Page 16 THE EVERETT ADVOCATE – FRiDAy, AugusT 19 2022 Creditors and Retirement Accounts account. A qualified retirement acM any debtors are worried about a creditor’s ability to satisfy a judgment by attaching his or her retirement count established pursuant to the Employee Retirement Income Security Act (ERISA) promulgated in 1974 are generally protected in full. These employer-sponsored retirement plans would include a 401K) plan, a 403(b) plan, a 457 plan, profit-sharing plan, cash balance plan and other pension plans. It does not matter how much money you have in a qualified plan under ERISA. These accounts are even proLEGAL NOTICE CITY OF EVERETT, MASSACHUSETTS PLANNING BOARD PUBLIC HEARING NOTICE Public Hearing on an application by 530 2nd Street LLC Property located at: 530 & 535 Second Street Site Plan Review, Inclusionary Zoning, and Determination of Material Change In accordance with the provisions of M.G.L Chapter 40A and with Sections 5, 6, 19, and 32 of the Everett Zoning Ordinance, the Everett Planning Board will conduct a public hearing on Wednesday, September 7, 2022 at 6:00PM in the Speaker George Keverian Room (Room 37, Everett City Hall) to consider the above-listed application for Site Plan Review, Special Permit for Inclusionary Zoning, and determination of material change pursuant to M.G.L. Chapter 40A §16. The original proposal, approved by the Planning Board on October 25, 2021, contemplated the construction of two separate, multifamily residential buildings, with Building 1 having a height of 70’ and containing 106 units and Building 2 having a height of 65’ and containing 27 units. The new proposal contemplates an alteration of Building 1 (located at 530 Second Street), removing a story from the building, reducing the height to 60’, reducing the unit count to 84 units, and adding off-street dedicated loading spaces for package delivery and ride-share drop off. Building 2 (located at 535 Second Street) has been approved by both the Planning Board and Zoning Board of Appeals and, therefore, contains no deviations from the original plan. Applicant seeks to amend the Inclusionary Zoning Special Permit to align with the new unit count, proposing that 11 of the units be designated as affordable. 530 Second Street is a parcel of land referenced by Assessor’s Department as K0-07-000001 & K0-07-000002. A copy of the application and plans are on file and available in the Office of the City Clerk and the Department of Planning and Development, both located at City Hall, 484 Broadway, Everett, MA 02149 and can be inspected online anytime at http://www.cityofeverett.com/449/Planning-Board or by request during regular City Hall business hours by contacting The Planning and Development Office at 617-3942334. All persons interested in or wishing to be heard on the applications may attend and participate in person. This project, along with all other projects to be discussed at the meeting, can be found on the posted Agenda at the following link: http:// www.cityofeverett.com/AgendaCenter. comments can be directed in advance of the public hearing to Matt Lattanzi of the Department of Planning & Development at Matt.Lattanzi@ci.everett.ma.us or 617-394-2230. Frederick Cafasso Chairman Everett Planning Board August 19, 26, 2022 Everett Housing Authority, the Awarding Authority, invites sealed bids from Contractors for the 200-3 Screen Door Replacement, #093087, at the Cherry Street Development in Everett, Massachusetts, in accordance with the documents prepared by Winslow Architects Inc. The Project consists of: Removal and replacement of exterior screen doors and entry surrounds at all exterior unit doors throughout the Cherry Street Development. Bidders are asked to hold their bid price for 90 days. The work is estimated to cost $330,000.00. Bids are subject to M.G.L. c.149 §44A-J & to minimum wage rates as required by M.G.L. c.l49 §§26 to 27H inclusive. THIS PROJECT IS BEING ELECTRONICALLY BID AND HARD COPY BIDS WILL NOT BE ACCEPTED. Please review the instructions in the bid documents on how to register as an electronic bidder. The bids are to be prepared and submitted at www.biddocsonline.com. General bidders must be certified by the Division of Capital Asset Management and Maintenance (DCAMM) in the following category of work, General Building Construction, and must submit a current DCAMM Certificate of Eligibility and signed DCAMM Prime/General Contractor Update Statement. General Bids will be received until 12:00 PM on Tuesday, 13 September 2022 and publicly opened online, forthwith. All Bids should be submitted online at www.biddocsonline.com and received no later than the date and time specified above. General bids and sub-bids shall be accompanied by a bid deposit that is not less than five (5%) of the greatest possible bid amount (considering all alternates), and made payable to the Everett Housing Authority. Bid Forms and Contract Documents will be available for pick-up at www.biddocsonline.com (may be viewed electronically and hardcopy requested) or at Nashoba Blue, Inc. at 433 Main Street, Hudson, MA 01749 (978-568-1167). There is a plan deposit of $50.00 per set (maximum of 2 sets) payable to BidDocs ONLINE Inc. Plan deposits may be electronically paid or by check. ~ Legal Notice ~ tected if you were to file for bankruptcy. There are situations where the assets might not be protected. For example, if you committed a crime, some of the assets might be vulnerable in order to reimburse the state that may have prosecuted you. A spouse in the context of a divorce would also have marital rights that would allow that spouse to gain access to a portion of the retirement account. The IRS would also have the ability to reach assets in a qualified plan in order to seek recovery for back income taxes. Traditional IRA’s and Roth IRA’s are not protected by the federal government under ERISA. However, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005 provides federal protection to IRA accounts up to $1,362,800. Monies rolled over from an ERISA qualified retirement plan into a “rollover” IRA account may not be subject to these limits. There are restrictions with respect to IRA contributions within the five-year period prior to filing for bankruptcy that are in excess of 7% of your income. Also, it is important to note that “inherited” IRA’s are not protection assets. If you are not filing for bankruptcy, each state has its own limits as to how much in an IRA account would be protected from creditors. Be sure to consult with an attorney fully versed in creditor protection rights and bankruptcy law if you are unsure as to whether or not your qualified retirement account, IRA or SEP/IRA account is protected. This area of the law can be very confusing. This deposit will be refunded for and/ Questions and up to two sets for general bidders and for one set for sub-bidders upon return of the sets in good condition within thirty (30) days of receipt of general bids. Otherwise the deposit shall be the property of the Awarding Authority. Additional sets may be purchased for $50.00 Bidders requesting Contract Documents to be mailed to them shall include a separate check for $40.00 per set for UPS Ground (or $65.00 per set for UPS overnight), non- refundable, payable to the BidDocs ONLINE Inc., to cover mail handling costs. General bidders must agree to contract with minority and women business enterprises as certified by the Supplier Diversity Office (SDO), formerly known as SOMWBA. The combined participation benchmark reserved for such enterprises shall not be less than 10.4% of the final contract price including accepted alternates. Request for waivers must be sent to DHCD David.McClave@mass. gov) 5 calendar days prior to the General Bid date if the work is estimated to cost less than $500,000 OR 10 calendar days prior to the General Bid date if the work is estimated to cost $500,000 or more – NO WAIVERS WILL BE GRANTED AFTER THE BID DATE. See Contract Documents - Article 3 of the Instructions to Bidders. PRE-BID CONFERENCE / SITE VISIT: Wednesday, 17 August 2022 at 10:00am in front of 26 Cherry Street, Everett, MA. SITE VISIT BY APPOINTMENT: NONE. The Contract Documents may be seen, but not removed at: Nashoba Blue Inc. 433 Main Street, Hudson, MA 01749. 978-568-1167 August 19, 2022
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