckwith Executive Director CONTRACTOR'S EXPERIENCE Project Location Number of Subsidy Type Name Units Program Construction Rent lr Total Development Cost Date of Completion Reference: Name & Phone 18 10/1/03 Marketing and Lottery Plans 1. Marketing Plan Please provide on a separate sheet a marketing plan in accordance with the LIP Guidelines. The marketing plan should be designed to reach all segments of the eligible population within the HUD region (see Appendix 8 of the Guidelines), should be specific to the project, and should contain sufficient information on; project size, unit mix, number and type (number of bedrooms) of affordable units, sales price or rent level, selection process for affordable units (e g, lottery to be held), maximum qualifying income for the affordable units, local preference percentage and criteria (if any), and sales agent information, including telephone number. Describe the proposed time frame for marketing activities. The marketing plan also needs to include a narrative on outreach to minority populations in the HUD region (Appendix C of Guidelines), including but not limited to: use of newspapers, notice to social service, religious, andjor civic organizations, employers or employer organizations, organizations offering homebuyer education programs, and public meetings 2. Proposed Lottery Process for Affordable Units A lottery process is most often used to achieve fair and open access to the project's affordable units On a separate sheet, provide a description of the lottery process for this project that includes information on: o income eligibility a the application process o where, when, and how to obtain an application o plans for public meetings to be held to explain the lottery process o preference categories including the number of units in each category o who will oversee the lottery process Refer to page 18 of the UP Guidelines to prepare the description. 19 10/1/03 Checklist of Attachments A. [ Letter of support signed by Chief Elected Official of municipality: Town. Warrant Background Analysis N/A ❑ Letter of support from local housing partnership (if applicable) C p' Signed letter of interest from a construction lender (see Instructions) ❑ Map of community showing location of site (see Instructions) D Directions to site from 193 or 190 in Boston or from nearest train station if appropriate (please do not use MapQuest or MapBlast) N/A F71 Check payable to DHCD N/A ❑ Rationale for calculation of affordable purchase prices or rents (see Instructions) E Copy of site control documentation (deed or Purchase & Sale or option agreement) F (2' Last arms length transaction or current appraisal under by-right zoning N/A ❑ 21E summary (if applicable) F a Photograph of existing building(s) and/or site Er Site Plan showing location of affordable units p' Sample floor plans and/or sample elevations N/A ❑ Marketing plan including plan for outreach to minorities N/A ❑ Lottery plan V Town of Reading: Confirmation of Water & Sewer services. 18 10/1/03 0 ~6ckty-) ~ ~J P RHA: 75 Pleasant Street BACKGROUND OF 75 PLEASANT STREET DEVELOPMENT PLANS The Reading Housing Authority (RHA) is seeking to develop land located at 75 Pleasant Street with additional affordable housing. An outline of RNA's ownership is as follow: I. Town's Agreement to Purchase Lot In November 1999, the Town of Reading had an agreement to purchase 75 Pleasant Street. This lot is adjacent to the Senior Center and Town parking. The Town wanted to increase parking in the downtown area. The need for additional parking has been long identified by the Town, business owners and residents. Then Town did not then have funds for this purchase. H. Memorandum of Understanding with 3 Year Waiting Period Therefore, Town requested that the RHA purchase 75 Pleasant Street as the Town's designee. A Memorandum of Understanding was executed by and between the RHA and the Town whereby the parties agreed that (1) the Town would designate the RHA as its designee to purchase the property, (2) the RHA would purchase the property using its own resources independent of Town resources, (3) RHA and the Town would work to develop a plan to develop parking while maintaining or increasing affordable housing on this site and (4) RHA. agreed that for a waiting period of 3 years it would work with the Town to negotiate the acquisition for consideration a portion of the lot for parking. It was understood by the Town and the RHA that the house on 75 Pleasant Street was in need of extensive renovation in the long term. The RHA Board agreed to this arrangement because it appeared we could simultaneously help the Town and add Page 1 of 4 RHA: 75 Pleasant Street affordable units. Although the house was in disrepair, the large lot offered the possibility of developing more housing units on this site, especially if the Town was unable to free up resources to acquire a portion of the lot. It is a continual quest for RHA to obtain land in town for new affordable housing. Most years we are offered donated houses about to be torn down. The problem is that we do not have land on which to move them. (Note: During this period, the Historic Commission objected to the demolition of the former Police Station. RHA worked with the Historic Commission and developed plans to preserve the building and include housing therein. This proposal was rejected and the Town demolished the structure for parking.) III. RRA Begins Development Plans The Town was not able to acquire a portion of 75 Pleasant Street during those three years. In early 2003, when that time period expired, RHA began planning development on this site. Our original idea envisioned 6 new townhouse units laid out down the slope of the existing lot. Town staff requested that we instead consider a land swap with the Town, exchanging a back portion of 75 Pleasant Street for a front portion of the present Town parking adjacent to the Senior Center. This would provide a more appealing streetscape. The housing would be set along Pleasant Street and the Town parking would be set behind. Only at the time of our public information sessions with the