MARISSA9.36 MAYO9.36 -9.36 COMMITTEE9.36 CHAIR9.36 -9.36 Okay.9.36 I10.16 guess10.48 we10.8 will10.96 call11.36 this11.68 meeting11.92 to12.32 order12.48 then12.88 since13.2 we're13.52 here13.76 and14 it's14.24 working.14.48 So,16.52 this16.75 meeting17 is17.32 being17.48 held17.71 in17.95 a18.2 hybrid18.27 format18.68 as19.07 allowed19.23 by19.48 the19.64 Governor's19.8 order20.27 suspending20.59 certain21.07 provisions21.48 of21.95 open22.2 meeting22.43 law.22.76 The23.15 agenda23.32 with23.8 Zoom23.95 access24.27 information24.68 is25.23 on25.39 the25.64 city25.71 website,25.95 and26.36 the26.52 meeting26.68 is26.99 being27.15 recorded27.39 by27.8 Watertown27.95 Cable28.59 for28.91 later29.15 viewing.29.47 Let's30.35 do30.59 some30.75 roll30.99 call.31.31 31.79 LANAE31.79 HANDY31.79 -31.79 COMMUNITY31.79 PRESERVATION31.79 COORDINATOR31.79 -31.79 Okay.32.27 Allen32.67 Gallagher?32.67 33.31 ALLEN33.31 GALLAGHER33.31 -33.31 COMMITTEE33.31 MEMBER33.31 -33.31 Here.33.31 34.19 HANDY34.19 -34.19 Dennis34.19 Duff?34.67 35.07 DENNIS35.07 DUFF35.07 -35.07 COMMITTEE35.07 MEMBER35.07 -35.07 Here.35.07 35.87 HANDY35.87 -35.87 Abigail35.87 Hammett?36.43 36.99 ABIGAIL36.99 HAMMETT36.99 -36.99 COMMITTEE36.99 MEMBER36.99 -36.99 Here.36.99 37.47 HANDY37.47 -37.47 Marilyn37.47 Salvas?38.03 38.59 MARILYN38.59 SALVAS38.59 -38.59 COMMITTEE38.59 MEMBER38.59 -38.59 Here.38.59 39.15 HANDY39.15 -39.15 Allison39.15 Eck?39.71 40.03 ALLISON40.03 ECK40.03 -40.03 COMMITTEE40.03 VICE40.03 CHAIR40.03 -40.03 Here.40.03 40.51 HANDY40.51 -40.51 Bob40.51 DiRico?40.67 41.39 BOB41.39 DIRICO41.39 -41.39 COMMITTEE41.39 MEMBER41.39 -41.39 Here.41.39 41.87 HANDY41.87 -41.87 Marissa41.87 Mayo?42.35 42.91 MAYO42.91 -42.91 Here.42.91 43.47 HANDY43.47 -43.47 Let's43.47 see43.71 if43.87 I43.95 can44.03 hear.44.19 Amy44.51 Plovnick?44.91 51.07 AMY51.07 PLOVNICK51.07 -51.07 COMMITTEE51.07 MEMBER51.07 -51.07 Here.51.07

51.55 She51.55 might51.78 she52.19 might52.43 text52.75 in.53.07 Yeah.53.55

53.87 SPEAKER153.87 -53.87 That's53.87 the54.02 thing.54.19 She54.34 can54.51 write54.66 in54.83 the54.98 Zoom55.07 chat55.47 if55.87 maybe56.11 that's56.34 allowed56.59 because57.07 she57.39 is57.55 like57.7 a58.43 contributor58.66 now.59.39

64.31 SPEAKER564.31 -64.31 Nope.64.31 Not65.19 getting65.35 anything65.67 from65.99 her.66.23

67.35 SPEAKER267.35 -67.35 Here.67.35 Okay.68.07 73.37 MAYO73.37 -73.37 Okay.73.37 So74.17 the74.48 next74.56 order74.81 of75.13 business75.2 is75.69 application76.25 presentation,77.05 the77.84 thing78.01 we're78.25 so78.48 excited78.72 for.79.2

80.56 Alright.80.56

85.72 SPEAKER385.72 -85.72 Yeah.85.72

96.36 SPEAKER296.36 -96.36 Are96.36 you96.52 gonna96.6 are96.92 you97.08 gonna97.24 log98.04 in98.2 here98.44 to98.76 Zoom?99 Yeah.99.64 It'll99.88 plug100.12 in.100.44

115.63 Can115.63 you115.94 plug116.11

118.97 SPEAKER3118.97 -118.97 it118.97 looks119.13 like119.37 okay.119.61

120.25 SPEAKER2120.25 -120.25 I120.25 can't120.41 see.120.73 And121.05 so121.45 then121.69 we122.09 should122.33 be122.57 able122.73 to122.97 see123.13 monitors.124.41

155.01 SPEAKER1155.01 -155.01 Okay.155.01 So156.32 that156.49 one's157.44

168.7 SPEAKER2168.7 -168.7 Okay.168.7 I168.78 think168.94 the169.1 feedback169.34 stopped.169.82 Knocking171.18 over171.66 here.171.9 Nope.172.3

172.7 SPEAKER1172.7 -172.7 I172.7 will172.78 just172.94 have173.18 to173.34 awkwardly173.42 turn173.9 around.174.14 That's175.26 okay.175.5 It's175.9 it's176.22 off.176.38 No.177.82

