Special Town Meeting – October 5, 2016

Notification

Please be advised that the Maynard Select Board, acting at their August 3, 2016 meeting voted:  “To set the date and time of a Special Town Meeting (STM) as 7 pm on Wednesday, October 5, 2016, and to designate the Fowler School Auditorium at 3 Tiger Drive as the location for this Special Town Meeting.”  This STM is at the request of the Developer for 129 Parker Street Maynard, MA.

STM Warrant will be available at Town Hall on September 15, 2016 and is available on this page.

(This meeting was originally scheduled for Oct 3rd.  It was rescheduled to not conflict with the Rosh Hashanah holiday.)

Additional background information on the meeting’s primary topic can be found on the 129 Parker Street Development Project page.

Warrants & Reports

Finance Committee Recommendation

The Finance Committee recommends approval of Article 1, the 129 Parker Street Concept Plan.  We feel the project will be a step forward for the town, developing a long dormant parcel and bringing new revenue to the town.  The project has been shaped by input from town residents and includes a supermarket, other retail stores,  a senior housing facility, and residential apartments.  A fiscal impact analysis by a town consultant estimates net revenue to the town of $550,000 per year.  The finance committee believes this is a conservative estimate.  In addition, the development agreement provides significant benefits to the town to address traffic and infrastructure concerns. (30-Sep-2016)