A brief filed by the Feoffee’s right before trial and, according to the School Committee, after the judge had already indicated that she was inclined to order a sale and not change the governance.
Attorney General’s Submission on Role
A fascinating document where the Attorney General claims that she is “especially interested in seeing that the principals governing the application of equitable deviation and governance of the trust going forward be fully briefed from the prospective of the indefinite public served by the Attorney General.”
Feel free to let her know whether you feel that happened.
School Committee Rental Analysis
These two documents written by the appraiser for the School Committee were recently obtained through a Freedom of Information Act request. They offer an even more optimistic view of the market rental value than our own expert opinion.
Other – SC – 111122 – Foster Rental Value Analysis
Other – SC – 111122 – Foster Rental Cash Flow Analysis
The cash flow analysis also shows a larger stabilized net income ($1.67M per year) than we predict in our financial analysis, but also assumes year-round rental of units which we do not.
Executive Session Minutes
These are the executive session minutes where the School Committee voted 5-2 not to even talk with the tenants about the settlement agreement they ended up accepting. These minutes also make it clear that the School Committee had seen this email from Pat McNally. They were obtained via a freedom of information act request.
Feoffees Executive Session
A rare glimpse into the underbelly of this process.
Other – Feoffees – 111031 – Executive Session Minutes
“Feoffees will go away after a sale is approved and Feoffees are given a release.”
Draw your own conclusions.
Strong turnout at Feoffees hearing
Salem News article.
Legislature should join Feoffees reform effort
Salem News editorial.
Committee Hearing
On this date we had our hearing before the Joint Committee on Municipalities and Regional Government. Clark Ziegler and Rachel Roesler’s testimony can be found in Clark’s affidavit.