180.14 SPEAKER5180.14 -180.14 Oh,180.14 I180.22 can180.38 see180.54 that180.7 1.180.86 Yeah.182.19

182.67 SPEAKER1182.67 -182.67 Yeah.182.67 Just182.91 look183.22 like183.39 this.183.63

186.03 SPEAKER2186.03 -186.03 This186.03 is186.43 really186.59 annoying.186.91

187.78 SPEAKER1187.78 -187.78 You187.78 know187.87 what?188.03 It's188.26 it's188.54 up.188.82

191.31 SPEAKER6191.31 -191.31 When191.31 you're191.47 ready.191.71

192.67 SPEAKER1192.67 -192.67 Oh,192.67 are192.99 you193.06 ready?193.22 We193.54 are193.78 ready.193.87

194.26 SPEAKER6194.26 -194.26 Okay.194.26 Yes.194.5 195.54 BARNEY195.54 HEATH195.54 -195.54 METRO195.54 WEST195.54 COLLABORATIVE195.54 DEVELOPMENT195.54 -195.54 Good195.54 evening.195.78 My196.82 name196.9 is196.98 Barney197.18 Heath.197.38 I'm197.58 the197.78 executive197.78 director198.18 of198.5 MetroWest198.66 Collaborative199.22 Development.199.7 Thank200.5 you200.66 for200.98 having201.22 us201.46 this201.7 evening,201.86 and202.18 thank202.42 you202.58 for202.82 weathering202.98 these203.38 technical203.7 difficulties.204.34 So205.54 we205.78 have205.94 a206.1 short206.18 presentation206.5 about207.14 our207.38 request207.62 this208.1 evening.208.26 With210.78 me210.85 tonight211.18 is211.81 Sharone212.13 Small,212.62 who's213.01 our213.25 director213.41 of213.81 real213.97 estate,214.22 Alex215.01 Burnell,215.41 who's216.13 with216.38 PCA216.69 Architects,217.25 who218.69 is218.85 part219.01 of219.25 the219.41 original221.34 108222.22 architectural222.22 team222.85 Water223.5 Street223.81 team.224.22 Additional225.85 team226.25 members226.49 who226.89 are227.13 not227.29 with227.53 us227.69 this227.85 evening228.09 but228.41 are228.57 part228.73 of228.97 the229.13 team229.21 are229.77 Matt230.01 Henzey,230.25 who's231.05 an231.29 affordable231.45 housing231.85 development232.25 consultant,232.65 and233.05 Maloney233.29 Properties,233.77 who234.57 is234.89 MetroWest's235.21 property236.09 manager.236.57 Also237.61 with238.09 us238.33 tonight238.49 is239.37 Mike239.61 Sherman,239.93 a242 Watertown242.24 resident242.79 and243.51 35-year244.63 board246.07 member246.31 of247.03 what247.75 was249.83 Watertown249.83 homeowners250.56 and251.11 tenants.251.28 251.75 MIKE251.75 SHERMAN251.75 -251.75 METRO252.79 WEST253.11 COLLABORATIVE253.11 DEVELOPMENT253.11 -253.11 Originally,253.11 then253.11 Watertown253.11 Community253.59 Housing.253.91 254.47 HEATH254.47 -254.47 Then254.47 Watertown254.63 Community255.35 Housing,255.75 which?256.15 And257.01 then,257.17 more257.97 recently,258.37 MetroWest259.17 Collaborative259.81 Development.260.45 So260.93 we261.09 have261.33 strong261.89 roots262.21 here262.53 in262.85 Watertown.263.01 A265.73 little265.89 bit266.05 about266.21 us.266.45 We267.09 were267.25 founded267.41 in267.81 1991268.05 here268.93 in269.09 Watertown.269.33 We're270.37 now270.53 based270.77 in271.01 Newton.271.17 We've272.2 developed272.44 over272.93 200273.32 units273.81 of275.08 affordable275.25 housing275.73 that276.13 we276.29 own276.61 and276.93 manage277.17 with277.88 the278.04 help278.2 of278.44 Maloney278.61 Properties.279 We280.37 have280.52 a280.76 target280.85 area281.25 in281.73 the281.88 Metro282.04 West282.52 Region283 of283.4 46283.64 cities284.2 and284.52 towns.284.69 You'll284.93 see285.25 in285.49 just285.64 a285.88 second285.96 some287.21 of287.29 the287.37 recent287.61 projects287.93 we've288.33 done.288.49 We289.93 are290.25 a290.65 trusted290.89 mission-oriented291.77 collaborative293.29 as294.09 our294.33 name294.49 denotes295.05 partner.295.61 We296.81 are297.05 certified297.21 CDC.297.93 We299.53 also299.77 are300.17 a300.41 certified300.49 community301.74 housing302.06 development302.54 organization303.1 or303.74 CHDO304.06 for304.78 the305.01 West305.18 Metro305.57 Home305.9 Consortium.306.22 What307.25 that307.5 means307.57 is307.9 1/3308.22 of308.62 our308.78 board308.94 is309.34 made309.5 up309.74 of309.9 low-income310.69 residents.311.1 Here314.25 are314.41 some314.49 of314.81 our314.89 recent315.37 projects315.77 that316.57 were316.97 completed318.57 down318.81 in318.81 Medway.320.01 We320.17 did320.17 both320.41 a320.73 phase320.81 1321.13 and321.37 phase321.53 2,321.85 senior323.77 development,324.17 and324.65 a324.81 family324.97 development325.37 that327.26 was327.43 completed327.66 in328.54 2021,328.79 and329.66 then329.82 back330.14 in330.31 2024330.46 for333.43 92334.87 homes334.87 on334.87 the335.02 same335.19 campus.335.5 That336.7 was336.87 done337.1 as337.5 a337.75 passive337.99 house338.46 certified338.7 project.339.35 Last341.45 year,341.77 we342.01 completed342.17 Packard343.05 Street343.45 Commons343.77 in344.25 Hudson.344.41 That345.69 was345.85 40346.09 homes,346.41 also346.81 passive347.21 house347.61 certified.347.77 You349.61 may349.85 be350.01 familiar350.17 with350.57 this350.73 one350.89 if351.13 you351.29 travel351.53 down352.33 Washington352.57 Street353.13 in353.53 Newton,353.69 near354.49 the354.73 Trader354.89 Joe's,355.53 right355.77 next355.77 door356.01 is356.46 the356.71 West356.87 Newton357.11 Armory,357.43 and358.55 we358.71 were358.94 well359.19 under359.5 construction359.75 there.360.38 360.79 We360.79 anticipate361.03 being362.06 able362.38 to362.55 complete362.79 that363.03 project363.26 by363.67 the363.9 end363.99 of364.23 the364.31 year.364.46 So,365.11 we're365.26 really365.67 excited365.9 about366.38 that,366.55 and366.79 that's366.94 another367.19 43367.59 homes.368.15 So,368.88 I369.04 think369.12 we369.36 give369.84 you370 this370.16 by370.4 way370.56 of370.72 introduction371.12 to371.6 us372.8 that373.6 we373.6 are373.92 well-equipped374.32 to375.28 handle375.44 projects375.76 like376.24 this.376.4 I378.64 just378.8 wanted378.96 to379.28 touch379.44 ever379.84 so380.08 briefly380.32 on380.72 the380.88 housing381.04 need381.36 in381.6 Watertown,381.84 which382.4 I'm382.56 sure382.8 you're383.43 well383.75 aware383.99 of.384.23 The385.26 recently385.43 completed385.91 Watertown386.47 housing387.03 plan,387.35 which387.67 was387.82 great,387.99 had389.43 a389.67 strategy389.82 goal.390.31 Number390.63 one,390.94 they391.67 called391.91 for392.23 increasing392.55 the393.03 amount393.19 and394.47 deepening394.71 the395.19 affordability395.35 of396.47 deed-restricted396.87 affordable397.35 housing.397.82 Tonight,398.94 we're400.06 going400.3 to400.46 make400.54 the400.78 case400.86 strongly,401.1 I401.5 think,401.66 not401.98 just402.14 about402.46 the402.7 amount,402.78 but403.1 the403.34 deepening404.06 affordability404.62 of405.82 our405.9 projects.406.14 Strategy408.78 number408.78 one409.02 toward409.18 that409.5 goal409.66 is410.22 encouraging410.54 affordable411.42 developers411.98 like412.54 ourselves412.7 to413.34 seek413.5 sites413.82 for414.92 affordable415.15 housing415.56 in415.95 Watertown.416.04 I416.92 do417 want417.24 to417.39 let417.48 you417.63 know417.79 that,418.04 while418.51 I'm418.68 relatively419.39 new419.88 to420.12 the420.27 organization,420.44 I420.92 started421.15 in421.48 January,421.63 our423.71 organization424.04 has424.6 been424.75 looking424.92 for425.15 a425.39 project425.48 in425.88 Watertown426.04 for426.51 some426.68 time426.92 now,427.15 and428.18 we428.66 are428.9 very429.06 excited429.38 about429.7 this429.94 opportunity.430.18 Just432.42 touching432.74 briefly433.06 on433.38 the433.62 need433.7 just434.5 in434.74 Watertown434.9 alone,435.38 and436.34 this436.74 comes436.9 out437.06 of437.3 the437.38 housing437.86 plan.438.26 38%438.66 of439.62 all439.86 households440.1 in441.35 Watertown441.59 fall442.94 into443.19 the443.43 categories443.67 of444.15 either444.23 extremely444.55 low445.03 income,445.19 very445.59 low445.9 income,446.06 or446.38 low446.63 income.446.79 And447.59 not447.75 surprisingly,447.99 a449.99 great450.15 percentage450.38 of450.87 these450.94 households451.19 experience451.82 housing452.38 cost452.87 burdens453.11 from453.96 55%454.2 of455.08 their455.24 income455.4 to455.72 almost455.88 79%456.28 of457.08 their457.16 income.457.4 So,460.12 I460.28 think460.36 at460.6 this460.76 point,460.92 I'm461.24 going461.48 to461.64 turn461.72 things462.04 over462.28 to462.52 Sharone462.76 Small,463.16 our463.48 Director463.64 of463.96 Real464.12 Estate464.28 to464.6 take464.76 you465 through465.24 the466.46 proposal.466.77 467.98 SHARONE467.98 SMALL467.98 -467.98 METRO467.98 WEST467.98 COLLABORATIVE467.98 DEVELOPMENT467.98 -467.98 Thanks,467.98 Heath.468.38 So469.9 the470.21 development470.38 we're471.33 here471.57 to471.81 talk471.98 about472.13 tonight472.38 is472.69 this472.86 potential473.01 site473.5 at473.81 108473.98 Water474.62 Street.474.86 It's475.81 a476.13 site476.21 right476.69 near476.94 Watertown477.25 Square,477.9 near478.3 the478.54 bus478.69 yard,478.94 and479.5 near479.65 all479.81 the479.98 amenities480.06 of480.62 Watertown480.77 Square.481.25 The482.11 site482.27 came482.43 up482.59 for482.83 sale482.99 over483.31 the483.55 summer,483.63 and483.95 Metro484.19 West484.51 CD484.75 does485.15 have485.39 a485.71 signed485.79 purchase486.11 and486.51 sale486.67 agreement486.91 for487.39 the487.55 site.487.63 So,490.03 it's490.27 about490.51 20,000490.83 square491.47 foot491.87 site.492.19 There493.07 is493.31 that493.63 existing493.79 building494.35 on494.67 it494.83 that495.07 you495.15 can495.31 see495.55 in495.71 the495.87 slide.495.95 It496.85 was497.08 built497.25 in497.32 1963,497.73 and498.69 it's498.85 an499.08 office499.25 building.499.56 Currently,500.37 right500.93 now,501.08 it501.32 has501.4 four501.73 commercial502.05 tenants.502.52 A507.25 different507.4 development507.88 group,508.37 Eagle508.76 Brook509.08 Capital,509.32 a509.81 for-profit510.13 development510.52 group511.17 got512.33 a512.49 special512.65 permit513.05 in513.37 December513.61 2025514.37 to515.13 redevelop515.37 the515.77 site516.01 and516.33 build516.57 a516.81 new516.89 building517.05 on517.37 it517.53 that517.69 would517.93 have518.09 52518.33 condos.518.89 That520.25 proposal520.49 was521.05 for521.29 a521.61 mostly521.77 market-rate522.49 development.522.73 It523.37 would523.53 mostly523.69 have524.09 smaller524.33 apartments524.73 with525.29 studios525.53 and526.09 one526.49 bedrooms,527.38 and527.38 would527.45 have527.7 had527.77 27528.1 parking528.65 spaces.529.13 That530.25 development530.5 wasn't531.05 able531.29 to531.62 go531.77 forward,532.01 and532.25 so532.5 the532.65 site532.74 came533.05 up533.21 for533.38 sale533.53 again,534.5 and535.13 now535.13 MetroWest535.38 has536.17 the536.41 purchase536.58 and536.89 sale536.98 agreement537.21 for537.62 it.537.86 539.31 So,539.31 our539.55 concept539.71 would540.19 be540.43 to540.67 build540.91 a541.23 similar541.39 building,541.79 but542.19 to542.43 build542.51 affordable542.83 rental543.31 apartments543.79 on544.19 the544.35 site.544.43 So545.31 we545.47 could545.63 build545.79 approximately546.43 49547.23 apartments,548.03 and548.51 they548.67 would548.83 be548.99 100%549.23 affordable.550.19 They551.23 would551.31 be551.47 affordable551.63 between552.7 30%553.01 of553.74 area554.05 median554.46 income554.93 up555.58 to555.82 80%555.98 but556.77 most556.93 of557.17 them557.33 would557.5 be557.74 deeply557.89 affordable.558.38 So,558.86 16559.74 to560.21 18560.38 at560.77 30%,560.93 and561.74 then561.89 the562.29 majority562.46 of562.93 them563.1 at563.25 60%563.5 of564.38 area564.62 median564.93 income.565.25 It'd566.45 also566.61 mostly567.09 be567.57 2-bedroom567.97 and568.37 3-bedroom568.69 apartments,569.17 which569.57 is569.73 a569.89 state569.97 requirement.570.29 So,571.57 over571.73 1/2572.05 of572.29 them572.37 would572.61 be572.85 those573.01 bigger573.25 units.573.65 We'd574.77 also575.01 reduce575.49 the575.89 parking576.05 count576.45 in576.85 accordance577.01 with577.49 the577.65 Watertown577.81 affordable578.37 housing578.77 zoning579.25 incentive,579.65 which580.18 would580.42 let580.59 us580.66 have580.83 less580.99 parking581.23 on581.54 the581.71 site581.78 and582.35 would582.59 help582.9 make583.14 it583.3 feasible.583.38 The584.75 building584.9 would585.14 be585.3 accessible,585.54 and586.02 10%586.26 of586.83 the586.99 apartments587.23 would587.71 be587.87 fully588.02 accessible.588.42 Meaning,589.3 on589.54 day589.71 one,589.95 they590.18 would590.35 have590.5 extra590.83 room591.14 for592.11 wheelchairs592.59 and593.14 turning593.3 circles593.63 and594.11 extra594.59 features594.91 like595.47 roll-in595.95 showers596.19 and596.67 things597.23 like597.55 that.597.71 Then598.51 the598.67 rest598.75 of598.91 the598.99 apartments599.07 could599.55 be599.71 visited599.79 and600.35 adapted600.51 if601.63 needed.601.71 It603.07 would603.15 also603.31 be603.63 a603.71 sustainable603.87 building.604.43 It605.23 would605.39 be605.55 passive-house606.19 certified,606.43 and607.15 it607.58 would607.65 meet607.82 the607.93 design608.05 standards608.62 of609.17 a609.42 program609.58 called610.05 Enterprise610.46 Green611.1 Communities,611.42 which612.38 has612.62 some612.77 additional613.01 standards613.5 about613.89 things614.13 like614.46 indoor614.77 air615.1 quality615.25 and615.89 water616.13 usage.616.38 621.63 So,621.63 we're622.11 excited622.43 about622.83 this623.07 site,623.23 and623.55 we623.71 see623.87 it624.03 as624.19 this624.35 exceptional624.75 time-sensitive625.63 opportunity626.19 for626.91 the627.15 CPC.627.31 We628.83 think628.99 it's629.15 a629.31 great629.47 fit629.71 because630.03 it630.27 responds630.51 to631.07 Watertown's631.23 recent632.13 housing632.29 plan,633.25 especially633.65 because634.05 it634.38 would634.53 create634.7 deeply635.01 affordable635.65 housing636.13 at636.62 the636.86 30%,637.1 60%637.89 affordability639.25 levels,639.89 and640.53 it640.7 would640.86 be640.93 affordable641.17 in641.65 perpetuity641.74 forever.642.62 It644.38 would644.62 bring644.77 another645.01 type645.41 of645.65 housing645.74 to646.21 the646.38 development646.53 going647.01 on647.17 in647.34 Watertown647.5 Square,648.19 and648.59 we648.83 think648.99 it's649.15 just649.39 a649.55 great649.63 use649.87 of650.11 CPA650.19 funds.650.67 We651.95 know652.11 it's652.27 a652.51 significant652.59 ask653.23 of653.55 the653.71 CPC.653.87 We654.27 know654.43 we're654.59 asking654.75 for654.99 a655.15 lot655.23 of655.39 funding,655.47 but656.11 it656.27 would656.35 leverage656.59 a657.07 lot657.15 of657.39 other657.47 funding657.71 because658.59 every658.99 dollar659.23 in659.63 CPA659.79 funds660.19 would660.67 let660.91 us661.08 use661.88 about662.2 $5662.36 in663.39 other663.63 types663.88 of664.12 funds.664.27 We667 also667.24 really667.55 appreciate667.88 the668.27 CPC668.43 during669.15 this669.48 request669.71 on670.12 an670.27 accelerated670.43 timeline.671.08 We671.48 know671.63 it's671.79 off-cycle672.36 for673.08 the673.24 CPC,673.39 and674.52 that's674.76 just675 because675.24 of675.48 our675.64 timeline675.8 to676.28 look676.44 at676.68 buying676.92 the677.16 site.677.32 So678.12 we678.36 signed678.6 a678.84 purchase679 and679.32 sale679.48 agreement679.8 in680.2 August,680.36 and680.92 we're681.64 in681.8 due681.96 diligence682.2 right682.68 now682.92 on683.16 the683.24 site.683.4 So,684.2 we684.44 need684.6 to684.76 conclude684.92 our685.32 due685.48 diligence685.56 and686.04 buy686.2 the686.36 site686.52 by686.84 January687 2027687.93 under689.15 that689.39 purchase689.63 and689.95 sale690.12 agreements.690.43 So,692.12 we692.51 are692.67 asking692.83 the693.15 CPC693.32 to693.88 provide694.03 funding694.43 for695.24 that695.48 acquisition695.79 purchase,696.43 so696.75 to696.91 provide697 that697.32 funding697.48 by697.88 January698.12 2027.698.91 That's699.88 why700.12 we're700.27 coming700.51 to700.75 you700.91 now701 relatively701.24 early701.79 on702.03 in702.27 the702.43 process.702.6 704.3 After704.3 that,704.54 we'd704.78 look705.02 at705.26 amending705.66 the706.06 permit,706.14 applying706.7 for707.02 state707.26 funding,707.5 and708.14 then708.38 depending708.62 on709.02 when709.26 we709.5 are709.58 awarded709.74 state710.22 funding,710.54 starting711.34 construction711.74 potentially712.22 in712.78 2029.712.94 So,717.43 this717.67 site717.92 has718.15 a718.39 lot718.55 going719.04 for719.36 it,719.51 and719.84 it's720.08 very720.32 hard720.72 to720.96 find721.12 any722 site,722.32 any722.72 site722.96 for723.12 development,723.36 and723.84 also724 sites724.39 without724.63 some724.96 of725.2 the725.27 drawbacks,725.43 and726.15 city726.55 advantages726.63 of727.2 things727.36 on727.6 this727.75 list.727.92 We're729.05 excited729.29 about729.45 it.729.69 One,729.85 we've730.17 already730.49 got730.81 support730.97 from731.37 the731.53 Watertown731.69 Affordable732.17 Housing732.65 Trust,733.53 they're733.77 providing733.77 funding734.09 for734.41 due734.65 diligence734.89 for735.29 the735.53 site.735.69 We736.73 really736.97 are737.21 excited737.37 about737.85 the738.17 location.738.33 It's739.29 a739.61 great739.77 location.740.09 It's740.65 so740.81 close740.99 to741.23 Watertown741.38 Square741.87 and742.18 the742.35 buses742.5 and742.9 the743.14 parks743.3 and743.7 all744.02 of744.18 the744.35 amenities744.5 of744.9 Watertown745.07 Square745.54 and745.87 the745.95 river.746.11 It's747.3 the747.54 right747.7 size.747.95 Our748.66 minimum748.99 size749.38 for749.7 development749.87 typically750.42 is750.9 about751.14 45751.38 apartments.752.02 So,752.83 this752.99 is753.14 right753.3 in753.46 the753.63 sweet753.7 spot.754.02 It754.26 works754.5 with754.83 the755.07 type755.23 of755.38 financing755.54 we756.02 can756.18 get756.35 from756.63 state.756.79 It's758.63 got758.87 a759.03 relatively759.19 straightforward759.75 path760.39 for760.79 site761.03 control,761.27 and761.75 we761.91 can761.99 just762.23 buy762.63 the762.79 site763.03 and763.59 go764.23 from764.39 there.764.55 It's765.51 not765.75 in765.99 a766.07 flood766.23 zone,766.55 it's766.79 not767.03 in767.27 wetlands,767.43 there767.83 are767.99 no768.07 endangered768.23 species,768.71 there769.27 are769.43 no769.51 past769.67 environmental769.91 issues770.55 that770.79 we770.95 know771.11 of771.27 yet.771.43 We772.2 really772.27 see772.51 a772.75 need772.83 for773.08 affordable773.32 housing773.71 in774.12 Watertown,774.27 and774.75 we774.83 also775 see775.15 some775.32 momentum775.55 and776.03 support776.2 for776.51 it776.67 as776.83 well.777 So,780.03 next780.2 steps780.51 for781 us,781.15 like781.48 I781.79 said,781.95 we782.2 are782.43 in782.6 due782.67 diligence782.83 on783.24 the783.39 site.783.48 So,783.79 we784.03 don't784.2 have784.43 all784.67 of784.91 the785 answers785.15 and785.48 all785.71 of785.79 the785.95 information786.12 yet786.83 that787.69 we787.85 want787.93 to788.25 have.788.25 788.73 So,788.73 next789.45 steps789.77 for790.09 us,790.25 we790.81 would791.05 be791.29 looking791.45 at791.77 probably791.93 amending792.33 the792.73 current792.89 permit,793.21 and793.53 so793.69 we're793.85 talking794.01 to794.33 the794.49 planning794.57 department794.89 about795.37 that.795.61 We796.73 need796.89 to797.13 finish797.21 our797.85 environmental798.01 assessments,798.65 everything799.53 a800.17 developer800.33 always800.81 does801.05 in801.29 due801.45 diligence801.53 on802.09 a802.25 site,802.33 environmental,803.17 title,803.89 appraisal,804.7 all805.74 those805.89 things.806.13 We're807.25 finishing807.58 up807.98 our808.13 design808.38 review,808.7 making809.5 sure809.82 that810.13 those810.46 49810.7 apartments811.25 with811.65 the811.82 bigger811.89 units,812.62 with813.01 the813.17 2813.34 and813.58 the813.65 3813.74 bedrooms,813.98 work814.86 for815.01 the815.17 site,815.34 confirming816.13 our816.7 construction,816.86 our817.58 infrastructure817.74 costs818.46 with819.15 electrical819.55 wires,820.59 and821.15 the821.15 slope821.31 of821.63 the821.71 site,821.87 which822.11 is822.27 on822.35 a822.47 pretty822.59 steep822.91 grade,823.15 and823.39 things823.55 like823.79 that.824.03 We825.15 are825.31 looking825.47 very825.79 closely826.03 at826.43 the826.51 accessible826.67 walking827.15 path827.55 like827.79 we828.03 mentioned828.19 in828.51 the828.67 application.828.83 Because829.63 the830.03 site830.19 is830.43 sloped830.59 so831.04 steeply,831.36 it832.24 may832.39 not832.63 be832.8 possible832.96 to833.27 go833.43 from833.6 the833.75 top833.84 to834.08 the834.24 bottom834.32 directly834.8 along835.6 an835.84 accessible836 path,836.48 which836.72 is836.96 definitely837.36 not837.75 ideal.837.92 But838.72 from839.04 the839.2 building,839.36 you839.75 should839.84 be840.08 able840.24 to840.39 go840.55 out841.27 of841.43 the841.6 site841.67 in841.92 either842.08 direction,842.32 kind842.63 of842.88 up843.04 or843.2 down.843.36 So,844.64 we're844.8 looking845.12 at845.36 that845.52 and845.68 making845.92 sure846.16 there's846.4 definitely846.64 an847.04 accessible847.2 path847.68 out847.84 of848 the848.08 site848.16 and848.4 that848.56 we848.64 think848.8 it849.04 makes849.12 sense.849.36 Then850.96 in851.12 terms851.28 of851.52 deed851.6 restrictions,851.92 our852.48 proposal853.36 would853.52 be853.68 to853.84 execute854.08 a854.56 deed854.64 restriction854.88 at855.36 construction855.52 closing.856.08 That's856.96 just857.28 because857.52 it's857.84 when858.08 we858.24 sign858.48 our858.72 other858.88 3859.78 to859.95 5860.02 deed860.5 restrictions860.75 because,861.38 you861.7 know,861.87 we862.02 have862.11 about862.35 20862.5 sources862.75 of863.14 financing,863.38 and864.18 we864.35 typically864.5 sign864.9 multiple.865.14 865.63 It's865.63 typically865.95 easier866.42 to866.83 do866.99 it867.14 then,867.23 because867.95 all868.26 the868.42 lawyers868.5 are868.9 already869.07 involved.869.38 But870.26 that's870.42 just870.66 our870.9 proposal,871.07 I'm871.89 more872.13 open872.37 to872.61 other872.85 timing.873.09 So,875.89 we876.05 know876.21 from876.53 your876.77 perspective,877.09 we're877.97 asking878.21 for878.53 your878.69 funding878.85 very879.25 early.879.49 So,880.53 you're880.69 thinking880.93 about881.25 how881.57 do881.81 you882.05 minimize882.21 the882.77 risk882.93 of883.41 potentially883.73 giving884.13 us884.51 money884.67 for884.75 the884.83 project.885.15 So886.43 from886.67 our886.91 perspective,887.07 they're887.71 kind887.88 of888.12 these888.2 two888.91 main889.15 ways889.39 that890.03 we890.36 are890.67 hoping890.75 to890.91 minimize891.07 CPC's891.63 risk.892.2 So,893.63 one893.88 is893.88 that894.12 we894.27 would894.43 have894.67 to894.83 conclude895.07 all895.63 of895.88 our896.03 due896.2 diligence896.36 successfully896.91 before897.55 drawing898.27 on898.67 any898.83 CPA899.59 funding899.91 at900.23 all.900.39 Like900.79 I901.03 said,901.11 the901.35 trust901.43 has901.75 provided901.99 funding902.31 to902.71 pay902.87 for903.03 due903.19 diligence,903.43 and904.15 we904.31 wouldn't904.55 want904.95 to905.19 draw905.27 on905.51 any905.59 CPA905.91 funds906.23 until906.87 we907.11 had907.27 completed907.43 due907.83 diligence907.99 and908.39 we'd908.63 submitted908.79 those909.19 environmental909.51 reports,909.99 title,910.47 and910.79 everything910.95 to911.59 CPC911.75 staff,912.31 and912.79 they912.95 reviewed913.19 it.913.59 So914.05 that's914.22 one.915.98 Then916.29 two,916.29 you916.29 know,916.46 once916.93 we917.17 acquire917.41 the917.82 site,917.98 we'll918.29 be918.53 even918.93 more919.34 confident919.74 that920.53 it's920.77 a921.01 fantastic921.17 match921.82 for922.05 the922.29 development,922.53 that923.41 it's923.58 feasible,923.82 that924.62 it924.86 can924.93 go925.1 forward,925.34 etcetera.925.82 Then926.98 we927.06 would927.38 do927.62 the927.78 permit928.02 and928.42 apply928.74 for929.06 the929.22 funding.929.38 But930.34 if930.66 we930.98 apply931.14 for931.46 funding931.7 or931.94 something932.18 doesn't932.5 work,932.82 and933.06 we're933.3 not933.46 successful933.7 in934.26 moving934.66 the934.98 development935.14 forward,935.54 then936.26 we936.5 would936.58 sell936.82 the937.06 site,937.22 and938.26 the938.5 site938.58 itself938.9 is939.3 an939.46 asset,939.54 and940.26 we940.59 would940.66 use940.9 the941.14 proceeds941.3 of941.71 the941.87 sale941.95 to942.26 repay942.5 City943.07 Fund.943.3 947.71 So,947.71 the947.95 total948.18 request948.5 we're948.83 asking948.99 for949.3 is949.54 $6,000,000.949.71 Like950.66 I950.83 said,950.99 we951.14 know951.3 this951.47 is951.71 a951.87 very951.95 significant952.26 request.952.99 We953.88 also954.04 see954.2 it954.36 as954.6 a954.76 very954.92 significant955.16 opportunity.955.64 We957.24 are957.4 asking957.64 for958.04 that958.28 in958.52 a958.68 few958.76 different959 installments.959.48 This959.96 is960.2 the960.28 kind960.52 of960.76 proposed960.84 timeline961.24 we've962.12 laid962.28 out.962.52 $4,500,000963.24 would964.44 be964.68 for964.92 acquisition965.08 and965.72 initial966.04 predevelopment.966.44 So,967.88 that967.96 would968.12 be968.36 in968.51 January968.68 2027,969.49 and970.43 part970.6 of970.75 that970.84 would971 pay971.24 to971.39 buy971.55 the971.72 property971.88 itself.972.27 Then973.63 we're973.96 asking974.27 for974.68 additional975.88 funding976.36 kind976.75 of977 in977.32 stages977.55 when978.04 we978.27 hit978.43 significant978.75 milestones979.39 to980.4 keep980.64 paying980.8 for981.12 predevelopment981.36 as981.92 we982.08 apply982.24 for982.48 state982.72 funding,982.96 and983.44 then983.68 also983.84 to984.16 pay984.32 for984.48 part984.64 of984.88 construction.984.96 So,989.44 that989.6 $6,000,000989.84 would990.56 leverage990.8 about991.28 $29,000,000991.52 in992.72 other992.88 sources993.12 of993.52 funding.993.6 So,994.62 you994.7 can994.93 see995.1 our995.25 initial995.42 budget995.82 here.996.13 It's996.46 got996.77 all997.1 these997.25 different997.5 sources997.89 of998.86 state999.01 and999.34 federal999.5 money,999.89 a1000.38 private1000.54 bank1000.86 loan,1001.18 things1001.58 like1001.89 that,1002.13 and1002.86 then1003.1 our1003.42 proposed1003.58 schedule1004.06 of1004.46 uses1004.62 with1005.1 acquisition1005.5 and1006.06 construction.1006.13 This1007.51 budget1007.67 would1008.15 include1008.39 underwriting1009.19 ongoing1009.91 maintenance1010.31 costs,1010.79 so1011.19 there1011.35 wouldn't1011.59 be1011.91 any1012.15 kind1012.55 of1012.71 ongoing1012.87 cost1013.43 or1014.07 need1014.39 for1014.55 subsidy1014.71 that1015.11 we'd1015.27 be1015.43 looking1015.59 for1015.99 from1016.15 the1016.31 city.1016.39 Thank1019.68 you1019.93 very1020 much.1020.25 That1020.49 was1020.64 our1020.88 very1021.05 quick1021.37 overview.1021.68 I1022.17 know1022.33 that1022.49 there1022.73 is1022.88 a1023.13 lot1023.29 in1023.52 there,1023.68 but1025.13 looking1025.45 forward1025.61 to1025.85 answering1026.09 your1026.4 questions,1026.57 and1027.13 giving1027.13 any1027.45 other1027.61 information1027.92 that1028.33 you're1028.48 looking1028.64 for.1028.97 1033.69 MAYO1033.69 -1033.69 Okay.1033.69 Thank1033.93 you1034.25 very1034.49 much.1034.65 Does1034.89 anyone1035.13 have1035.53 any1035.69 questions1035.85 at1036.41 this1036.49 time?1036.73 1038.73 SALVAS1038.73 -1038.73 I1038.73 have1038.97 a1039.29 very1040.33 elementary1040.73 question,1041.37 and1041.93 I'm1042.17 kind1042.41 of1042.65 new1042.89 on1043.05 this.1043.21 What1044.41 is1044.73 passive1045.13 housing?1045.69 1048.3 SMALL1048.3 -1048.3 Sure.1048.3 Passive1048.3 house1048.7 is1048.94 a1049.18 sustainability1049.42 program.1050.94 They1051.98 provide1052.22 requirements,1052.63 and1053.18 then1053.35 they'll1053.51 certify1053.74 the1054.14 building.1054.3 It's1055.26 a1055.66 program1055.74 very1056.54 focused1056.87 on1057.42 reducing1057.74 the1058.22 energy1058.38 usage1058.87 of1059.26 the1059.42 building1059.59 and1060.3 the1060.46 cost1060.63 to1060.94 run1061.18 the1061.42 building.1061.59 1066.16 ECK1066.16 -1066.16 I1066.16 have1066.16 a1066.24 question.1066.32 It1068.08 mentions1068.4 something1068.8 about,1069.04 confirming1069.76 the1070.32 bedroom1070.48 mix.1070.88 So1071.36 the1071.92 exact1072.08 ratio1072.48 of1073.28 21073.52 bedroom1073.68 