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Article 23 FAQS (Lincoln School Apartments)
Article 23 FAQS (Lincoln School Apartments)
FAQs
1. What are the Lincoln School Apartments?
2. What is Warrant Article 23 asking Town Meeting to do?
3. Why is there a need for more funding for renovations?
4. Why is the Town considering selling or leasing the property?
5. Why is the Town considering expansion?
6. Why this location rather than building elsewhere?
7. Are there other benefits to the Town of approving the Warrant Article?
Has the Town benefited financially from ownership?
9. Opponents say the property generates $685K in cash flow for the Town and will generate more in the future – is that accurate?
10. What is the expected sale price?
11. How many apartments might be added?
12. Why is Town Meeting being asked to delegate authority to the Select Board before proposals have been solicited in an RFP process?
13. Will there be any further review of a transaction by Town Meeting after this vote?
14. If the Warrant Article is approved, what occurs during an RFP process?
15. Which Town permitting board would oversee any renovations and expansion?
16. Will current residents be able to afford to continue to live at LSA?
17. If the Town sells, how can we be confident that LSA will remain affordable, well-managed, and well-maintained?
18. Could a future owner expand the Lincoln Apartments building beyond the proposed deed restriction?
19. How would disruption for residents be minimized during the construction process?
20. How long would the whole process take?
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