neighborhood were we informed that the Historic Commission had listed this home on the Town's List of Page 2 of 4 RHA: 75 Pleasant Street Historical and Architectural Inventory of Reading. At the public information sessions, we had provided a plan where RHA would raze the existing structure and construct 6 new townhouse units. During those sessions, we presented estimates of approximately $350,000.00 as the cost of renovation of the existing house. The Historic Commission objected to these figures as being too high. As a result, we agreed to work with the Historic Commission, work on renovation during our bidding phase, and to try to preserve the home. The RHA agreed to attempt to save the building if we were able after receiving more definite costs during the bidding process. IV. Land Swap Town Meeting approved RNA's article at the April 2004 session authorizing the Selectmen to conduct a land swap of a portion of 75 Pleasant Street for a portion of the parking lot next door. V. Bidding Process Even though our proposed project is entirely funded by RHA funds (construction loan), our bidding process is regulated by DHCD (Dept of Housing and Community Development). We have bid the project and have an architect who has created plans and detailed estimated costs. During the bidding process we asked our architect to provide detailed cost. estimates preserving the building. These costs for a scaled back renovation exceed our initial estimates for renovation. Based on this, our architect has advised us that we should not save the existing house. Page 3 of 4 RHA: 75 Pleasant Street If we were to preserve the existing house rather than build new, we will spend more and have inferior housing in terms of maintenance. We cannot justify or afford this expenditure. VI. Where We are Now We have met with the Historic Commission to inform them of the advice of our architect. We presented them with detailed itemized cost estimations. Further, the proposed plans that save the house are insufficient to the Historic Commission because it is essential a "gut rehab". The Historic Commission has objected to any rehab that disturbs the original material (e.g., walls, ceilings) even that which has long been covered. We have been waiting since January 2000 to make a decision on how to proceed with this house and lot and we really need to move this project forward. VII. Conclusion RHA respectfully requests that the Board of Selectmen: A. Continue supporting the RHA in the spirit of the Memorandum of Understanding and join with us in a LIP to develop 6 new units at 75 Pleasant Street, which includes the land swap. B. Approve an expenditure from the Affordable Housing Trust Fund in an amount up to $250,000.00 to help make this project affordable. C. Alternatively, we ask the Board of Selectmen to join with us in a LIP for 4 new units as part of a land swap on the front portion of the existing Town Parking. As that project goes forward, we can work with the Town and the Historic Commission to find another solution for the house at 75 Pleasant Street. Page 4 of 4 b k' Recalculation of Project- 4 new units only Sept.05_ Option 3 Computation of net income of Project 4-3BR Units Mortgage Term in Mo nths 360 ***Actual Stick Construction Purchase/const cost $650,000 July 05 project Raze Exist Bldg $0 $120 sq ft x 1500 sq ft=$180,000 Legal & Permit $7,500 Monthly per unit cost (includes site work) Current Mtge $0 Interest rate 6.00% DEP compliance $25,000 **RHA plans include estimated Site work - Parking $45,000 cost structure of $126.25 per Site work - 4 units $30,000 elec-sewer etc sq. ft. x 1360 sq ft = $171,700 $757,500 ($189,375. per unit cost) per unit cost (includes site work) Less: Aff trst contrib. $ (180,000.00) Expected Mtg $577,500 Monthly Payments $3,463 Income: Rent per unit w/o Monthly Rent: # of Units utilities a@6/05 one bedroom 0 $990 $0 two bedroom 0 $1,110 $0 three bedroom 4 $1,306 $5,224 **assume gas heat, Total income 4 $5,224 electric cooking Income over mortgage costs $1,761 Operating Costs Basis: Actual 2005 P&L (used since 0% funding level) Number of Units.... 4 Annl Unit C Annual Expense Insurance $665 $2,660 $221.67 Pilot taxes $143 $572 $47.67 Est. Maint Materials & contracts $271 $1,084 $90 Capital Reserve of rent)......... - 5.00% $261.20 Vacancy Allowance of rent)... - 2.50% $130.60 Heat & Util.-(Pd by tenant) water $0 $0 $0 Other- $181 $724 $60 Total Direct Costs $811.80 Net income after direct operating expenses $949 Allocation basis-current units + 4 Allocation of Maint. Labor $1,353 Allocation of RHA - G & A costs $900 Allocation of employee benefits $1,025 Total Indirect Costs Net income after fully loaded costs Annualized net income after direct Ops. Exper Annualized net income, fully loaded expenses $5,412 $3,600 $4,100 $13,112 ses $451 $300 $342 $1,093 ($1431 $11,390 ($1,722) Schematic esig ase Sulbmission COST ESTIMATE Reading Housing Authority leading, 75 Pleasant,9treet Proposed Muli-Unit Modular Housing DHCD Project No. 196019 Prepared For: Brown, Lindquist, Fenuccio & Raber Architects, Inc. 923 Main Street Yarmouthport, MA 02675 (508) 362-8382 FAX: (508) 362-2828 Prepared By: A. M. Fogarty & Associates, Inc. 175 Derby Street - Suite 5 Hingham, MA 02043 (781) 749-7272 FAX: (781) 740-2652 28-Nov-05 AA6 Dk Vb1 P 4 175 Derby St., Suite 5, Hingham, MA 02043 A ~j ® ar TEL: (781) p 749-7272 a Fg•Xr 81);T40=2'6 - s o JL _ tim®amfo a co!ri & Assoc., Inc. "Construction Cost Consultants" ' 0: 0 Reading Housing Authority Reading, MA November 28, 2005 75 Pleasant Street Proposed Muli-Unit Modular Housing DHCD Project No. 196019 Schematic Design Phase Submission GRAND SUMMARY SITE UNITS 1-4-NEW CONSTRUCTION TOTAL CONSTRUCTION COST ALTERNATES ALTERNATE NO. 1 - ADD ROOF OVER BACK ENTRY ALTERNATE NO. 2 - ADD MUNICIPAL PARKING LOT *EXCLUDES HAZARDOUS WASTE REMOVAL *EXCLUDES STRUCTURAL FILL AT LEDGE REMOVAL *EXCLUDES WORK AT UNITS 5 & 6 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xis 12/7/200512:43 PM $137,296 $893,079 $1,030,375 $14,414 $98,047 Page 1 PROJECT: Reading Housing Authority a C 12 P 10: 01 LOCATION: Reading, MA - CLIENT: