Canton, Massachusetts · Saved source text
FINCOM 02-19-2015
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Town of Canton Finance Committee Minutes Voted on: 3/3/15 Meeting Minutes Vote: 7 -0 -2 Thursday, February 19, 2015 Members Present: Rob Barker, Sepp Bergschneider, Jim Casamento, Jerry Dorfman, Nichola Gallagher, Stephanie Leach, Tim McKenna and Mark Porter. Members Absent: Dianne Gustafson, Barbara Saint Andre, Jim Sims and Diane Wolff. Guests Present: Jeremy Comeau, Chairman, Planning Board John Connery, Connery Associates Richard Mann, Esq., Law Office of Richard Mann Howard Neff, Senior V.P. & Chief Investment Officer, Boston Mutual Life Insurance Company Bernie Plante, Melton Associates, LLC Paul Schneiders, Esq. Jim Murgia, Finance Director Ellen Jones, Finance Committee Secretary Opening: A meeting of the Canton Finance Committee was called to order at 7:00 p.m. on Thursday, February 19, 2015 in the Salah Meeting Room of Town Hall. A. Approval of Agenda Chairman Porter reviewed the items on the agenda. B. Announcements Chairman Porter announced that the Revenue Forecasting Committee would be meeting on Friday, February 20, 2015 at 9:00 a.m. C. New Business Attorney Paul Schneiders presented detailed information (see meeting handouts) with regard to Town Meeting warrant articles for which he is representing the article sponsors. Article 25 — Amend Hotel Overlay District (HOD) Zoning By -Law Article 26 — Amend Zoning Map — Placing Limited Industrial within HOD /Royal) Street Article 29 — Amend Zoning By -Law — Allow Restaurants in HOD Mr. Schneiders stated that there was a contradiction in the current HOD By -Law (passed by Town Meeting approximately 10 years ago). The current HOD By -Law specifically allows a hotel at only one location on 50 Royall Street (currently the Homewood Suites). Mr. Schneiders represents Boston Mutual Life Insurance Company who would like to locate a hotel containing a restaurant, a boardroom and conference rooms next to its building at 120 Royall Street, The Canton Association of Businesses and Industries supported the HOD By -Law change 11 -0 and the Planning Board supported this change 4 -0. Mr. Howard Neff of Boston Mutual Life Insurance Company presented information about the proposed hotel. After conducting a needs -based study as well as a traffic study Boston Mutual decided that a hotel would be better suited for the site rather than an office building. Mr. Neff presented information with regard to potential real estate taxes, hotel taxes and meals taxes for the hotel with a restaurant. The proposed hotel has the potential of bringing in $590,000 in tax revenue. In a separate warrant article the Board of Selectmen would be asking Town Meeting to approve a home rule petition, thereby requesting Representative Galvin to petition the state legislature for additional liquor licenses for the Town of Canton. FINCOM 02192015 MINUTES.doc Page I of 02/28/2015