to1074.16 31074.4 to1074.88 11075.44 if1075.68 there1075.92 are1076.16 any.1076.32 I1077.36 think1077.47 you1077.55 said1077.71 there's1077.88 a1078.12 state1078.27 requirement1078.6 to1078.99 have1079.23 it1079.47 be1079.63 greater1080.27 than1080.6 65%,1080.84 21081.88 and1082.03 31082.19 bedrooms.1082.36 So,1083.15 what's1083.39 going1083.63 into1083.95 the1084.27 analysis1086.03 of1086.91 you1087.23 know,1087.39 within1087.71 that1088.12 requirement,1088.43 what's1089.32 going1089.55 into1089.71 the1090.03 analysis1090.19 of,1090.6 like,1090.84 how1091.56 many1091.72 one1092.52 bedrooms1092.76 versus1093.32 the1093.88 others?1094.04 I1094.28 know1094.44 that,1094.68 like,1094.84 there's1095 a1096.52 very1096.68 much1096.92 appreciated1097.16 push1097.72 toward1098.04 more1099.56 bedrooms,1099.88 which1100.44 is,1100.68 like,1101.16 3-plus1101.72 bedrooms,1101.96 which1102.36 is1102.52 awesome.1102.68 But1102.92 I'm1103 just1103.16 curious1103.32 about,1103.64 like,1103.8 how1103.96 that's1104.12 being1104.36 calculated.1104.6 1108.89 SMALL1108.89 -1108.89 Sure.1108.89 Alex1108.89 from1108.89 the1108.89 architecture1109.05 part1109.45 is1109.69 here.1109.86 So1110.02 I'll1110.1 answer,1110.34 and1110.58 then1110.73 maybe1110.82 he1111.05 can1111.13 jump1111.21 in1111.38 if1111.62 I1111.69 missed1111.86 anything.1112.1 So,1113.38 first1113.53 of1113.53 all,1113.62 there1113.78 is1113.93 an1114.1 additional1114.26 requirement1114.65 that1115.13 at1115.29 least1115.38 10%1115.62 of1116.17 the1116.26 units1116.41 are1116.82 3-bedrooms.1117.82 So,1117.9 that's1117.9 just1118.14 a1118.22 floor1118.7 blanket1119.02 requirement1119.42 by1119.82 the1119.98 state,1120.14 so1120.54 we'll1120.94 meet1121.18 that.1121.42 Then1122.38 the1122.54 big1122.7 constraint1122.94 is1123.5 just1123.74 the1124.14 way1124.3 the1124.54 site1124.62 is1124.86 laid1125.02 out1125.26 because1125.34 it's1125.58 kind1125.74 of1125.9 shaped1126.06 like1126.3 a1126.46 triangle.1126.62 It's1127.1 a1127.34 little1127.42 bit1127.66 of1128.14 a1128.38 strange1128.54 site,1129.02 and1129.26 so1129.5 it's1129.66 kind1129.98 of1130.3 what1130.62 can1130.78 we1131.02 fit,1131.18 basically.1131.58 1132.38 ECK1132.38 -1132.38 Okay.1132.38 That's1132.7 interesting.1132.94 1136.36 DIRICO1136.36 -1136.36 What's1137.23 the1137.55 actual1137.71 cost1138.12 of1138.43 the1138.52 acquisition?1138.76 1140.03 SMALL1140.03 -1140.03 Since1141.71 we1142.03 are1142.28 under1142.43 a1142.76 purchase1142.91 and1143.23 sale1143.39 agreement,1143.71 the1145.47 terms1145.71 of1146.12 the1146.28 purchase1146.36 and1146.67 sale1146.91 agreement1147.15 right1147.55 now1147.82 are1147.98 confidential.1148.14 So,1148.94 we1149.02 had1149.18 hoped1149.26 we1149.42 could1149.5 share1149.66 that1149.82 in1149.98 executive1150.14 session,1150.62 but1150.94 we've1151.18 been1151.42 told1151.58 that1151.82 there's1151.98 a1152.3 procedural1152.38 problem1152.78 with1153.02 that.1153.18 So,1153.5 I1153.58 don't1153.66 think1153.82 I1153.98 can1154.06 sell1154.22 you1154.46 anything1156.94 in1160.71 open1160.71 meeting.1160.71 1160.71 DIRICO1160.71 -1160.71 Thank1160.71 you.1160.71 I1160.71 have1160.8 one1161.04 more1161.28 question.1161.43 I1163.76 would1163.84 assume1163.99 that1164.32 the1164.43 current1164.56 building1164.88 is1165.36 going1165.6 to1165.84 be1165.84 demoed,1166.39 this1166.63 is1166.63 a1166.76 new1166.88 build?1167.04 1167.43 SMALL1167.43 -1167.43 Correct.1167.43 1173.45 ECK1173.45 -1173.45 I1174.57 feel1174.73 like1174.97 the1175.13 timeline1175.29 is1175.85 probably1176.17 going1176.57 to1176.89 be,1176.89 it1176.89 seems1176.89 like1177.13 it's1177.29 going1177.53 to1177.69 be1177.77 in1179.21 parallel1179.53 with1180.01 one1180.17 of1180.33 the1180.49 Watertown1180.65 Square1181.21 revitalization.1182.09 I'm1184.84 just1185.08 curious,1185.23 like,1185.55 what1185.88 assumptions1186.03 are1186.67 being1186.84 made1187.15 about1187.39 cost1189.08 projections1189.71 that1191.23 might1191.55 fluctuate1192.27 because1193.15 of1193.47 that,1193.63 like,1195.23 if1195.39 costs1195.88 might1196.27 increase1196.6 as1197.32 a1197.47 result1197.55 of,1198.03 I1198.91 don't1198.99 know,1199.15 like,1199.23 logistical1199.47 problems1200.35 with1200.83 construction1201.07 because1201.63 of1202.03 everything1202.19 that's1202.51 going1202.67 on1202.91 in1202.99 the1203.07 square?1203.15 I1203.39 know1203.47 it's,1203.63 like,1203.79 a1204.03 little1204.19 bit1204.35 away1204.59 from1204.83 the1204.99 square.1205.15 1205.55 SMALL1205.55 -1205.55 That's1208.03 a1208.27 good1208.43 question.1208.75 I1209.55 don't1209.63 think1209.87 we've1210.19 accounted1210.51 for1210.91 that,1210.99 honestly.1211.23 I1211.71 think,1211.79 generally,1213.06 the1213.69 biggest1213.86 constraints1214.34 on1214.97 and1215.38 drivers1215.69 of1216.1 cost1216.26 over1216.49 time1216.82 typically1217.21 are1217.62 kind1217.86 of1218.1 general1218.26 escalation,1218.73 and1219.69 the1220.02 constraints1220.41 of1220.89 the1221.06 site1221.21 logistically1221.69 are1222.65 the1222.97 size1223.21 of1223.54 the1223.69 site1223.86 and1224.26 how1224.58 much1224.89 of1225.06 the1225.3 site1225.38 the1225.69 building1225.86 takes1226.17 up,1226.41 and1226.58 that1226.73 kind1226.89 of1227.06 won't1227.21 change.1227.45 So,1229.44 it's1229.68 something1230 we1230.56 can1230.72 ask1230.88 the1231.12 contractor,1231.52 but1232.08 my1232.24 sense1232.32 is1232.56 it's1232.8 probably1232.88 not,1233.28 like,1233.6 a1233.76 huge1233.92 driver1234.24 in1234.56 overall1234.64 cost.1235.04 1235.44 HAMMETT1240.16 -1240.16 I1240.16 have1240.24 a1240.48 couple1240.56 of1241.04 questions.1241.04 I1243.18 feel1243.35 like1243.59 this1245.02 is1245.26 maybe,1245.42 like,1245.66 a1245.83 little1245.9 bit1246.07 of1246.22 a1246.38 basic1246.46 question1246.78 too,1247.11 and1247.26 I1247.42 feel1247.51 like1247.66 I1247.83 understand1247.98 a1248.3 little1248.46 bit1248.63 about1248.78 it.1248.94 But1249.02 I1249.18 feel1249.35 like1249.42 it1249.59 would1249.66 be1249.83 valuable1249.98 for1250.38 me,1250.54 and1250.63 I1250.87 don't1250.94 know1251.18 about1251.35 other1251.59 members1253.18 of1253.51 the1253.66 committee,1253.74 but1254.07 also1254.22 the1254.46 public1254.63 to1255.02 understand1255.18 what1255.66 is1256.42 the1256.58 difference1256.74 between1257.38 a1258.02 CDC1258.26 and1258.9 other1259.22 types1259.62 of1259.86 affordable1260.1 housing1260.5 developers.1260.9 Could1261.3 you1261.54 guys1261.62 give1261.86 us1262.02 just,1262.18 like,1262.42 a1262.5 little1262.66 primer1264.18 on1264.66 that?1264.82 1265.62 SMALL1265.62 -1265.62 Sure.1265.62 So1266.82 CDC1267.3 in1268.02 this1268.26 context1268.5 stands1268.98 for1269.22 Community1269.46 Development1269.78 Corporation,1270.26 just1270.74 to1270.98 repeat,1271.14 not1271.9 satisfied1272.14 for1272.63 disease1272.79 control.1273.11 The1275.18 difference1275.35 between1275.74 us1276.07 and1276.22 other1276.46 developers,1276.7 so1277.59 one,1277.83 we're1278.38 a1278.63 nonprofit.1278.79 But1280.22 two,1280.55 the1280.94 idea1281.18 behind1281.51 a1281.9 community1282.07 development1282.55 corporation1283.11 is1283.83 that1283.98 we're1284.22 really1284.46 rooted1284.79 in1285.27 the1285.42 community1285.59 that1286.07 we1286.31 serve.1286.46 So,1287.52 you1287.76 know,1287.92 MetroWest1288.88 only1289.68 operates1290 in1290.32 the1290.48 MetroWest1290.56 region1291.2 of1291.44 Boston,1291.6 not1292.24 across1292.56 the1292.88 state1293.04 or1293.36 across1293.6 the1294 country.1294.08 Members1295.6 of1296 our1296.16 board1296.4 are1296.88 all1297.2 from1297.6 the1298.24 area1298.4 that1298.8 we1299.04 serve.1299.2 Like1300.08 Barney1300.32 mentioned1300.63 before,1300.96 a1301.36 certain1301.43 percentage1301.67 of1302.08 them1302.24 also1302.48 are1302.8 low-income1303.28 or1303.91 represent1304.15 low-income1304.8 communities,1305.2 so1305.67 we1305.84 have1305.99 representation1306.32 from1307.04 the1307.28 population1307.43 that1307.99 we1308.15 serve1308.24 on1308.48 our1308.63 board.1308.8 The1311.2 idea1311.36 is1311.76 we1311.91 kind1312.32 of1312.48 are1313.82 guided1314.06 by1314.46 that1314.62 input1314.78 from1315.1 the1315.34 community1315.5 and1315.9 creating1316.06 housing1316.38 for1316.78 the1317.02 community.1317.1 1318.86 HEATH1318.86 -1318.86 A1318.86 key1319.02 factor1319.26 in1319.5 that1319.66 is1319.74 that1319.9 we1319.9 only1320.06 do1320.3 affordable1320.46 housing,1321.18 we1321.42 don't1321.42 do1321.58 market-rate1322.06 housing.1322.3 1324.7 HAMMETT1324.7 -1324.7 That's1324.7 super1325.02 helpful.1325.34 Thank1325.74 you.1325.98 I1326.89 had1326.97 a1327.05 couple1327.13 of1327.34 questions1327.54 related1328.02 to1328.41 the1328.65 applications1330.17 for1330.65 state1330.89 funding.1331.13 I1332.02 saw1332.17 that1332.41 you1332.49 put1332.65 in1332.89 two1333.13 funding1333.38 rounds.1333.69 Is1334.02 that1334.17 just1334.34 an1334.58 assumption1334.73 based1335.21 on1335.54 what1337.38 we1337.69 know1337.93 about1338.17 having1338.49 normally1339.38 those?1339.69 1340.1 HEATH1340.49 -1340.49 Past1340.49 experience.1340.49 We're1340.49 always1340.65 hopeful.1341.06 1341.62 HAMMETT1341.62 -1341.62 Okay.1342.47 Do1344.55 you1344.79 think1345.03 there's1345.35 any1345.83 chance1346.23 that1357.19 the1357.35 Willow1357.51 Park's1357.83 recent1358.31 funding1358.55 is1359.03 going1359.18 to1359.51 change1359.51 the1360.38 chances1360.63 of1361.03 another1361.18 Watertown1361.42 project1361.9 being1362.31 funded1362.46 at1362.79 the1362.95 state1363.03 level?1363.27 1366.14 SMALL1366.14 -1366.14 That's1366.14 a1366.46 good1366.63 question.1366.95 I1367.83 think1367.98 our1368.46 sense1368.71 is1369.42 it1369.66 shouldn't1369.9 because1370.31 the1370.63 state1370.9 is1370.98 kind1371.22 of1371.3 always1371.54 looking1371.94 for1372.18 properties1372.42 outside1372.9 of1373.3 Boston,1373.46 and1373.94 that1374.1 the1374.34 big1374.5 driver1375.46 for1375.86 them1376.02 is1376.42 if1376.82 there's1376.98 a1377.3 large1377.7 local1378.02 match,1378.42 then1378.74 that1378.98 really1379.14 shows1379.38 community1379.78 support,1380.26 and1380.5 they1380.74 like1380.82 to1381.06 see1381.22 it.1381.3 So,1383.08 it's1383.71 kind1384.12 of1384.6 impossible1385.08 to1385.47 know1385.63 what1385.79 they1385.95 think,1386.03 but1386.27 I1386.43 think1386.52 our1386.67 sense1386.91 is1387.15 not.1387.39 1388.67 HEATH1388.67 -1388.67 So,1388.67 just1388.67 in1388.76 response1388.99 to1389.32 that,1389.47 this1389.63 is1389.79 a1389.95 fantastic1390.19 project1390.76 that1391.15 the1391.39 state1391.55 would1391.71 be1391.95 thrilled1392.12 to1392.52 be1392.6 part1392.76 of.1392.91 I'm1393.15 sure1393.39 that1393.63 they're1393.88 watching1394.12 Watertown1395.04 Square.1395.44 I1395.64 want1395.84 that1396.08 to1396.24 be1396.4 successful1396.56 as1397.12 well.1397.28 This1397.84 is1398.08 right1398.24 in1398.4 the1398.56 heart1398.72 of1398.88 it.1399.04 It's1400.08 a1400.32 great1400.48 location1400.96 for1401.76 folks1402 to1402.72 get1402.88 on1403.12 transit1403.28 and1404.24 get1404.4 to1404.64 jobs1404.8 and1405.28 services.1405.6 Also,1407.44 the1407.76 timing,1407.84 I1408.08 think,1408.32 works1408.64 for1408.88 us1409.04 because1409.28 Willow1409.88 Park1410.13 was1410.21 just1410.45 awarded.1410.77 So,1411.73 there'll1411.97 be1412.13 at1412.37 least1412.45 another1412.77 round1413.09 before1413.64 we1413.97 go1414.05 in1414.29 again1414.45 and1415.4 request1415.73 funds.1416.21 So,1416.61 the1417.01 time1417.24 might1417.4 be1417.57 appropriate1417.73 at1418.29 that1418.37 point.1418.53 1418.92 HAMMETT1418.92 -1418.92 Okay.1418.92 Great.1419.16 I1419.4 mean,1419.49 I1419.73 would1419.88 assume1420.13 that1420.45 this1420.61 would1420.77 be1421.01 an1421.09 attractive1421.24 project1421.64 to1421.97 them.1422.13 I1422.29 just1422.45 don't1422.61 know1422.77 if,1423.01 would1423.96 they1424.04 penalize1424.2 us1424.76 for1425 trying1425.16 to1425.4 do1425.48 too1425.72 much?1425.8 Like,1426.12 I1428.07 hope1428.07 not.1428.12 And1438.07 then1438.38 just1438.63 clarifying1439.03 that1439.98 in1441.18 your1441.51 plans1441.83 for1442.31 funding,1442.63 the1444.71 rest1444.87 of1445.03 the1445.18 funding1445.35 that1445.59 the1445.74 CPC1445.9 award1446.71 unlocks1447.11 all1447.59 this1447.74 other1447.9 funding1448.07 from1448.38 different1448.55 sources,1448.87 but1449.18 there's1449.35 no1449.59 expectation1449.74 to1450.22 come1450.38 back1450.55 to1450.79 the1450.87 CPC1450.95 for1451.51 additional1451.66 funding1452.12 for1452.36 construction.1452.52 That'll1453 all1453.32 be1453.48 done1453.72 through1453.88 potentially,1454.2 like,1454.76 a1454.92 loan1455.08 and1455.32 then1455.48 the1456.36 state1456.44 funding?1457.24 1457.72 SMALL1457.72 -1457.72 Right.1457.72 I1458.6 mean,1458.76 it's1459.16 very1459.48 early1459.8 in1460.12 the1460.2 project,1460.36 but1460.84 our1461.24 goal1461.4 here1461.64 was1461.88 to1462.12 come1462.28 in1462.44 now1462.68 and1462.92 say1463.16 this1463.4 is1463.56 all1463.72 of1463.96 the1464.04 funding1464.12 we1464.44 think1464.52 we're1464.68 ever1464.84 going1465.08 to1465.32 need.1465.32 1466.78 HAMMETT1466.78 -1466.78 Okay.1466.78 Excellent.1467.02 That's1467.49 helpful.1467.73 That1471.73 was1471.89 all1472.06 my1472.22 questions.1472.46 Thanks.1472.86 1476.22 DUFF1476.22 -1476.22 If1476.22 I1476.38 may.1476.62 I'm1480.19 a1480.35 little1480.51 confused1480.99 because1481.63 I1482.03 attended1482.27 a1482.75 meeting1482.91 of1483.39 the1483.55 housing1483.87 trust,1484.51 and1484.83 I1485.07 had1485.23 suggested1485.39 that1485.87 a1487.15 group1487.23 such1487.63 as1487.95 yours1488.27 take1489.71 over1489.87 property1490.27 the1490.75 town1490.83 already1491.23 owns,1491.63 like1492.03 the1492.51 Robert1493.41 Ford1493.65 Road1494.13 in1494.38 the1494.54 West1494.62 End1494.86 of1495.1 Watertown1495.26 and1496.78 use1496.93 state1497.65 funding.1497.98 The1498.86 manager1499.1 reminded1501.02 me1501.49 that1501.65 Willow1501.89 Park1502.38 will,1503.17 very,1503.17 very1503.58 unlikely1504.13 to1506.13 reissue1506.54 right1507.41 after1507.65 we1507.98 just1508.3 got1509.45 the1509.69 funding,1509.85 if1510.41 we1510.57 get1510.73 the1510.97 funding1511.05 because1511.37 at1511.61 the1511.77 time,1511.85 it1512.09 wasn't1512.25 approved1512.57 for1513.05 Willow1513.29 Park.1513.53 And,1514.73 yes,1514.97 everyone1515.29 seems1515.85 to1516.17 think1517.05 it's1517.29 a1517.45 good1517.61 shot.1517.85 Well,1518.25 the1519.37 manager1519.53 didn't1519.93 think1520.25 so,1520.57 and1520.89 I1521.21 don't1521.29 think1521.53 so,1521.85 but1522.09 that's1523.09 an1523.57 issue1523.88 we'll1524.29 have1524.53 to1524.77 work1524.85 on.1525.09 Do1525.8 you1526.04 have1526.13 any1526.29 projects1526.53 in1527.01 Watertown?1527.16 1528.13 HEATH1528.13 -1528.13 We1528.13 do.1528.29 We1529.88 have1530.04 two.1531.01 So,1531.16 we1531.16 have1531.33 Saint1531.48 Joseph's1531.8 Hall,1532.2 which1532.44 is1532.61 a1532.85 senior1532.92 housing,1533.24 and1533.72 we1533.96 have1534.13 181535.96 units1536.29 there.1536.68 We1537.4 also1537.57 have1537.88 at1538.47 10601538.63 Belmont1539.27 that1540.15 we1540.31 have.1540.47 251540.95 there.1541.51 I1542.15 get1542.23 that1542.39 already1542.47 did1542.79 mixed1542.87 up.1543.11 1543.19 SMALL1543.19 -1543.19 I1543.19 think1543.27 you1543.43 switched1543.59 those,1543.91 so1544.07 251544.23 at1544.79 Saint1544.87 Joseph1545.11 Hall,1545.43 which1545.59 is1545.83 a1545.99 senior1546.15 development,1546.47 and1546.87 181547.11 at1547.51 10601547.59 Belmont.1548.15 Over1549.11 the1549.35 years,1549.51 we've1549.91 submitted1551.26 proposal1551.97 requests1552.54 for1552.78 sites1552.93 in1553.17 Watertown.1553.26 We've1553.73 looked1553.97 at1554.13 many1554.3 sites1554.54 that1554.78 have1554.93 come1555.1 up1555.26 for1555.34 sale,1555.49 but1555.82 the1556.54 other1556.7 sites1556.86 that1557.17 have1557.34 come1557.49 up1557.65 for1557.73 sale1557.89 that1558.06 we've1558.21 looked1558.38 at1558.62 either1558.86 couldn't1559.26 support1559.73 the1560.21 number1561.26 of1561.49 apartments1561.65 that1562.06 we1562.21 needed1562.38 or1562.62 they1562.78 were1562.93 just1563.1 too1563.26 expensive.1563.49 And1564.54 so1564.73 that's1564.81 why1564.97 we're1565.05 so1565.13 excited1565.37 about1565.77 this1565.93 site1566.09 because1566.25 we're1566.41 all1566.57 kind1566.65 of1566.89 like,1566.97 finally.1567.45 You1567.93 know,1568.01 we've1568.41 looked1568.65 at1568.81 many1568.97 sites,1569.29 but1569.61 I1569.93 would1570.01 think1570.17 this1570.25 one1570.49 works.1570.65 1572.73 HEATH1572.73 -1572.73 And1572.73 for1572.89 the1573.13 record,1573.21 we're1573.53 not1573.69 opposed1573.85 to1574.17 applying1575.53 for1575.85 city1576.09 sites1576.41 either.1576.65 We1577.21 do1577.37 an1577.45 awful1577.61 lot1577.85 of1578.01 RFPs1578.17 in1578.73 response1578.89 to1579.29 that.1579.45 So,1579.69 we1580.71 would1580.8 look1581.04 closely1581.28 at1581.67 that1581.76 as1581.91 well.1582.08 1582.39 DUFF1582.39 -1582.39 Well,1582.39 I1582.63 was1582.71 just1582.88 thinking1583.12 that,1584.39 you1584.47 know,1584.63 one1584.8 of1585.04 the1585.12 biggest1585.28 problems1585.76 is1586.23 not1586.55 only1586.88 paying1587.84 for1588.32 land,1588.32 but1588.55 finding1588.88 land,1590.15 and1590.47 the1590.47 town1590.63 owns1590.95 some1592.15 land1592.39 that1592.71 is1592.88 probably1593.12 underutilized,1594.88 but1595.52 manager1596.61 and1597.01 I1597.17 had1597.41 to1598.05 disagree,1598.13 but1598.93 we'll1599.25 move1599.41 on1599.65 from1599.97 that.1600.21 I'm1602.61 a1602.77 little1602.93 confused1604.13 about1604.69 the1605.01 commercial1605.25 tenant.1605.73 Are1606.05 you1606.21 going1606.37 to1606.69 buy1606.69 them1606.93 out?1607.17 1608.53 SMALL1608.53 -1608.53 So,1610.23 the1610.39 four1610.71 commercial1611.04 tenants1611.43 right1611.84 now,1611.99 three1612.8 of1613.04 them1613.12 have1613.36 leases1613.6 through1614.15 the1614.39 end1614.47 of1614.71 September1614.8 2027,1617.12 and1617.28 then1617.28 their1617.6 leases1617.84 are1618.39 over,1618.63 and1618.88 then1619.12 there's1619.19 one1619.67 tenant1620.56 that1620.56 has1620.8 an1621.04 existing1621.19 lease,1621.6 but1621.84 they1622.08 know1622.23 that1622.47 the1622.71 owner1622.88 of1623.19 the1623.36 property1623.43 has1623.84 been1623.99 looking1624.23 to1624.55 sell1624.88 it.1625.04 So,1625.86 the1625.94 owner's1626.1 been1626.42 very1626.5 upfront1626.74 about1626.98 that.1627.22 And1627.78 so1627.94 their1628.1 lease1628.34 has1628.58 a1628.82 provision1628.9 that1629.3 if1629.62 the1629.78 site1629.94 is1630.18 sold,1630.42 then1630.9 the1631.14 new1631.22 owner1631.46 could1631.7 give1631.94 them1632.02 nine1632.26 months1632.42 notice,1632.82 and1633.94 then1634.26 they1634.58 might1634.74 be1634.9 asked1634.98 to1635.22 leave.1636.1 1638.78 HEATH1638.78 -1638.78 So,1638.78 our1638.93 intention1639.1 is1639.49 to1639.73 keep1639.82 the1640.06 tenants1640.3 in1640.62 place1640.69 until,1641.02 what,1641.41 September1641.73 of1642.3 2027,1644.78 that1645.02 would1645.02 be1645.17 the1645.34 earliest1645.41 we'd1645.82 be1646.06 asking1646.21 them1646.62 to1646.78 leave.1646.86 1648.78 DUFF1648.78 -1648.78 Would1650.21 you1650.38 incur1651.26 any1651.73 cost1652.06 of1652.75 them1652.99 leaving1653.15 or1653.71 moving1653.95 or1654.91 whatever?1655.07 1656.03 SMALL1656.03 -1656.03 So1656.03 in1656.19 that1656.43 scenario,1656.67 we1657.31 would1657.47 just1657.71 be1658.03 asking1658.35 them1658.75 not1659.07 to1659.31 renew1659.47 their1660.35 current1660.59 leases,1660.91 so1661.23 we1661.39 wouldn't1661.55 need1661.79 to1661.95 buy1662.03 them1662.27 out1662.43 or1662.67 pay1663.31 for1663.39 relocation1663.63 or1664.19 things1664.27 like1664.51 that.1666.55 1668.32 DUFF1668.32 -1668.32 I1668.63 was1668.79 reading1669.19 through1669.52 the1669.76 wonderful1670.71 paperwork1672.39 you1673.03 sent1673.19 us.1673.43 It1674.08 was1674.39 really1674.71 nice1675.03 and1675.28 informative,1675.6 and1676.71 it1677.03 said1677.28 something1677.6 about1677.91 historic.1678.39 Is1679.03 there1679.28 any1679.43 historic1681.11 situation1681.51 there?1682.15 1683.75 SMALL1683.75 -1683.75 No.1683.75 There1684.07 isn't1684.31 because1684.87 the1685.27 building1685.43 is1685.91 more1686.07 than1686.23 501686.47 years1686.79 old.1687.19 The1687.83 previous1688.07 developer1688.47 submitted1689.11 a1689.99 demolition1690.15 review1690.71 request,1691.11 and1691.59 the1692.67 historic1692.84 commission1692.99 didn't1693.39 have1693.71 any1693.88 concerns1694.03 about1694.52 demolishing1694.84 the1695.23 building.1695.23 1697.79 DUFF1697.79 -1697.79 I1698.12 noticed1698.76 that1699.23 there1699.47 was1699.71 a1700.84 big1700.99 push1701.23 here1701.55 for1701.79 larger1702.27 units.1702.76 Has1704.35 anyone1704.51 including1705.15 the1705.71 housing1705.87 trust1706.43 or1706.83 anybody1707.63 done1708.11 any1708.35 effect1708.59 on1708.99 the1709.15 school1709.31 system?1709.71 1711.47 SMALL1711.47 -1711.47 No.1711.47 Not1711.79 that1711.95 I1712.11 know1712.27 of.1712.43 1716.03 DUFF1716.03 -1716.03 Okay.1716.03 The1717.71 only1717.87 other1718.19 little1718.43 concern1719.68 I1720.16 have1720.4 is1720.72 that1721.05 a1721.85 market-rate1722.33 proposal1722.64 failed.1723.29 And1724.81 if1725.05 you1725.29 bought1725.37 this1725.68 property1726.01 and1727.85 it1728.09 didn't1728.16 work1728.48 out,1728.72 you1730.09 might1730.24 have1730.57 a1730.72 hard1730.81 time1731.13 selling1731.37 it,1731.68 which1731.92 would1732.24 mean1732.48 we1733.26 would1733.58 have1734.3 a1734.62 hard1734.7 time1734.94 getting1735.1 our1735.5 money1735.66 back,1735.98 so1736.22 to1736.46 speak.1736.54 Do1737.82 you1738.06 have1738.22 any1738.38 thoughts1738.62 on1739.02 that?1739.26 Although,1740.94 I1741.34 know1741.5 a1741.66 lot1741.74 of1741.9 town1741.98 real1742.3 estate1742.54 is1742.86 usually1743.1 pretty1743.66 high.1743.9 1744.14 HEATH1744.3 -1744.3 Yes.1744.3 So1744.3 I1744.38 was1744.54 going1744.7 to1745.02 say,1745.02 it's1745.26 a1745.42 good1745.9 site1746.22 that1746.62 just1746.86 didn't1747.1 work1747.34 out.1747.5 I1747.66 think1747.74 it's1747.98 difficult1748.26 right1748.65 now1748.89 with1749.46 interest1749.78 rates1750.1 for1751.22 private1751.46 developers1751.86 to1752.26 make1752.34 things1752.49 happen.1752.74 That's1753.06 where1753.3 we1754.02 have1754.17 a1754.34 slight1754.41 advantage,1754.82 I1755.46 would1755.62 say,1755.78 at1756.02 this1756.17 point.1756.34 But1757.46 that1757.78 site1758.26 is1758.41 not1758.58 going1758.74 to1758.98 go1758.98 away1759.06 in1759.3 terms1759.46 of1759.62 its1759.78 locale1760.02 and1760.41 its1760.65 attractiveness.1760.82 I1762.36 think1762.44 things1762.76 around1763.08 it1763.32 also1763.48 will1764.44 develop.1764.68 1766.6 DUFF1766.6 -1766.6 Thank1766.6 you1766.92 very1767.16 much.1767.32 1770.52 MAYO1770.52 -1770.52 Any1770.52 comments1770.76 from1771.16 our1771.32 person1771.48 online?1771.88 Any1772.6 texts?1772.84 No,1778.78 we're1778.93 good1778.93 here.1779.1 1779.65 DIRICO1779.65 -1779.65 I1782.93 have1783.1 another1783.89 comment.1784.29 Question.1785.82 Your1786.69 property1786.93 in1787.41 Newton,1787.57 the1787.81 Amory,1789.01 did1789.25 you1789.25 go1789.41 through1789.57 state1789.89 funding1790.37 for1790.77 that?1791.33 1791.49 SMALL1791.49 -1791.49 Yes.1791.81 1792.05 DIRICO1792.05 -1792.05 How1793.09 long1793.25 ago?1793.49 A1793.73 couple1793.81 of1794.05 years1794.13 ago?1794.37 1795.33 SMALL1795.33 -1795.33 In1795.33 2023.1795.65 1796.77 DIRICO1797.49 -1797.49 Because1797.49 they1797.81 just1798.05 got1798.29 awarded1798.45 more1798.93 funds1799.09 on1800.13 a1800.37 new1800.45 project1800.69 under1802.18 the1802.42 recent1802.98 grant.1803.79 1804.27 HEATH1804.59 -1804.59 That's1804.59 correct.1804.59 Further1804.59 up1804.9 on1805.07 Washington1805.23 Street.1805.71 1806.11 DIRICO1806.11 -1806.11 It's1806.11 kind1806.51 of1806.9 might1806.9 be1807.14 able1807.38 to1807.63 mirror1807.79 what's1808.11 going1808.35 on.1808.59 Your1810.11 project1810.35 as1810.83 far1810.98 as1811.31 Willow1811.47 Park1811.79 followed1812.59 by1813.07 two1813.23 years1813.47 from1813.87 now,1814.11 you1814.66 get1814.9 funding1815.14 for1815.55 this,1815.71 hopefully.1816.11 So,1817.97 it's1818.61 doable.1818.85 What's1822.05 the1822.37 cost1822.45 of1822.77 that1822.93 project?1823.09 1824.85 SMALL1824.85 -1824.85 What's1824.85 the1825.17 all-in1825.57 cost?1825.81 1826.29 HEATH1826.29 -1826.29 On1826.29 the1826.53 armory.1826.56 1826.58 SMALL1826.58 -1826.58 Give1827.97 me1828.21 one1829.09 second,1829.09 I1829.09 think1829.17 I've1829.41 got1829.65 that1829.89 with1830.13 me.1830.37 That1835.92 all1836.16 in1836.33 cost1836.48 is1836.88 $32,000,000.1837.2 1839.76 DIRICO1839.76 -1839.76 And1839.76 was1840.01 there1840.24 CPC1840.48 funding1840.96 involved?1841.52 1842.09 SMALL1842.09 -1842.09 Yes.1842.09 The1843.76 city1844.01 of1844.4 Newton1844.57 at1845.04 the1845.2 Armory1845.28 provided1845.85 the1846.24 land1846.4 for1847.28 no1847.44 cost,1847.68 and1848 then1848.16 they1848.32 also1848.4 provided1848.64 about1848.96 $5,000,0001849.28 in1850 subsidy.1850.16 1852.88 DIRICO1852.88 -1852.88 And1852.88 how1853.04 many1853.36 units?1853.6 1855.52 SMALL1856.24 -1856.24 43.1856.24 1862.57 MAYO1862.57 -1862.57 Okay.1862.57 Any1863.13 other1863.37 questions1863.61 or1863.92 comments1864.16 from1864.64 anyone?1864.8 1866.4 HANDY1866.4 -1866.4 I1866.4 have1866.57 a1867.37 few1867.44 questions.1867.68 This1868.64 is1868.88 based1869.04 on1869.28 some1869.76 of1870.01 Christine's1870.24 comments.1871.68 So1874.16 do1874.4 you1874.57 have1874.8 or1875.44 will1875.68 you1875.92 have1876.09 a1876.4 pro1876.64 form1876.88 a?1877.68 1878.45 SMALL1878.45 -1878.45 Yes,1879.41 we1879.65 can1879.81 submit1880.21 in1880.53 more1880.69 details,1880.93 pro1882.77 form1883.01 a,1883.25 like,1883.41 in1883.97 the1884.13 report.1884.29 1892.81 HANDY1892.81 -1892.81 Okay.1892.81 I1893.05 think1893.21 you1893.37 addressed1893.68 the1894.09 question1894.24 about1894.64 the1895.13 tenants.1895.21 So,1918.33 I1918.57 guess1918.72 just1919.05 looking1919.21 at1919.45 the1919.61 timeline1919.77 when1920.4 the1920.64 CPC1920.88 funds1922.16 will1922.48 be1922.64 used,1922.81 so1923.13 you'll1923.37 use1923.77 funds,1924.4 you1926.01 said,1926.24 $4,500,0001926.57 for1929.05 the1929.45 acquisition1929.61 and1930.4 predevelopment1930.64 in1931.68 January.1932.01 So,1943.36 you'll1943.36 be1943.6 using1943.84 most1944.16 of1944.48 the1944.64 CPC1944.8 funds1945.44 before1945.84 any1946.7 kind1946.93 of1947.02 financial1947.17 closing1947.73 with1948.13 the1948.38 state?1952.7 1954.86 SMALL1954.86 -1954.86 Yes.1954.86 1954.86 DIRICO1954.86 -1954.86 So1954.86 legally,1955.17 are1956.54 we1956.7 a1956.93 lienholder?1957.1 Are1957.82 we1957.97 on1959.34 the1959.49 deed?1959.65 I1959.97 mean,1960.06 I1960.22 don't1960.3 know1960.54 how1960.62 this1960.86 works.1961.58 You1963.96 know,1964.04 if1964.28 it1964.36 goes1964.52 belly1964.76 up,1965.16 well,1965.4 I'm1966.44 assuming1966.68 that1967.32 well,1967.88 it's1968.2 going1968.84 to1969.16 go.1969.16 But1969.4 how1970.68 do1970.84 we1970.92 get1971.08 the1971.32 property1971.4 back?1971.88 1972.52 SMALL1975.26 -1975.26 No.1975.26 I1975.49 think1975.58 that1975.89 is1975.97 a1976.13 legal1976.21 question,1976.54 but1976.78 I1976.93 think1977.02 we1977.26 can1977.34 work1978.21 out1978.38 a1978.62 lien1978.78 or1979.17 restriction1979.65 on1980.13 the1980.3 property,1980.45 you1980.93 know,1981.1 however1981.26 we1981.73 want.1981.89 The1982.21 legal1982.7 folks1982.93 need1983.26 to1983.41 structure1983.65 it.1984.06 1990.94 MAYO1990.94 -1990.94 Okay.1990.94 Any1991.26 other1991.5 questions?1991.74 I1992.46 always1992.54 ask1992.78 this1993.1 one1993.26 more.1993.5 Feeling1994.94 good?1995.34

