HomeMy WebLinkAbout2017-10-25AGENDA
Nantucket Land Bank Commission
Regular Meeting of October 10, 2017
Land Bank Conference Room, 22 Broad Street
Nantucket, Massachusetts
CALL TO ORDER: 4:00 P.M.
A. CONVENE IN OPEN SESSION
1. REGULAR BUSINESS
a. Community Preservation Committee Representative — Update
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2. GOLF BUSINESS
a. Miacomet Golf Clubhouse — Designation of Selection Committee for Oxvner's
Project Manager
3. CITIZEN BUSINESS/ANNOUNCEMENTS
4. PROPERTY MANAGEMENT
5. APPROVAL OF MINUTES
a. Regular Meeting of September 26, 2017
6. TRANSFER BUSINESS
7. FINANCIAL BUSINESS
a. Monthly Transfer Statistics
b. Warrant Authorization — Cash Disbursement
B. EXECUTIVE SESSION: The Executive Session is for Purpose 6 [G.L. c. 30A, 21(a)(6)J. The
particular transactions and parcels of real estate are not identified since disclosure of the
property information may have a detrimental impact on the Land Bank's negotiating position
with one or more third parties. The Commission will not reconvene in open session at the
conclusion of executive session.
1. Approval of Executive Session Minutes of September 26, 2017
2. Real Estate Acquisition
ADJOURNMENT
MINUTES
Nantucket Land Bank Commission
Regular Meeting of October 10, 2017
Land Bank Meeting Room, 22 Broad Street
Nantucket, Massachusetts
CALL TO ORDER: 4:00 p.m.
PRESENT: Richard Glidden, Kristina Jelleme, Neil Paterson, Allen Reinhard, John Stackpole.
STAFF PRESENT: Eric Savetsky, Executive Director; Jesse Bell, Assistant Director; Susan
Campese; Administrator/Finance Manager; Marian Wilson, Assistant Administrator.
Community Preservation Committee Land Bank Representative, Kenneth Beaugrand and Inquirer
and Mirror Reporter, Peter Sutters were also present at call to order.
I. CONVENE IN OPEN SESSION
A. REGULAR BUSINESS
1. Community Preservation Committee ("CPC") Representative — Update: Mr.
Beaugrand reported that there were twenty applications for Fiscal Year 2019 before the CPC for
consideration. Requests totaled $4,081,178.50 and they expected to be able to fund approximately
$2,200,000. There were four applications for open space requesting a total of $803,422. The open
space reserve fund from prior years has approximately $500,000 which can be used along with the
current year's 10% to fund some of the grant requests. Mr. Beaugrand reviewed all of the requests
briefly and answered questions from the Commission. The Commissioners thanked Mr. Beaugrand
for his hard work on behalf of the Land Bank.
Mr. Beaugrand departed the meeting at 4: 26 p. m.
B. GOLF BUSINESS
1. Miacomet Golf Course ("MGC") Clubhouse — Designation of Selection
Committee for Owner's Project Manager: Ms. Bell requested that the Commission designate
members for an evaluation committee to review the proposals for the MGC clubhouse project which
were due October 271h. Ms. Bell suggested that one or two Commissioners along with Mr. Savetsky
and herself would be sufficient to review the proposals. Chairman Paterson and Commissioner
Jelleme volunteered to be on the committee. Upon a motion made by Commissioner Glidden and
duly seconded by Commissioner Stackpole, it was unanimously VOTED to designate the committee
as recommended by Ms. Bell, with Chairman Paterson and Commissioner Jelleme participating.
C. PROPERTY MANAGEMENT
1. Summer House Encroachment — Update: Chairman Paterson requested an update
Land Bank Commission Page 2
October 10, 2017
on the progress regarding the various encroachments by the Summer House on Land Bank property-.
Mr. Savetsky stated that the kitchen door and PVC pipes had been removed, and that staff would be
installing a fence along the property line so the area could not be used by the Summer House in the
future. However, based on past experience and the advice of counsel, Mr. Savetsky indicated that
the litigation would continue until a permanent injunction was secured to protect against future
transgressions.