Brown, Lindquist, Fenuccio & Raber Architects, Inc. DATE: 28-Nov-05 ` No.: 05115 SITE Construction Schedule: Calendar Months SUMMARY DIVISION PERCENT COST TOTAL OF PROJECT PER SF DIVISION I - GENERAL CONDITIONS 7,709 6% 0.00 DIVISION 2 - SITEWORK 112,305 82% 0.00 DIVISION 3 - CONCRETE 0 0% 0.00 DIVISION 4 - UNIT MASONRY 0 0% 0.00 DIVISION 5 - METALS 0 0% 0.00 - MISCELLANEOUS METALS 0 0% 0.00 DIVISION 6 - WOOD AND PLASTICS 0 0% 0.00 DIVISION 7 - THERMAL MOISTURE PROTECTION 0 0% 0.00 - WATRPRF,DAMPRF,& CAULKING 0 0% 0.00 - ROOFING & FLASHING 0 0% 0.00 DIVISION 8 - DOORS AND WINDOWS 0 0% 0.00 - DOORS, WINDOWS AND SHUTTERS 0 0% 0.00 - GLASS & GLAZING 0 0% 0.00 DIVISION 9 - FINISHES - GYPSUM DRYWALL 0 0% 0.00 - TILE 0 0% 0.00 - ACOUSTICAL TILE 0 0% 0.00 - WOOD FLOORING 0 0% 0.00 - RESILIENT FLOORING 0 0% 0.00 - CARPET 0 0% 0.00 - PAINTING 0 0% 0.00 DIVISION 10 - SPECIALTIES 0 0% 0.00 DIVISION 11 - EQUIPMENT 0 0% 0.00 DIVISION 12 - FURNISHINGS 0 0% 0.00 DIVISION 13 - SPECIAL CONSTRUCTION 0 0% 0.00 DIVISION 14 - CONVEYING SYSTEMS 0 0% 0.00 - PASSENGER ELEVATOR 0 0% 0.00 DIVISION 15 - MECHANICAL 0.00 - PLUMBING 0 0% 0.00 - FIRE PROTECTION 0 0% 0.00 - HVAC 0 0% 0.00 DIVISION 16 - ELECTRICAL 0 0% 0.00 SUBTOTAL 120,014 0.00 OVERHEAD & PROFIT 10% 12,001 9% 0.00 SUBTOTAL 132,015 0.00 DESIGN CONTINGENCY 0% 0 0% 0.00 SUBTOTAL 132,015 0.00 ESCALATION (SUMMER 2006) 4% 5,281 4% 0.00 TOTAL 137,296 100% 0.00 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xls 12/7/200512:43 PM Page 2 Reading Housing Authority - Site DESCRIPTION DIVISION 1 - GENERAL CONDITIONS General Conditions (6%" of project total) DIVISION 2 - SITEWORK 02060 DEMOLITION Site: Misc. utilities Clear existing site Construction fence Misc. site demolition 02070 HAZARDOUS WASTE REMOVAL 02100 SITE PREPARATION Erosion control Protect trees to remain Strip & stack topsoil 02200 EARTHWORK Site grading 6" Gravel base - walks 8" Gravel base - drives Misc. earthwork *Excludes ledge removal 02500 PAVING Concrete Entry/walk Concrete walk @ street Concrete walk - residence Concrete patio Street patch @ utilities Bit. Parking - 14 spaces Bit. Drive/parking - Municipal Lot HC van markings Pavement striping Curb cut QUANTITY UNIT UNIT COST 1 LS 11/28/264 'LE C 12 P 10: 0 ~i TOTAL 7,709 7,709 1 LS 2,000.00 2,000 1 LS 4,000.00 4,000 425 LF 11.00 4,675 1 LS 1,500.00 1,500 NIC 515 LF 3.15 1,622 1 LS 500.00 500 347 CY 2.30 798 1 LS 5,000.00 5,000 43 CY 24.00 1,032 22 CY 22.00 484 1 LS 5,000.00 5,000 756 SF 3.80 2,873 700 SF 3.80 2,660 404 SF 3.80 1,535 480 SF 4.00 1,920 1 LS 2,500.00 2,500 350 SY 18.00 6,300 (See Alternate No. 2) 2 EA 125.00 250 180 LF 1.20 216 2 EA 1,500.00 3,000 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xls12/7/200512:43 PM Page 3 Reading Housing Authority - Site DESCRIPTION Curb (a), street *Excludes patio pavement 02600 SITE UTILITIES Water: Dom. water line Gate valve Street connection *Excludes separate fire service line Sewer: Sewer line Street connection Building Drainage: Roof drain line Downspout splash block Foundation drain Gas: -By Others Electrical: Overhead electrical - By Others Parking Drainage: 02800 SITE IMPROVEMENTS Fence - 4' Gate in Fence - sgl Misc. site improvements 02900 LANDSCAPING, LOAM AND SEEDING Loam & seed Plantings - allowance QUANTITY UNIT UNIT COST 160 LF 28.00 160 LF 1 EA 1 EA 160 LF 1 EA Not included 12 EA 250 LF 11/28/2005 r r rr~~ 1 ,k.., %--C 12 P 10: 0 U TOTAL 4,480 36.00 5,760 800.00 800 3,500.00 3,500 40.00 6,400 2,500.00 2,500 50.00 600 24.00 6,000 (See Alternate No. 2) 104 LF 45.00 4,680 4 EA 1,000.00 4,000 1 LS 5,000.00 5,000 1,040 SY 5.50 1 LS 15,000.00 5,720 15,000 112,305 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 1 1.05.x1s1217/200512:43 PM Page 4 PROJECT: Reading Housing Authority No. OF G.SQ. FT.: 8,160. tu' J i'LC 2 P 10 : C LOCATION: Reading, MA COST PER G.SQ. FT.: , 0 $109A5 CLIENT: Brown, Lindquist, Fenuccio & Raber Architects, Inc. DATE: 28-Nov-05 S.F. W/OUT BASEMENT 5,440 npir OST PER G.SQ. FT.: C $164.17: - No.: 05115 UNITS 1-4 - NEW CONSTRUCTION. J Construction Schedule: Calendar Months SUMMARY DIVISION PERCENT COST TOTAL OF PROJECT PER SF DIVISION 1 - GENERAL CONDITIONS 50,143 6% 6.14 DIVISION 2 - SITEWORK 12,859 1% 1.58 DIVISION 3 - CONCRETE 56,906 6% 6.97 DIVISION 4 - UNIT MASONRY 0 0% 0.00 DIVISION 5 - METALS 690 0% 0.08 - MISCELLANEOUS METALS 0 0% 0.00 DIVISION 6 - WOOD AND PLASTICS 240,948 27% 29.53 DIVISION 7 - THERMAL MOISTURE PROTECTION 15,711 2% 1.93 - WATRPRF,DAMPRF,& CAULKING 4,686 1% 0.57 - ROOFING & FLASHING 24,820 3% 3.04 DIVISION 8 - DOORS AND WINDOWS 39,900 4% 4.89 - DOORS, WINDOWS AND SHUTTERS 22,600 3% 2.77 - GLASS & GLAZING 0 0% 0.00 DIVISION 9 - FINISHES - GYPSUM DRYWALL 54,681 6% 6.70 - TILE 0 0% 0.00 - ACOUSTICAL TILE 0 0% 0.00 - WOOD FLOORING 0 0% 0.00 - RESILIENT FLOORING 9,538 1% 1.17 -CARPET 16,456 2% 2.02 - PAINTING 15,512 2% 1.90 DIVISION 10 - SPECIALTIES 14,144 2% 1.73 DIVISION 1 I - EQUIPMENT 0 0% 0.00 DIVISION 12 - FURNISHINGS 1,450 0% 0.18 DIVISION 13 - SPECIAL CONSTRUCTION 0 0% 0.00 DIVISION 14 - CONVEYING SYSTEMS 0 0% 0.00 - PASSENGER ELEVATOR 0 0% 0.00 DIVISION 15 - MECHANICAL 0.00 -PLUMBING 81,300 9% 9.96 - FIRE PROTECTION 0 0% 0.00 - HVAC 50,320 6% 6.17 DIVISION 16 - ELECTRICAL 68,000 8% 8.33 SUBTOTAL 780,663 95.67 OVERHEAD & PROFIT 10% 78,066 9% 9.57 SUBTOTAL 858,729 105.24 DESIGN CONTINGENCY 0% 0 0% 0.00 SUBTOTAL 858,729 105.24 ESCALATION (SUMMER 2006) 4% 34,349 4% 4.21 TOTAL 893,079 100% 109.45 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.x1s12171200512:43 PM Page 5 Reading Housing Authority - Units 1-4 DESCRIPTION DIVISION 1 - GENERAL CONDITIONS General Conditions (6% of project total) DIVISION 2 - SITEWORK 02200 EARTHWORK Basement excavation - 8' (haul) Found. excavation Found. backfill 8" Gravel base - int. slab QUANTITY UNIT UNIT COST 1 LS 806 CY 8.00 292 CY 4.90 292 CY 12.50 70 CY 19.00 11/28/2001 ~5 DEC 12 P 10: 0~3 TOTAL '.n~. 1..'.,;... 