1996.46 SPEAKER21996.46 -1996.46 Alright.1996.46 Well,1996.86 thank1997.26 you,1997.42 man.1997.58

1998.78 SPEAKER11998.78 -1998.78 We1998.78 got1998.86 something1999.1 else.1999.42 Let's1999.5 see.1999.66 This1999.98 is2000.14 why.2000.3

2009.71 SPEAKER22009.71 -2009.71 Oh,2009.71 alright.2009.88 2010.19 HANDY2010.43 -2010.43 So,2010.43 I2010.43 have2010.6 a2010.84 couple.2010.91 So,2011.55 Christine2013.88 Rogers,2014.43 housing2016.61 analyst,2017.41 wants2018.37 to2018.69 know,2018.77 is2020.37 an2021.09 appraisal2021.33 part2021.81 of2022.05 your2022.13 due2022.61 diligence?2022.85

2023.41 SMALL2023.41 -2023.41 Yes.2023.41

2023.41 Okay.2023.41

2026.61 And2026.61 And2027.81

2035.73 oh,2035.73 no.2035.81 They're2036.05 not2036.29 raising2036.53 their2036.85 hand2037.01 anymore,2037.16 so2037.64 I2037.88 don't2037.97 know2038.13 what2038.21 happened.2038.37

2058.26 I2058.26 think2058.41 you2058.66 you2058.97 gotta2059.05 put2059.53 your2059.78 question2060.01 in2060.34 the2060.49 chat.2060.66

2063.3 Rosdum,2063.3 Kolibian.2064.26

2071.17 SPEAKER122071.17 -2071.17 Can2071.17 you2071.33 hear2071.41 me?2071.57

2075.49 SPEAKER12075.49 -2075.49 Hello?2075.49

2076.45 SPEAKER22076.45 -2076.45 Oh.2076.45 Woah.2077.01 Woah.2077.73 What?2077.89 We2078.61 didn't2078.69

2078.93 SPEAKER112078.93 -2078.93 hear2078.93 you.2079.17 We2079.41 didn't2079.49 hear2079.65 you.2079.89

2083.01 SPEAKER122083.01 -2083.01 Okay.2083.01 Sorry.2083.49 Sorry.2083.89

2086.95 For2086.95 12087.18 thing,2087.51 on2088.63 my2088.86 end,2089.03 the2089.43 chat2089.66 is2090.07 disabled.2090.14 So2090.78

2091.51 SPEAKER22091.51 -2091.51 Oh,2091.51 okay.2092.07 Alright.2094.14 Well,2094.63 I'm2095.18 glad2095.34 we2095.59 can2095.74 hear2095.91 you.2096.07

2097.66 SPEAKER122097.66 -2097.66 Okay.2097.66 I2098.46 was2098.63 just2098.78 2099.26 UNIDENTIFIED2099.26 SPEAKER2099.26 -2099.26 RESIDENT2099.26 -2099.26 I2099.26 was2099.43 going2099.66 to2099.98 ask2099.98 if2100.55 it2104.04 would2104.2 be2104.36 possible2104.6 in2105 the2105.16 future2106.36 for2106.84 possible2107.48 future2107.96 projects2108.36 to2108.84 have2109 to2109.8 have2109.96 point2110.28 access2110.52 blocks?2111 2115 HAMMETT2115 -2115 That's2115 single2115.32 stair.2115.72 That's2118.09 a2118.34 building2118.41 code2118.73 issue,2118.89 I2119.21 think.2119.38 I2121.53 mean,2121.69 it2121.86 would2121.93 be2122.09 great,2122.26 but2122.41 we2122.57 have2122.73 no2122.89 say2123.14 in2123.21 that.2123.38 2123.82 HANDY2123.82 -2123.82 I2123.82 don't2124.26 like2124.41 code2124.57 changes.2124.89 2125.78 SMALL2125.78 -2125.78 Alex,2125.78 anything2126.09 you2126.41 want2126.49 to2126.73 add2126.73 to2126.82 that?2126.97 2129.66 ALEX2129.66 BURNELL2129.66 -2129.66 METRO2129.66 WEST2129.66 COLLABORATIVE2129.66 DEVELOPMENT2129.66 -2129.66 Yes,2130.46 for2130.78 different2131.02 building2131.82 code,2132.14 different2132.54 building2132.86 size,2133.42 different2133.82 building2134.06 topology,2134.46 perhaps.2135.42 2153.41 MAYO2153.41 -2153.41 Any2153.41 other2153.64 questions?2153.89 Is2154.85 that2154.93 it?2155.24

2155.53 How2155.53 did2155.69 you2155.93 do2156.01 it?2156.65 I2156.81 think2157.05 I2157.53 keep2157.85 asking2158.17 and2158.57 it2158.73 just2158.81 keeps2159.13 I'd2160.33

2161.13 SPEAKER132161.13 -2161.13 like2161.13 to2161.29 make2161.45 some2161.53 comments2161.77 in2162.09 the2162.25 Absolutely.2162.65 Absolutely.2164.65 Okay.2165.45 Should2166.33 I2166.57 come2166.73 up2166.89 to2167.21 or2167.7 which2167.94 I2168.03 do?2168.26

