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The Community Preservation Act permits the funding of projects for the preservation and <br />rehabilitation of a town's historic assets — including improvements that make them <br />functional for their intended use — whether the buildings in question are owned by <br />government, private non - profit organizations, or privately. The Act recognizes that in <br />many cases, a town's historic assets are not owned publicly and gives a town the latitude <br />to preserve such assets regardless of ownership status. The elevator is key to making the <br />Depot a multi - purpose facility —for example, permitting the display of exhibits on town <br />history that can be stored when a community group wants to have a function in the <br />building. <br />2. Public - private partnerships for the preservation of historic structures are common and <br />mutually beneficial. Buckman Tavern is an example, where the Town owns the building <br />but has leased it to the LHS on a long -term basis for the LHS to protect and maintain. <br />The Depot Building required significant exterior and interior restoration after the Society <br />purchased the building in 1999. To date, all funding for this $2.3 million project — <br />including the purchase cost of the building — has been raised privately. One of the CPC's <br />criteria is to have an organization raise or match funds -- which the Society has more than <br />completed. <br />4. Events at the Depot bring people into the Center, which is good for restaurants and other <br />Center businesses which need the foot traffic. <br />Lastly, this grant is a small amount in comparison to what the Town receives in return <br />from the Society from programming, a meeting facility, and restoration of the historic <br />railroad station. The Society paid for the brick walkway that connects the municipal <br />parking lot with Depot Square, and permits the town to use and collect revenue from the <br />parking spaces on Society -owned land to the east of the Depot building. <br />The third CPC project is the request for funding the installation of moveable shelving for the <br />Cary Memorial Building vault, Warrant Article 4 (ii)(c). The shelving is the second and final <br />piece of the Town's vault restoration project, for which climate control efforts were authorized at <br />the March 2006 Town Meeting. The vault is the largest repository of the Town's historic <br />documents. Town Clerk Donna Hooper has noted that "the Town Clerk has statutory <br />responsibility for municipal records and.... there are valuable records which are at risk and <br />already deteriorating because of inadequate or inappropriate storage, methods, materials or <br />climate conditions in the vault ". After completion of this project, some important Town archives <br />housed off -site will be returned to the Town Hall complex. The moveable shelving will provide <br />maximum use of space and provide increased storage capacity for official town documents. In <br />the long term, the Town would like to have an archival center outside the vault to regulate access <br />to the documents. <br />At the end of the October 5th public hearing, the CPC voted unanimously to support all three <br />Warrant Article projects. <br />The CPC is in the process of reviewing 16 projects for spring Town Meeting and will hold a <br />public hearing on December 1e at 7:00 p.m. in Cary Hall to receive public comments. <br />November 28, 2006 <br />