D. GOLF BUSINESS
a. MGC Clubhouse Fire — Insurance Update: Mr. Savetsky stated that AIG was done
with the investigation regarding the cause of the fire, but had not issued the final approval to raze
the building. In the meantime, the Land Bank had applied for a building permit and Ms. Bell was
currently working on the procurement for the demolition and removal. Commissioner Jelleme
suggested that the Land Bank look into expediting the permit process, based on an emergency.
given the charred condition of the building and potential hazard to human health.
b. Employee Dormitory — Project Update: Ms. Bell said that construction was on
hold as the final state sign -off for the project was pending. Mr. Savetsky stated that he and Ms. Bell
had just drafted a comprehensive letter addressing all concerns raised by the Secretary of
Environmental Affairs, and therefore an answer should be forthcoming soon.
c. Insurance Settlement: Mr. Savetsky reported that according to the Land Bank
adjuster, they were close to AIG's figure for repair costs which is estimated to be $600,000, along
with an estimated content replacement of $250,000. However, the additional cost to bring the
building up to current building codes had not yet been determined. Further, Mr. Savetsky asked
architect Kurt Raber for assistance in determining upgrade costs. Mr. Savetsky reported that AIG
was pushing back on the cost of covering temporary facilities.
E. APPROVAL OF MINUTES: Upon a motion made by Commissioner Glidden and duly
seconded by Commissioner Reinhard it was unanimously VOTED to accept, approve and release
the regular session minutes of September 26, 2017 as written.
F. TRANSFER BUSINESS:
1. September 2017 Transfers — Record Nos. 38831 through 38954: The Commission
reviewed transfers for the period of September 1, 2017 through September 30, 2017.
a. Current "M" Exemptions and Liens: The Commission authorized the placing of
liens against the following properties as a result of the purchasers claiming the "M" exemption as first-
time buyers of real property.
No. 38876 Angel Pleitez and Osmilda Tejada Pleitez
No. 38894 Jamie M. Foster and Courtney M. Foster
No. 38899 Liam T. Mackey and Courtney M. Miller
No. 38900 Frank Clay Twombly and Joseph Olson
Land Bank Commission
October 10, 2017
No. 38902 Robert Giacchetti and Susan McCarthy
No. 38937 Jennifer C. Shalley
G. FINANCIAL BUSINESS:
Page 3
1. Monthly Transfer Statistics: Monthly transfer statistics reports comparing calendar
years 2016 and 2017 through September 2017 were presented.
2. Warrant Authorization — Cash Disbursements: Upon a motion made by
Commissioner Stackpole and duly seconded by Commissioner Glidden, it was unanimously
VOTED to execute the October 10, 2017 warrant document in the amount of S 148,981.95 to be
provided to the county treasurer.
Ms. Wilson and Mr. Sutters departed the meeting at 4: 51 p.m.
II. EXECUTIVE SESSION: Upon a motion made by Commissioner Stackpole and duly seconded
by Commissioner Jelleme, it was unanimously VOTED to go into executive session in order to
discuss the purchase, exchange, lease or value of real property and review and approve executive
session minutes. A roll call vote was taken: Reinhard — Aye, Paterson — Aye, Glidden — Aye,
Stackpole — Aye, Jelleme — Aye. The Chairman under Purpose 6 [G.L. c. 30A, 21(a)(6)] declared
that discussion of these matters in open session may be detrimental to the Land Bank's negotiating
position and that the Commission would not reconvene in regular session at the conclusion of
executive session.
ADJOURNMENT: Upon a motion made by Commissioner Stackpole and duly seconded by
Commissioner Glidden, it was VOTED to adjourn at 6:11 p.m.
Attested to:
Richard J. Glidden, Secretary
Accepted, Approved, and Released by the VOTE
of the Commission this 24th day of October, 2017.
Neil Paterson, Chairman
MONTHLY (UNAUDITED)
----- ..........