2168.74 SPEAKER92168.74 -2168.74 Whatever2168.74 makes2169.22 you2169.39 comfortable,2169.55 I2169.94 guess.2170.03

2172.74 SPEAKER132172.74 -2172.74 Sure.2172.74

2173.78 CLIFF2174.03 COOK2174.03 -2174.03 WATERTOWN2174.03 AFFORDABLE2174.03 HOUSING2174.03 TRUST2174.03 -2174.03 So,2174.03 for2174.03 those2174.18 who2174.34 don't2174.51 know2174.66 me,2174.74 my2174.98 name2175.07 is2175.22 Cliff2175.39 Cook.2175.7 I'm2175.86 the2176.03 chair2176.11 of2176.34 the2176.42 Affordable2176.59 Housing2176.91 Trust.2177.22 I'm2177.46 going2177.63 to2177.86 speak2177.86 tonight2178.18 on2178.42 behalf2178.66 of2178.98 the2179.14 trust.2179.22 I'm2179.56 a2180.12 resident2180.2 of2180.52 212180.68 French2181.16 Street2181.4 for2181.72 the2181.88 record.2181.96 So,2183.08 as2183.32 you2183.48 know,2183.64 the2183.96 trust2184.04 did2184.28 provide2184.44 $150,0002184.84 in2186.12 predevelopment2186.28 funding.2187 I2187.8 just2187.96 wanted2188.12 to2188.36 give2188.44 you2188.6 a2188.76 little2188.84 bit2189 of2189.16 information2189.24 on2189.88 why2190.28 he2190.6 did2190.76 so,2191 what2191.32 we2191.48 thought2191.64 was2191.88 a2192.12 project2192.52 worth2193 supporting.2193.24 So,2194.97 during2195.45 our2195.77 July2196.01 21st2196.41 meeting2196.81 when2197.05 we2197.2 provided2197.68 the2198.01 funds,2198.09 and2199.2 before2199.36 that,2199.61 the2200.09 trust2200.41 and2200.64 its2200.81 staff2200.97 dedicated2202.64 significant2203.05 time2203.68 to2203.93 review2204.09 of2204.41 MetroWest2204.49 requests.2205.05 There2206.72 are2206.97 several2207.05 factors2207.36 that2207.77 the2207.85 trust2207.93 considered2208.16 in2208.64 its2208.64 deliberations.2208.81 First,2210.16 the2210.4 site2210.56 has2210.8 an2210.96 active2211.2 special2211.84 permit.2212.24 This2213.04 is2214.64 better2214.8 than2215.04 gold.2215.28 This2215.52 is2215.68 like2215.76 5002216.24 diamonds2216.88 rolled2217.36 together.2217.6 I'd2218.12 say2218.64 it's2218.88 potentially2219.2 an2219.68 enormous2219.76 amount2220.16 of2220.4 time2220.48 and2220.8 removes2221.68 an2222.08 enormous2222.16 amount2222.56 of2222.8 uncertainty2222.96 from2223.52 the2223.68 project.2223.76 It's,2225.82 you2225.89 know,2226.05 it's2226.14 uniquely2226.3 positioned2226.86 to2227.26 support2227.41 100%2227.82 development2228.7 affordable2229.34 site2229.82 to2230.05 move2230.22 through2230.45 the2231.02 process2231.09 very2231.49 quickly.2231.74 Having2233.09 a2233.41 clear2233.49 permitting2233.82 pathway2234.22 that2234.7 requires2234.86 only2235.26 permit2235.49 modification2235.82 greatly2236.45 reduces2236.78 the2237.18 risk2237.34 for2237.57 Metro2237.66 West.2238.05 It2239.58 also2239.74 produces2240.14 costs2241.18 associated2241.58 with2241.98 holding2242.22 the2242.46 property2242.62 and2243.02 going2243.18 through2243.42 the2243.58 entire2243.74 permitting2244.06 process.2244.46 So2245.42 you're2245.74 talking2245.98 about2247.34 Q4292248.14 construction2248.14 store.2248.62 You2248.78 might2248.94 be2249.1 looking2249.26 at2249.5 Q4312249.9 if2250.78 you2250.94 were2251.02 not2251.26 for2251.42 that,2253.05 and2253.3 who2253.3 knows2253.45 what'll2253.61 happen2253.86 in2254.34 two2254.49 more2254.74 years2254.89 of2255.14 costs.2255.3 2256.97 They've2256.97 access2257.3 to2257.7 the2257.78 existing2257.93 plans,2258.41 working2259.22 with2259.61 the2259.78 architect2259.93 of2260.49 the2260.66 condo2260.82 building,2261.22 which2261.86 again2262.09 is2262.34 going2262.49 to2262.74 save2262.74 them2262.97 a2263.14 lot2263.3 of2263.54 time2264.02 and2264.41 hopefully2264.74 some2265.38 funds.2266.02 You2266.91 know,2266.99 a2266.99 lot2267.07 of2267.23 the2267.31 issues2267.47 around2268.03 the2268.43 site2268.59 that2268.83 would2268.99 be2269.15 there2269.23 regardless2269.55 of2269.79 whether2270.03 it2270.27 was2270.43 a2271.07 commercial2271.23 or2271.71 affordable2271.87 development2272.59 have2273.31 been2273.55 worked2273.71 out2273.95 or2274.19 worked2274.35 out2274.59 to2274.67 a2274.83 large2274.91 degree.2275.23 I'm2275.71 sure2275.87 there'll2276.03 be2276.27 other2276.35 things2276.59 that2276.83 come2276.99 up2277.15 inevitably2277.39 as2278.35 you2278.51 go2278.67 through2278.83 the2278.99 design2279.15 process2279.47 for2279.95 the2280.11 affordable2280.19 project.2281.55 But,2282.51 you2282.74 know,2282.91 you're2282.98 80%2283.55 of2284.11 the2284.18 way2284.26 there.2284.43 We2286.11 looked2286.26 at2286.51 the2286.59 site's2286.66 appropriateness2287.07 for2287.7 affordable2287.95 multifamily2288.43 housing.2288.98 It's2289.78 close2290.11 access2290.34 to2290.74 multiple2290.91 bus2291.3 lines,2291.55 multi-use2292.26 paths,2292.51 and2292.74 Square's2292.98 businesses2293.39 and2293.86 services.2294.03 The2295.39 proximity2295.55 to2296.11 all2296.27 of2296.51 these2296.59 make2296.83 this2296.99 an2297.15 excellent2297.47 site2297.87 for2298.11 low2298.27 and2298.43 moderate-income2298.99 housing.2299.31 Additionally,2300.19 industrial2300.75 units2301.07 will2301.39 all2301.63 be2301.71 deed-restricted,2302.11 and2303.07 soon,2303.23 perpetually2303.55 affordable.2304.19 With2305.79 a2306.03 substantial2306.27 number2306.91 of2307.15 family-size2307.63 units2307.87 as2308.27 Barney2308.59 has2308.99 described2309.23 and2309.87 already2310.19 talked2310.68 about.2310.91 Then2312.04 a2312.2 significant2312.28 number2312.68 with2312.99 deeper2313.16 affordability.2313.39 And2314.52 that's2314.59 been2314.84 something2314.99 that2315.24 trusted2315.39 in2315.72 really2315.88 thinking2316.2 we're2316.52 talking2316.76 a2316.99 lot2317.24 about2317.47 recently2317.72 is2318.11 the2318.28 is2318.43 getting2318.59 the2318.91 more2319.16 of2319.32 those2319.39 30%2319.64 and2321.16 60%2321.16 units.2321.16 Because2321.95 80%2322.2 of2323.53 median2323.69 income2324.17 is2324.57 an2325.13 enormous2325.21 amount2325.61 of2325.85 money.2326.01 2326.25 That,2326.25 you2326.41 know,2326.57 that2326.65 is2327.29 something2327.53 that2327.85 might2329.21 at2329.61 best2329.85 think2330.09 of2330.25 this2330.41 working2331.37 worker2332.01 housing,2332.33 but2332.97 it's2333.21 not2333.29 really2333.53 deeply2333.85 affordable.2334.25 What2335.59 we're2335.76 seeing2335.84 a2336.15 lot2336.23 from2336.47 what2336.64 I2336.71 understand2336.88 is2337.19 a2337.36 lot2337.43 of2337.51 people2337.59 are2337.91 just2338.07 not2338.32 being2338.47 able2338.71 to2338.95 make2339.11 the2339.28 cut2339.51 to2339.91 get2340.07 the2340.32 80%.2340.39 I'm2341.67 not2341.91 sure2342.07 offhand2342.32 right2342.71 at2342.84 the2342.95 moment2343.03 with2343.36 what2344.03 area2344.47 median2344.8 incomes2345.11 are,2345.51 but2345.67 they2345.84 are2345.99 very2346.15 high2346.39 in2346.55 this2346.64 region,2346.8 probably2347.19 among2347.51 the2347.76 highest2347.91 in2348.15 the2348.32 country,2348.39 if2348.8 not2348.95 the2349.19 highest.2349.36 We2354.11 gave2354.19 consideration2354.43 to2355.23 MetroWest2355.47 proven2356.27 past2356.75 work2357.07 in2357.79 their2358.03 traffic2358.19 with2358.59 development.2358.83 I2359.71 might2359.79 add2360.03 that2360.19 they2360.51 have2360.67 roots2360.83 in2361.07 the2361.15 community2361.31 going2362.35 much2362.67 further2362.91 back2363.23 than2363.39 the2363.55 two2363.71 developments2363.87 they2364.35 mentioned.2364.51 They2364.99 have2365.31 executed2366.01 on2366.48 housing2366.64 programs2367.05 here2367.45 over2367.61 the2367.76 past2367.93 202368.16 or2368.41 302368.64 years2368.8 as2369.84 I2370.09 understand2370.16 it,2370.72 of2370.89 other2371.05 kinds.2371.28 So,2373.84 they've2374.01 an2374.24 established2374.41 record2374.89 of2375.2 delivering2375.28 these2375.84 projects2376.24 in2376.72 a2376.89 similar2377.05 scale.2377.45 So,2378.61 we2378.85 did2379.09 look2379.25 at2379.49 the2379.57 risks.2379.73 You2380.21 know,2380.37 what2380.53 are2380.69 the2380.77 risks?2380.85 The2381.17 risks2381.33 are2381.57 that2381.81 might2381.89 not2382.13 move2382.37 forward2382.61 because2383.01 of2383.33 a2383.65 site2383.81 design2384.21 or2384.53 cost2384.69 considerations.2385.01 I2386.21 think2386.37 those2386.61 are2386.85 all2387.01 relatively2387.33 contained2388.29 at2388.77 this2388.93 point.2389.09 If2389.33 we2389.49 were2389.65 starting2389.81 de2390.21 novo,2390.37 it2390.69 might2390.85 be2391.01 a2391.17 different2391.25 situation,2391.8 but2392.28 that's2392.51 not2392.76 the2392.99 case2393.07 here.2393.39 Also,2394.51 this2394.84 MetroWest2395.07 might2395.64 be2395.71 organizationally2395.88 unable2396.51 to2396.84 deliver2396.91 the2397.32 project,2397.47 but2397.8 that2397.95 seems2398.11 highly2398.36 unlikely2398.68 given2399.07 that2399.39 there2399.47 is2399.64 a2400.11 track2400.59 record2400.84 of2400.84 over2400.84 the2400.99 last2401.16 five2401.39 years.2401.64 So2402.99 while2403.23 there's2403.32 inherent2403.55 risk,2403.95 we2404.19 felt2404.43 the2404.74 trust2404.9 felt2405.06 that2405.22 the2405.54 factors2405.7 described2406.02 above2406.42 more2406.74 than2406.98 mitigate2407.06 those2407.54 risks2407.78 and2408.42 that2408.66 the2408.74 benefits2408.82 of2409.3 the2409.38 project2409.46 made2409.7 one2409.94 away2410.1 orders2410.42 worst2410.74 street2411.06 worthy2411.22 of2411.54 the2411.62 trust2411.78 financial2412.1 support.2412.5 I2413.06 hope2413.14 that2413.38 the2413.62 CPC2414.34 will2414.9 be2415.06 blunt2415.22 to2415.46 extend2415.62 that2415.86 kind2416.1 of2416.26 support2416.42 as2416.74 well.2416.9 Thank2417.3 you.2417.46 2421.05 MAYO2421.05 -2421.05 Alright.2421.05 Last2421.53 chance.2421.84 Any2422.24 other2422.49 comments2422.8 or2423.2 questions?2423.36 Yes.2423.93 Come2424.32 on2424.57 up.2424.64 2426.01 SHERMAN2426.01 -2426.01 I2426.01 have2426.16 to2426.32 admit2426.41 I'm2426.64 a2426.8 little2426.89 bit2427.13 biased.2427.29 My2429.61 name2429.77 is2429.93 Michael2430.09 Sherman.2430.41 I've2430.72 been2430.89 on2431.05 the2431.77 board2431.93 since2432.72 its2433.05 founding,2433.2 when2434.36 we2434.6 were2434.68 Watertown2435.08 Community2435.56 Housing2435.88 in2436.12 1991.2436.28 So,2436.84 I've2437 been2437.08 on2437.24 the2437.28 board2437.32 for,2437.56 like,2437.72 352437.88 years,2438.44 but2438.76 I2439.56 think2439.64 more2439.96 importantly,2440.12 I've2440.76 been2440.92 a2441.08 Watertown2441.24 resident2441.72 for2442.2 502442.36 years.2442.68 I2444.04 think2444.12 this2444.36 is2444.6 a2444.76 really2444.84 exciting2445.16 project,2445.8 and2446.44 I2446.6 think2446.68 we2447.08 have2447.4 a2448.64 good2448.72 track2449.13 record2449.45 if2449.93 you2450.16 look2450.24 at2450.57 past2450.97 projects,2451.29 and2451.77 it's2451.93 been2452.16 a2452.41 while2452.49 since2452.8 we've2453.05 been2453.29 able2453.45 to2453.68 do2453.84 anything2454.01 in2454.41 Watertown.2454.57 I2455.61 think2455.68 this2455.93 is2456.09 a2456.24 great2456.32 opportunity2456.57 for2457.36 us2457.53 to2457.68 serve2457.84 folks2459.36 in2459.68 Watertown2459.84 as2460.32 well.2460.49 I2460.8 mean,2460.89 you2461.36 know,2461.53 one2461.77 of2462.01 our2462.16 original2462.41 mission2463.63 statements2463.95 was2464.51 we2464.91 want2465.07 to2465.31 build2465.31 affordable2466.11 housing2466.67 for2467.07 children2467.87 and2468.43 people2468.67 who2468.99 work2469.07 in2469.31 town2469.47 and2469.87 children2470.11 of2470.51 Watertown2470.67 residents2471.07 who2471.47 obviously2471.95 get2472.43 priced2472.67 out2472.99 of2473.15 that2473.47 community.2473.79 So,2474.43 I2474.99 just2474.99 want2475.23 to2475.55 speak2475.55 in2475.79 favor2476.03 of2476.43 the2476.59 proposal.2476.67 2481.09 UNIDENTIFIED2481.09 SPEAKER2481.09 -2481.09 HOUSING2481.09 FOR2481.09 ALL2481.09 WATERTOWN2481.09 -2481.09 Just2483.34 a2483.57 quick,2483.73 Housing2485.73 for2486.05 All2486.21 Watertown2486.45 wrote2487.18 a2487.34 letter2487.49 in2487.73 support2487.89 of2488.3 this,2488.38 but2488.61 we've2488.86 also2489.01 informally2489.41 talked2490.05 to2490.3 a2490.38 lot2490.53 of2490.7 people,2490.78 and2491.09 they2491.26 are2491.49 really2491.73 excited.2492.81 Like,2493.45 Willow2493.85 Park2494.17 and2494.49 then2494.73 1082494.89 Waters,2495.45 like,2495.85 there's2496.81 just2497.45 a2497.61 lot2497.77 of2497.93 support2498.01 in2498.33 the2498.41 community.2498.57 So,2499.21 I2499.37 think2499.53 that's2499.69 an2500.09 important2500.09 part2501.05 of2501.45 what2501.69 the2501.93 state2502.09 should2502.41 know2502.57 and2502.81 you2503.05 guys2503.13 should2503.37 know.2503.61 Also,2504.89 I2505.29 got2505.37 a2505.61 text2505.69 from2506.01 somebody2506.49 on2507.05 Zoom2508.99 if2509.64 we2509.95 could2510.11 get2510.28 a2510.52 sense2510.59 of2510.84 letters2511.07 that2511.56 came2511.72 in,2511.95 emails2513.07 that2513.56 came2513.72 in.2513.88 2514.52 HANDY2514.52 -2514.52 I2514.52 will2514.59 get2516.28 to2516.43 that2516.68 during2516.91 discussion.2517.72 2537.36 DUFF2537.36 -2537.36 What2537.36 is2539.91 your2539.91 net2539.91 worth?2539.91 2539.91 SMALL2539.91 -2539.91 There2542.47 are2542.72 two2542.8 ways2543.03 to2543.28 look2543.43 at2543.59 it.2543.76 One2543.99 is2544.24 MetroWest2544.55 and2545.2 the2545.43 individual2545.59 entities2546.24 that2546.8 own2547.03 the2547.52 apartments2547.68 that2548.29 are2548.45 part2548.69 of2548.77 MetroWest.2548.93 So,2550.69 one2550.93 is2550.93 the2551.09 overall2551.33 number,2551.65 which2552.61 I2552.85 don't2552.93 have2553.17 at2553.33 the2553.41 top2553.57 of2553.81 my2553.89 head.2554.05

2554.29 SPEAKER62554.29 -2554.29 Yeah.2554.29 Let2554.45 us2554.61 get2554.77 back2554.93 to2555.09 you.2555.17 I2555.25 don't2555.33 wanna2555.49 disclose2555.73 Yeah.2556.05

2556.69 SPEAKER112556.69 -2556.69 It's2556.69 part2557.33 of2557.57 our2557.81 materials.2558.05 Yeah.2558.61

2559.01 SPEAKER32559.01 -2559.01 You2559.01 might2559.09 have2559.33 that.2559.57 Yeah.2560.05

2561.38 SPEAKER62561.38 -2561.38 It2561.38 doesn't2561.61 I2562.01 don't2562.09 know2562.17 if2562.26 it2562.41 represents2562.49 all2562.97 the2563.21 properties2563.3 that2563.78 we2563.93 own.2564.18 As2564.41 Jerome2564.66 was2565.05 saying,2565.21 they're2565.45 entitled2565.61 individually.2566.41 It's2567.45

2568.49 SPEAKER92568.49 -2568.49 consolidated2568.49 on2569.78 premise.2569.93 2572.66 DUFF2572.66 -2572.66 I2572.66 just2572.82 have2573.05 a2573.21 little2573.38 concern.2573.7 The2574.26 $6,000,0002574.49 is2575.21 a2575.38 big2575.45 number2575.7 for2576.71 us2576.95 to2576.99 put2577.03 up2577.43 front.2577.67 It's2579.27 492580.07 units2580.71 and2581.19 Willow2581.99 Park2582.31 was2582.31 6,000,0002582.87 and2583.67 137.2583.91 2588.07 HEATH2588.07 -2588.07 I2588.47 think2588.55 the2588.71 big2588.87 issue2589.11 for2589.35 us2589.59 is2589.75 that2589.91 we2590.07 have2590.23 to2590.39 pay2590.47 for2590.71 the2590.87 property.2591.03 That's2592.57 the2592.89 driving2594.72 factor2595.05 in2595.45 Watertown.2595.77 If2597.36 we2597.45 didn't2597.61 have2597.84 that2598.01 cost,2598.16 it2598.49 wouldn't2598.57 be2598.8 that2599.61 high.2607.89 2607.89 MAYO2607.89 -2607.89 Okay.2607.89 I2608.29 think2608.45 we've2609.97 reached2610.21 the2610.45 end2610.61 of2611.01 the2611.17 presentation.2611.41 So2611.97 thank2612.29 you2612.45 again.2612.85 Next2614.37 up2614.77 is2615.01 the2615.33 acceptance2615.65 of2616.29 minutes,2616.45 and2616.77 then2616.93 we'll2617.09 get2617.33 to2617.49 committee2617.89 discussion,2618.29 which2618.85 will2619.17 come2619.49 back2619.73 to2620.05 this.2620.29 So,2620.69 if2621.09 you2622.05 want2622.26 to2622.42 stick2622.42 around,2622.59 by2622.98 all2623.14 means.2623.3 Alright.2625.07 So2625.47 now2625.7 we're2625.95 going2626.18 to2626.59 talk2626.82 about2627.07 the2627.22 acceptance2627.39 of2628.03 the2628.11 minutes2628.26 from2628.91 the2630.11 August2630.51 20th2633.22 meeting.2633.3 Do2633.3 I2633.3 have2633.3 a2633.3 vote2633.47 to2634.26 accept2634.42 the2634.66 minutes.2635.02 Motion?2635.38 2636.26 HAMMETT2636.26 -2636.26 I'm2636.26 going2636.42 to2636.66 motion.2636.66 2637.62 ECK2637.62 -2637.62 I'll2637.62 second2638.02 it.2638.9 2645.06 HANDY2645.06 -2645.06 Allen2645.06 Gallagher?2645.3 2646.02 GALLAGHER2646.02 -2646.02 Yes.2646.02 2649.3 HANDY2649.3 -2649.3 Dennis2649.3 Duff?2649.3 2649.3 DUFF2649.3 -2649.3 Present.2649.3 2650.41 HANDY2650.41 -2650.41 And2650.41 you2650.66 were2650.82 not2650.97 at2651.22 the2651.22 meeting?2651.3 2651.61 DUFF2651.61 -2651.61 I2651.61 wasn't2651.78 at2652.09 the2652.26 meeting.2652.34 2653.38 HANDY2653.38 -2653.38 Abigael2653.38 Hammett?2653.93 2654.57 HAMMETT2654.57 -2654.57 Yes.2654.57 2656.01 HANDY2656.74 -2656.74 Marilyn2656.74 Salvas?2657.45 2658.01 SALVAS2658.01 -2658.01 Yes.2658.01 2658.49 HANDY2658.49 -2658.49 Allison2658.49 Eck?2659.14 2659.38 ECK2659.38 -2659.38 Yes.2659.38 2660.18 HANDY2660.18 -2660.18 Bob2660.18 DiRico?2660.49 2661.3 DIRICO2661.45 -2661.45 I2661.45 wasn't2661.45 at2661.45 the2661.45 meeting?2661.61 2665.22 HANDY2665.22 -2665.22 Not2665.22 present.2665.22 Marissa2665.22 Mayo?2665.22 2665.22 MAYO2665.22 -2665.22 Yes.2665.22 2667.22 HANDY2667.86 -2667.86 Amy?2667.86 2667.86 HAMMETT2667.86 -2667.86 She2667.86 wasn't2668.1 there.2668.42

