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Home My WebLink About2009-10-13 IG '~ AGENDA Nantucket Land Bank Commission Regular Meeting of October 13,2009 Land Bank Meeting Room, 22 Broad Street Nantucket, Massachusetts CALL TO ORDER to A. EXECUTIVE SESSION ~ '--~ B. CITIZEN BUSINESS/ANNOUNCEMENTS C. MINUTES OF THE REGULAR MEETING OF SEPTEMBER 22, 2009 D. PROPERTY MANAGEMENT I. Reith Property - House Disposition E. TRANSFER BUSINESS F. FINANCIAL BUSINESS I. Monthly Transfer Statistics 2. Warrant Authorization - Cash Disbursements G. REGULAR BUSINESS I. Community Preservation Committee - Member Appointment 2. Website Development - Update H. PERSONNEL MATTERS 1. Office Administration 2. Assistant Property Manager - Annual Review ADJOURNMENT , ~ MINUTES Nantucket Land Bank Commission Regular Meeting of October 13,2009 Land Bank Meeting Room, 22 Broad Street Nantucket, Massachusetts CALL TO ORDER: 4:05 P.M. PRESENT: Bartlett, Johnson, Reinhard, Stackpole. ABSENT: Gardner. A. EXECUTIVE SESSION: Upon a motion made and duly seconded, it was VOTED to go into Executive Session. Each member was polled individually. All members voted yes. The Chairman noted that the Commission would reconvene into regular session and that the purpose of going into executive session was to discuss matters related to approval of the minutes and land acquisition. Commissioner Gardner entered the meeting at this time. RETURN TO OPEN SESSION B. CITIZEN BUSINESS/ANNOUNCEMENTS: None. C. APPROVAL OF MINUTES: Upon a motion made and duly seconded, it was VOTED to accept, approve and release the regular session minutes of September 22, 2009. D. PROPERTY MANAGEMENT: 1. Reith Property - House Disposition: Resource Planner/Ecologist Bruce Perry reported that Marina Cholaki has decided not to accept the Reith House as granted by a vote of the Commission on September 22, 2009 and presented the letters of interest previously considered in response to the advertisement for removal of the house from the property. Based on his offer to provide a $5,000 donation upon receipt of a certificate of occupancy, upon a motion made and duly seconded, it was VOTED to grant the house to John Trudel. 2. Miacomet Golf Course - Pitch and Putt Gaming Area Discussion: The Commission initiated a discussion regarding the potential for creating a pitch and putt gaming area at the Miacomet Golf Course and asked Mr. Perry to work to create an aerial map of the area showing endangered plants for planning purposes. 3. Latici Property - House Removal Discussion: After a discussion regarding Mr. Latici's decision to abandon his continued lease of the property as of November 1,2009, upon a motion made and duly seconded, it was VOTED to grant the main house to Mr. Latici subject to his ability to have the house removed from the property by May 1,2010. E. TRANSFER BUSINESS: 1. Transfer Record Nos. 30062 through 30153: The Commission reviewed transfers for the period of September 1, 2009 through September 30, 2009. Land Bank Commission October 13,2009 Page 2 2. Transfer Update: a. Additional Information Provided: Based upon the submission of a satisfactorily completed Form B, the Commission found the following transfers to be in order: No. 30031 The Douglas Woodyatt Island Family, LLC No. 30032 The Douglas Woodyatt Island Family, LLC No. 30037 Robert Alexander Ernst and Julianna Ernst Geer b. Purchase Price Documentation Provided: Based upon the submission of the requested documentation supporting the stated purchase price, the Commission found the following transfers to be in order: No. 29909 Mary Beth Wise No. 29941 2-4 Lily Street, LLC No. 30021 Scott C. Milligan and Jasmine Milligan 3. "M" Exemption Update: a. Two-Year Domicile Compliance! Response to Inquiry - No. 28426 Jacob Joseph Pickman: Based upon receipt of the requested documentation supporting the purchaser's compliance with the two-year domicile requirement of the "M" exemption, the Commission found the transfer to be in order at this time. b. Two-Year Domicile Non Compliance / Notice of Assessment - No. 27318 Christopher Gallant and Annette Tremblay: Based on a lack of response to written requests for information regarding the purchaser's compliance with the two-year domicile requirement of the "M" exemption and after the expiration of a one-year extension on September 21, 2009 (which was granted on December 16, 2008), upon a motion made and duly seconded, the Commission VOTED to issue a Notice of Assessment for the outstanding Land Bank fee plus penalty and accrued interest since the date of the transfer. c. Two-Year Domicile Non Compliance / Notice of Assessment - No. 24667 Julia P. Banks n.k.a. Julia Banks Hauck: Based on a lack of response to multiple written requests for information regarding the purchaser's compliance with the two-year domicile requirement of the "M" exemption, upon a motion made and duly seconded, the Commission VOTED to issue a Notice of Assessment for the outstanding Land Bank fee plus penalty and accrued interest since the date of the transfer. d. Amended Notice of Lien - No. 29202 Diarmuid O'Mahoney: Based on the submission of a confirmatory deed correcting the property description of the condominium unit purchased by Mr. O'Mahoney on July 11,2008 as processed by Land Bank Record No. 30188, upon a motion made and duly seconded, it was VOTED to execute and authorize an Amended Notice of Lien in order to properly reference the purchaser's actual real property interest. Land Bank Commission October 13,2009 Page 3 F. FINANCIAL BUSINESS: 1. Monthly Transfer Statistics: The September 2009 transfer statistics were presented. 