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HomeMy WebLinkAbout2012-9-25MINUTES Nantucket Land Bank Commission Regular Meeting of September 25, 2012 C C7) — —+ Land Bank Meeting Room, 22 Broad Street M M ~ ~o M M Nantucket, Massachusetts _ __q m m CD M M C":1 m f -+ STAFF PRESENT: Eric Savetsky, Executive Director; Susan Campese, Assis€§nt Administrator. A. CITIZENS BUSINESS /ANNOUNCEMENTS: None. B. EXECUTIVE SESSION: Upon a motion made and duly seconded, it was unanimously VOTED to go into executive session in order to discuss the purchase, exchange, lease or value of real property. Each member was polled individually. All members voted yes. The Chairman declared that discussion of these matters in open session may be detrimental to the Land Bank's negotiating position and that the Commission would reconvene into regular session following executive session. RETURN TO OPEN SESSION C. PROPERTY MANAGEMENT: Resource Planner /Ecologist, Bruce Perry; Miacomet Golf General Manager, Alan Costa; Miacomet Golf Course Superintendent, Sean Oberly; Miacomet Golf Membership Committee Chairman, John Daniels entered the meeting at 4:25 p. m. D. PROPERTY MANAGEMENT: 1. Miacomet/Sconset Golf Course – Manager's Monthly Review: a. Sconset Golf Course – Financial Report: The Commission reviewed the balance sheet and profit and loss comparison through August 2012, as well as the August 2012 check register. Mr. Costa said income was steady and he expected to be able to pay back a large portion of the start-up money the Land Bank had advanced to Sconset Golf. b. Sconset Golf Course – Closing Discussion: Mr. Costa told the Commission Sconset Golf Course had never stayed open past Columbus Day in the past and in recent years had closed on Labor Day. Although, he and the Commissioners had several requests to stay open longer, he recommended closing after Columbus Day weekend so work could begin on improving the course. c. Merchandise Sales – Update: Mr. Costa said sales of Sconset Golf hats with the simple graphics and year were very popular and sales were brisk. Land Bank Commission September 25, 2012 Page 2 A financial report prepared by Burke & Lamb, P. C. for the Commission to review, representing the financial position of Miacomet Golf as of June 30, 2012 and 2011 was distributed. d. Miacomet Golf Course - Financial Report: The Commission reviewed the balance sheet and profit and loss comparison through August 31, 2012, as well as the check register for August 2012. Mr. Costa reported continued improvement over last year with increased income due in part to the popularity of the course, excellent service and good weather. Mr. Costa answered various questions from the Commission pertaining to the check register. e. Miacomet Golf Course — Cart Path Update: Mr. Costa reported he and Commissioner Gardner would be meeting with Town of Nantucket Procurement Officer, Diane O'Neil, to go over the Request for Proposals (RFP) for the cart path project and would report back to the Commission. f. Miacomet Golf Course — Master Plan Update: Mr. Savetsky read a memo from Commissioner Gardner reporting that the Request for Qualifications (RFQ) has been distributed with a due date of October 17, 2012. Additionally, the split rail fence for the driving range will be installed next week by Land Bank staff. g. Miacomet Golf Course — Tee Box Discussion: Mr. Oberly reported that he is working on estimates to raise three of the existing tee boxes in the event the additional longer tee boxes are not approved. He stated that raising the tee boxes would improve play as some of the bunkers are not visible from the existing tees. h. Miacomet Golf Course — Employee Golf Benefits: Mr. Costa presented a proposal from Miacomet member and part-time summer employee Richard Brannigan to provide