Date: 09/08/2010
Location: 3rd Floor Hearing Room North, Hingham Town Hall
Called to order: 7:04 pm
Attendance: Gretchen Condon, Kevin Connelly, Blake Auchincloss, Jim O'Brien, Tim White and Fred Copeman; Laura Burns joined the meeting at 7:25 pm.
With a quorum present, Gretchen Condon opened the meeting.
Approval of Minutes: A motion was made by Jim O'Brien and seconded by Blake Auchincloss to approve the minutes of the meeting of August 11, 2010, as presented, with two changes: delete listing those who were absent and clarify that it was the open meeting that recessed at 7:42 pm. A vote was taken and all were in favor; the motion passed.
Treasurer's Report: Discussion followed regarding the invoice from Aquarion Water Company for 80 Beal Street for the period 5/22/10-8/23/10, the amount of the service charge and the size of the meter. A motion was made by Jim O'Brien and seconded by Tim White first to contact the Fire Department to inform them that the Trust wants to abandon water service at the site and ensure that that it is okay to do so and not needed for fire protection, and then to shut service off and have the meter removed. A vote was taken and all were in favor; the motion passed.
Discussion followed regarding the Balance Sheet Detail dated as of September 7, 2010, payments from Lincoln School Apartments, and bond restructuring. A motion was made by Tim White and seconded by Fred Copeman to approve the Balance Sheet Detail as presented. A vote was taken and all were in favor; the motion passed.
Laptop Purchase: Discussion followed regarding the most appropriate time to complete the purchase of the laptop approved at the last meeting. The general consensus was to proceed with an immediate purchase. No formal action was taken.
Fort Hill Street Veteran's Housing Right of First Refusal: Jim O'Brien provided an update on the title to the property, a blanket mortgage covering the property and the postponement on the presentation of the agreement to the Selectmen for their approval. No formal action was taken.
Laura Burns joined the meeting at 7:25 pm.
Fred Copeman submitted a letter of resignation from his position as a Trustee and Gretchen Condon thanked him for all of his work on behalf of the Trust, particularly on the Lincoln School Apartments project, and acknowledged all of the success that he has helped bring to the Trust.
Executive Session: A motion was made by Laura Burns and seconded by Fred Copeman to recess the open meeting and convene in executive session to review, discuss and arrive at a composite ranking of the technical proposals submitted for 80 Beal Street in accordance with the Open Meeting Law G.L. c. 30A s. 21(a)(7) and to reconvene in open session after the conclusion of the executive session. A vote was taken by roll call and all were in favor; the motion passed.
The open meeting recessed at 7:35 pm and reconvened at 9:45 pm.
Next Meeting: The next meeting will be on Wednesday, September 29, 2010, at 7:00 pm.
Blake Auchincloss left the meeting at 9:50 pm.
Affordable Housing Finance Programs: Discussion followed regarding affordable housing funding sources and grants for 501(c)(3) organizations. No formal action was taken.
Adjourn: A motion was made by Laura Burns and seconded by Kevin Connelly to adjourn the meeting. A vote was taken and all were in favor; the motion passed. The meeting adjourned at 9:55 pm.
Respectfully submitted by: Laurie Zivkovich, Administrative Assistant
Approved on: September 29, 2010