2668.66 Not2668.66 at2668.82 the2669.06 table.2669.3

2674.18 Present.2674.18

2696.19 SPEAKER12696.19 -2696.19 Okay.2696.19 I2696.59 guess2696.67 she2696.91 abstains.2697.15 Okay.2698.91 And2699.39 2699.63 MAYO2699.95 -2699.95 Before2699.95 we2699.95 get2700.11 into2700.35 the2701.07 next2701.23 thing,2701.47 our2701.71 committee2701.87 discussion,2702.35 you2703.8 can2703.88 take2704.11 a2704.28 statement.2704.67 2705.23 HAMMETT2705.23 -2705.23 I2705.23 just2705.95 want2706.19 to2706.43 make2706.43 a2706.59 disclosure.2706.76 My2707.32 husband,2707.55 Theo2708.11 Faye,2708.43 is2708.84 on2708.99 outreach2710.03 committee2710.59 for2712.19 MetroWest.2712.51 So,2713.16 I2713.39 just2713.55 wanted2713.71 to2714.03 disclose2714.19 that2714.59 publicly.2715.55 2717.08 MAYO2717.08 -2717.08 Excellent.2717.08 Alright.2719.16 Now2719.88 we2720.12 can2720.28 get2720.44 into2720.68 project2721.72 application2722.28 discussion.2722.92 So2728.2 what2728.6 are2728.84 we2729 thinking?2729.16 How's2730.52 everybody2730.84 feeling?2731.43 If2732.04 it's2732.11 just2732.2 feelings,2732.43 that's2732.84 always2733.39 good2733.64 too.2733.88 2735.72 GALLAGHER2735.72 -2735.72 Well,2735.72 are2735.95 we2736.43 expecting2736.68 a2737.07 vote2737.24 on2737.47 this2737.64 tonight2737.8 right2738.2 off2738.43 the2738.52 bat2738.68 for2739.39 $6,000,000?2739.64 2741.16 HANDY2741.16 -2741.16 I2741.16 think2741.64 that2741.95 you2743.57 probably2743.73 want2744.13 to2744.61 review2744.61 the2745.73 analys,2746.05 and2747.01 if2748.37 you2748.61 have,2748.69 you2749.65 know,2749.89 any2750.13 other2750.37 questions,2751.33 make2752.45 sure2752.69 that2753.01 everything2754.21 that2755.57 she2755.81 raised2756.05 is2756.37 addressed.2756.61 There2758.18 might2758.34 be2758.57 some2758.73 things2758.82 that2759.14 need2759.3 to2759.53 be2759.61 done2759.7 in2759.93 writing.2760.09 2761.53 MAYO2761.53 -2761.53 I2762.66 think2762.73 this2762.89 is2763.14 just2763.22 more2763.45 discussion2763.78 that2764.57 we2764.82 want2764.97 to2765.38 have2765.38 in2765.53 the2765.7 next2765.86 meeting,2766.18 which2766.73 we'll2767.05 have2767.3 a2768.26 few2768.41 more2768.57 things2768.82 to2769.05 discuss,2769.14 but2769.53 we'll2769.78 vote.2769.86 But2772.96 we2773.12 did2773.28 have2773.44 a2773.6 lot2773.68 of2773.92 discussion2774 previously.2774.4 2776.24 HAMMETT2776.24 -2776.24 Does2776.24 that2776.48 have2776.64 any2776.8 timeline2777.04 impacts2777.68 for2778 this2778.24 day?2778.48 2779.84 SMALL2779.84 -2779.84 That2779.84 should2780.08 work2780.24 for2780.4 us.2780.56 Assuming2783.93 the2784.09 next2784.26 meeting2784.57 is2784.89 not2785.05 for2785.61 long.2786.89 2786.89 MAYO2786.89 -2786.89 It's2790.65 October2790.89 15th.2791.42 2793.05 SMALL2793.05 -2793.05 It2793.45 should2793.61 work.2793.69 2801.15 DIRICO2801.15 -2801.15 I'll2801.15 make2801.39 a2801.63 comment2801.71 that2802.03 we've2803.79 been2804.11 looking2804.27 for2804.51 a2804.67 site,2804.75 the2806.03 committee,2806.19 but2806.67 city2807.31 for2807.71 since2809.15 we've2809.47 had2809.79 this2812.27 community2812.59 development2814.32 committee,2816.09 and2817.36 finally,2817.36 one2817.77 comes2818.01 to2818.24 us.2818.41 It2819.77 seems2820.09 like2820.32 everything2821.61 they2822.16 said2822.32 makes2822.64 perfect2822.89 sense.2823.36 Logistically,2824.24 it2826.01 doesn't2826.16 seem2826.49 like2826.72 we2827.05 don't2827.2 know2827.45 yet,2827.61 but2827.84 the2828.09 budget2828.16 seems2828.66 pretty2828.98 tight.2830.02 Again,2831.78 it's2832.1 depending2832.42 on2832.82 state2833.46 funding,2833.86 but2834.34 we2834.74 roll2834.9 the2835.14 dice2835.3 at2835.62 Willow2835.7 Park,2836.26 and2837.54 it2837.62 worked2837.78 out.2838.1 There's2840.1 a2840.42 serious2840.58 need2841.14 in2841.38 Watertown2841.54 for2842.55 this2842.8 type2842.88 of2843.2 housing.2843.36 Somebody's2844.24 come2844.88 forward2845.2 with2845.99 a2846.16 plan,2846.39 and2847.2 I2847.36 think2847.43 we2847.68 have2847.84 to2847.99 give2848.07 it2848.32 some2848.39 serious2848.64 consideration.2849.11 I'm2851.28 excited2851.84 about2852.39 this2852.64 and2852.88 glad2853.11 to2853.43 see2853.52 that2854.55 we2856.15 might2856.31 get2856.55 to2856.79 vote2856.87 on2857.11 one2857.27 of2857.43 the2857.51 biggest2857.59 developments2857.99 the2859.59 city2859.67 has2860.07 seen2860.07 in2860.31 a2860.43 long2860.55 time.2860.87 2868.49 ECK2868.49 -2868.49 I2868.49 think2868.66 this2868.89 is2869.05 incredibly2870.09 exciting,2870.73 and2871.21 I2872.57 think2872.73 it2872.97 actually2873.05 says2873.38 a2873.53 lot.2873.61 This2873.86 is,2874.09 like,2874.17 essentially,2874.49 a2874.97 waterfront2875.05 property,2875.86 and2877.53 that's2878.01 an2878.34 important2878.49 statement2878.89 that2879.38 affordable2879.86 housing2880.34 is2880.66 on2881.05 the2881.3 water.2881.38 And,2883.75 yes,2885.67 I2886.31 personally2886.47 think2886.79 it's2886.95 a2887.11 no-brainer.2887.35 I2887.75 mean,2887.91 assuming2888.07 that2888.47 we2888.55 get2888.71 some2888.95 of2889.19 the,2889.27 I2890.71 know2890.87 Christine2891.11 had2891.51 some2891.75 follow-up2892.71 things2893.27 and2894.07 those2894.31 seemed2895.19 important2895.51 to2896.15 address,2896.39 but2896.79 I'm2899.89 excited2900.05 about2900.45 it.2900.61 I2901.01 think2901.16 also2901.33 the2901.64 fact2901.81 that2902.13 MetroWest2902.53 is2903.16 trying2904.13 to2904.36 mitigate2904.53 the2904.93 risk2905.09 for2905.41 us2905.64 seems,2905.97 in2906.68 several2906.93 ways,2907.24 makes2908.05 it2908.36 especially2909.16 appealing2909.64 to2910.2 me.2910.36 2915.1 SALVAS2915.1 -2915.1 I2915.1 like2915.34 the2915.58 configuration2916.14 of2917.18 the2917.42 apartments2917.66 that2919.34 more2919.66 families2920.14 could2921.02 be2921.18 there.2921.42 I2922.46 think2922.62 that2922.94 a2923.1 lot2923.18 of2923.42 these2923.5 apartments2923.82 that2924.3 are2924.54 just2924.7 basically2925.57 studios2926.13 and2926.86 1-bedroom2927.41 apartments2927.82 don't2929.49 benefit2929.97 Watertown2930.61 as2931.26 much2931.49 as2931.82 having2931.97 families.2932.86 2939.4 MAYO2939.4 -2939.4 Did2939.4 we2939.64 get2939.88 a2940 count2940.12 in2940.44 all2940.52 the2940.68 letters2941.32 and2942.12 comments?2942.36 2945 HANDY2950.6 -2950.6 Alright.2950.6 So,2953 there2953.32 was2953.56 a2955.97 letter2956.14 from2956.53 Emily2957.01 Thibodeau2957.57 from2958.3 Elliott2958.53 Street2959.01 who2959.57 would2960.3 like2960.45 to2960.69 support2960.86 the2961.89 1082962.05 Water2962.78 Street2963.09 application.2963.89 She's2964.61 been2964.86 a2965.01 resident2965.17 for2965.73 102966.05 years,2966.3 and2966.78 she's2966.93 seen2967.26 a2967.49 lot2967.65 of2967.82 people2967.89 come2968.21 and2968.45 go2968.61 due2969.09 to2969.34 increasing2969.73 cost2970.38 of2970.72 living.2970.96 There2978.24 was2979.04 basically2979.04 one2981.92 statement2982.24 of2982.72 making2982.96 a2983.28 public2983.36 comment2983.76 in2984.24 support2984.7 of2985.03 1082985.11 Water2985.99 Street2986.3 CPC2987.18 application2987.91 because2988.86 Watertown2989.26 is2989.74 in2989.99 desperate2990.14 need2990.55 of2990.7 affordable2990.95 housing,2991.51 which2991.99 1082992.63 Water2993.18 Street2993.51 will2993.82 provide.2993.99 So,2995.26 we2995.51 have2995.74 Alex2997.24 Steinhardt2997.88 from2999.48 202999.96 Common3000.36 Street,3000.92 Sarah3002.6 Gotti3003.4 from3004.28 133005.4 Hosmer3006.12 Street,3006.6 Tamisha3008.04 Campbell3008.68 from3009.8 101643009.89 Walnut3012.13 Street,3012.61 Apartment3012.93 2.3013.41 Jeff3014.2 Daugherty3014.45 from3015.32 273015.57 Wilcrest3017.01 Circle.3017.64 Durav3020.61 Kedar3021.41 183022.28 lanes,3023.24 school3024.7 lane3025.58 and3026.46 street.3027.34 Kyla3028.22 Olobar3029.02 from3032.06 33033.26 Ripton3033.5 Circle.3033.98 Jean3035.58 Godier,3036.14 493036.94 Hancock3037.58 Street.3038.3 James3039.97 Caffery3040.77 from3041.89 273042.68 Hillcrest3043.41 Circle.3043.97 Merle3045.41 Kummer3046.53 from3047.49 3753048.28 Arlington3049.64 Street.3050.28 Carol3051.99 Vi3052.63 Weiner3052.87 from3053.43 413053.75 Bates3054.31 Street,3054.63 and3054.95 Rosdam3055.35 Koligian3056.39 from3057.11 1193057.51 Spring3058.47 Street.3058.87 So,3063.11 I3063.51 don't3063.67 know3063.99 how3064.07 many3064.15 that3064.39 adds3064.63 up3064.95 to,3065.03 but3065.19 it3065.93 seems3066.09 like3066.82 quite3068.71 a3070.61 few.3072.51 3074.41 MAYO3074.41 -3074.41 Okay.3074.41 So3075.53 I3075.78 don't3075.86 think3076.01 anyone3076.26 else3076.57 has3076.82 any3076.97 comments.3077.21 3077.61 HAMMETT3077.61 -3077.61 I3081 guess3081.08 I3081.32 just3081.4 wanted3081.56 to3082.84 reiterate3083.8 Allison's3084.6 comment.3085 Like,3085.32 I3085.48 think3085.64 that3085.72 there's3085.88 something3086.2 really3086.52 symbolic3086.76 about3087.4 this3087.64 site3087.8 that's3088.04 unusual3088.36 for3088.92 affordable3089.08 housing,3089.56 and3089.88 I3090.04 feel3090.2 like3090.36 putting3090.6 a3093.01 proposal3093.24 for3093.72 100%3094.13 affordable3094.68 building,3095.09 including3095.57 deeply3095.97 affordable3096.45 units3096.84 on3097.33 really3097.57 prime3097.89 real3098.13 estate3098.36 in3098.61 the3098.77 city,3098.84 I3099.16 think,3099.24 is,3099.49 like,3099.64 a3099.81 real3099.89 dedication.3100.29 Like,3100.84 shows3101.24 symbolically3102.36 Watertown's3103.01 commitment3103.64 to3104.05 remaining3104.2 a3104.61 mixed-income3104.93 community.3105.41 So,3105.97 like,3106.2 there's3107.05 just3107.29 something3107.53 to3107.85 me3108.01 that,3108.17 like,3108.41 a3109.61 lot3109.77 of3110.01 communities3110.09 sort3110.57 of3110.73 push3110.89 affordable3111.13 housing3111.61 to3111.85 the3112.01 periphery,3113.05 and3113.21 there's3113.21 something3113.37 about3113.69 putting3113.93 it3114.09 in3114.25 the3114.33 center3114.49 of3114.73 town3114.89 that3115.13 I3115.29 love3115.77 the3116.09 idea3116.25 of3116.57 that.3116.65 You3118.49 can't3118.73 get3119.13 a3119.86 more3120.03 transit-oriented3120.82 site3121.3 in3121.55 Watertown,3121.7 which3122.26 I3122.43 think,3122.59 you3122.82 know,3122.91 we've3123.14 agreed3123.63 in3124.11 the3124.26 zoning3124.43 to3124.91 do3125.07 parking3125.39 reductions3125.7 for3126.18 affordable3126.43 housing.3126.91 So,3127.86 I3128.11 think3128.18 that3128.43 for3128.66 a3128.91 site3128.99 like3129.22 this,3129.39 those3129.7 parking3129.95 reductions3130.18 will3130.74 have3130.91 the3131.14 least3131.3 possible3131.78 impact3132.26 because3132.66 it's3132.91 so3133.07 transit-oriented.3135.27 I3135.51 do3135.67 like3136.07 the3136.31 point3136.47 about3136.95 the3137.91 fact3138.07 that3138.31 it3138.47 is3138.63 already3138.79 permitted,3139.11 and3139.67 the3139.99 design3140.15 work3140.55 was3140.87 paid3141.11 for,3141.43 a3142.07 lot3142.23 of3142.39 the3142.47 design3142.63 work3142.95 was3143.19 paid3143.35 for3143.51 by3143.75 a3143.91 for-profit3144.23 developer.3144.71 I3147.82 mean,3147.99 having3148.47 been3148.78 on3148.95 the3149.11 planning3149.18 board3149.59 and3149.82 seen3150.07 the3150.3 presentations3150.55 of3150.95 the3151.11 project,3151.26 it's3151.59 a3151.91 really3152.47 exciting3152.7 project.3153.11 It's3153.51 beautifully3153.82 designed.3154.47 And3155.51 being3155.74 so3156.07 far3156.3 ahead3156.95 in3157.26 the3157.43 process3157.59 versus3158.14 buying3158.55 a3158.86 site3159.03 where3159.26 we3159.51 haven't3159.59 started3159.99 at3160.39 all,3160.55 I3161.22 think,3161.38 like,3162.58 I3162.82 totally3162.98 agree3163.38 that3163.62 it3163.78 makes3163.94 this3164.18 project3164.34 really3164.74 special,3164.98 and3165.3 it3165.46 gives3165.62 us3165.86 a3166.1 leg3166.18 up.3166.34 You3168.74 know,3168.9 to3169.62 Dennis's3169.86 point3170.42 about,3170.74 like,3171.06 Willow3173.64 Park3174.04 is3174.28 bigger3174.43 and3175.56 asked3175.88 for3176.2 the3176.52 same3176.68 amount3176.91 of3177.08 money3177.24 for3177.47 more3177.64 units,3177.8 but3178.2 that3178.36 was3178.52 land3178.76 that3178.99 we3179.08 already3179.32 owned.3179.64 One3180.84 of3181.08 the3181.24 only3181.39 ways3181.64 for3181.95 affordable3182.2 buildings3182.68 to3183.08 pencil3183.24 is3184.12 to3185.21 have3185.37 the3185.61 land3185.77 provided.3186.17 The3187.85 city3187.93 owns3188.25 some3188.57 amount3188.73 of3189.05 land,3189.21 but3189.45 we3189.61 don't3189.77 own3190.41 a3190.65 ton3190.73 of3191.05 land.3191.13 So,3191.53 this3191.77 is3191.93 one3192.01 way3192.33 that3192.49 we3192.65 can3192.81 provide3192.97 that3193.29 as3193.53 a3193.69 contribution3193.77 that3195.69 feels3195.93 meaningful.3196.25 So3196.81 I3197.05 don't3197.13 know,3197.29 I'm3197.53 excited3197.69 about3198.01 this3198.25 project.3198.41 The3198.89 building3199.05 is3199.37 cool.3199.45 The3199.85 site3200.01 is3200.17 great.3200.33 3202.49 DUFF3202.49 -3202.49 So3202.49 you've3202.74 seen3203.05 the3203.3 building?3203.45 3204.09 HAMMETT3204.09 -3204.09 I've3204.09 seen3204.26 it3204.49 in3205.86 its3206.02 original3206.41 iteration3206.89 when3207.38 it3207.61 was3207.7 permitted3207.86 as3208.26 condos.3208.49 3209.61 DUFF3209.61 -3209.61 And3209.61 the3211.05 notes3211.22 say3211.53 that3211.7 they3211.93 may3212.09 have3212.34 to3212.57 go3212.66 back3212.82 because3213.05 they're3213.3 changing3213.53 things3213.98 to3214.3 get3214.38 permit?3214.62 3215.18 HAMMETT3215.18 -3215.18 I3215.74 mean,3215.9 correct3216.14 me3216.46 if3216.62 I'm3216.7 wrong...3216.86 3217.02 DUFF3217.02 -3217.02 But3217.42 thing3218.06 about3218.38 it,3218.62 Mulrari3218.86 has3219.34 a3219.58 special3219.74 permit3220.06 to3220.38 go.3220.54 That's3220.78 not3221.02 necessarily3221.34 true,3221.9 is3222.22 it?3222.38 3222.7 HAMMETT3222.7 -3222.7 But3222.7 it's3222.94 much3223.1 easier3223.42 to3223.82 get3223.9 a3224.06 revision3224.22 to3224.62 a3224.78 special3224.86 permit3225.18 where3225.58 it's3225.74 like3225.9 the3226.06 changes3226.22 are3226.62 primarily,3226.78 I3227.26 assume,3227.42 going3227.82 to3228.06 be3228.06 about,3228.22 like,3228.54 unit3228.7 mix3229.1 and3230.09 the3232.34 parking.3232.49 3233.86 DUFF3233.86 -3233.86 It's3233.86 not3234.26 quite3234.57 the3234.82 best,3234.97 but3235.22 it's3235.45 down3236.34 close3236.74 to3237.06 the3237.22 best.3237.38 I3237.86 want3238.09 to3238.41 take3238.41 the3238.66 parking3238.82 lot3239.3 behind3239.54 the3239.86 T.3243.72 That's3244.2 a3244.2 great3244.36 a3245 great,3245.08 strong3246.36 point3246.76 of,3247.4 you3248.28 know,3248.52 people3248.76 won't3249.16 need3249.88 vehicles3250.52 and3251.08 therefore,3251.24 won't3251.72 need3251.88 parking3252.2 spaces.3252.6 3254.36 HAMMETT3254.36 -3254.36 I3254.68 think3254.84 there3255.08 will3255.32 be3255.48 a3255.72 certain3255.8 amount3256.12 of3256.44 work3256.6 to3256.92 get3257.68 the3257.99 revisions3258.16 permitted,3258.8 but3259.84 the3260.55 entire3260.8 process3261.36 to3262.16 start3262.39 the3262.72 permitting,3262.95 how3263.36 long3263.51 is3263.76 the3263.99 process3264.23 from3264.72 start3265.03 to3265.28 finish3265.43 with3265.68 the3265.84 city?3265.99 A3266.23 year3266.39 or3267.76 more3267.91 if3268.32 you3268.47 begin?3268.8 3270.39 BURNELL3270.39 -3270.39 The3270.39 permitting3270.72 process3271.11 for?3271.51 3271.84 HAMMETT3271.84 -3271.84 For3271.84 the3271.99 original.3272.16 3273.57 BURNELLL3273.57 -3273.57 About3273.57 133273.57 months.3273.57 3280.61 HAMMETT3280.61 -3280.61 Yes.3281.97 3283.01 ECK3283.01 -3283.01 I'm3283.25 just3283.41 curious.3283.65 The3286.37 crosswalk,3286.93 that's3288.13 right3288.45 near3288.69 there,3289.01 that3290.86 goes3291.11 to3291.27 the3291.51 river,3291.74 I3294.55 know3294.63 this3294.79 is3294.95 kind3295.66 of3295.82 random,3295.82 I3295.82 don't3295.91 know3296.07 how3296.14 much3296.3 control3296.47 you3296.7 have3296.79 over3297.03 it,3297.18 but3297.27 are3297.43 there,3297.59 like,3297.74 those3297.99 blinking3298.14 lights3298.63 on3298.79 that3298.95 crosswalk?3299.11 Do3300.14 you3300.3 know?3300.39 3301.11 SMALL3301.11 -3301.11 I3301.11 don't3301.27 know3301.51 off3301.74 the3301.91 top3301.99 of3302.22 my3302.39 head.3302.55 Something3302.79 we've3303.18 been3303.43 thinking3303.86 about3304.26 as3304.58 a3304.9 possibility,3305.06 again,3305.86 no3306.82 commitments,3307.14 would3307.62 be3307.78 to3308.02 work3308.34 with3308.58 the3308.74 city3308.82 and3309.14 see3309.3 if3309.54 we3309.7 could3309.78 apply3309.94 for3310.26 a3310.42 grant,3310.5 like3310.74 a3310.9 Mass3311.3 Works3311.54 grant,3311.54 to3311.86 help3312.02 improve3312.26 the3312.66 sidewalks3312.82 and3313.3 the3313.54 infrastructure3313.62 right3314.26 there3314.66 to3314.98 make3315.06 sure3315.22 there's3315.46 a3315.62 good3315.7 path3315.86 for3316.16 folks3316.24 to3316.47 walk.3316.55 3318.72 ECK3319.28 -3319.28 I3319.28 sometimes3319.43 drive3319.91 on3320.16 that3320.32 road,3320.39 and3320.64 I3320.8 see3320.95 people3321.2 trying3321.84 to3322.16 cross,3322.24 and3322.55 it's3322.72 a3322.95 busy3323.43 road.3323.84 I3329.28 could3329.43 be3329.59 totally3329.68 wrong,3329.99 but3330.16 I3330.32 don't3330.39 remember3330.55 if3330.95 I've3331.42 seen,3331.58 like,3331.74 the3331.98 blinky3332.38 lights.3332.78 I3333.02 think3333.1 it's3333.34 just3333.58 like3333.82 a3333.98 crossing.3335.82 I3336.62 could3336.78 be3337.02 wrong,3337.1 though,3338.3 but3338.78 that3338.78 sounds3339.02 like3339.26 a3339.42 cool3339.58 idea.3340.7 So3341.18 thank3341.42 you.3341.58 3347.36 MAYO3349.77 -3349.77 Good3349.77 on3350.01 discussion.3350.16 Okay.3350.57 So,3351.13 the3351.29 next3351.45 phase3351.68 on3352.01 this3352.16 will3352.41 obviously,3352.72 we'll3353.77 all3354.09 think3354.24 about3354.49 it,3354.72 send3354.89 in3355.13 any3355.29 questions3355.61 or3356.01 thoughts3356.16 we3356.49 have3356.64 to3357.29 Lanae.3357.68 We'll3358.64 also3358.97 talk3359.2 to3359.45 Christine3359.68 Rogers3360.09 again,3360.57 probably3360.81 follow-up.3361.2 I'm3362.33 sure3362.49 she's,3362.72 as3363.74 we3363.9 will3364.3 talk3364.54 about3364.78 momentarily,3365.1 some3366.7 of3366.86 the3367.02 preliminary3367.18 review3367.82 stuff,3368.14 and3368.38 see3369.26 if3369.58 we've3369.66 answered3369.98 some3370.38 of3370.54 those3370.7 questions,3370.94 which3371.34 it3371.58 sounds3371.66 like3371.98 we3372.14 have,3373.42 and3373.74 we'll3373.74 vote3373.98 at3374.62 our3374.86 10/153375.18 meeting.3375.98 3377.66 HAMMETT3377.66 -3377.66 It3377.66 sounded3377.91 like3378.22 Christine3378.55 had3379.03 asked3379.34 for3379.59 both3379.74 a3380.14 proforma3380.78 and3381.11 a3381.51 more3381.66 detailed3382.46 explanation3383.34 for3383.82 what3383.98 the3384.22 different3384.3 disbursements3384.7 would3385.34 be3385.51 used3385.66 for3385.91 after3386.14 the3386.39 acquisition.3386.55 That's3388.86 something3389.11 I3389.78 think3389.86 that3390.02 would3390.1 be3390.18 helpful.3392.42 3392.42 GALLAGHER3392.42 -3392.42 Did3392.82 you3392.98 get3393.22 a3393.54 copy3393.62 of3394.1 Christine's3394.34 report3394.9 to3395.54 us?3395.94 3396.58 SMALL3396.58 -3396.58 I3396.58 just3396.74 saw3396.9 it3397.14 today,3397.22 so3397.54 I3397.78 haven't3397.86 had3398.1 a3398.18 chance3398.26 to3398.58 respond.3398.66 3399.06 GALLAGHER3399.06 -3399.06 So3399.06 you3399.14 can3399.3 reproduce3399.46 it3399.94 because,3403.27 you3403.74 know,3403.91 we're3404.14 nine3404.31 citizens,3404.47 we're3404.47 not3405.59 housing3405.74 experts,3406.22 per3406.63 se.3406.87 This3407.59 is3407.83 a3407.91 lot3408.07 to3408.31 take3408.63 in.3408.87 As3409.83 one3410.07 of3410.07 our3410.22 former3410.39 board3411.35 members3411.66 always3412.07 said,3412.47 remember,3412.7 it's3413.27 the3413.51 people's3413.66 purse,3414.14 and3414.7 we're3415.03 responsible3415.43 for3416.07 that.3416.22 To3419.28 think3419.44 that3419.68 we're3419.84 going3421.76 to3422 put3422 $6,000,0003422.32 out3423.28 there3423.44 upfront,3423.76 so3424.64 to3424.88 speak,3425.04 and3425.28 it's3425.36 going3425.52 to3425.84 be3425.84 spent3426 in3426.24 the3426.32 short3426.48 term3426.8 before3427.12 the3427.44 rest3427.52 of3427.76 it's3427.92 completed,3428.48 it's3429.71 just3429.88 worrisome.3430.28 That's3430.84 all.3434.36 3439.55 MAYO3439.55 -3439.55 Okay.3439.55 Well,3440.91 now3441.71 we3441.95 can3442.11 move3442.36 on3442.68 to3442.91 our3443.23 Fair3443.81 on3444.13 the3444.21 square3444.37 activities.3444.93 That's3445.97 next3446.53 on3446.77 the3447.01 agenda,3447.17 and3447.49 then3447.65 we'll3447.81 flop3448.29 back.3448.53 I3448.77 think3448.93 we3449.09 like3449.25 to3449.41 mull3449.49 over3449.81 this3449.97 a3450.29 lot.3450.37 So3453.01 hopefully3454.21 everyone3454.69 had3455.09 a3455.25 chance3455.33 to3455.73 look3455.89 at3456.51 the3456.74 questions3457.3 that3458.18 were3458.34 created3458.66 and3459.55 would3460.03 like3460.34 to3460.59 talk3460.74 about3460.91 it3461.22 a3461.39 bit3461.47 more.3461.63 3464.51 ECK3464.74 -3464.74 We3464.74 had3464.74 been3464.91 talking3465.3 with3465.63 Tyler3465.86 about3466.34 the3466.74 survey.3466.98 I3468.82 think3468.98 Lanae3469.39 had3469.78 created3469.95 this3470.34 most3471.7 recent3472.5 version,3472.98 I'm3475.14 trying3475.54 to3475.86 remember,3476.74 did3477.22 we3477.38 decide3477.62 this3478.02 was3478.18 going3478.34 to3478.66 be3478.74 the3478.9 survey3479.06 that3479.38 was3479.54 at3480.98 the3481.14 tables3481.3 at3481.7 the3481.86 Fair3481.94 on3482.18 the3482.34 Square,3482.34 like3482.74 paper3484.18 survey?3484.5 3487.13 HANDY3487.2 -3487.53 No,3487.53 a3487.53 QR3487.53 code.3487.84 3488.16 ECK3488.16 -3488.16 Okay.3488.16 Basically,3494.57 we3494.89 could3495.13 make3495.28 more3495.61 questions3495.84 because3496.72 it's3496.97 a3497.13 QR3497.2 code,3497.53 but3497.68 I3497.84 also3497.93 think3498.32 that3498.97 if3499.2 somebody's3499.28 at3500.42 the3500.66 Fair3500.82 on3501.3 the3501.3 Square3501.3 and3501.54 they3502.1 don't3502.26 have3502.5 much3502.66 time,3502.9 maybe3503.38 a3503.62 short3503.78 one3504.02 is3504.9 good.3505.06 So,3509.22 do3509.22 people3509.46 have3509.78 reflections3510.02 in3510.5 the3510.66 survey?3510.74 3511.3 HAMMETT3511.3 -3511.3 I3511.3 had3511.46 one3511.7 comment.3512.02 I3512.91 thought3512.99 it3513.16 was3513.23 a3513.32 little3513.55 strange3513.8 that3514.2 for3514.51 the3514.68 sample3515.71 projects3516.28 that's3517.07 we3517.47 said3517.64 Saltonstall3517.95 Park3518.43 and3518.76 Commander's3518.84 Mansion,3519.23 which3519.55 are3519.71 both3519.88 projects3520.11 that3520.43 we3520.59 have3520.84 funded,3520.99 and3521.32 then3521.47 we3521.64 said3521.8 Salins3522.11 Pond,3522.68 which3525.16 is3525.32 maybe3527.71 an3528.03 idea3528.19 for3528.51 a3528.67 future3528.75 project,3529.15 but3529.55 nothing3529.71 has3530.03 ever3530.27 come3530.43 to3530.67 us.3530.75 I3530.99 wonder3531.07 if3531.31 we3531.55 should3531.63 say3531.95 Walker3532.27 Pond3532.51 instead.3532.83 I'd3535.95 like3536.11 to3536.35 see3536.83 what3537.07 other3537.31 people3537.55 think.3537.95 I3539.2 feel3539.45 like3539.61 Salins3539.77 Pond3540.16 is3540.41 just3540.64 such3540.81 a,3540.97 like,3541.13 hot3541.36 button,3541.68 has3542.33 been3542.57 historically3542.97 kind3543.53 of3543.61 a3543.84 hot3543.93 button3544.16 topic3544.57 in3544.89 town3545.13 that,3545.45 like,3545.61 as3547.45 an3547.68 example,3547.93 I3550.09 don't3550.24 know.3550.41 It3550.81 just3551.05 seems3551.2 like3551.45 we3551.61 have3551.77 another3551.93 pond3552.33 that3552.64 we've3552.81 already3553.05 funded.3553.29 3554.23 DUFF3554.23 -3554.23 Well,3554.23 I3554.39 agree,3554.55 but3554.95 I3555.19 will3555.51 say3555.83 that3555.99 Salins3556.63 pond,3557.19 most3558.71 people3558.95 don't3559.27 even3559.51 know3559.75 where3559.91 it3560.07 is3561.19 in3561.43 the3561.43 town.3561.51 Number3561.91 two,3562.31 most3562.95 of3563.27 the3563.43 people,3563.51 when3564.71 that3565.03 was3565.19 such3565.43 a3565.67 hot3565.83 button3566.07 issue,3566.39 didn't3566.63 even3566.87 live3567.11 in3567.35 a3567.43 lot3567.51 of3567.75 town.3567.83 So,3568.86 I3569.11 really3569.26 think3569.51 we3569.51 should3569.51 change3569.82 that.3570.14 It's3570.3 a3570.42 good3570.55 idea.3570.78 3572.14 HAMMETT3572.14 -3572.14 Then3572.14 it's3572.39 kind3572.63 of3572.94 like3573.03 all3573.34 example3573.66 projects3574.14 that3574.55 we3574.78 have3574.86 funded,3575.11 and3575.51 it3575.66 could3575.82 be3576.07 more3576.3 things3576.55 like3576.86 that.3577.11 3579.66 DIRICO3579.66 -3579.66 I'd3579.66 agree3579.91 with3580.22 that.3580.39 3584.78 ECK3584.78 -3584.78 I'm3584.78 worried3587.26 about3587.66 what3589.74 kind3589.98 of3590.22 data3590.38 we'll3590.7 get3590.94 from3591.1 that3591.26 question3591.42 just3591.82 because3592.06 I3592.62 wonder3592.78 if3593.1 there3593.26 will3593.5 be3593.66 a3593.82 lot3593.9 of3593.98 people3594.06 who3594.38 will3594.54 just3594.7 be3594.94 like,3595.1 I'll3596.53 just3596.68 select3597.16 all3597.49 four3597.72 of3597.97 them.3598.05 3599.81 HANDY3599.81 -3599.81 That3600.2 was3600.36 Tyler.3600.77 I3601.57 don't3601.72 know3601.97 if3602.05 he3602.13 saw3602.29 his3602.53 email.3602.68 He3603.01 just3603.09 said3603.33 we3604.05 limit3604.29 the3605.16 number3605.33 to3606.45 depending3607.01 on3607.64 I3608.36 think3608.52 I3608.76 put3609.08 in3609.32 43609.48 there,3609.8 so3610.04 limit3610.36 the3610.84 number3611 to3611.24 2,3616.04 so3616.28 they3616.52 can't3616.68 select3616.92 all.3617.32 3617.48 HAMMETT3617.48 -3617.48 I3617.48 mean,3617.56 so3617.8 we3617.96 could3618.36 ask3618.68 people3618.92 to3619.24 put3619.32 them3619.56 in3619.72 order.3619.96 3620.76 HANDY3620.76 -3620.76 You3621.96 could3622.2 do3622.36 that3622.6 too.3622.84 So3626.13 rank3626.53 is3626.84 preferred3627.16 over...3627.8 3628.36 ECK3628.36 -3628.36 I3628.36 would3628.61 like3628.68 rank.3628.93 3630.36 HAMMETT3631.32 -3631.32 Because3631.32 we3631.57 do3631.72 want3632.2 to3632.2 do3632.2 all3632.36 of3632.53 them.3632.61 3640.48 ECK3640.48 -3640.48 I3640.72 think3640.8 we3641.52 pared3641.84 down3642.16 the3642.4 demographic3642.64 information3643.36 compared3644.08 to3644.48 the3644.64 survey3645.52 from3646.16 2022.3647.92 So,3649.28 it's3649.44 down3649.68 to3649.92 four3650.08 questions.3650.32 3658.73 MAYO3658.73 -3658.73 I3658.73 think3658.97 it's3659.21 a3659.38 short3659.61 piece3660.34 that's3660.73 good3661.05 for3661.3 engagement.3661.53 It3662.01 gets3662.09 too3662.41 long,3662.57 people3662.89 just3663.21 don't3663.45 want3663.69 to3664.49 stand3664.49 there.3664.82 So,3666.73 this3666.89 is3666.89 good3667.14 for3667.3 that.3667.53 3669.11 SALVAS3669.11 -3669.11 Is3669.11 the3669.43 what3669.67 age3669.91 group3670.31 are3670.63 you3670.71 in,3670.95 multi,3673.59 you3673.59 know?3673.75 3674.95 HANDY3675.59 -3675.59 Yes,3675.59 groups.3675.59 And3675.59 we3676.31 could3676.47 talk3676.71 a3676.87 little3676.95 bit3677.19 more3677.35 about3677.59 that3677.75 tomorrow3677.99 because3678.63 I3679.67 think3680.82 in3680.89 the3681.14 original3681.38 survey,3681.86 we3682.18 had3682.34 a3682.82 really3683.05 long3683.38 list.3684.09 I3684.57 was3684.82 trying3685.14 to3685.3 make3686.18 larger3686.49 groupings,3687.22 age3687.93 groupings,3688.26 so3688.82 that3689.05 there3689.22 weren't3689.45 so3689.7 many,3690.09 I3690.34 mean,3690.41 I3690.57 guess3690.66 if3691.22 it's3691.38 a3691.61 drop3691.7 down3691.86 menu,3692.09 you3692.34 need3692.41 to3692.57 put3692.66 one,3692.82 I3692.89 guess3693.05 it3693.22 doesn't3693.3 really3693.61 matter3693.78 if3694.09 it's3694.18 103694.89 different3695.14 groups.3695.54 3698.25 SALVAS3698.25 -3698.25 I3698.25 mean,3698.65 if3700.25 people3700.41 are3700.89 doing3700.97 it3701.29 on3701.45 their3701.61 phone,3701.77 it3702.17 should3702.33 all3703.37 fit3703.61 on3704.17 the3704.41 phone.3704.49 And3706.17 if3706.33 it's3706.49 a3706.73 QR3706.89 code,3707.29 people3707.61 are3707.93 going3708.01 to3708.25 be3708.25 doing3708.41 it3708.73 on3708.81 their3708.97 phone.3709.21 So,3710.8 I'd3711.13 do3711.45 it3711.76 broadly,3712.01 like3712.24 under3714.32 20,3714.57 under3714.57 40.3714.57 3714.57 HANDY3714.57 -3714.57 Okay.3717.05 That's3717.45 really3717.76 broad.3718.09 L'll3721.2 take3721.36 a3721.48 look.3721.61 I3721.84 mean,3722.01 I3722.16 looked3722.48 at3722.8 how3723.2 it3723.36 would3723.53 look3723.68 on3723.84 mobile,3724.09 the3725.29 preview,3725.53 but3726.01 I'll3726.65 take3726.89 a3727.05 look3727.13 at3727.37 that.3727.45 Because3727.85 I3728.09 think3728.17 that3728.49 I3728.65 paired3729.21 it3729.53 down3729.69 so3729.93 it3730.17 would3730.25 all3730.41 fit.3730.57 3738.82 MAYO3738.82 -3738.82 Alright.3738.82 No3739.07 other3739.3 questions3739.47 or3740.11 comments3740.43 on3740.91 the3742.18 community3742.27 survey3742.74 questions?3743.07 We3744.18 did3746.66 have3746.91 our3747.07 sign3747.3 up3747.55 sheet3747.7 sent3748.27 out,3748.59 so3748.99 everything3749.47 is3750.18 full,3750.59 which3750.91 is3751.22 great.3751.47 So,3752.72 we3752.96 have3753.12 the3753.36 full3753.52 day3753.76 planned3754.08 out.3754.56 If3755.12 you're3755.28 not3755.36 sure,3755.6 you3756 can3756.16 always3756.4 go3756.64 back3756.8 into3756.96 your3757.2 email,3757.36 click3757.76 on3757.92 the3758.08 link,3758.16 and3758.4 see3758.56 who3758.8 you're3758.96 going3759.12 to3759.36 be3759.36 working3759.52 with.3759.76 We3760.08 all3760.24 have3760.4 buddies,3760.64 which3761.28 is3761.44 going3761.6 to3761.84 be3761.84 fun.3762 That3762.8 way3763.04 somebody3763.2 can3763.52 help3763.68 somebody3763.92 through3764.24 the3764.4 technology3764.56 on3765.12 their3765.28 phone,3765.44 and3765.68 the3765.84 other3765.92 person's3766.08 just3766.48 engaging3766.72 with3767.28 the3768.09 people3768.32 standing3768.64 around.3768.97 And3769.84 hopefully,3770.09 it3771.05 goes3771.13 smoothly.3771.36 3773.93 HAMMETT3773.93 -3773.93 I'm3773.93 happy3774.09 to3774.41 be3774.49 a3774.64 ringer.3774.72 3780.51 MAYO3780.51 -3780.51 Alright.3780.51 That's3782.11 it3782.43 for3782.59 fair3782.83 on3782.99 the3783.07 square.3783.23 We3783.55 feel3783.71 good.3783.95 We3784.19 feel3784.27 ready.3784.51 3785.23 HANDY3785.23 -3785.23 Well,3785.23 the3785.79 activity,3786.03 I3786.83 mean,3786.99 we3787.23 talked3789.47 a3789.79 little3789.87 bit3790.11 about3790.51 it3790.67 last3790.91 month.3791.47 So,3794.64 I3794.71 did3794.95 get3795.28 some3795.91 clear3796.88 cylinders.3797.43 I'm3800.39 keeping3800.71 it3801.11 simple3801.36 and3801.84 just3802.07 having3802.32 the3802.8 categories3803.03 as3803.67 opposed3803.84 to3804.16 having3804.32 different3804.8 projects.3805.11 So3807.26 having3807.66 the3807.9 categories3808.14 and3808.7 then3808.86 have3809.02 colored3809.5 pom3809.9 poms.3810.14 3811.02 MAYO3811.02 -3811.02 That3813.1 sounds3813.26 great.3813.5 3815.18 HANDY3815.18 -3815.18 I3822.16 just3822.32 have3822.47 a3822.88 board3823.04 that3823.76 people3823.99 could3824.32 put3824.64 stickies3825.2 on3825.68 with3825.84 projects3826.07 to3827.68 do3827.76 that.3827.91 I3831.68 could3831.84 bring3831.99 some3832.24 of3832.47 that3832.64 fact3835.14 sheet3835.46 and3836.02 the3837.06 things3837.22 left3837.46 over3837.78 from3838.1 July,3840.18 and3840.42 have3840.42 those3840.42 available3840.74 at3841.3 the3841.38 table.3841.54 I3842.66 usually3842.82 have3843.54 Hershey's3844.9 Kisses.3845.38 I3845.94 know3846.02 they3846.26 want3846.42 this3846.66 to3846.82 be3846.98 a,3847.3 what3848.86 do3849.01 they3849.26 call3849.41 it?3849.57 Sustainable3850.61 event3851.97 where3852.38 they3852.61 don't3852.78 want3853.01 trash.3853.34 I3854.78 mean,3854.93 technically,3855.18 aluminum3855.97 is3856.61 recyclable,3856.86 so3857.73 I3858.61 guess3859.73 we3859.97 could3860.05 do3860.21 the3860.38 Hershey's3860.53 Kisses.3861.66

