HomeMy WebLinkAbout2017-03-14AGENDA
Nantucket Land Bank Commission
Regular Meeting of March 14, 2017
Land Bank Conference Room, 22 Broad Street
Nantucket, Massachusetts
CALL TO ORDER: 4:00 P.M.
A. CONVENE IN OPEN SESSION
1. PUBLIC COMMENT /STAFF ANNOUNCEMENTS
NANTUCKET
TOWN CLERK
2017 MAR 29 AM 11: 55
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.
1. Approval of Executive Session Minutes of February 14, 2017
2. Real Estate Acquisition
C. RECONVENE IN OPEN SESSION
1. PROPERTY MANAGEMENT
a. 168 Hummock Pond Road — Abutters Concerns
b. Property Equipment Purchase- Request
2. APPROVAL OF MINUTES
a. Regular Meeting of February 14, 2017
3. TRANSFER BUSINESS
a. Current "M" Exemptions and Liens
b. Hearing Request
4. FINANCIAL BUSINESS
a. Monthly Transfer Statistics
b. Warrant Authorization — Cash Disbursements
c. Warrant Authorization — Excess Bond Closing Cost to Trustee - US Bank
5. REGULAR BUSINESS
ADJOURNMENT
MINUTES
Nantucket Land Bank Commission
Regular Meeting of March 14, 2017
Land Bank Meeting Room, 22 Broad Street
Nantucket, Massachusetts
CALL TO ORDER: 4:00 p.m.
PRESENT: Robert Gardner, Richard Glidden, Neil Paterson, Allen Reinhard.
ABSENT: John Stackpole.
STAFF PRESENT: Jesse Bell, Assistant Director; Susan Campese, Administrator/Finance
Manager; Marian Wilson, Assistant Administrator; Rachael Freeman, Environmental Coordinator.
Inquirer and Mirror Reporter, Peter Sutters and Citizen, Virginia Andrews, were also present at
call to order.
A. CONVENE IN OPEN SESSION:
1. CITIZEN BUSINESS /ANNOUNCEMENTS:
a. Donation Acceptance: Commissioner Paterson announced that the Land Bank
had received an anonymous, unrestricted donation of $100,000 through the Ruth Stanton
Foundation. Upon a motion made by Commissioner Glidden and duly seconded by Commissioner
Gardner, it was unanimously VOTED to accept the donation on behalf of the Nantucket Land Bank
and to have Ms. Bell to send a letter of thanks to the Foundation.
Mr. Sutters, Ms. Andrews and Ms. Freeman departed the meeting at 4:02 p.m.
B. EXECUTIVE SESSION: Upon a motion made by Commissioner Paterson and duly seconded by
Commissioner Glidden, it was unanimously VOTED to go into executive session in order to discuss
the purchase, exchange, lease or value of real property. A roll call vote was taken: Reinhard -Aye,
Glidden -Aye, Gardner -Aye, Paterson -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 reconvene in regular session following
executive session.
C. RECONVENE IN OPEN SESSION:
Ms. Freeman, Mr. Sutters, Ms. Andrews and Jeffrey Pollock, Property Management Foreman
entered the meeting at 4:26 p.m.
1. PROPERTY MANAGEMENT:
Land Bank Commission Page 2
March 14, 2017
a. 168 Hummock Pond Road — Abutter Concerns: Ms. Freeman reported that she and
Mr. Savetsky had met with abutters to the property, Frank Daily and Rachel Powers, who raised
environmental as well as view shed concerns related to Sustainable Nantucket's plans to expand
their agricultural operations on an additional 6 acres licensed from the Land Bank. Mr. Daily and
Ms. Powers also raised their concerns with the Nantucket Land Council, Nantucket Conservation
Commission and the Massachusetts Department of Environmental Protection. After much
discussion, upon a motion made by Commissioner Gardner and duly seconded by Commissioner
Paterson, it was unanimously VOTED to direct staff to inform Ms. Powers that the Land Bank
Commission acknowledged her concerns and voted to uphold their expanded license agreement
with Sustainable Nantucket.
b. 168 Hummock Pond Road — Birdwatchers Concerns: Ms. Andrews, an avid
birdwatcher, expressed concerns about Sustainable Nantucket's plans to farm the additional six
acres licensed from the Land Bank. She submitted a letter to the Commission and reiterated its
major points. Ms. Andrews explained that there were very few wet meadows on Nantucket that
were open to the public and they attracted several varieties of birds that were not seen other places.
