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Community Preservation Committee Annual Town Meeting 2011 Summary of Recommended Community Preservation Act Funding for FY 2012 The Community Preservation Committee (CPC) is recommendingeightprojects to the 2011 Annual Town Meeting for funding. Described on the following pages, each of these projects was evaluated by the CPC in light of the articulated criteria for eligibility and appropriateness under the Community Preservation Act (CPA). The projects have been presented at a public hearing held on December 7, 2010, at a League of Women Voters “First Friday” forum on March 4, 2011, and at a Town Meeting Members Association Information Session on March 16, 2011. The total cost of all projects proposed for FY 2012 is $2,066,663. The CPC also recommends approval of three additional allocations: (1) $974,600 for Busa Farm debt service, (2) $1,300,604 for Cotton Farm debt service, and (3) $150,000 for CPC administrative expenses. Therefore, the total of requested CPA allocations for FY 2012, including both projects and additional allocations is $4,491,867. Through the efforts of the Conservation Department and former CPC Chair Betsey Weiss, the Town will receive $500,000 in State LAND (Local Acquisitions for Natural Diversity) grant funds toward the purchase of the Cotton Farm property. The grant, when received, will partially offset the FY 2012 debt payment of $1,300,604 on this land. Community Preservation Committee By statute, the CPC comprises nine members, of whom three are appointed by the Board of Selectmen as at-large members, and six are appointed by the following boards and committees: Planning Board, Conservation Commission, Historical Commission, Housing Partnership, Housing Authority, and Recreation Committee. Currently, Wendy Manz serves as Chair of the CPC and Marilyn Fenollosa serves as Vice Chair. In the fall of 2010, Betsey Weiss, long- standing advocate for the CPA in Lexington, stepped down as Chair, while remaining on the Committee as a representative of the Housing Partnership. Betsey ably guided the CPC through its first five years, and the Committee is grateful to have her continuing support. The CPC works closely with the Capital Expenditures and Appropriation Committees, as well as with the Finance Department staff, 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. CPC Administrator Nadie Rice currently tracks 35+ ongoing CPC projects, which are set out by year in this Report under Status Reports. 1