2. Warrant Authorization - Cash Disbursements: Upon a motion made and duly seconded, it was VOTED to execute the October 13, 2009 warrant document in the amount of $73,208.86 to be provided to the county treasurer. G. REGULAR BUSINESS: 1. Community Preservation Committee Update: After a discussion, upon a motion made and duly seconded, it was VOTED to appoint Ken Beaugrand as the LandBank's representative to the Community Preservation Committee for one year. 2. Web site Development Update: Ms. Hunter notified the Commission that the Land Bank's newly renovated website was near completion and is expected to be launched the following week. H. PERSONNEL MATTERS: 1. Office Administration Discussion: Office Administrator Katie Hunter announced that she would be resigning from the Land Bank at the end of the calendar year due to personal reasons and recommended that the Commission consider Office Assistant Jesse Bell for the position. 2. Assistant Property Manager - Annual Review: Based upon a favorable review and recommendation from the Director, upon a motion made and duly seconded, the Commission V OTED to approve a 3 % cost of living increase, bringing Mr. Boynton's salary to $60, 102.00 effective October 25, 2009. ADJOURNMENT: Upon a motion mar and duly seconded, it was VOTED to adjourn at 5:34 P.M. . Attested to: '~I Accepted, Approved, and Released by the VOTE of the Commission this 27th day of October, 2009. 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CAL08 Total Exempt Taxable Total Gross Gross Month Transfers Transfers Transfers Value Value Taxable Jan-08 81 46 35 $71,587,030 $68,587,030 Feb-08 68 44 24 $42,748,590 $42,348,590 Mar-08 59 38 21 $40,306,700 $39,606,700 Apr-08 61 37 24 $36,321,250 $35,921,250 May-08 98 83 15 $22,986,126 $20,986,126 Jun-08 68 41 27 $49,391,772 $46,394,550 Jul-08 65 38 27 $47,229,858 $46,335,111 Aug-08 63 38 25 $84,318,085 $83,708,085 Sep-08 76 39 37 $55,282,900 $54,882,900 Oct-08 68 39 29 $52,249,003 $51,846,781 Nov-08 54 32 22 $41,932,496 $41,532,496 Dec-08 105 74 31 $51,609,065 $50,799,065 TH~Y~EeQ~[.i~~~ ;4.~P;1~~~~11...... ......H....$4~&~'l7Q;~4~. Average 72 46 26 $49,663,573 $48,579,057 Low 54 32 15 $22,986,126 $20,986,126 High 105 83 37 $84,318,085 $83,708,085 MONl1BI2-l11RANSeeRSl1ATJSl1lOS:0AI1E:NOA.R2009.'//))) . .... ..... ...... ..,......... .'. .'. .... . ....... .'. .... .'. ...... ..... .... .;.;..........;..... . .'. .';. ........:;.. ...... .'. ;.:.;.:.;.;.:.;.:...... ........ ...................... .................................. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ................................................................... .................................. ................................. .................................. ................................. .................................. ....................... ....................... ....................... ....................... ....................... ....................... ....................... ....................... ........................ ....................... . . . . . . . . . . . . . . . . . . . . . . . . ...................... . . . . . . . - . . . . . . . . . . . . . . . . . . . . . . . . . . . . - . . . . . . ...................................... .. .................................. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . ............................ ......................... ..................... . . . . . . . . . . . . . . . . . . Revenue Received $1,389,068 $858,972 $794,934 $722,425 $466,722 $929,891 $928,702 $1,678,162 $1,097,658 $1,043,786 $846,650 $1,019,981 $981,413 $466,722 $1,678,162 CAL09 Total Exempt Taxable Total Gross Gross Revenue Month Transfers Transfers Transfers Value Value Taxable Received Jan-09 59 45 14 $21,784,925 $15,984,925 $319,787 Feb-09 53 37 16 $14,330,594 $12,538,233 $239,530 Mar-09 53 42 11 $17,755,594 $15,955,594 $327,112 Apr-09 52 34 18 $39,600,613 $29,920,613 $598,412 May-09 68 43 25 $18,179,460 $14,853,400 $297,068 Jun-09 58 45 13 $10,720,838 $8,885,838 $185,717 Jul-09 61 41 20 $44,644,114 $42,991,125 $878,323 Aug-09 37 25 12 $17,214,552 $12,649,226 $252,985 Seo-09 92 46 46 $67,744,386 $64,608,073 $1,280,828 Oct-09 Nov-09 Dec-09 1;~?~;~t~.:........H$g1~)?~ , Average 59 40 19 $27,997,231 $24,265,225 $486,640 Low 37 25 11 $10,720,838 $8,885,838 $185,717 High 92 46 46 $67,744,386 $64,608,073 $1,280,828 MONTHL Y (UNAUDITED) TRANSFER BUSINESS Nantucket Land Bank Commission Regular Meeting of October 13, 2009 1. September 2009 Transfers - Record Nos. 30062 through 30153: 2. Transfer Update: a. Additional Information Provided: No. 30031 The Douglas Woodyatt Island Family, LLC No. 30032 The Douglas Woodyatt Island Family, LLC No. 30037 Robert Alexander Ernst and Julianna Ernst Geer b. Purchase Price Documentation Provided: No. 30050 Zeta Real Estate Management II, LLC 3. "M" Exemption Update: a. Two-Year Domicile Compliance - Response to Inquiry: No. 28426 Jacob Joseph Pickman b. Two- Year Domicile Non-Compliance - Notice of Assessment: ~ No. 27318 Christopher Gallant and Annette Tremblay c. Five- Year Domicile Non-Compliance - Notice of Assessment: No. 24667 Julia P. Banks n.k.a. Julia Banks Hauck d. Amended Notice of Lien: No. 30189 Diarmuid O'Mahoney C:\WP60IMINDOCSITRANSFER BUSINESS 09 1st meeting. doc