50,143 50,143 6,448 1,431 3,650 1,330 12,859 DIVISION 3 - CONCRETE 03300 CONCRETE Sonotube pier ()a, porch Sonotube pier (a, rear stair Residence: Ext. wall footing (20" x 10") Int. col, footing (8 EA) 10" Found. wall - 7'10" 3 1/2" Slab on grade - int. Int. wall footing @ party wall Misc. concrete 8 EA 165.00 12 EA 165.00 13 CY 360.00 8 CY 385.00 61 CY 540.00 2,720 SF 3.55 2 CY 375.00 1 LS 2,500.00 1,320 1,980 4,680 3,080 32,940 9,656 750 2,500 56,906 DIVISION 4 -UNIT MASONRY N/A 0 0 DIVISION 5 -METALS 05120 STRUCTURAL STEEL Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.x1s 12/7/200512:43 PM Page 6 Reading Housing Authority - Units 1-4 DESCRIPTION 11/28/2005 QUANTITY UNIT UNIT COST TOTAL twsCEC12~(0 Lally cols. - basement W-floor beam (not shown) DIVISION 5 - MISCELLANEOUS METALS 05500 MISCELLANEOUS METALS DIVISION 6 - WOOD AND PLASTICS 06100 ROUGH CARPENTRY First & second floor frame - eng. joist sys. 2x6 Ext. wall frame Prefab wd truss - roof frame Over roof frame 3/8" Underlayment 3/4" T&G ply subfloor 1/2" CDX ply wall sheathing 5/8" CDX ply roof sheathing Ext. soffit frame - 9" Porch box beam frame Porch ceiling frame 2x6 Int. partition - party wall 2x4 Int. partition - typ Ceiling strapping Roof blocking Int. blocking Termite shield Tyvek Basement stair & rails - complete Second floor stair - complete Front Porch: Porch floor frame Porch decking - 6" composite Porch roof and sheathing Rear Porch: Landing framing and decking Stair tread and riser 6 EA 115.00 690 690 0 0 5,440 SF 2.95 16,048 4,950 SF 3.05 15,098 2,749 SF 3.75 10,309 551 SF 4.00 2,204 5,440 SF 1.60 8,704 5,440 SF 2.10 11,424 4,950 SF 1.85 9,158 3,279 SF 2.10 6,886 156 SF 6.50 1,014 66 LF 18.00 1,188 256 SF 3.75 960 4,464 SF 2.90 12,946 5,456 SF 1.50 8,184 5,440 SF 0.76 4,134 3,279 SF 0.35 1,148 5,440 GSF 0.30 1,632 246 LF 7.60 1,870 4,950 SF 0.25 1,238 4 FLT 2,400.00 9,600 4 FLT 2,400.00 9,600 160 SF 8.00 1,280 160 SF SAO 1,280 170 SF 20.00 3,400 96 SF 20.00 1,920 144 LF 26.00 3,744 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.x1si2/7/200512:43 PM Page 7 Reading Housing Authority - Units 1-4 11/28/2005 {DEC 12 P 10: 00 DESCRIPTION QUANTITY UNIT UNIT COST TOTAL Porch railing 76 LF 45.00 3,420 ' ' Misc. rough carpentry 8,160 SF 0.50 4,080 06200 FINISH CARPENTRY Interior: Wood base 1x4 1,700 LF 4.90 8,330 Closet shelf & rod 64 LF 17.00 1,088 Storage closet - 5 tier 110 LF 16.00 1,760 Linen closet shelving - 5 tier (wire) 60 LF 12.50 750 Laundry shelf 22 LF 8.00 176 Chair rail - NIC Window sill & apron 140 LF 7.00 980 Int. door trim 1,600 LF 3.15 5,040 Exterior: Vinyl Siding: Shingle style 3,539 SF 3.35 11,856 Clapboard style 788 SF 3.35 2,640 PVC Trim: Drip board lx3 167 LF 5.00 835 Rake 1x8 167 LF 14.00 2,338 Fascia 1x8 180 LF 12.00 2,160 Frieze lx8 180 LF 12.00 2,160 Perf. vinyl soffit - 9" 156 SF 4.00 624 Window/door trim lx6 661 LF 6.50 4,297 Window/door trim lx6 wlcap 67 LF 25.00 1,675 Corner boards 1x6 304 LF 7.50 2,280 Porch box beam 66 LF 25.00 1,650 Porch ceiling 160 SF 6.50 1,040 Porch lattice 224 SF 6.00 1,344 Porch skirt trim 104 LF 10.00 1,040 76" Fiberglas col 10" dia 7 EA 550.00 3,850 Misc. exterior trim I LS 1,000.00 1,000 06400 ARCHITECTURAL CASEWORK Kitchen base cab/counter 70 LF 225.00 15,750 Kitchen wall cab 74 LF 130.00 9,620 Pantry shelving - 5 tier 120 LF 15,00 1,800 Bath vanity top 24 LF 100.00 2,400 240,948 Prepared by: A. M. Fogarty & Associates, Inc. Page 8 READING HOUSING AUTHORITY - PLEASANT ST - 11,05.x1s12/71200512A3 PM Reading Housing Authority - Units 1-4 DESCRIPTION QUANTITY DIVISION 7 - THERMAL MOISTURE PROTECTION 07200 INSULATION Rigid found. insul. 1,968 6" Batt 1st floor insul. 2,720 5 1/2" Batt ext. wall insul. 4,950 9" Batt roof insul. 2,624 Sound attenuation - 75% 5,760 Firestopping systems 1 Underslab insulation - NIC 11/28/2005 ULC 12 P 10 UNIT UNIT COST TOTAL tt,-t r' tLl r. 1 1 ( i SF 2.40 4,723 SF 0.80 2,176 SF 0.58 2,871 SF 1.10 2,886 SF 0.40 2,304 LS 750.00 750 15,711 DIVISION 7 - WATERPROOFING, DAMPPROOFING, & CAULKING 07100 WATERPROOFING, DAMPPROOFING & CAULKING Foundation dampproofing 1,968 SF 2.00 3,936 Joint sealants 1 LS 750.00 750 4,666 DIVISION 7 - ROOFING & FLASHING 07310 ROOFING, FLASHING AND ACCESSORIES Asphalt shingle (fiberglass comp 40 yr) Ice & water Ridge vent Alum. gutter w/guard Alum, downspout (12 EA) Alum. drip edge Cupola w/weathervane - compl. - NIC Misc. flashing 3,278 SF 3.70 12,129 820 SF 2A5 2,009 129 LF 8.00 1,032 220 LF 15.00 3,300 230 LF 11.00 2,530 728 LF 2.50 1,820 1 LS 2,000.00 2,000 24,820 DIVISION 8 - DOORS AND WINDOWS 08100 DOORS, FRAMES AND FINISH HARDWARE Exterior Door, Frame and Hardware: Entry - sgl 4 EA 950.00 3,800 Patio - sgl 4 EA 1,200.00 4,800 Basement egress - NIC Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST -11.05.x1s12/7/200512:43 PM Page 9 Reading Housing Authority - Units 1-4 DESCRIPTION *Excludes auto opener Interior Door, Frame and Hardware: Basement stair - sgl Bedroom bathroom - sgl Closet - sgl Closet - bifold Attic access Access panels QUANTITY UNIT UNIT COST 11/28/2005 UIEC 12 P 10: 03 TOTAL 4 EA 650.00 2,600 20 EA 650.00 13,000 12 EA 400.00 4,800 12 EA 550.00 6,600 4 EA 950.00 3,800 1 LS 500.00 500 39,900 DIVISION 8 - DOORS, WINDOWS AND SHUTTERS 08500 DOORS, WINDOW & SHUTTER Double hung windows 580 Vinyl shutters 8 Basement windows - NIC Window well basement - NIC *Includes glass glazing and finish hardware SF 38.00 22,040 PR 70.00 560 22,600 DIVISION 8 - GLASS & GLAZING *Included in Sections 08100 and 08500 DIVISION 9 - FINISHES DIVISION 9 -GYPSUM DRYWALL 09250 GYPSUM WALLBOARD 1/2" Gyp ext, wall Gyp. ceiling - 100% Gyp. soffits 1/2" Gyp. int. part. Misc, gypsum wallboard *Excludes gyp. finishes basement *Tape and.joint compound finish 0 0 3,904 SF 1.80 7,027 5,440 SF 3.00 16,320 1 LS 1,000.00 1,000 14,352 SF 1.80 25,834 3 LS 1,500.00 4,500 54,681 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xls12n/200512:43 PM Page 10 Reading Housing Authority - Units 1-4 DESCRIPTION QUANTITY UNIT UNIT COST DIVISION 9 - TILE N/A DIVISION 9 -ACOUSTICAL TILE PP~ 11/ l F I r 12 P 10 08 TOTAL nl= fir,, I.., 0 0 0 0 DIVISION 9 -WOOD FLOORING 0 0 DIVISION 9 - RESILIENT FLOORING N/A N/A 09650 RESILIENT FLOORING Sheet Vinyl: Kitchen/entry Vinyl treads - basement stair Bathroom Vinyl base - bathroom 58 SY 4 FLT 45 SY 185 LF 56.00 850.00 56.00 2.00 3,248 3,400 2,520 370 9,538 