3862.38 It3862.38 should3862.61

3862.93 SPEAKER13862.93 -3862.93 be3862.93 okay.3863.09 It's3863.63 cool3863.79 enough3864.11 out.3864.99 Yeah.3865.07 That's3865.39 cool.3865.55 So3865.79 yeah.3865.95 It's3866.51 like3866.83 they3866.99 won't3867.15 melt.3867.47 You3870.35 should3870.59 have3870.75 a3870.99 trash3871.15 can3871.47 right3872.51 there3872.99 so3873.31 they3873.47 can3873.63 unwrap3873.87 it3874.19 and3874.35 throw3874.59 it3874.83 in,3874.99

3875.23 SPEAKER23875.23 -3875.23 and3875.23 then3875.47 we3875.71 can3875.79 make3876.03 sure3876.27 they3876.51 have3876.75 a3876.91 recycling.3877.07 A3877.97 recycling3878.45 bin.3880.05 Okay.3880.68 But3882.2 some3882.61 place3882.84

3883.24 SPEAKER103883.24 -3883.24 so3883.24 that3883.33 they3883.57 don't3883.72 wind3883.97 up3884.2 on3884.36 the3884.53 ground.3884.68 Yeah.3885.16 Okay.3886.13 Good3887.16 idea.3887.33

3890.05 SPEAKER23890.05 -3890.05 Okay.3890.05 Let's3891.03 fair3891.27 on3891.59 the3891.75 square.3891.91 3892.63 MAYO3892.63 -3892.63 And3892.63 now3892.87 we're3893.19 back3893.43 to3893.99 housing3894.55 consultant3895.03 analysis.3895.67 3897.19 HANDY3897.19 -3897.19 I3897.43 mean,3897.51 I3897.83 think3897.91 for3898.23 that,3898.39 is3898.63 there3898.79 just3899.11 are3899.43 there3899.59 any3899.75 questions3900.47 that3901.91 the3902.23 CPC3902.47 has3902.95 about3903.35 Christine's3903.67 analysis3904.47 that3905.19 you3905.57 would3905.96 like3906.76 clarification3907.16 on?3907.96 3908.36 HAMMETT3908.36 -3908.36 Did3908.76 you3908.93 say3909.09 she's3909.24 online?3909.57 3910.13 HANDY3910.13 -3910.13 She3910.13 is.3910.84 My3912.93 computer3913.48 died.3913.96

