BOARD OF DIRECTORS MEETING MINUTES MAY 20, 2026
I. Organizational Matters
1. L. Daily called the meeting to order at 4:16 p.m.
2. Attendance: L. Daily, (Chair), A. Church, D. Walker-Duncan, A. Schrijver, J. Werner. Others Present: J. Welles (Executive Director), E. Talbott (Project Director), D. Leonor (Admin. Manager), J. Sidd (Legal Counsel, Hancock Estabrook, LLP) Absent: A. Niles, C. Carter
3. Review & Approval of April 2026 Minutes: A. Church made motion to approve April 2026 Minutes. J. Werner seconded the motion. All members approved with hand raises, none opposed.
4. Review of April 2026 Financial Reports: The Board reviewed the April 2026 Financial Report. It was noted that the checking account balance has decreased, but there are still funds remaining. Funding is still available from Phase 1 operations and Phase 2 capital. Monthly expenses were consistent with previous months. Applications for existing awards have been submitted. The state budget has not yet been finalized but the Land Bank remains hopeful that funding will be renewed. A. Church made motion to approve April 2026 Financial Reports. J. Werner seconded the motion. All members approved with hand raises, none opposed
II. Property Related Matters
1. Legacy City Access Program
A) Round II: 140 Chambers, 128 Dubois, 11 S. Miller, 238 First: Documents have been submitted to the Zoning Board of Appeals for three of the properties: 140 Chambers, 128 Dubois, and 11 S. Miller. The matter is scheduled to be on the Zoning Board of Appeals agenda on May 26, 2026, at 7 PM.
B) Construction/Predevelopment update: No construction or activity is occurring at these properties currently.
2. Restore NY project: 72-76-78 Lander update
A) Structural stabilization update: 72 and 78 Lander are at their final stages of stabilization work. A walkthrough of 76 Lander was recently conducted with Carlos Arturo Contracting, Inc. to discuss the next steps. Due to limited remaining funding and additional costs at 72 and 76 Lander, work at 76 Lander will not be as extensive as planned until additional funding is awarded.
B) Site Plan Review: The goal is to submit updated site plans in time to get on the agenda for the next Planning Board meeting scheduled for June 16, pending receipt of topographic surveys.
1) Purchaser updates
a. 34 Lander – Minimal work has been completed at the property. The homeowner was notified by email that a reverter action will be initiated soon due to a lack of progress. No response was received, however, a new roof was installed on the building. A stop-work order was issued by the Building Inspector after work was conducted on a weekend without the required permit.
b. 38 Lander – Progress has stalled after losing their original investors. The homeowner has indicated they are now seeking help from The Community Preservation Corporation. No further updates from the homeowner since the last discussion.
c. 146 South - Reverter action proceedings remain ongoing with the court, A Verified Reply to Counterclaims was prepared by our attorney to be notarized and submitted to the court. The matter is expected to continue through further legal proceedings.
d. 104 Washington –The purchaser is awaiting state funding to continue work on the property and reconfiguring plans to basement level based on high water table. In the meantime, the purchaser has agreed to improve property maintenance as requested by the Board of Directors.
2) Property Acquisition:
a. 88 Gidney and 236 Powell – J. Welles met with the President of Mount St. Mary College to discuss the acquisition of 88 Gidney and 236 Powell. A formal offer was submitted at the price previously discussed and was accepted by the college’s executive committee. The offer is pending approval by the college’s Board of Directors.
III. Next Meeting: June 17, 2026 at 4pm