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Community Preservation Committee Annual Town Meeting 2019 Summary of Recommended Community Preservation Act Projects under Article 14 for Annual Town Meeting FY 2020 The Community Preservation Committee (CPC)received 14 projects for review for FY20 funding, and is recommending 10 projects to the 2019 Annual Town Meeting for funding under Article 14. Under Article 14, three projects fall within the area of Historic Resources, one under Open Space, five under Recreational Resources and one under Community Housing. Of the four not recommended, one was withdrawn, one was deemed ineligible for CPA funding by Town Counsel, one was indefinitely postponed, and one was not supported by the CPC. Described on pages 9 through 22, each project was reviewed and evaluated by the CPC in light of its statutory eligibility and importance to the Town; all 10 received Town Counsel approval. All FY20 applications were discussed in public CPC meetings and were presented at the Town Meeting Members Association Information Session on March 13, 2019. The total cost of the 10 projects which the CPC is recommending to Annual Town Meeting is $2,283,367. The $2,283,367 will be funded by available balances in the Community Preservation Fund. (Please see page 49 for details.) The CPC is also recommending approval of Debt Service and Administrative Expenses to be paid from the Community Preservation Fund. There are four commitments for debt service, which include payments for the Wright Farm Acquisition, the Community Center Acquisition, Cary Memorial Building Upgrades (continuing debt service payments), and the Center Track and Field Reconstruction (initial full debt service payment). The approved Administrative Budget,permitted by the Community Preservation Act, remains constant at $150,000. (Please see page 25 for details.) These Debt Service and Administrative Expenses (Administrative and Debt Service) total $3,244,680 and are detailed on pages 23 through 25. 2018-19 was the final CPC year for Sandra Shaw, who joined the CPC in 2006 as a founding member representing the Recreation Committee. Sandy was a passionate advocate for Lexington's parks and playgrounds throughout her 12-year tenure on the Committee. The Committee is grateful for her commitment to recreation in Lexington and her advocacy on behalf of its many resources, but especially, her collegiality and good will. We will miss her. Sandy has been ably replaced by Lisah Rhodes, and we welcome her to the CPC. 1