Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Cpa Seabeds Due Diligence topic
No spam. Unsubscribe anytime.
Needham committee solicits due-diligence questions on CPA Seabeds Way request; sets deadline
Summary
The committee asked members to send due-diligence questions about the CPA application for Seabeds Way to the drafter (Cecilia) for forwarding to the CPC, with a suggested deadline of Tuesday, Feb. 17. The committee emphasized it can submit questions without directing CPC action.
The Town of Needham Finance/Community Housing Oversight Committee asked members at its Feb. 9 meeting to submit due-diligence questions about a CPA application for additional funds for Seabeds Way.
Committee members agreed the group’s role is to provide helpful questions and context to the CPC, not to direct CPC decision-making. The drafter said she would collect questions and forward them to the CPC; committee members agreed a Tuesday, Feb. 17 deadline would give the CPC time to respond before the next meetings.
The committee noted that the housing authority had already presented to the CPC and that the presentation was recorded. Members encouraged colleagues to base any questions on the application materials and the presentation; several members asked that questions be routed through the drafter (Cecilia) so she can consolidate and forward them.
No formal vote was required; the item will continue as a to-do: committee members will submit questions to Cecilia by Feb. 17 and the drafter will forward them to the CPC for consideration.