a $7 /hour credit towards golf membership dues for member /employees. Mr. Costa explained the current policy and recommended continuing with it as the proposed changes were complicated and tracking the credits would be labor intensive for the office staff. The Commission determined to make no changes to the current employee golf benefits. i. Miacomet Golf Course — NEGCOA Facility of the Year Award Nomination: Mr. Costa reported he had submitted an application to the New England Golf Course Owners Association (NEGCOA) for Miacomet Golf Course as 2013 Facility of the Year and the winner would be announced on Tuesday October 2, 2012. 2. Miacomet Golf Course — Membership Committee Meeting Scheduling: Mr. Daniels requested rescheduling the Membership Committee meeting with the Commission from October 1, 2012 to October 10, 2012 so more members could attend. The Commission had no objection to the change of date and determined to post and schedule the meeting for 5:00 p.m. on Wednesday October 10, 2012 at Miacomet Golf Club. Mr. Costa, Mr. Oberly, and Mr. Daniels departed the meeting at 4:58 p.m. E. TRANSFER BUSINESS: Land Bank Commission September 25, 2012 Page 3 a. Five -Year Domicile and Ownership Compliance — Release of Liens: Upon a motion made and duly seconded, it was unanimously VOTED to execute and authorize the issuance of a Release of Lien for each of the following transfers as a result of the purchasers fulfilling all of the requirements of Section 12, subsection ( -m -): No. 16499 Sabine W. Liebmann No. 28368 Michael B. Day and Jessica Gage No. 28402 Robert P. Rank and Rosalind M. Rank No. 28417 Amanda Olin No. 28426 Jacob Joseph Pickman No. 28430 Lisa Toney and Burton C. Toney No. 28448 Kate Merlini Fraser and Gordon Fraser No. 28456 Toni Struncis No. 28457 Troy N. Towne and Linda M. Towne No. 28458 Corey Ray and Sarah Ray No. 28459 Bradley G. MacDonald and Tracy R. MacDonald No. 28460 Heather A. Francis and Devon Francis No. 28461 Robert K. Earle and Rebecca K. Earle No. 28462 Cheryl A. Buckley and Blaine C. Buckley No. 28463 Eriberto Chacon and Maria Rosa Chacon No. 28464 Charles E. Davis, III and Deborah M. Davis No. 28465 Frederick C. Tilton, Jr. and Kerry E. Tilton F. APPROVAL OF MINUTES: Upon a motion made and duly seconded, it was unanimously VOTED to accept, approve and release the regular session minutes of September 1, 2012, as written. G. FINANCIAL BUSINESS: 1. Fiscal Year 2012 Audited Financial Statements: Ms. Campese presented the Fiscal Year 2012 audited financial statements prepared by Kevin Carnes from O'Connor & Drew, P.C. Upon a motion made and duly seconded, it was unanimously VOTED to accept and approve the Fiscal Year 2012 audited financial statements. 2. Execution of Management Representation Letter to Auditor: Mr. Savetsky explained the auditor required a letter from the Land Bank representing that to the best of the Commissions and staff's knowledge everything had been disclosed and provided to the auditors as requested. Upon a motion made and duly seconded, it was unanimously VOTED to have Chairman Stackpole execute the management representation letter to the auditor. 3. Monthly Financial Report: The Commission accepted the August 2012 financial report including the balance sheet and income statement previously provided by electronic correspondence. Land Bank Commission September 25, 2012 Page 4 4. Warrant Authorization — Cash Disbursements: Upon a motion made and duly seconded, it was unanimously VOTED to execute the September 25, 2012 warrant document in the amount of $10,880.49 to be provided to the county treasurer. H. REGULAR BUSINESS: 1. Blair /15 North Liberty Street — Execution of Deed: Mr. Savetsky reported the sale of the Blair house was scheduled for Monday October 1, 2012 and the deed was prepared. Upon a