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2016-03-21-CPC-ATM-rpt
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2016-03-21-CPC-ATM-rpt
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Minutes - CPC - Community Preservation Committee
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<br />Community Preservation Committee <br /> <br />Annual Town Meeting 2016 <br /> <br /> <br />Summary of Recommended Community Preservation Act Projects <br />under Article 8 for Annual Town Meeting <br /> <br />FY 2017 <br /> <br /> <br />The Community Preservation Committee (CPC) is recommending 15 projects to the 2016 <br />Annual Town Meeting for funding under Article 8. Four projects fall within the area of Historic <br />Preservation, two under Open Space, seven under Recreation and two under Community <br />Housing. <br /> <br />Described on pages 9 through 27, each project was reviewed and evaluated by the CPC in <br />light of its statutory eligibility and importance to the Town; all 15 received Town Counsel <br />approval. All FY17 applications were discussed in public CPC meetings and were presented at <br />the Town Meeting Members Association Information Session on March 16, 2016. The total cost <br />of the 15 projects which the CPC is recommending to Annual Town Meeting is $1,383,644. <br /> <br />The CPC is also recommending approval of Debt Service and Administrative Expenses to <br />be paid from the Community Preservation Fund (CPF). There are four commitments for debt <br />service, which include payments for the Wright Farm Acquisition, Community Center <br />Acquisition, Cary Memorial Building Upgrades and Community Center Renovations. The <br />approved Administrative Budget remains constant at $150,000. These Debt Service and <br />Administrative costs total $3,439,721 and are detailed on pages 28 through 30. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />1 <br /> <br /> <br />
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