The meeting primarily focused on two significant proposals: an approval not required (ANR) plan for land division and a regulatory agreement for inclusionary affordable housing units for Shoe String Properties LLC, Main Street Times LLC, and 259 North Street limited partnership.

Watch the meeting. AI generated summary below. Corrections welcome; see contact page.

Key Points

• ANR Plan Approval: The board unanimously approved an ANR plan submitted by Larry Nicholas, dividing a parcel of land on Parker Lane into two lots (one buildable, one unbuildable). The plan was deemed straightforward and did not constitute a subdivision.
• Regulatory Agreement for Affordable Housing: This was the main focus of the meeting. Three properties (Shoe String Proper Properties LLC, Main Street Times LLC, and 259 North Street limited partnership) collectively sought approval for a regulatory agreement to fulfill inclusionary affordable housing requirements. The proposal involved a complex arrangement of shifting existing and future units across different properties to meet the town's needs for affordable housing, particularly three-bedroom units. The applicant proposed a 10-for-10 swap of units, with a net increase of two three-bedroom units. The Housing Committee unanimously supported the proposal. The board members expressed concerns about setting a precedent for off-site unit placement but ultimately favored the proposal due to the immediate availability of the units and the positive recommendation from the Housing Committee. The board voted to recommend approval of the regulatory agreement, subject to legal review, with the condition that 70% of the units be available to local residents.
• Other Business: The meeting also included updates on various town projects and initiatives, such as the comprehensive planning process, zoning amendments, the housing production plan, and the open space plan. Discussions also touched upon several DPW projects and the potential redevelopment of the Anthony Kwood Inn property.

Highlights

• The detailed discussion given to the regulatory agreement for affordable housing.
• The unanimous support from the Housing Committee for the regulatory agreement.
• The applicant's willingness to negotiate and adjust their proposal to address the board's concerns.