2018-03-26-CPC-ATM-rpt - Laserfiche WebLink

Browse Search

committees: Planning Board, Conservation Commission, Historical Commission, Housing Partnership, Housing Authority, and Recreation Committee. Marilyn Fenollosa, the representative from the Historical Commission, currently serves as Chair, with Richard Wolk from the Conservation Commission serving as Vice-Chair. The CPC is responsible for reviewing applications for funding under the CPA and recommending to Town Meeting expenditures of CPA funds on those projects it supports each year. Committee decisions are made within the framework of a CPC planning document, Town of Lexington Community Preservation Plan:A Needs Assessment, which is updated annually after the Committee receives comments at a public hearing. This document can be found on the CPC website at the reference below. The CPC works closely with the Finance Department staff and the Capital Expenditures Committee and Appropriation Committee in tracking CPA fund balances and expenditures, projecting available funding for future years, and planning fund allocations for each of the areas eligible for CPA funding: community housing, historic resources, open space and recreation. The CPC Administrative Assistant currently tracks over 40 ongoing CPC projects, for which updates are given in this report after the FYI Project Descriptions. Since Lexington's adoption of the Community Preservation Act in 2006, the CPC has recommended and Town Meeting has approved a total of$66,153,115 for CPA projects (exclusive of administrative expenses). These funds have supported 55 historic preservation projects,preserved 87 acres of open space, created or preserved 37 recreational facilities, and created or supported 371 units of affordable housing. Of this total, nearly$14.3 million or 21% of the Town's total project costs (exclusive of Administrative expenses) has been received from the State as matching funds. For further information about the CPC, visit the CPC's page of the Town's website, http://www.lexingtonma.gov/community-preservation-committee. 4