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2017-03-27-CPC-ATM-rpt
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2017-03-27-CPC-ATM-rpt
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Minutes - CPC - Community Preservation Committee
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members in 2016: Charles Hornig (Planning Board Appointee) and Melinda Walker (Housing <br />Authority Appointee). <br /> <br />The CPC is responsible for reviewing applications for funding under the CPA and <br />recommending to Town Meeting expenditures of CPA funds on those projects it supports each <br />year. Committee decisions are made within the framework of a CPC planning document, Town <br />of Lexington Community Preservation Plan: A Needs Assessment, which is updated annually <br />after the Committee receives comments at a public hearing. This document can be found on the <br />CPC website at the reference below. The CPC works closely with the Finance Department staff <br />and the Capital Expenditures Committee and Appropriation Committee in tracking CPA fund <br />balances and expenditures, projecting available funding for future years, and planning fund <br />allocations for each of the areas eligible for CPA funding: community housing, historic <br />resources, open space and recreation. The CPC Administrative Assistant currently tracks over <br />50 ongoing CPC projects, for which updates are given in this report after the FY18 Project <br />Descriptions. <br /> <br />recommended and Town Meeting has approved a total of $61,524,822 for CPA projects <br />(exclusive of administrative expenses). These funds have supported 52 historic <br />preservation projects, preserved 87 acres of open space, created or preserved 34 <br />recreational facilities, and created or supported 355 units of affordable housing. Of this <br />$13,507,639 or 22% project costs (exclusive of <br />total, <br />Administrative expenses) have been received from the State as matching funds. <br /> <br /> <br />For further information about the CPC, please <br />website, http://www.lexingtonma.gov/community-preservation-committee. <br /> <br />4 <br /> <br /> <br />
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