3914.61 SPEAKER93914.61 -3914.61 Oh.3914.61 It's3915.01 just3915.16 really3916.13 a3916.36

3916.53 SPEAKER23916.53 -3916.53 perfect3916.53 night.3916.93 So3917.89 I'm3918.36 not3918.53 sure3918.76 if3918.93 she's3919.01 still3919.24 there.3919.48

3923.77 SPEAKER103923.77 -3923.77 Christina,3923.77 you3924.25 still3924.49 there?3924.73

3927.53 We3927.53 went3927.77 from,3928.01 like,3928.25 153928.65 people3929.05 to3929.45 6.3929.69 Yeah.3930.49 Because3930.81 And3931.13 I3931.37 came3931.45 for3931.77

3932.01 SPEAKER23932.01 -3932.01 a3932.01 housing.3932.09 Okay.3932.57 She's3932.89 she's3933.29 she's3933.85 out3934.17 there.3934.33 Okay.3934.81 3935.61 MAYO3935.61 -3935.61 So3935.61 we3935.69 can3935.78 follow-up3936.09 with3936.57 her3936.73 separately.3936.97 3938.01 HAMMETT3938.01 -3938.01 Maybe3938.01 can3938.49 we3938.73 ask3938.82 her3939.05 to3939.21 give3939.3 a3939.45 little3939.61 like,3940.89 if3941.21 we're3941.3 going3941.45 to3941.78 reconvene3941.78 on3942.17 this.3942.34 3942.73 HANDY3942.73 -3942.73 Would3942.73 you3943.05 like3943.3 her3943.53 to3943.78 come3943.93 to3944.26 the3944.41 next3944.57 meeting,3944.82 and3945.3 do3946.66 some3946.89 presentation?3947.14 3948.01 HAMMETT3948.01 -3948.01 I3948.01 think3948.17 it's3948.34 useful.3948.66 When3949.55 she's3949.63 done3949.87 that3949.95 before3950.19 it's3950.59 been3950.75 made.3950.91 3951.31 HANDY3951.31 -3951.31 Hopefully,3951.31 she'll3952.19 be3952.51 able3952.67 to3952.91 speak3954.11 freely.3954.59 3960.99 MAYO3960.99 -3960.99 And3960.99 no3961.23 one3961.39 has3961.55 any3961.79 questions3961.95 related3963.31 to3963.71 what3963.87 she3964.11 has3964.35 sent3967.53 us3967.68 previously?3967.68 3967.68 DIRICO3967.68 -3967.68 No.3967.68 I'd3967.68 be3968.09 interested3968.33 to3968.81 see,3968.97 I'm3969.13 glad3969.29 that3969.53 Metro3970.72 West3971.13 has3971.29 the3971.61 list,3971.77 and3972.09 they're3972.41 going3973.77 to3974.33 respond,3974.33 and,3974.33 it's3974.33 good.3974.64 3976.64 MAYO3976.64 -3976.64 I3976.64 think3976.81 we3976.97 asked3977.13 some3977.29 of3977.45 these3977.61 questions3977.77 too3978.16 while3978.41 we're3978.57 in3978.64 discussion,3978.96 so3979.36 we're3980 in3980.16 a3980.4 pretty3980.48 good3980.64 place.3980.8 3984.96 HANDY3984.96 -3984.96 Yes.3985.44 I3985.68 mean,3985.76 some3986 of3986.16 it3986.32 is3986.56 more3986.88 descriptive3987.36 and3988.16 less3990.88 question-oriented.3991.44 But3991.44 a3993.39 few3993.55 items3993.8 I3994.68 will3995.07 probably3995.32 go3995.71 through3995.95 and3996.59 just3997.23 pull3997.47 out3997.64 some3998.19 things3998.43 that3998.76 we'd3998.99 like3999.32 to3999.47 see3999.64 maybe3999.88 in4000.36 writing,4000.59 like4000.99 the4001.32 proforma4001.95 and4002.11 other4002.59 financial4003.39 information4004.03 we'd4004.59 like4004.76 to4004.99 see4005.16 in4005.32 writing4005.39 before4006.11 our4006.51 next4006.68 meeting,4007.32 or4007.64 you4007.64 know,4007.8 before4017.79 I4017.79 post4017.79 the4017.79 agenda.4017.79 4017.79 MAYO4017.79 -4017.79 Okay.4017.79 Well,4018.43 then4018.67 we're4018.83 on4018.99 to4019.15 the4019.23 coordinator4019.39 update.4019.95 Very4021.32 exciting4021.72 stuff.4022.05 4026.92 HANDY4026.92 -4026.92 Alright.4026.92 So4027.48 in4027.89 the4028.13 active4028.36 projects,4028.92 I4030.84 don't4031.01 really4031.16 have4031.4 anything4031.57 to4032.05 report4032.13 on4032.53 Saltonstall4033.18 Park4033.74 for4034.06 the4034.7 Commander's4034.94 Mansion4035.5 since4036.06 the4036.3 last4036.46 meeting.4036.78 Then4038.06 for4040.22 Walker4040.62 Pond,4041.1 they4044.14 received4044.22 104044.78 proposals,4049.72 and4049.97 they've4049.97 narrowed4050.28 them4050.68 down4050.93 to4051.8 three4051.89 strong4052.36 candidates4053.8 with4054.61 two4055.01 backups.4056.2 4060.13 HAMMETT4060.13 -4060.13 Is4060.68 it4060.84 public4061.01 who4061.41 they4061.57 are4061.72 or4061.97 can4062.53 we4062.77 ask?4062.93 4064.49 HANDY4064.49 -4064.49 Yes,4064.81 we4065.05 could4065.05 ask.4065.21 4065.61 MAYO4065.61 -4065.61 Yes,4067.13 take4067.25 a4067.25 look4067.37 at4067.69 what4067.77 they've4067.93 done.4068.09 4075.93 HANDY4075.93 -4075.93 I4076.17 mean,4076.25 I4076.49 think4076.65 she4076.97 has4077.13 some,4077.37 like,4077.61 visuals4080.52 of4081.08 work4081.39 they've4081.72 done,4081.95 but4083.8 they're4083.88 probably4084.11 also4084.6 having4085.95 the4086.36 candidate4086.43 look4087.08 on4087.32 their4087.47 websites.4087.64 They4089.88 are4090.04 scheduling4090.28 interviews4090.99 at4091.39 the4091.64 end4091.72 of4091.88 this4092.04 month,4092.28 and4092.6 they4092.76 think4092.91 they4093.16 will4093.39 select4093.64 an4095.42 architectural4097.18 firm4098.3 in4098.62 October.4099.1 Then4101.66 on4101.9 the4102.06 cemeteries,4102.38 the4103.58 RFQ4104.06 is4104.62 going4104.86 to4105.1 go4105.18 out4105.34 soon,4105.58 and4106.22 I'm4106.62 going4106.86 to4107.1 be4107.18 meeting4107.42 with4107.82 Ray4108.69 Donitz,4108.77 the4109.4 architect,4109.56 and4110.13 Michelle4110.44 Moon,4110.93 Joyce,4112.05 and4112.77 Bob.4113.09 So,4113.65 I4114.05 think4114.2 it's4115.48 October4115.73 5TH.4117.41 On4119.24 Willow4119.4 Park,4119.97 they're4120.52 seeking4120.93 to4121.4 close4121.56 by4122.05 the4122.2 end4122.36 of4122.6 the4122.85 year.4123.01 We'll4125.24 see4125.48 if4125.72 they're4125.88 able4126.12 to4126.52 meet4126.68 that4127 deadline.4127.32 So,4129.24 I4130.2 don't4130.28 know4130.52 if4130.6 you4130.68 remember4131 that4131.64 if4131.96 they4132.12 close4132.36 by4132.68 the4132.84 end4133 of4133.16 the4133.24 year,4133.4 they4133.64 get4133.8 this4134.04 boost4134.6 to4135.24 their4135.48 tax4135.72 credits,4136.12 so4136.52 there'll4136.76 be4137 more4137.16 equity4137.4 for4137.88 the4138.04 project,4138.2 and4138.6 that4138.84 could4140.02 mean4140.26 $12,000,0004140.65 more4141.3 dollars.4141.61 So4141.85 hopefully4142.09 they4142.65 will4142.81 be4142.98 able4143.14 to4143.38 close4143.57 it.4143.77 So,4144.49 you4145.53 know,4145.61 it's4145.77 a4146.09 $170,000,0004146.26 product,4148.49 some4148.81 extremely4149.85 high4150.34 numbers.4150.49 So,4150.9 I4151.45 guess4151.61 $12,000,000,0004152.02 is4152.73 just4152.9 a4153.14 drop4153.22 in4153.45 the4153.61 bucket.4153.69 So,4164.15 1034164.47 Nichols,4164.47 they4165.43 were4165.59 still4165.83 due4166.15 to4166.55 legal4166.79 issues.4167.27 They4168.15 were4168.31 going4168.47 back4168.79 and4168.95 forth4169.11 on4169.43 language,4169.67 on4171.18 the4171.41 lease4171.57 with4171.9 Beaverbrook,4172.3 and4173.1 the4173.26 former4173.41 executive4174.86 director4175.34 had,4176.22 you4176.53 know,4176.7 a4176.86 legal4176.94 case4177.34 with4177.74 misusing4177.98 funds,4178.53 and4178.78 that4179.02 carried4179.18 over4179.49 into4179.74 their4179.98 financials,4180.3 which4180.94 had4181.18 to4181.34 be4181.49 revised.4181.74 4182.45 So,4182.45 the4182.78 closing4183.02 was4183.82 delayed4184.06 by4184.45 a4184.7 few4184.78 months,4185.1 so4185.79 we're4186.03 not4186.11 going4186.43 to4186.75 see4186.75 a4187.07 confirmation4187.23 letter4187.95 from4188.27 CDAC4188.59 for4189.07 a4189.31 while.4189.39 CDAC's4192.35 acknowledging4193.23 the4193.79 impact4194.03 of4194.43 the4194.59 delay4194.75 in4195.31 closing.4195.55 They4196.51 will4196.99 potentially4197.47 provide4198.19 another4198.59 $200,000,4198.91 on4201.15 top4201.31 of4201.47 what4201.63 they4201.95 had4202.27 originally4202.51 committed,4203.31 softly4204.35 committed4204.91 to4205.31 loan.4205.55 Then4212.85 housing4212.85 authorities4213.25 reached4213.81 out4214.05 to4214.29 their4214.37 general4214.93 contractor,4215.49 and4216.61 they're4217.57 going4218.05 to4218.37 reach4218.77 out4219.09 to4219.33 new4219.89 subcontractors4220.29 for4221.41 new4221.97 quotes4222.29 so4222.77 that4223.01 they4223.17 can4223.41 maintain4223.65 the4224.61 pricing4224.69 and4225.17 the4225.33 project4225.41 budget4225.97 to4227.09 meet4227.4 what4227.65 funding4227.89 is4228.28 available.4228.52 They4230.76 hope4230.93 to4231.16 have4231.4 final4231.72 pricing4232.2 from4232.68 the4232.84 contractor4233.01 by4233.48 the4233.72 end4233.8 of4234.13 September4234.28 and4234.84 adjust4235.65 their4236.13 request4236.36 to4236.93 CDAC.4237.09 So,4240 on4240.32 the4240.56 financials,4240.8 Megan4242.88 is4243.2 working4243.44 on4244.16 closing4244.32 the4244.48 books4246.64 for4247.28 FY2026,4248.48 and4250.4 she4250.8 will4251.12 have4251.36 the4252.56 close-out4253.2 for4253.69 that4253.93 and4254.16 then4254.32 the4254.56 next4254.65 quarter4255.05 financials4256.09 for4257.05 our4257.93 October4257.93 meeting.4258.48 I4263.44 mean,4263.52 really,4263.84 a4264.64 little4265.44 bit4265.6 more4265.84 came4266.16 in4266.4 for4267.47 the4267.71 surcharge4268.19 and4268.83 for4269.07 interest4269.23 income.4269.79 So,4270.43 I4271.71 think4271.87 now4272.11 we're4273.47 kind4274.59 of4274.75 at4274.91 the4275.15 same4275.31 point4276.43 we4276.83 were4276.99 in4279.23 June4279.47 where4279.95 we4280.19 had4280.43 about4280.91 20,000,0004281.79 available4283.63 for4284.26 projects.4284.51 So,4285.47 it's4285.78 about4286.18 that4286.51 still.4287.06 4289.78 DUFF4289.78 -4289.78 May4289.78 I4290.02 ask4290.1 a4290.34 question?4290.43 4291.3 HANDY4291.3 -4291.3 Yes.4291.3 4292.98 DUFF4292.98 -4292.98 Have4292.98 we4293.22 gotten,4293.39 I4294.59 don't4296.51 have4296.74 it4296.98 here,4297.06 but4297.3 I'm4297.55 curious4297.7 of4299.12 what4299.28 cost4299.6 it4300 would4300.16 take4300.4 to4300.72 complete4301.36 the4301.76 Commander's4301.92 Mansion4302.64 situation4303.2 and4303.92 landscaping?4304.32 4305.04 HANDY4305.04 -4305.04 Doing4305.04 the4305.6 exterior4307.28 of4307.84 the4307.92 building4308.08 or4308.48 the4308.72 whole4309.84 thing,4310.08 like4310.4 the4310.56 landscaping4310.72 and4311.28 everything?4311.44 4311.76 DUFF4311.76 -4311.76 Everything.4311.76 4312.4 HANDY4312.4 -4312.4 We4312.4 don't4312.56 because4312.88 the4320.78 second4320.94 phase,4321.26 we4322.39 gave4322.7 them4322.94 money4323.34 for4323.74 the4324.7 construction4324.94 documents4325.51 and4326.15 cost4326.39 estimates4326.78 to4327.38 do4327.46 the4327.54 work4327.7 to4327.86 the4328.1 building4328.34 exterior,4329.46 the4329.7 windows,4329.86 and4330.66 the4331.06 elevator.4331.14 So,4332.18 the4332.42 landscape4332.66 is4333.3 complete,4333.54 that's4334.18 another4334.5 project.4335.14 That4335.78 will4336.02 probably4336.18 be4336.74 overseen4338.82 by4339.3 Michelle4339.54 Moon4339.94 as4342.4 opposed4342.64 to4343.03 public4343.52 buildings.4343.99 So4345.11 we4345.44 don't4345.6 have4345.91 the4347.19 construction4347.52 documents4348.8 or4350.16 the4350.31 estimates4350.56 for4351.11 the4351.27 building4351.52 exterior4351.99 yet4354.16 or4354.31 even4354.31 the4354.64 elevator.4354.8 4355.27 DUFF4355.27 -4355.27 We4355.27 voted4355.44 to4355.84 give4355.99 Walker4358.56 Pond4359.04 $12,000,000.4359.04 Is4360.24 there4360.32 any4360.48 other4360.72 things4360.96 we4361.28 voted4361.52 to4361.92 give?4362 4362.32 HANDY4362.32 -4362.32 No,4363.12 we4363.28 didn't4363.28 vote4363.52 to4363.68 give4363.84 them4364.16 $12,000,000.4364.32 4366 HAMMETT4366 -4366 They4366 just4366.24 said4366.48 that4366.72 was4366.96 like,4368.24 their4368.4 gross4369.3 estimate4369.61 of4370.02 what4370.18 they4370.26 made.4370.57 4371.45 HANDY4371.45 -4371.45 I4371.45 mean,4371.61 I4371.77 think4371.94 it4372.18 was4372.26 more4372.49 like4372.73 $9,000,0004373.06 actually4374.34 was4375.61 the4375.85 construction4376.1 estimate4376.9 because4377.45 they4377.77 based4378.1 their4378.41 architectural4378.98 services4380.1 percentage4381.3 off4381.85 of4382.02 that,4382.18 which4382.34 just4382.8 came4382.96 out4383.12 to4383.28 about4383.52 900,000.4383.84 We4386.88 haven't4387.12 granted4387.52 any4388.48 money4388.72 other4389.76 than4390 the4390.48 money4390.64 for4390.96 the4391.2 architectural4391.44 services.4392.08 4399.97 HAMMETT4399.97 -4399.97 And4399.97 the4400.28 money4400.44 that's4400.76 been4400.93 committed4401.16 to4401.56 projects4401.72 but4402.13 not4402.36 spent4402.76 yet4403.09 is4403.32 not4403.56 included4403.8 in4404.2 that4404.28 $20,000,000.4405.16 Is4405.16 that4405.32 right?4405.56 4408.72 HANDY4408.72 -4408.72 Right.4410.48 Those4410.72 are4410.72 the4410.88 funds4411.04 that4411.44 are4411.6 available,4414 basically,4415.52 the4415.6 other4415.6 funds4415.84 are4416.16 encumbered.4416.48 4423.9 GALLAGHER4423.9 -4423.9 Let's4424.61 hope4425.65 that4425.65 the4425.65 Fed4425.65 raising4425.97 the4426.3 interest4426.45 rate4426.77 doesn't4427.09 affect4427.34 a4427.73 lot4427.81 of4428.05 things4428.22 going4428.61 on?4428.85 4430.22 HANDY4430.22 -4430.22 I4432.69 think4432.93 that4433.57 would4433.81 affect4434.05 1034435.41 Nichols4435.81 a4436.21 little4436.45 more4436.61 than4436.85 the4437.01 other4437.17 projects.4437.49 I4438.09 think4438.69 that's4439.65 my4439.89 sense4440.21 because4440.85 they're4441.41 going4441.65 to4441.97 get4442.05 kind4442.37 of4442.53 a4442.69 conventional4442.77 mortgage4443.49 for4443.97 their4444.69 gap4445.01 between4445.57 CDAC4446.29 and4446.69 CPA4448.66 funding.4449.3 4457.61 MAYO4457.61 -4457.61 Okay.4457.61 Well,4458.49 with4458.66 that,4458.81 we4459.06 get4459.22 to4459.38 go4459.45 on4459.61 to4459.77 member4459.94 updates.4460.34 Does4460.73 anyone4460.98 have4461.38 anything4461.61 they4462.68 would4462.84 like4462.92 to4463.16 share4463.4 at4463.72 this4463.88 time?4464.04 4465.4 GALLAGHER4465.4 -4465.4 Jackie4465.4 Sullivan4465.8 already4466.2 filled4466.6 one4467.32 in4467.56 on4467.8 that4467.96 two4468.12 things.4468.36 4470.96 HANDY4473.56 -4473.56 I4473.56 hopefully4473.64 get4475.32 that4475.56 confirmation4475.8 from4476.36 CDAC4476.68 in4477.96 a4478.12 couple4478.2 of4478.49 months4478.66 so4478.9 that4479.3 project4479.53 can4479.94 stay4480.26 on4480.73 track4480.98 because4481.61 that4484.02 was4484.26 the4484.49 issue4484.66 is,4484.98 you4485.22 know,4485.45 they4485.69 had4485.94 their4486.1 their4487.69 general4487.94 contractor4488.49 gave4489.3 them4489.53 a4489.85 quote4490.02 that4490.41 was4491.06 held4491.7 for4491.94 a4492.02 certain4492.18 period4492.5 of4492.74 time.4492.9 And4493.14 now4493.38 that4493.62 the4493.78 closing4493.94 is4494.42 delayed,4494.5 it4496.1 pushes4496.18 the4496.5 whole4496.66 timeline4496.98 out.4497.54 So,4497.78 we'll4498.18 see.4498.42 4506.44 MAYO4506.44 -4506.44 Alright.4506.44 Make4506.77 a4507.09 motion4507.16 to4507.48 adjourn4507.81 the4508.28 meeting?4508.36 4508.77 DUFF4508.77 -4508.77 I4509.4 move4509.73 that4509.73 we4509.73 adjourn4509.73 the4509.73 meeting.4509.89 4511.89 SALVAS4511.89 -4511.89 I4511.89 second.4512.05 4512.69 HANDY4512.69 -4512.69 Marissa4513.01 Mayo?4531.35 4531.35 MAYO4531.35 -4531.35 Yes.4531.35 4531.35 HANDY4531.35 -4531.35 Bob4531.35 DiRico?4531.35 4531.35 DIRICO4531.35 -4531.35 Yes.4531.35 4536.15 HANDY4536.15 -4536.15 Allison4536.15 Eck?4536.15 4536.15 ECK4536.15 -4536.15 Yes.4536.15 4536.47 HANDY4536.47 -4536.47 Marilyn4536.47 Salvas?4537.02 4537.51 SALVAS4537.51 -4537.51 Yes.4537.51 4538.31 HANDY4538.31 -4538.31 Abigail4538.31 Hammett?4538.78 4539.27 HAMMETT4539.27 -4539.27 Yes.4539.27 4539.74 HANDY4539.74 -4539.74 Dennis4539.74 Duff?4540.15 4540.55 DUFF4540.55 -4540.55 Yes.4540.55 4541.51 HANDY4541.91 -4541.91 Allen4541.91 Gallagher?4541.91 4541.91 GALLAGHER4541.91 -4541.91 Yes.4541.91 4542.15 HANDY4542.15 -4542.15 I4542.15 apologize4542.23 to4542.86 you,4543.14 Amy,4543.62 my4544.02 computer4544.02 died.4544.5 4548.98 MAYO4548.98 -4548.98 Alright.4548.98 Have4549.62 a4549.86 good4549.94 evening.4550.18