DIVISION 9 - CARPET 09680 CARPET Carpet Carpet stair 502 SY 4 FLT 28.00 600.00 DIVISION 9 - PAINTING 09900 PAINTING Int. painting 5,440 GSF 2.30 Ext. painting 1 LS 3,000.00 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xis 12/7/200512:43 PM 14,056 2,400 16,456 12,512 3,000 Page 11 Reading Housing Authority - Units 1-4 DESCRIPTION *Vinyl siding with pvc trim *Excludes wall covering & basement painting DIVISION 10 - SPECIALTIES QUANTITY UNIT UNIT COST 10340 PREFABRICATED SPECIALTIES AND APPLIANCES Appliances: Washer - By Owner Dryer - By Owner 11/28/2005 ~nr -6"C 1^/ L P 10. n 'IUJ UL V 8 TOTAL 15,512 Refrigerator 4 EA 950.00 3,800 Range 4 EA 550.00 2,200 Range hood 4 EA 275.00 1,100 Dishwasher 4 EA 400.00 1,600 10800 TOILET ACCESSORIES T.P. holder 8 EA 38.00 304 Shower curtain & rod 4 EA 35.00 140 Mirror 8 EA 120.00 960 Robe hook 8 EA 15.00 120 Towel bar 8 EA 65.00 520 Medicine cab 8 EA 150.00 1,200 10900 MISCELLANEOUS SPECIALTIES (Not Shown) Mail box 4 EA 100.00 400 House numbers 4 EA 50.00 200 Central vacuum - NIC Ceiling tracking system - By Others Gable louver (8 EA) 12 SF 50.00 600 Misc. specialties 1 LS 1,000.00 1,000 14,144 DIVISION 1 I - EQUIPMENT N/A DIVISION 12 - FURNISHINGS 12600 WINDOW TREATMENT Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST -11.05.x1s12/71200512:43 PM 0 Page 12 Reading Housing Authority - Units 14 DESCRIPTION Window shades (not shown) DIVISION 13 - SPECIAL CONSTRUCTION N/A 11/28/2005 L•~J ^5 DC TOTAL 2 10: 1,450 j 1 -f.. 1,450 0 0 DIVISION 14 - CONVEYING SYSTEMS N/A 0 0 DIVISION 14 - PASSENGER ELEVATOR N/A 0 0 DIVISION 15 - MECHANICAL DIVISION 15 - PLUMBING 15400 PLUMBING Toilet Lav Tub w/surround Kitchen sink - dbl Laundry connection Water heater Wall hydrant sump pump Misc. plumbing 8 EA 2,300.00 8 EA 2,300.00 4 EA 3,000.00 4 EA 2,600.00 4 EA 500.00 4 EA 2,500.00 8 EA 350.00 4 EA 1,200.00 1 LS 2,500.00 18,400 18,400 12,00.0 10,400 2,000 10,000 2,800 4,800 2,500 81,300 DIVISION 15 - FIRE PROTECTION NIC 0 0 QUANTITY UNIT UNIT COST 580 SF 2.50 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xls12n/200512:43 PM Page 13 Reading Housing Authority - Units 1-4 DESCRIPTION DIVISION 15 - HVAC 15600 HVAC HVAC - basement HVAC - upper floors *excludes air conditioning DIVISION 16 - ELECTRICAL 16000 ELECTRICAL Electrical - basement Electrical - upper floors 11/28/2005 QUANTITY UNIT UNIT COST TOTAL 2,720 SF 2.00 5,440 5,440 SF 8.25 44,880 50,320 2,720 SF 3.00 8,160 5,440 SF 11.00 59,840 68,000 DEC I2 p gyp: Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xlsl2/7/200512:43 PM Page 14 PROJECT: Reading Housing Authority - Alternates LOCATION: Reading, MA ~;j j DEC 2 P ~0; n CLIENT: Brown, Lindquist, Fenuccio & Raber Architects, Inc. DATE: 28-Nov-05 No.: 05115 Construction Schedule: Calendar Months ALTERNATES ALTERNATE NO. 1 - ADD ROOF OVER BACK ENTRY ALTERNATE NO. 2 - ADD MUNICIPAL PARKING LOT $14,414 $98,047 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05,xls Page 15 Reading Housing Authority - Alternates DESCRIPTION QUANTITY UNIT UNIT COST ALTERNATE NO. 1 - ADD ROOF OVER BACK ENTRY ADD: 11/26abofiEC 12 P IQ 08 TOTAL t 2x6 Ext. wall frame 80 SF 4.00 320 5/8" CDX ply roof sheathing 156 SF 2.10 328 Ext. soffit frame - 9" 20 SF 6.50 130 Porch box beam frame 56 LF 18.00 1,008 Porch ceiling frame 156 SF 3.75 585 Roof blocking 156 SF 0.35 55 Tyvek 80 SF 0.28 22 Vinyl Siding: Shingle style 80 SF 4.00 320 PVC Trim: Drip board lx3 26 LF 5.00 130 Rake 1x8 26 LF 14.00 364 Fascia lx8 56 LF 12.00 672 Frieze 1x8 56 LF 12.00 672 Perf. vinyl soffit - 9" 20 SF 4.00 80 Porch box beam 56 LF 25.00 1,400 Porch ceiling 96 SF 6.50 624 76" Fiberglas col 10" dia 8 EA 550.00 4,400 Misc. exterior trim 1 LS 200.00 200 Asphalt shingle (fiberglass comp 40 yr) 156 SF 3.70 577 SUBTOTAL 11,887 GENERAL CONDITION 6 % 713 SUBTOTAL 12,600 OVERHEAD & PROFIT 10% 1,260 SUBTOTAL 13,860 CONTINGENCY 0 % 0 SUBTOTAL 13,860 ESCALATION 4 % 554 TOTAL ALTERNATE NO. 1 14,414 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.xls Page 16 Reading Housing Authority - Alternates DESCRIPTION QUANTITY UNIT UNIT COST ALTERNATE NO.2 - ADD MUNICIPAL PARKING LOT ADD: 11/28/2005 DEC 12 P 10: 08 TOTAL C;1 Remove existing pavement/curbing 15,744 SF 0.80 12,595 Site grading 1,749 SY 0.85 1,487 Curb cut 2 EA 1,000.00 2,000 Rework drainage - allow 1 LS 10,000.00 10,000 8" Gravel base 345 CY 28.00 9,660 Bituminous pavement 1,552 SY 16.00 24,832 Concrete curbing 300 LF 22.00 6,600 Line painting 705 LF 1.00 705 Loam and seed 198 SY 5.00 990 Erosion control 260 LF 4.75 1,235 Misc. improvements 1 LS 10,000.00 10,000 Site lighting 3 EA 250.00 750 SUBTOTAL 80,854 GENERAL CONDITION 6% 4,851 SUBTOTAL 85,705 OVERHEAD & PROFIT 10% 8,571 SUBTOTAL 94,276 CONTINGENCY 0% 0 SUBTOTAL 94,276 ESCALATION 4% 3,771 TOTAL ALTERNATE NO.2 98,047 Prepared by: A. M. Fogarty & Associates, Inc. READING HOUSING AUTHORITY - PLEASANT ST - 11.05.x1s Page 17 READING CO-OPERATIVE BANK IN I:(Jf7i'C1P.'t T'EQ ~.YY.F November 10, 2004 Lyn White, Executive Director Reading Housing Authority 22 Frank D. Tanner Drive Reading, MA 01867 RE: $850,000.00 Real Estate Construction Mortgage Gentlemen, "Ckaled The Reading Co-operative Bank is pleased to confirm the approval of your real estate mortgage subject to the following conditions. 1. Borrower(s) Reading Housing Authority 2. Purpose First real estate mortgage to fund renovation to existing two unit residence and construct four town house residential units at 75 Pleasant Street Reading, MA. 3. Loan Amount Up to Eight Hundred Fifty Thousand Dollars and no/cents ($850,000.00) 4. Guarantors None 5. Rate Loan will accrue interest in arrears at a fixed rate of 6.00%. This rate will be held until February 28, 2005. 6. Term This loan shall have a term to maturity of 30 years. pages of A 180 Haven Street • Reading, MA 01867 MEMBER FDIC ' 81) 942-5000 - Fax (781) 944-1401 MEMBER SIF www.readingcoop.com 7. 8. 