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Town of Lexington <br />Community Preservation Plan <br />Overview <br />Introduction <br />In March of 2006, the residents of Lexington voted to adopt the Community Preservation Act <br />(CPA), �Ljlli ll se1,,,a % sw lluam e oau )r�rper1y fax bnJU y Iru n1`y aauufIla;p,,,,yE,ar, I['i1 "07, 1ll'lle saamCllllamjie <br />haaplla1 roIln ag)p�roxIlaria1ely 32.5 ar�nllIloau Gaollam�y, wllaIlcla way arla1cllaeGawa1lla state faaauGBIlrup; iroari 1lIle <br />�Massadll:aA`oftsCon-irla➢0ty�lII'i.'serya1➢or: �.➢"is �'0.Ilnd. 11 Lnfi➢gtoIIIl....�..t7➢ll1➢ll1:aIl➢: ty�Ire.`yerya1:Ilo➢:�➢. <br />CE <br />o22ille,E mla1. ms to <br />I,owaa io�G.eE1aau for,,,11, aa1:Ill,Ilra1aoru of 0 G'A. farmis S� lwe Y'( 7, as nm]1,,reveruue froaui fluE local <br />.. .... .. <br />arrcllIlar:re llaa�y y1eaG.Bn� naucrea�yeGa to wlae,re 11 auow y1anG8�y a1 aru e�y1nrna1eG8 33 1S3 000 avan�ab�e for <br />]I,3 .I I. S;aaaue, rruafC.1111uy�, fiuum.d w. li.owevcr, li.ave mot comuumued fay ruse, a f'aaaac1 oIlu of falllru lIlorne <br />sales aau Ma sadmseus over 1llac 1as1: yeveral..years. Ina1Ilally a1: a 100% auia1clu fill l y �07,1he <br />.... ..... .... .... ... .... <br />mrceaCa�E y wave, drou)E d L, aau E y1;nauia1e d 3„1 % for FY'l f I d y re darc1aoau Ils IlIlll g)art Gaue 10 aru <br />Ilncreaye Ilia 1lae aaaanJber of ,corrin- a idt e y WJ.da wave pJa`ysed flw C�,A, and flwrefore corrj )E 1e wIl1all <br />.. ... . <br />I e..X u tore for lIlanIl1eG8 laaaud,�. (Io G:8a1e firers are 103 coarianarruIl1ae�y wIlfla 0'pA. b haws. Iau lu c 1 <br />� r4f o ar . �,,� "I , ° °' ^a.... 4w--4)�w44 w.41444V-e <br />1. � -, ie 4F-elIle4) <br />(4k-TM+4)k(^, yrs r Yw444a e ;- 4R)1+M 1 a,1> aalaGe 1', W+ 9°� f ars aaIl4:1 <br />an 11 re vs rww ul-j )or1aIlb1 legaylafim before flue State lepa ]1a1ame tl�ua1, <br />y,.w➢ld eiIlsS we a r iar.d lory,,,,7 i1af alllafLlll for LOIl-jrrmaaa1IlEs, 11 Js t)flH w ddIl was ErIl1a1led SB 90 <br />u <br />Ilru lh.e 2002 Q,� flue; <br />2,010 W Is <br />Cotrim Wtity F 4-200(; to RRd <br />o,....a4a-1,4) (C-11,4 <br />The CPA ta1„ul1,e,_requires that at least 10 percent of the CPA funds received in each fiscal year be <br />spent or reserved for each of the CPA's three main purposes: open space, historic resources, and <br />community housing ncicl 1norua; p.v, 0'G' t f mis card be also used for recrea1 on l)roiec1�a_ or for flue <br />p,arrclluasEof lam] devoted to re crE afim.CPA funds that are not expended in one year may be <br />"banked” or carried over to subsequent years wfl]dib e aclu rriaaau c8e �.g:r.;rua1non. <br />fa re 1i aau a a:1 liar a ,pati of%c trap 14WY-+tt W-aa-11-uaartafia=ly llti 1u <br />The remaining 70 percent of CPA funds in each fiscal year Il afe—.-available to <br />be appropriated or banked, according to the Town's discretion 4).f.. fe--�44;3iif <br />g4HT)4, :-. , )e,44rc- , a5 wail --aa a cry °TM '. In addition, subject to certain <br />restrictions, up to five percent of the CPA funds raised annually may be used for administrative <br />activities related to the work of the CPC. <br />