HomeMy WebLinkAbout2014-11-10MINUTES
Nantucket Land Bank Commission
Regular Meeting of November 10, 2014
Land Bank Meeting Room, 22 Broad Street
Nantucket, Massachusetts
CALL TO ORDER: 4:00 P.M.
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PRESENT: Gardner, Paterson, Reinhard. ABSENT: Bartlett, Stackpole.+
STAFF PRESENT: Jesse Bell, Assistant Director; Susan Campese, Administrator /Finances nl
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Manager; Marian Wilson, Assistant Administrator. J
Rob Wellen of Wellen Construction and Abigail Slosek of Moors End Farm were also jires n at
call to order.
A. PROPERTY MANAGEMENT:
1. Moors End Farm — Barn Relocation Request: Mr. Wellen informed the Commission that
due to an impending property sale, he is seeking the Commissioners approval to remove and
relocate the barn at Pippen's Way to Moors End Farm which is owned by the Land Bank but leased
back to the Slosek family. Ms. Slosek stated that the barn would be used for agricultural purposes
related to the farm operation. After some discussion, upon a motion made and duly seconded, it
was unanimously VOTED to approve the request subject to a legal review of the lease by Land
Bank counsel and staff site plan approval and all costs associated with the move be the obligation
of Mr. Wellen and the Slosek family.
Mr. Wellen and Ms. Slosek departed the meeting at 5: 00 p. m.
B. CITIZEN BUSINESS /ANNOUCEMENTS:
1. Acknowledgement of Donation: Ms. Bell reported that a donation of $600 was received
from the Bazos family. The Commission requested that Ms. Bell send a letter to the Bazos family,
thanking them for the donation.
C. 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, litigation and review and approve executive session minutes. 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 in regular session following executive session.
RETURN TO OPEN SESSION
Community Preservation Committee Land Bank Designee, Ken Beaugrand entered at 4:55 p. m.
Land Bank Commission
November 10, 2014
D. REGULAR BUSINESS:
Page 2
1. Community Preservation Committee ( "CPC ") — Review of Proposals: Mr. Beaugrand
reported that there were 19 applications totaling $5,908,357.24 for Fiscal Year 2016 being
considered for CPC funding. Mr. Beaugrand estimated that the committee would have between $2.3
and $2.5 million to allocate for FYI 6. He reviewed the open space applications and received input
from the Commission on each of them. Mr. Beaugrand stated that the quality of presentations this
year was outstanding. Further, he expressed how well Ms. Bell presented the Land Bank application
for the 'Sconset Golf Clubhouse and that the CPC members were impressed with the historical
details she uncovered.
Mr. Beaugrand departed the meeting at 5:25 p. m.
E. APPROVAL OF MINUTES: Upon a motion made and duly seconded, it was unanimously
VOTED to accept, approve and release the regular session minutes of October 28, 2014, as written.
F. TRANSFER BUSINESS:
1. October 2014 Transfers — Record Nos. 35600 through 35746:
a. Current "M" Exemptions and Liens: The Commission authorized the placing of a
lien against each of the following properties as a result of the purchasers claiming the "M"
exemption as first -time buyers of real property:
No. 35600 Lauren M. Ard and Warren H. Ard,II
No. 35621 Shane M. Corry and Alyssa K. Corry
No. 35738 Nerijus Paulauskas
No. 35746 Angela L. Giles and Janet L. Colby
G. FINANCIAL BUSINESS:
1. Monthly Transfer Statistics: Monthly transfer statistics reports comparing calendar years
2013 and 2014 through October 2014 were presented.
2. Warrant Authorization — Cash Disbursements: Upon a motion made and duly seconded, it
was unanimously VOTED to execute the November 10, 2014 warrant document in the amount of
$128,872.79 to be provided to the county treasurer.
3. Warrant Authorization — 2007 Series A Semi- Annual Bond Payment: Upon a motion
made and duly seconded, it was unanimously VOTED to approve payment and authorize staff to
wire the Series A semi - annual bond payment of interest and principal in the total amount of
$865,009.39 from the Land Bank's Collection Account to the Bond Trustee at U.S. Bank.
H. PROPERTY MANAGEMENT:
Land Bank Commission
November 10, 2014
Page 3
1. 401h Pole — Access Request for Off -Site Erosion Control: Ms. Bell informed the
Commission that Mr. Savetsky had approved a request from the owners of 121 Eel Point Road to
drive heavy equipment across 40th Pole to gain access to the coastal bank in front of their property
for a beach nourishment project which will take less than a week to complete, with no staging and
storage on the beach or beach parking lot. Further, the clients have offered to pay $1,000 to the
Land Bank to be used for road grading.
I. GOLF BUSINESS:
a. Sconset Golf Course — Domestic Water: Commissioner Gardner recommended leaving
the water on until Christmas for asbestos abatement project. In the meantime, the municipal water
line should be hooked up to Clubhouse by mid - December.
b. Sconset Golf Course ( "SGC ") — Equipment Request: Commissioner Gardner relayed a
request from Mr. Oberly to buy -out two utility golf carts for a total of $5,400 from Miacomet Golf's
lease for use at SGC. Upon a motion made and duly seconded, it was unanimously VOTED to
approve the request.