9. Advances Loan advance at closing shall be limited to the amount required to pay in full the existing first real estate mortgage held by Reading Cooperative Bank on 75 Pleasant Street, Reading, M.A. Should any additional advance will be required at the loan closing, it will be based on the expressed approval of Reading Cooperative Bank and must be subject to -at a minimum of 48 hours notice prior to closing and will not exceed 80% of the as is appraised value. Remaining monies shall be advanced upon inspection by the bank's independent construction consultant, Meg Companies. A copy of their requirements, procedures and costs will be forwarded under separate cover. Monthly Payments Monthly payments shall consist of interest only during the construction period which shall not exceed 12 months at which time the loan will be amortized over the remaining term of the note with monthly fixed payments of principal and interest. Should the full $850,000 be borrowed and the full 12 month construction period be utilized, the monthly payments of principal and interest shall be $5,160.96. This estimate is based on the full loan being advanced in the amount of $850,000 and amortized over 348 months. Loan Fee A non-refundable fee equal to '/2 of one percent of the face amount of the note, or $4,250.00 shall be due and payable at loan closing. Once this commitment is accepted, this fee is due the Bank whether or the not the loan actually closes. 10. Late Charges 11. 12. 13. If payments are more than 10 days late, a late charge of 5% of the amount due will be assessed. Default Upon any breach or default by Borrower(s) of any term, condition, provision, warranty or representation made in the loan documents, the Bank at its' option, may make immediately due and payable all sums loaned thereunder. The default rate of interest will be 15%. Special Default Conditions In the event of a change in the management of said property, the Bank reserves the right to call the note. Reasonable notice of no less than 90 days shall be given to the Borrower(s) by the Bank and in no event shall this notice exceed 6 months. Cross-Collateralized This credit facility shall be cross-collateralized and cross-defaulted with any present and future obligations of the Borrower(s) or Guarantor(s) to the Reading Co-operative Bank. Page 2 of 6 B Borrower f ~oREt1D1NG BA1~1IZ 14. Security In consideration of this provision of credit the Borrower(s) shall grant to the Reading Co-operative Bank; • A first priority mortgage interest in the property presently known as 75 Pleasant Street, Reading, MA and the adjacent lot being acquired from the Town of Reading. • A first security interest in all furniture, fixtures and equipment as they relate to the property located at 75 Pleasant Street, Reading, MA • Assignment of leases and rents and landlord waiver for all real estate pledged as collateral. • Assignment of all approved plans and contracts pertaining to the real estate pledged. 15. Operating Accounts Borrower(s) will maintain its real estate accounts at the Reading Co-operative Bank. 16. Organizational Documents The form of organization of the Borrower(s) for this transaction shall be subject to review and acceptance by the Bank and its representatives. The Borrower(s) shall submit to the Bank's counsel any documents requested including but not limited to applicable trust documents, trustees certificate, articles of organization, evidence of incorporation and a clerks certificate, corporate vote authorizing borrowings and execution of loan documents, and any other documentation required to complete these transactions. 17. Financial Statements The following financial statements will be provided to the bank throughout the term of the loan: Annual financial statements as prepared by an independent Certified Public Accountant for Reading Housing Authority annually on or before September 30d. The non provision of this information may constitute default. In event of default for which the Bank does not accelerate the note, such as failure to provide the financial statements as required hereunder, the applicable interest rate to the loan, for a period beginning three days after written notice of such default and ending upon the curing of said noticed default, shall increase one quarter of one percent (.25%) for the first thirty days of said default and increase an additional one quarter of one percent (.25%) during each subsequent thirty (30) day period which the noticed default continues. 18. Financial Covenants The borrower, and or guarantors, shall be responsible for maintaining the following financial covenants at all times: a) Sufficient aggregate cash flow as defined by generally accepted accounting standards for the subject property providing for a debt service coverage ratio of not less than 1.25X at all times over all debt. Page 3 of 6 a Borrower ~ t 1 READING C~O~O*P E~RATIVE A 19. Special Conditions This commitment is subject to the following conditions to be satisfied prior to loan closing: Payoff existing first real estate mortgage #93024115 at Reading Cooperative Bank. Subject to a fair market value appraisal, on an "As Completed" basis for real estate pledged as collateral of not less than $1,062,500. Funds to be advanced at closing shall not exceed 80% of the "As Is" value of the real estate pledged. The cost of said appraisal(s) shall be paid by Reading Housing Authority whether or not the loan actually closes. Prior to the first construction advance, Bank is to be in receipt of all required building permits. 20. Closing Costs The Borrower(s) shall be responsible for all costs and fees associated with the closing and collection of this loan such as; the cost of any appraisals, environmental reports, and the bank attorney costs which include but are not limited to, title examination and insurance, document preparation costs and recording fees. Such fees shall be and payable to the Bank whether or not the loan closes. 21. Transfer of Borrower's Interest The identity of the Borrower(s) is of material importance to the Bank. This commitment and any collateral for the Loan shall not be assigned or transferred by the Borrower(s), nor may there be any transfer of ownership without the Bank's prior express written consent. If the beneficial or legal ownership of the Business or Property shall be transferred without the Bank's consent or if any mortgage or other encumbrance shall be placed on the Business or Property without the consent of the Bank, then the Bank may at its option cause the Loan to be due and payable. 