2021-10-28-CPC-min - Laserfiche WebLink

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Journal from 1874-1909 for a second time because the project was unable to be included in the 2020 Annual Town Meeting (ATM) appropriation due to budgetary limits. Ms. Fenollosa informed the Committee that the Historical Commission voted to find the documents to be "Historic Resources". Mr. Horton inquired about access to the documents. Ms. Yates explained that the electronic copies are available on the Town's public records portal and the originals are stored in the Cary Memorial Building basement. The Committee voted by a roll call vote in a straw poll to support the project (9-0). Ms. de Alderete and Ms. Yates left the meeting at 4:58 PM. Review CPC Report to STM-2021-1-The Committee discussed the draft submission of the CPC Report to STM 2021-1. After a motion duly made and seconded, the CPC Report to STM 2021-1 was approved as presented (9-0). Review of CPA bucket distribution- Ms. Fenollosa briefly reviewed the CPA statute requirement of a 10% surcharge distribution into Community Housing, Historic Resources and Open Space buckets. The remaining 70% is currently being distributed into the unbudgeted reserve. Mr. Pressman stated that Rob Adelson, the previous Assistant Town Manager for Finance created a hypothetical fourth bucket for Recreation but does not recall if it was ever put in a document. Whatever the bucket amount is, it is not going to preclude Mr. Pressman from voting a substantial amount. Mr. Pressman stated that he thinks there needs to be a level playing field. Ms. Kosnoff stated that Mr. Pressman's suggestion is a Committee decision and from an accounting prospective a fourth bucket is not going to be created within the Town's accounting system. The remaining 70% is available for all purposes and if the Committee tries to spend the same amount per bucket evenly it may create a surplus of banked funds. Ms. Kosnoff advised that Town meeting and the community may respond negatively to banked funds. Mr. Pato questioned the value that a fourth bucket would generate for the Committee. Mr. Hornig explained that it has not been the goal of the Committee to allocate how much money should go into each bucket and that a hypothetical number with no legal significance would not be helpful. Mr. Pressman stated that his point is greater than the Committee because the Town has a tremendous problem in terms of affordable housing. Ms. Rhodes stated that as the Recreation representative she wished to remind the Committee that the goal is to maintain and preserve Town recreational assets and that Recreation is bidding on available CPA money and encourages everyone to do the same. 2021 Needs Assessment Report-The Committee discussed the yearly Needs Assessment Report and agreed to hold a public hearing on 12-16-21. Mr. Pressman suggested multiple advertising outlets in addition to the required legal notice. 3