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2017-03-27-CPC-ATM-rpt
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2017-03-27-CPC-ATM-rpt
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Last modified
12/14/2022 4:21:50 PM
Creation date
3/30/2017 9:05:01 AM
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Archives
Year
2017
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Community Preservation Committee
Department
Town Clerk
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Town Meeting Community Preservation Committee Report to 2017 Annual Town Meeting
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Community Preservation Committee <br /> Annual Town Meeting 2017 <br /> Summary of Recommended Community Preservation Act Projects <br /> under Article 10 for Annual Town Meeting <br /> FY 2018 <br /> The Community Preservation Committee (CPC)is recommending 12 projects to the 2017 <br /> Annual Town Meeting for funding under Article 10. Four projects fall within the area of <br /> Historic Preservation, three under Open Space, three under Recreation and two under <br /> Community Housing. <br /> Described on pages 9 through 24, each project was reviewed and evaluated by the CPC in <br /> light of its statutory eligibility and importance to the Town; all 12 received Town Counsel <br /> approval. All FY18 applications were discussed in public CPC meetings and were presented at <br /> the Town Meeting Members Association Information Session on March 9, 2017. The total cost <br /> of the 12 projects which the CPC is recommending to Annual Town Meeting is $4,014,142. <br /> The CPC is also recommending approval of Debt Service and Administrative Expenses to <br /> be paid from the Community Preservation Fund. There are four commitments for debt service, <br /> which include payments for the Wright Farm Acquisition, the Community Center Acquisition, <br /> Community Center Renovations and Cary Memorial Building Upgrades. The approved <br /> Administrative Budget remains constant at $150,000. These Administrative and Debt Service <br /> costs total $2,540,998 and are detailed on pages 25 through 27. <br /> The CPC also sends its thanks and good wishes to long-time members Richard Canale <br /> (Planning Board) and Leo McSweeney (Lexington Housing Authority) and short-time member <br /> Bob Peters (Lexington Housing Authority), all of whom left the CPC in the last year. We are <br /> grateful for their knowledge,perspective and commitment to community preservation in <br /> Lexington. We also send our farewells and gratitude to Rob Addelson, former Assistant Town <br /> Manager for Finance, for his continued patience and advice, keeping the Committee on sound <br /> financial footing since the CPA's inception in Lexington. The CPC, and indeed the Town, has <br /> been well served by all of their contributions. <br /> 1 <br />
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