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Home My WebLink About2022-10-11 AGENDA Nantucket Land Bank Commission 2022 OCT �• Regular Meeting of October 11, 2022 } ' 22 Land Bank Conference Room, 22 Broad Street k CALL TO ORDER: 4:00 P.M. A. CONVENE IN OPEN SESSION 1. PUBLIC COMMENT/ STAFF ANNOUNCEMENTS 2. PROPERTY MANAGEMENT a. 30 Mizzenmast Extension-Burchell Farmhouse Improvements Discussion 3. TRANSFER BUSINESS a. Current"M"Exemption b. Current"0"Exemption 4. APPROVAL OF MINUTES a. Regular Meeting of September 27, 2022 5. FINANCIAL BUSINESS { a. Monthly Transfer Statistics b. Warrant Authorization—Cash Disbursement 6. REGULAR BUSINESS a. Harbor Plan Update Committee—Appointment 7. COMMISSIONERS ADDITIONAL QUESTIONS AND CONCERNS B. EXECUTIVE SESSION: The Executive Session is for Purpose 6[G.L. c. 30A, 21(a)(611. 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; and for Purpose 3 [G.L. c. 30A, 21(a)(3)], discussions concerning strategy with respect to ongoing litigation. The Commission will not reconvene in open session at the conclusion of executive session. 1. Approval of Executive Session Minutes 2. Land Court Department Action No. 20MISC000058: The Ceylon Elves, LLC v. Nantucket Islands Land Bank Commission(3 & 3B Wyer's Way) 3. 6 Wesco Place—Easement Encroachment 4. Real Estate Acquisition C. ADJOURNMENT MINUTES Nantucket Land Bank Commission 1 Regular Meeting of October 11, 2022 Land Bank Conference Room, 22 Broad Street Nantucket, Massachusetts CALL TO ORDER: 4:00 p.m. PRESENT: Mark Donato, Kristina Jelleme,Neil Paterson,Allen Reinhard, John Stackpole. STAFF PRESENT: Jesse Bell,Executive Director; Eleanor Antonietti, Executive Assistant; Susan Campese,Administrator/Finance Manager; Marian Wilson, Assistant Administrator; Rachael Freeman, Director of Environmental and Agricultural Resources. Judy Zurheide was also present at call to order. A. CONVENE IN OPEN SESSION: 1. PUBLIC COMMENT/ STAFF ANNOUNCEMENTS: a. Nantucket Half Marathon: Ms. Bell said the race went well and everyone enjoyed the course through Smooth Hummocks. The Commission was complimentary of the organizers who promoted the Land Bank and thanked staff who assisted in the event. 2. TRANSFER BUSINESS: a. September 2022 Transfers—Record Nos. 44896 through 44981: The Commission reviewed transfers for the period of September 1, 2022,through September 30, 2022. 1. 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. 44930 Jacqueline Echeverria, Luis D. German-Hiraldo and Hamlet D.Alvarado-Hiraldo No. 44941 Daniel Day and Anna Day • 2. Current"0"Exemption and Lien: The Commission authorized the placing of a lien against the following property as a result of the purchaser claiming the"0" exemption as part of a deed-restricted affordable housing program: No. 44928 Daniela Grozdanova and Boyko Grozdanovies: Upon a motion made by Commissioner Jelleme and duly seconded by Commissioner Donato, it was unanimously VOTED to execute and authorize the issuance of Notices of Lien on the above- referenced properties. . Land Bank Commission Page 2 October 11, 2022 3. APPROVAL OF MINUTES: Upon a motion made by Commissioner Stackpole and duly seconded by Commissioner Jelleme, it was unanimously VOTED to accept, approve, and release the regular session minutes of September 27, 2022, as written. 4. FINANCIAL BUSINESS: a. Monthly Transfer Statistics: Monthly transfer statistics reports comparing J calendar years 2021 and 2022 through September 2022 were presented to the Commission. b. Warrant Authorization—Cash Disbursements: Upon a motion made by Commissioner Stackpole and duly seconded by Commissioner Reinhard, it was VOTED to execute the October 11, 2022, warrant document in the amount of$247,789.74 to be provided to the County Treasurer. Architect Ethan Griffin entered the meeting at 4:09 p.m. 5. REGULAR BUSINESS: a. Municipal Harbor Plan Update Committee—Appointment: Ms. Bell explained that a committee was being formed to update the Town's Municipal Harbor Plan("MHP") from 2009. Ms. Bell indicated that she advocated for Land Bank participation in this effort given our ownership interests and projects being permitted along the downtown waterfront. Further, it was explained that the MHP carried considerable weight with MassDEP when evaluating and I approving Chapter 91 licenses. Accordingly,the Land Bank was invited to have a representative on the committee and Ms. Bell expressed interest in being nominated as the Land Bank's appointee. Upon a motion made by Commissioner Stackpole and duly seconded by Commissioner Reinhard, it was unanimously VOTED to nominate Ms. Bell as the Land Bank's appointee on the Municipal Harbor Plan update committee. 