motion made and duly seconded, it was unanimously VOTED to execute the deed conveying the Blair house at 15 North Liberty Street from the Nantucket Land Bank to James Houghton and Thomas Piemonte for $806,000. I. PROPERTY MANAGEMENT: 1. Bachman House /158 Orange Street — Lease Extension: Commissioner Paterson asked for it to be noted in the minutes that he was changing his vote of August 28, 2012 on the lease extension of the Bachman House from yea to nay, because after further consideration he decided that he was opposed to the monetary terms of the lease extension. ADJOURNMENT: Upon motion made and duly seconded, it was VOTED to adjourn at 6:22 p.m. Attested to: , Secretary Accepted, Approved, and Released by the VOTE of the Commission this 9th day of October, 2012. N J O J CV M i co � al Q F- 0 �a W a 1 U i Z W i ~ ip N o N V o 00 V N N O O m w 00 M V (0 00 O r W N O 'V r r r M "t M r M au O �- O O r w a) V o m (7 V w O o o m (Pi V o N M O O m M M N N t9 00 r N O w W O M I In O v M (L) N 00 N O c r n n N r O R 'r OD O M N M O (n r 00 N M m V (0b of O N M W Vi t61 (H M N 6% N V M 'Q Qj 00 04 Vi V! 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C C N Z O O It O N F m fn N c N c N c m Z C m ❑ O N c Q. n to J w E Z Z J Z o 0 o c E ~ m N it N I 10 m 0 O C d a 0 2 e Z DOCUMENTS AND EXHIBITS Nantucket Land Bank Commission Regular Meeting of September 25, 2012 1. SGC Financial Reports — August 2012 2. MGC Financial Reports — August 2012 3. Financial report prepared by Burke & Lamb, P.C. for MGC as of June 30, 2012 and 2011 4. Memo from Bob Gardner for the MGC Capital Improvement Committee 5. "M" Exemption Update /Five -Year Domicile & Ownership Compliance Release of Liens (see transfer business for record nos.) 6. Draft Audited Financial Statements 7. Management Representation letter to Auditors 8. Land Bank Financial Reports — August 2012 9. Check Warrant Summary and Warrant Authorization dated September 25, 2012 10. Deed conveying 15 North Liberty St. from NILB to Houghton/Piemonte TRANSFER BUSINESS Nantucket Land Bank Commission Regular Meeting of September 25, 2012 1. "M" Exemption Update: a. Five -Year Domicile and Ownership Compliance — Release of Liens: No. 16499 Sabine W. Liebmann* No. 28368 Michael B. Day and Jessica Gage No. 28402 Robert P. Rank and Rosalind M. Rank No. 28417 Amanda Olin No. 28426 Jacob Joseph Pickman No. 28430 Lisa Toney and Burton C. Toney No. 28448 Kate Merlini Fraser and Gordon Fraser No. 28456 Toni Struncis No. 28457 Troy N. Towne and Linda M. Towne No. 28458 Corey Ray and Sarah Ray No. 28459 Bradley G. MacDonald and Tracy R. MacDonald No. 28460 Heather A. Francis and Devon Francis No. 28461 Robert K. Earle and Rebecca K. Earle No. 28462 Cheryl A. Buckley and Blaine C. Buckley No. 28463 Eriberto Chacon and Maria Rosa Chacon No. 28464 Charles E. Davis, III and Deborah M. Davis No. 28465 Frederick C. Tilton, Jr. and Kerry E. Tilton *Release never processed in 2003 AGENDA Nantucket Land Bank Commission Regular Meeting of September 25, 2012 Land Bank Meeting Room, 22 Broad Street Nantucket, Massachusetts CALL TO ORDER: 4:00 P.M. MINUTES OF THE REGULAR MEETING OF SEPTEMBER 11, 2012 A. CITIZEN BUSINESS /ANNOUNCEMENTS B. EXECUTIVE SESSION 1. Approval of Executive Session Minutes 2. Real Estate Acquisition C. PROPERTY MANAGEMENT 1. Miacomet /Sconset Golf Course — Manager's Monthly Review 2. Miacomet Golf Course — Membership Committee Meeting Scheduling D. TRANSFER BUSINESS E. FINANCIAL BUSINESS 1. Fiscal Year 2012 Audited Financial Statements 2. Execution of Management Representation Letter to Auditor 3. Monthly Financial Report 4. Warrant Authorization — Cash Disbursements F. REGULAR BUSINESS 1. Blair /15 North Liberty Street — Execution of Deed G. PROPERTY MANAGEMENT 1. Bachman/158 Orange Street — Lease Extension ADJOURNMENT