Further, one of the wetlands on the property known as "Pat's Puddle" was internationally renowned
to birders. She stated that Sustainable Nantucket's use of the land would deter birds from nesting
and /or visiting the property and additionally, fencing and installation of trees would block the view
of the birds. Commissioner Reinhard thanked Ms. Andrews for her comments. Ms. Freeman stated
that Sustainable Nantucket had no intention of disturbing the wetland areas and had expressed a
willingness to work with Ms. Andrews to make plan adjustments within the wetland buffers that
may help ameliorate her concerns.
Ms. Andrews departed the meeting at 4:54 p. m.
c. Property Equipment Purchase - Request: Mr. Pollock presented a request to
purchase an Exten -A -Kut II, road edge mowing attachment for the tractor this year. The features
and benefits were reviewed and discussed. Upon a motion made by Commissioner Paterson and
duly seconded by Commissioner Glidden, it was unanimously VOTED to approve the purchase of
an Exten -A -Kut 11 for the state contract purchase amount of $19,532.00.
Mr. Pollock departed the meeting at 5: 01 p.m.
2. APPROVAL OF MINUTES: Upon a motion made by Commissioner Paterson and duly
seconded by Commissioner Glidden, it was unanimously VOTED to accept, approve and release the
regular session minutes of February 14, 2017, as written.
3. TRANSFER BUSINESS:
a. February 2017 Transfers — Record Nos. 38227 through 38288: The Commission
reviewed transfers for the period of February 1, 2017 through February 28, 2017.
b. Current "M" Exemptions and Liens: The Commission authorized the placing of
Land Bank Commission
March 14, 2017
Page 3
liens against the following properties as a result of the purchasers claiming the "M" exemption as
first -time buyers of real property:
No. 38251 Irakli Jibladze and Tsvetelina Benova
No. 38264 Carl C. Lindvall and Sarah F. Lindvall
No. 38277 William Joseph Sherry IV and Sophia K. Orr
c. "M" Exemption Update:
1.Five -Year Ownership Non - Compliance — Payment/Release of Lien: No. 33311
Sande Marie Robert: Ms. Campese reported on receiving a request from Ms. Robert's attorney for a
payoff amount of the fee, interest and penalty on the above - referenced transfer, as the property was being
sold prior to the requirements of the exemption being met. Upon a motion made by Commissioner
Reinhard and duly seconded by Commissioner Gardner, it was unanimously VOTED to approve and
execute a Release of Lien to be provided to Ms. Robert's representative, as full payment of the fee
($8,000), penalty ($2,000) and accrued interest ($4,828.45) had been received.
2. Five -Year Domicile Non - Compliance — Request for Hearing: No. 35405 Patrick
McEvoy: The scheduling of the hearing was tabled until the next meeting to allow Mr. McEvoy more
time to confirm his schedule.
4. FINANCIAL BUSINESS:
a. Monthly Transfer Statistics: Monthly transfer statistics reports comparing fiscal
years 2016 and 2017 through February 2017 were presented to the Commission.
-b. Warrant Authorization — Cash Disbursements: Upon a motion made by
Commissioner Glidden and duly seconded by Commissioner Gardner, it was unanimously VOTED
to execute the March 14, 2017 warrant document in the amount of $130,236.70 to be provided to
the county treasurer.
c. Warrant Authorization — Excess Bond Closing Cost to Trustee — US Bank: Upon a
motion made by Commissioner Paterson and duly seconded by Commissioner Glidden, it was
unanimously VOTED to execute the transfer of $2,909.70 of excess closing funds to US Bank Debt
Service Fund account to be applied to the next interest payment of the refunding 2016 bond due
June 1, 2017.
ADJOURNMENT: Upon a motion made and duly seconded, it was VOTED to adjourn at 5:10 p.m.
Land Bank Commission
March 14, 2017
Attested to:
Richard J. Glidden, Secretary
Accepted, Approved, and Released by the VOTE
of the Commission this 28th day of March, 2017.