ADJOURNMENT: Upon a motion made and duly seconded, it was VOTED to adjourn at 6:24 P.M.
Attested to:�
Neil Paterson, Secretary
Accepted, Approved, and Released by the VOTE
of tlonission this 25th day of November, 2014.
MONTHLY TRANSFER STATISTICS CALENDAR 2013
CAL13
Total
Exempt
Taxable
Total Gross
Gross
Revenue
Month
Transfers
Transfers
Transfers
Value
Value Taxable
Received
Jan -13
63
44
19
$34,484,687
$34,484,687
$689,694
Feb -13
82
47
35
$30,549,050
$30,549,050
$610,981
Mar -13
86
59
27
$28,375,401
$19,594,108
$391,882
Apr -13
99
72
27
$30,184,310
$27,531,512
$550,630
May -13
82
41
41
$67,451,345
$63,327,499
$1,259,850
Jun -13
80
33
47
$83,041,129
$81,393,629
$1,627,873
Jul -13
81
45
36
$39,269,537
$36,279,537
$735,021
Aug -13
78
26
52
$103,362,429
$100,769,700
$2,023,394
Sep -13
107
31
76
$99,058,451
$97,612,951
$1,952,259
Oct -13
128
44
84
$148,561,985
$146,714,985
$2,934,300
Nov -13
88
44
44
$59,407,600
$56,541,850
$1,130,837
Dec -13
108
54
54
$77,487,991
$72,594,425
$1,451,889
THRU OCT 13
Average
886
90
442
48
444
40
$664,338,325
$66,769,493
$638,257,659
$63,949,494
$12,775,884
$1,279,884
Low
63
26
19
$28,375,401
$19,594,108
$391,882
High
128
72
84
$148,561,985
$146,714,985
$2,934,300
MONTHLY TRANSFER STATISTICS CALENDAR 2014
CAL14
Total
Exempt
Taxable
Total Gross
Gross
Revenue
Month
Transfers
Transfers
Transfers
Value
Value Taxable
Received
Jan -14
83
54
29
$63,272,803
$61,129,303
$1,222,586
Feb -14
65
30
35
$63,662,993
$61,093,626
$1,227,863
Mar -14
71
32
39
$50,612,071
$45,933,178
$925,424
Apr -14
75
40
36
$50,709,873
$47,284,873
$945,697
May -14
80
35
45
$67,830,595
$62,968,987
$1,259,380
Jun -14
83
33
50
$96,733,991
$1,898,540
$1,922,540
Jul -14
98
48
50
$60,140,662
$56,509,302
$1,130,186
Aug -14
96
48
48
$67,983,744
$65,787,643
$1,331,753
Sep -14
100
34
66
$157,977,831
$155,555,831
$3,111,116
Oct -14
147
57
90
$168,297,186
$160,177,228
$3,203,545
Nov -14
Dec -14
THRU OCT 14
Average
898
90
411
48
488
40
$847,221,748
$84,722,175
$718,338,510
$71,833,851
$16,280,090
$1,628,009
Low
65
30
29
$50,612,071
$1,898,540
$925,424
High
147
57
90
$168,297,186
$160,177,228
$3,203,545
MONTHLY (UNAUDITED)
DOCUMENTS AND EXHIBITS
Nantucket Land Bank Commission
Regular Meeting of November 10, 2014
1. Barn at Pippen's Way Proposal
2. CPC Review of Proposals
3. "M" Exemption Lien (see transfer business for record no.)
4. Monthly Transfer Statistics and Graph — October 2014
5. Transfer Report - October 2014
6. Check Warrant Summary — November 10, 2014
7. Warrant — 2007A Semi Annual Bond Payment
TRANSFER BUSINESS
Nantucket Land Bank Commission
Regular Meeting of October 14, 2014
1. October 2014 Transfers — Record Nos. 35600 through 35746:
a. Current "M" Exemptions and Liens:
No. 35600 Lauren M. Ard and Warren H. Ard, II
No. 35621 Shane M. Corry and Alyssa K. Corry
No. 35738 Nerijus Paulauskas
No. 35746 Angela L. Giles and Janet L. Colby
AGENDA
Nantucket Land Bank Commission
Regular Meeting of November 10, 2014
Land Bank Conference Room, 22 Broad Street
Nantucket, Massachusetts
CALL TO ORDER: 4:00 P.M.
A. CITIZEN BUSINESS /ANNOUNCEMENTS
1. Acknowledgement of Donation
B. EXECUTIVE SESSION
1. Approval of Executive Session Minutes of October 14, 2014 and October 28,
2014
2. Litigation Discussion: Silverman et al. v. Nantucket Conservation Commission
and Nantucket Islands Land Bank
3. Real Estate Acquisition
C. REGULAR BUSINESS
1. Community Preservation Committee — Review of Proposals
D. APPROVAL OF MINUTES
1. Regular Meeting of October 28, 2014
E. TRANSFER BUSINESS
F. FINANCIAL BUSINESS
1. Monthly Transfer Statistics
2. Warrant Authorization - Cash Disbursements
3. Warrant Authorization — 2007A Semi - Annual Bond Payment
4. 50 Union Street /Housing Nantucket — Update
G. PROPERTY MANAGEMENT
1. 121 Eel Point Road /Access - Update
ADJOURNMENT