Sharon Economic Development Committee                                                                                           6 September 2007

In Attendance

Nancy Fyler

nsfyler@comcast.net

Rob Maidman

romarintl3@comcast.net

David Spiegel

dspiegel@gallerygroup.com

Keevin Geller

barneylumber@aol.com

Ben Pinkowitz

benpink@comcast.net

Arnold Wallenstein

awallenstein@ferriterscobo.com

Eli Hauser

Elimhauser@yahoo.com

Seth Ruskin

sruskin@msn.com

 

 

Alan Lurie

Alury@yahoo.com

Jeff Seul

jrseul@verizon.net

 

 

Bill Heitin

Wheitin@mit.edu

Ben Puritz

bpuritz@townofsharon.org

Suzie Peck

peckrsdh@speakeasy.org

 

7:30        Agenda review

Review of meeting notes from 17 July 2007 meetings (Meeting notes reviewed and accepted).

Subcommittee discussion on project approach and findings to date.

Revenue Targets

New Business Creation: $250 - $500k on 15 parcels, 38 acres of undeveloped lands; $2.5M - $3.5M for 20 acres on S. Main.

New Revenue Sources: $200 - $500 in new revenue or offset costs.

Business Development: $500k to $1.5M in new taxes over next 10 years as businesses upgrade their facilities in PO Square.

7:40        Discussion of Status for RFP for Studies

Rob has finalized proposals from Tom Houston, PSC, Inc., and from Rich Benevenco, Land Strategies, LLC.

Suzi is still in process.

7:50        Discussion of 43D Status

MAPC and state representatives presented to the Planning Board on the background and potential of 43D article.

We will most likely have to prepare a “application check list” to be compliant with 43D.

Board of Selectmen will most likely sponsor the article.

Atty Gelerman’s office has now reviewed most of the background for the 43D.

1). The warrant article is ready for review and vote by the Board of Selectmen

2). The parcels list in PO Square have been identified, by owner.

3). A letter is being prepared to be sent out by Ben Puritz to the owners for their information and if they choose, signature.

4). Atty Gelerman’s office is finalizing the review of Sharon’s zoning regulations to assure we are compliant with the needs of 43D.

Discussion ensued on the sequencing and timing of creating a business environment. Concerns raised on time lag between creating the area; and the availability of water treatment systems – e.g. there will most likely be about 3 – 4 years from the start of this study to implementation of the waste treatment plant.

Rob led a discussion about what would make a successful business portfolio for PO Square in Sharon. Rob to request the potential vendors to think about preparing a “near-term” and a “long-term” marketing plan – the near-term plan designed to address current waste water limitations; and the long-term plan to assume creation of a waste water plant.

Alan to start a discussion with Eastern Bank to see if there are any grants to assist in development studies which we might be able to use for funding these studies.

8:25        Review Items on list of Things to do

40R – have Atty Gelerman review PO Square zoning for compliance with 40R (by-right requirement); get DHCD approval.

Septic study

Eco study

Land acquisition for waste water treatment plant

Town buildings development

8:30        Next Meeting: Thursday 29 October 2007, 7.30 pm, Sharon Town Hall

Business study proposal review by team of 2 vendors.

George Bailey – take lead on moving warrant article through to Town meeting in November.

9:35        Adjourn