22. Financial Condition of Borrower If the Borrower(s) or the Property shall be the subject of any pending or imminent litigation, or if the Borrower(s) shall be the subject of any bankruptcy, reorganization or insolvency proceeding or, if in the Bank's opinion, exercising prudent banking and underwriting judgment, there shall be any material adverse change in any facts upon which the Bank has relied in making this commitment between the date of issuance of this commitment and the date of closing, the Bank shall have the right not to close the Loan. 23. Insurance The Borrower(s) must maintain hazard and builder's risk insurance on any fixed assets pledged to the Bank in an amount equal to the replacement value of said assets naming the Bank as first mortgagee and/or loss payee. Evidence of proper insurance in an amount and manner acceptable to the Bank shall be provided to the Bank prior to closing and forwarded annually to the Bank. Page 4 of 6 Q B ' Borrower~t J i Flood insurance will be required if the subject property is located in an identified flood hazard area. Borrower(s) will provide title insurance on all real estate mortgage to the Bank, (with no mechanic's liens) in an amount acceptable to the Bank and naming the Bank as first mortgagee. 24. Inspections 25. 26. 27. 28. 29. 30. The Bank shall have the right to inspect the mortgaged premises from time to time. Closing Documents Borrower(s) shall execute promissory notes, loan agreements and any and all such other documents in form and substance reasonably satisfactory to Bank's counsel. All closing documents prepared to close the Loans contemplated herein shall be in form and contain terms and provisions consistent with this letter and as required by Bank counsel. Bank's Counsel Counsel engaged to represent the Bank in this transaction shall be determined. A copy of this agreement shall be forwarded to the attorney. The responsibility of the Bank's attorney is limited to protection of the interest of the Bank notwithstanding the fact that you shall be obligated to pay the legal fees of the Bank's attorney. Further, the Bank assumes no responsibility to the Borrower for the acts or omissions of their attorney. Borrower(s) may at his own expense engage an attorney to represent its interests in this transaction. Supersedes Prior Dealings This commitment letter supersedes your loan application and all other prior dealings between the Borrower(s) and its agents and the Bank in connection with this Loan. Affidavits Affidavits by Borrower(s) and the Guarantor(s) that, to the best of their knowledge, neither they nor any company in which they are a principal is in default under any note or other agreement and that there are no pending or threatened legal proceedings against same. Non-Assignable This commitment is intended only for the Borrower's use and no others are entitled, in any way, to rely upon it. Survival of Conditions It is expressly understood and agreed that the terms, conditions, requirements and obligations of this commitment shall survive the closing date hereto and remain in full force and effect after the closing of the Loan. Page 5 of 6 1 ZBorrower ~~AL7ING 31. Expiration To be valid, the commitment must be accepted and returned to the Bank no later than at the close of business on November 30, 2004. The Bank is under no obligation to extend this commitment. This commitment shall expire on February 28, 2005. The Reading Co-operative Bank is pleased to present this commitment proposal to you. If you are in agreement with the terms and conditions outlined above, please acknowledge by signing below and returning one copy to the bank. Sincerel , ti julieann Thurlow, Senior Vide President Acknowledged and Accepted: r^ Reading Hous~ g,~uthori ty By: ~1/J Lyn White, Executive Director Page 6 of 6 BANREADING K r Date Borrower A-" C.kwk P J P 12/05 Directions to Reading Housing Authority Pleasant Street Development Site From Route 95 (128) from North or South: Take exist 38B (Rt. 28N) heading north toward Reading Square. You will go through four sets of lights. As you proceed through the fourth set (Bank of America is on your left corner), there will be a fifth set of lights directly in the center of the square. Take a right onto Pleasant Street at that light. The proposed development is located approximately '/a mile on right, adjacent to the Reading Senior Center. 80107 1 PG 6 0 3 A--N-c+.Ckvy) P~ QUITCLAIM DEED I, Margaret C. Molyneaux, of Reading, Middlesex County, Massachusetts, for consideration paid and in full consideration of Two Hundred Thirteen Thousand Seven Hundred and Fifty Dollars ($213,750.00) grant to Reading Housing Authority, a public body corporate and politic organized under M.G.L: c. 121 B, with a place of business at ca 22 Frank D. Tanner Drive, Reading, Middlesex County, Massachusetts, with quitclaim covenants A certain parcel of land with the buildings thereon situated in Reading, Middlesex County, Massachusetts, bounded and described as follows: NORTHERLY by Pleasant Street, one hundred eight and 05/100 (108.05) feet; a~ EASTERLY by land now or formerly of Julia E. Prescott, one ihundred fifty-six and 20/100 (156.20) feet; SOUTHERLY by land now or formerly of Mary L. Boyce, of Ella J. Co Parker and Lewis Ellenwood, one hundred twenty-six and 80/100 (126.80) feet; and WESTERLY by land now or formerly of Town of Reading, one hundred sixty-one and 25/100 (161.25) feet. Containing 18,700 square feet of land, more or less, be all said measurements and contents more or less, or however otherwise the said premises may be bounded, measured or described. Grantor hereby releases Declaration of Homestead dated April 18, 1990, and recorded in Middlesex South Registry of Deeds at Book 20518, Page 548. 