Economic Development Council

Minutes:  October 3, 2007; 9:30 am

Judge Welsh Room

 

Present:

Members:  Steve Melamed, Alix Ritchie, Thanassi Kuliopulos, Bonnie Adams-Campbell, Todd Dever

Staff:  Acting Assistant Town Manager/Grant Administrator Michelle Jarusiewicz

 

 

Seashore Point

With Sylvia Foster and David Maloney:

39 of 43 deposits

7 of affordable housing units are in 1st phase; 9 total affordable units [studio and 1 bedroom]

1 bedroom $250,000 - $325,000

2 bedroom $365,000 - $415,000

plus $15,000 for second occupant

entrance fee is 90% refundable if leave; 100% if within first 90 days

 

monthly maintenance fee: $1250 - $1900 per month includes utilities [not phone] and social programs

 

Option 2:          1 Bedroom $10,000

                        2 Bedrooms $15,000

                                    add $3,000 for second occupant

 

Big Train coming – Baby Boomers: aging population with growing needs for services and healthcare

Staffing:  66 employees – some part-time, seasonal, 54 full time equivalent; need 90 – 100, probably 75 FTE, varies with population, most service industry dietary, grounds, etc.

 

Minutes:  9/26/07 approved

 

Public Statements: none

 

Business Summit: meet with Facilitator John Smack at noon today. Summit scheduled for 10/18/07. Thanks to Pearlene for graphics and design.

 

Pier Corp:

Alix- Pier Corp issue of Bill’s –repeating existing business, should this be a BOS issue?

Steve- Pier, the PBG is going to the BOS and then the Town Manager

Alix- As a member of the EDC, very concerned, not welcoming competitive business, as an EDC, reluctant in taking position of non-competitiveness.

Steve- PBG is concerned

Alix- EDC should welcome all economic development

Thanassi- Accept new business

 

 

H2B- non-existing, 33,000 cap; Cape is the last on the list.

Alix- This includes return workers

Steve- Going back to legislature, may fall under another section

 

Acquisition of Fishermen’s Pier/Cook’s Wharf

Alix- Is this a friendly marina? Cost could cover high quality marina, according to Bill,

Bonnie- I have to agree with Bill’s concerns and then the total cost of upgrades and if we change parking, some people will be upset

 

Sterns and Wheeler report sewer

Steve- Sharon asked us for support on the sewer issue; send a letter position of EDC on record. EDC critical differences of our meeting @ the COA and the meeting with the BOS

Pitch for repaving; best interest for the economy, do temporary resurface now for safety. EDC position neither businesses nor residents can wait until 2010.

 

Meeting adjourned at approximately 11:30.