�...,�.��.��.� �-ML-C1VUAKLU7b
C-
Month
Total Exempt Taxable
Total Gross
Gross i
Revenue_
Transfers Transfers Transfers
Value
Value TaxableT
Received
93
59
_ 41 52 I
$98,369,206
$92,706,025:1
$1,862,120
-Jan-16
Feb -16
— --
Mar-16
Apr -16
100
68
32 _ 27
49 51
- -
$30,033,729
- $78,894,3241
- - -- - -
$27,52 729'
- - -
$550,475
$1,537;553
---
34 34
$68,631,755
-
May -16
85
-
1 50
$63,457,378
$1,269,148
Jun -16 -
103
35
51 52 I
$69,498,627
$62,815,751
$1,256;315
Jul -16
56
35
$92,768,837
$89,962,837
$1,799,923
_
Aug -16
83
I 21
48
$46,842,402
$45,392,587'
$907,852
--
Sep -1 6
1.05
j 35
48 �
$79,447,023
$75,538,100'
$1,511;230
Oct -16
94
57
39
$151,973,3521
$148,099,352
$2,962,654
__
Nov -16
101
55
50
$111,176,086
$107,025,586
$2,148;512
Dec -16
119
51
65 54
$96,829,251
$94,119,251
$1,892,585
$77,153,639
$72,588,639,
$1,483,738
-
THRU SEP 16
Average89
752
j
388 364
$716,459,255
$681,940,084
$13,657;270
Low-_-
56
45 44
$83,468,186 !
$79,639,463
$1,598;509
High
119
32 21
65
$30,033,729
$27,523,729
$550,475
57 1 $151,973,352
I
STATISTICS CALENDAR 2017
$148,099,352
$2,962,654
MONTHLY TRANSFER
CAL16
-- - -
Total
Exempt Taxable
Gross
_ -
Gross
- - -
Revenue
Month
Transfers
_Total
Transfers Transfers
Value
Value Taxable
_
Received
- Jan -17
Feb -17
91
61
48 43
$70,995,625
$64,626,277:
$1,298,476
Mar -17
88
3922
49
$37,927,950
$35,566,000;
$711,320
Apr -17
70
39 I
41
$86,162,201
$83,510,9011
$1,679,335
May -17 -
g2
29
47-- - _ _35 - --I -
$55,76_6,24_9
----
$54,331,249
$1,0__8__6_,6.25
Jun -17
112
54
$61,049,314
$57,758 014_
$1,155,160
--
Jul -17
_
58
56
$101,008,106
$96,807,856
$1,947,324
- - ___
Aug -17
__99
85
_ 43
37
$86,775,289
$80,305,289,
_ $1,614,906
_
- --_ Se -17
_
123
48
52
$100,460,304
$97,245,700
$1,945_861
Oct -17
71
$184,607,5621
$173,607,562'
$3,621,855
Nov -17 -----
- i —
j
- -
Dec -177 - - -
-
----�—
j
THRU SEP 17
811
423 388
$784,752,601
$743,758,848
$15,060,860
- __Average
90
47 43
$87,194,733
$82,639,872
$1,673,429
Low _
61
37 22
$37,927,950
$35,566,000
$711,320
-_-High
123
56 71
$184,607,562
$173,607,562 1
$3,621,855
MONTHLY (UNAUDITED)
DOCUMENTS AND EXHIBITS
Nantucket Land Bank Commission
Regular Meeting of October 10, 2017
1. Community Preservation Committee — FYI Applicants
2. Monthly Transfer Report — September 2017
3. "M" Exemptions and Notice of Liens (see transfer business for record nos.)
4. Calendar Year Transfer Statistics and Graphs — September 2017
5. Check Warrant Summary dated October 10, 2017
TRANSFER BUSINESS
Nantucket Land Bank Commission
Regular Meeting of October 10, 2017
1. September 2017 Transfers — Record Nos. 38831 through 38954
a. Current "M" Exemptions and Liens:
No. 38876 Angel Pleitez and Osmilda Tejada Pleitez
No. 38894 Jamie M. Foster and Courtney M. Foster
No. 38899 Liam T. Mackey and Courtney M. Miller
No. 38900 Frank Clay Twombly and Joseph Olson
No. 38902 Robert Giacchetti and Susan McCarthy
No. 38937 Jennifer C. Shalley