4~.1 lLf co For grantor's title see deed recorded in the Middlesex South Registry of Deeds at Book 7139, Page 319. WITNESS my hand and seal this 2&O day of January, 2000. U_101 : nnc x E-14 Ma aret C. Molynea U/P/A Bruce A. Power VIE ev 801071 PG604, COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. January ZO , 2000 Then personally appeared the above named Margaret C. Molyneaux U/P/A Bruce A. Power and acknowledged the foregoing instrument to be his free act and deed before me. #Desna Kyri*#e~xpiroels ary Public My Commissio April 14, 2006 OFR~QO! Town of Reading 16 Lowell Street c Reading, MA 61867-2685 s39°INCOR404P FAX: (781) 942-9070 Website: www.ci.reading.ma.us ANNUAL TOWN MEETING May 6, 2004 TOWN CLERK (781) 942-9050 ARTICLE 17 - On motion by Timothy Kelley, member of the Housing Authority, it was voted to authorize the Board of Selectmen to convey a portion of Plot 65, Lot 7 to the Reading Housing Authority and to authorize the Board of Selectmen to acquire a portion of Plot 65, Lot 6 from the Reading Housing Authority, under such terms and conditions as the Board of Selectmen shall determine. 2/3 vote required unanimous vote A true copy. Attest: ohnso Cheryl tlerk Town March 7, 2006 Reading Board of Selectmen, Community Planning and Development Commission Reading Town Hall 16 Lowell Street Reading, Massachusetts 01867 RE: Reading Annual Town Meeting Consideration of Park Square at Reading Dear Selectmen and Commission Members, I am writing this in order to clarify our position with respect to the scheduling for consideration of the zoning article to go before the Town Meeting for the Pearson Education / Addison Wesley Longman Property. Last month we submitted a petition for the rezoning of the property after having participated for over a year in numerous meetings with the Selectmen, the Community Planning and Development Commission, and residents of the neighborhood proximate to the property. On January 18`h, 2005, in a meeting with the neighborhood, we agreed not to pursue rezoning at the 2005 Spring Annual Town Meeting in order to provide adequate time required to address concerns pertaining to traffic in the neighborhood and at the entrance to the project. As is evidenced by the time and effort that we have committed to this endeavor, it has never been our intention to rush this matter. We remain committed to continue to work with the Town in the creation of zoning for the Addison-Wesley property that allows for a lifestyle center on the property while protecting the Town's interest. At the joint meeting of the Selectmen and CPDC on January 17"', I committed to allow whatever time is necessary to work with the CPDC and to schedule a Special Town Meeting as late as this June if necessary. I also wish to underscore our intention to continue to be a good neighbor and be cooperative with the Town. We are prepared to address issues of scale, scope and conditions for such a project. To that end, I request that the Selectmen and the CPDC provide representation in order to establish a working group to review and craft appropriate zoning language. If, as a result of that process, additional time is required beyond this spring's Town Meeting, we will have no objection to providing extra time in order to assure that we can provide the best possible development for the Reading community. Your consideration of this is appreciated very much. Sincerely, Robert G. Frazier Vice President of Development W/S Development Associates LLC Main: 617-232-8900 FAX: 617-738-1628 Affiliated with: S.R. Weiner & Associates, Inc 1330 Boylston Street Chestnut Hill MA 02467 i CTMEN Ni~ETxNG ' 7 51E~T FUR E AppRE55 SIGN DATA • _ tplease pant) _ f ~ A 6 Ne(-- 1 oc -s 4-v r -5&4~aq n 1 ~4 ~ 'Z.D Highlights - Elder/Human Services Board -of Selectmen Meeting of March 7, 2006 The Elder/Human Services division is committed to providing programs. and services that will enable our seniors to make informed. decisions regarding their well-being. Social Programs • Monthly Special Lunch sponsored by Mystic Valley Elder Services. • Monthly Birthday Lunch sponsored by Reading Elder Services. • Red Hat Tea sponsored by The Red Hat Society • St. Patrick's.DayDinnersponsored by the Knights of Columbus • . Annual Lion's Italian Dinner sponsored by Reading Lion's Club • Mason's Annual Cookout sponsored by Reading Masons • Square Dancing with RMHS Students sponsored by RMHS Student Council • Community Games Show Night sponsored by Reading Recreation Division • Texas Hold'em Style Poker sponsored by Reading Recreation Division • Ham and Bean Supper sponsored. by Reading Police Department • Halloween Party sponsored by Edward Jones • Scarecrow Creations sponsored by Reading Elder Services • Winter Solstice Celebration sponsored by The Rotary Club Educational Programs • Diabetes Management sponsored by Neighborhood Diabetes. • Wellness in Music sponsored by Boston Organ and Piano Company. • Property Tax Info sponsored by Reading Town Treasurer and Assessor's Offices • Health Screenings sponsored by Life Line Screenings of America • See A Piece of Sports History sponsored by Sen. Tisei and Rep. Jones Real Estate Options sponsored by Colonial Manor Real Estate • Heart. Healthy Eating. sponsored by. Winchester Hospital • Cooking without Salt sponsored by Mystic Valley Elder Services • Probate Wills and Estates sponsored by The Registrar ,of Probate • Reverse Mortgage sponsored by Reading Cooperative Bank • Bonds Can Help You sponsored by Edward Jones • Elder t aw Education program sponsored by Atty. Janice Nigro + Fall Prevention & The Rehab Experience sponsored by Wilmington Health Center • Investing for Women sponsored by Edward Jones • How to Talk to Your Doctor sponsored by PrimeCare • Financial and Medical Assistance for Veterans sponsored by Reading Veterans' Division • Breast Cancer. Awareness sponsored by Winchester Hospital • Health Plan Options sponsored by Blue Cross Blue Shield of MA ® Brown Bag Check-up(Re: Medications) sponsored by Hallmark Home Care • Virtual Assisted Living sponsored by Best Home Care • Let's Talk about Sugar sponsored by Mystic Valley. Elder Services • Healthy Holiday Meals sponsored by.Winchester Hospital • Holiday Blues and Depression sponsored by Visiting Nurse and Community Health Dignity - Respect - Informed Choices