Chairman
Page 4
MONTHLY TRANSFER STATISTICS FISCAL YEAR 2016:. .
FY16
Total
Exempt
Taxable
Total Gross
Gross
Revenue
Month
Transfers
Transfers
Transfers
Value
Value Taxable
Received
Jul -15
100
55
45
$76,650,262
$75,052,762
$1,512,844
Aug -15
100
57
43
$81,283,162
$78,833,162
$1,577,651
Sep -15
109
49
60
$100,449,002
$95,949,002
$1,925,880
Oct -15
138
54
84
$147,434,422
$139,134,422
$2,782,688
Nov -15
71
32
39
$75,870,039
$68,777,539
$1,375,551
Dec -15
108
55
53
$72,494,950
$70,983,375
$1,428,346
Jan -16
93
41
52
$98,369,206
$92,706,025
$1,862,120
Feb -16
59
32
27
$30,033,729
$27,523,729
$550,475
Mar -16
100
49
51
$78,894,324
$76,444,325
$1,537,553
Apr -16
68
34
34
$68,631,755
$63,457,378
$1,269,148
May-1 6
85
50
35
$69,498,627
$62,815,751
$1,256,315
Jun -16
103
51
52
$92,768,837
$89,962,837
$1,799,923
THRU FEB 16
Average
778
95
375
47
403
48
$682,584,771
$82,698,193
$648,960,016
$78,470,026
$13,015,556
$1,573,208
Low
59 32
27
$30,033,729
$27,523,729
$550,475
High
138 57
84
$147,434,422
$139,134,422
$2,782,688
MONTHLY TRANSFER STATISTICS FISCAL YEAR 2017
FY17
Total
Exempt
Taxable
Total Gross
Gross
Revenue
Month
Transfers
Transfers
Transfers
Value
Value Taxable
Received
Jul -16
56
35
21
$46,842,402
$45,392,587
$907,852
Aug-16
83
49
34
$79,447,023
$75,538,100
$1,511,230
Sep -16
105
48
57
$151,973,352
$148,099,352
$2,962,654
Oct -16
94
39
55
$111,176,086
$107,025,586
$2,148,512
Nov -16
101
50
51
$96,829,251
$94,119,251
$1,892,585
Dec -16
119
65
54
$78,318,551
$73,753,551
$1,483,738
Jan -17
91
48
43
$70,995,625
$64,626,277
$1,298,476
Feb -17
61
39
22
$37,927,950
$35,566,000
$711,320
Mar -17
Apr-17
May-17
Jun -17
THRU FEB 17
Average
710
89
373
47
337
42
$673,510,240
$84,188,780
$644,120,703
$80,515,088
$12,916,366
$1,614,546
Low
56
35
21
$37,927,950
$35,566,000
$711,320
High
119
65
57
$151,973,352
$148,099,352
$2,962,654
MONTHLY (UNAUDITED)
DOCUMENTS AND EXHIBITS
Nantucket Land Bank Commission
Regular Meeting of March 14, 2017
1. Mt. Vernon Farm — Aerial of SN Expansion area
2. Mt. Vernon Farm — Letter from Ginger Andrews
3. Exten -A -Kut II — Picture and Quote
4. Monthly Transfer Report — February 2017
5. "M" Exemption Release of Liens (see transfer business for record nos.)
6. Fiscal Year Transfer Statistics and Graphs — February 2017
7. Check Warrant Summary dated March 14, 2017
TRANSFER BUSINESS
Nantucket Land Bank Commission
Regular Meeting of March 14, 2017
1. February 2017 Transfers — Record Nos. 38227 through 38288
a. Current "M" Exemptions and Liens:
No. 38251 Irakli Jibladze and Tsvetelina Benova
No. 38264 Carl C. Lindvall and Sarah. F. Lindvall
No. 38277 William Joseph Sherry IV and Sophia K. Orr
b. "M" Exemption Update:
1. Five -Year Ownership Non - Compliance — Payment /Release of Lien:
No. 33311 Sande Marie Robert
2. Five -Year Domicile Non - Compliance — Request for Hearing:
No. 35405 Patrick McEvoy