6. PROPERTY MANAGEMENT: a. 30 Mizzenmast Extension—Burchell Farmhouse Improvement Discussion: Mr. Griffin outlined the criteria on how he looked at the property,namely: (1) items that needed to be addressed right away (safety issues,water infiltration, insulation); (2) how to address the needs and wants of the current occupants through additional space; and (3)how to maximize the potential of the property (new foundation, addition). He presented several options that addressed each condition. The consensus of the Commission was to go with"Option 2C"which addressed the water infiltration,replaced windows that did not meet current egress standards,upgraded the second-floor bathroom, insulated the flooring system, and added a shed addition to expand some indoor space from a mud room into either an additional bedroom or playroom. Further,the Commission asked Mr. Griffin to investigate the possibility of adding an additional building to the property. Upon a motion made by Commissioner Donato and duly seconded by E Commissioner Stackpole, it was unanimously VOTED to move forward with detailed design and permitting for Option 2C. Land Bank Commission Page 3 October 11, 2022 Mr. Griffin departed the meeting at 4:35 p.m. 7. COMMISSIONERS ADDITIONAL QUESTIONS AND CONCERNS:None. Ms. Zurhiedi departed the meeting at 4:41 p.m. II. EXECUTIVE SESSION: A motion was made by Commissioner Reinhard and duly seconded by Commissioner Stackpole to go into executive session in order to discuss litigation,the purchase, exchange, lease or value of real property and review and approve executive session minutes. A roll call vote was taken on the motion: Mark Donato-Aye; Kristina Jelleme-Aye;Neil Paterson-Aye; Allen Reinhard-Aye; John Stackpole-Aye. The Chairman declared under Purpose 3 {G.L. c. 30A, 21(a)(3)] and Purpose 6 [G.L. c. 30A, 21(a)(6)] that discussion of these matters in open session may be detrimental to the Land Bank's negotiating position. ADJOURNMENT: Upon a motion made by Commissioner Reinhard and duly seconded by Commissioner Donato, it was VOTED to adjourn at 5:52 p.m. Attested to: or- John J. Stackpole, Vice Secret /Vice Treasurer P Secretary Nice Approved, and Released by the VOTE of the Commission this 27th day of October 2022. `V141,1 Neil Paterson, Chairman • • 1 ..._ MONTHLY TRANSFER STATISTICS CALENDAR2021 CAL21 Total Exempt Taxable Total Gross Gross Revenue Month Transfers Transfers Transfers Value Value Taxable Received Jan-21 118 60 50 $108,513,635 $102,961,135 $2,069,223 Feb-21 87 48 39 $107,677,305 $99,427,305 $1,988,546 Mar-21 125 62 63 $149,643,408 $144,563,748 $2,903,275 Apr-21 154 74 80 $253,758,427 $248,349,549 $4,980,991 May-21 113 47 66 $129,395,513 $124,775,513 $2,495,510 Jun-21 111 44 67 $162,548,991 $159,052,699 $3,181,054 Jul-21 86 34 52 $160,463,031 $156,448,031 $3,128,961 Aug-21 94 52 42 $147,307,536 $137,682,536 $2,753,651 Sep-21 120 41 79 $279,227,463 $277,117,463 $5,542,349 Oct-21 197 56 141 $582,600,629 $579,326,185 $11,586,524 Nov-21 129 56 73 $213,581,181 $210,102,666 $4,214,053 Dec-21 177 103 74 $312,971,054 $299,536,054 $5,990,721 THRU SEP 21 1008 462 538 $1,498,535;309. $1,450,377,979 $29;043.,560 Average 126 56 69 $217,307,348 $211,611,907 $4,236,238 Low 86 34 39 $107,677,305 $99,427,305 $1,988,546 High 197 103 141 $582,600,629 $579,326,185 $11,586,524 i MONTHLY''TRANSFERSTATISTICS.CALENDAR"2022 CAL22 Total Exempt Taxable Total Gross Gross Revenue Month Transfers Transfers Transfers Value Value Taxable Received Jan-22 81 42 39 $111,899,100 $97,499,100 $1,950,732 Feb-22 49 30 19 $64,634,159 $62,761,659 $1,254,483 Mar-22 93 58 35 $108,126,499 $89,777,499 • $1,805,550 Apr-22 91 39 52 $208,684,710 $203,890,995 $4,085,810 May-22 85 50 35 $114,937,121 $107,212,121 $2,144,242 Jun-22 98 57 41 $130,698,457 $122,677,055 $2,453,541 Jul-22 79 48 31 $124,164,276 $119,014,276 $2,387,886 Aug-22 81 57 24 $84,455,392 $70,037,323 $1,417,575 Sep-22 85 41 44 $199,748,058 $192,528,058 $3,850,561 Oct-22 Nov-22 Dec-22 • THRUSEP22 742 422 320 $1;147,347,772 $1,065•,398,086 $21.,350,380. Average 82 47 36 $127,483,086 $118,377,565 $2,372,264 Low 49 30 19 $64,634,159 $62,761,659 $1,254,483 High 98 58 52 $208,684,710 $203,890,995 $4,085,810 { MONTHLY(UNAUDITED) DOCUMENTS AND EXHIBITS Nantucket Land Bank Commission Regular Meeting of October 11, 2022 1. Monthly Transfer Report—September 2022 2. Current"M"Exemptions (see transfer business for record nos.) 3. Current"0"Exemption(see transfer business for record no.) 4. Calendar Year Transfer Statistics and Graphs—September 2022 5. Check Warrant Summary dated October 11, 2022 6. 30 Mizzenmast Extension—Improvement Packet r TRANSFER BUSINESS Nantucket Land Bank Commission Regular Meeting of October 11, 2022 1. September 2022 Transfers—Record Nos. 44896 through 44981 a. Current"M"Exemptions and Liens: No. 44930 Jacqueline Echeverria, Luis D. German-Hiraldo and Hamlet D. Alvarado-Hiraldo No. 44941 Daniel Day and Anna Day b. Current"0"Exemption and Lien: No. 44928 Daniela Grozdanova and Boyko Grozdanov I