HomeMy WebLinkAbout2015-03-04-CPC-min
Minutes of the Community Preservation Committee
Wednesday, March 4, 2015
Parker Room, Town Office Building
1625 Massachusetts Avenue
3:00 pm
Committee Members Present:
Marilyn Fenollosa, Chair; Richard Canale, Norman Cohen,
David Horton, Jeanne Krieger, Leo McSweeney, Bob Pressman, and Richard Wolk, Vice-Chair.
Committee Members Absent:
Sandy Shaw
Also in attendance was David Kanter, Vice-Chair of the Capital Expenditures Committee.
The meeting was called to order at 3:09 pm by Ms. Fenollosa.
1.Reports to Town Meeting and Special Town Meeting –
Ms. Fenollosa reported on
comments received on the Community Preservation Committee Report to 2015 Annual
Town Meeting that had been distributed to all Committee members. She also noted that
after conversations with the Town Manager, he recommended that the Wright Farm
purchase not be funded using historic resource funds, but rather limited to open space and
affordable housing funds. If deemed a historic resource, three restrictions would be
required: a conservation restriction, a historic restriction and an affordable housing
restriction. The CPC members suggested the conservation restriction include language
for protection from demolishing the barn. Mr. Wolk reported that the roof of the barn is
relatively new. Mr. Pressman recommended leaving flexibility if all assets were not
being used on the property in four years. Mr. Wolk commented that over time, new
members may try to convert the conservation land back to open space. Ms. Fenollosa
asked opinions of other members of the CPC. Open space and affordable housing
language will be included in the Town Meeting report.
Motion made by Mr. Wolk and seconded by Ms. Krieger to accept the language currently
in the Town Meeting report for the category for the acquisition and use of Wright Farm
property to be affordable housing and open space, 7-1 in favor. Mr. Pressman voted in
opposition.
2. Vote on Article 30, Amend FY 2015 Operating, Enterprise and CPA Budgets –
Ms.
Fenollosa reported that an additional $1,000,960 needs to be taken from the FY15 CPA
budget under Article 30 at Annual Town Meeting to repay $1,000,000 principal and $960
in interest on the Bond Anticipation Note that was issued for the Cary Memorial Building
upgrades last year. The BAN was converted to a 10 year bond in February, less $1
million that was reissued as a short term note coming due in June. This note will be
repaid at that time with FY15 CPA funds.
Motion made by Ms. Krieger and seconded by Mr. Wolk to amend the FY15 budget to
allow $1,000,960 to be taken out to pay down the note and interest, 8-0 in favor.
Ms. Krieger note that the Parker's Revenge Project might also need FY15 funds, since the
project sponsors will need the funds prior to the start of FY16 in July. Mr. Kanter stated
that this topic could be discussed and voted on under Special Town Meeting # 2, Article
5 or under Article 30 at Annual Town Meeting. Mr. Cohen and Ms. Fenollosa will speak
with Mr. Addelson. The CPC will follow the recommendations from Mr. Addelson.
The CPC then voted to accept the Report to Special and Annual Town Meeting, subject
to non-substantive changes made at the chair's discretion, and specifically allowing the
Parker’s Revenge Project to be funded separately in an article under town meeting or
special town meeting, 8-0 in favor.
3.Other matters:
(a)Project Updates and Member Concerns –
Mr. Kanter reported that the CEC
voted and all projects are recommended for approval except Battle Green
Streetscape Improvements, Grain Mill Alley Design Funds, and Minuteman
Bikeway Wayfinding Signs.
Ms. Fenollosa stated that the Cary Memorial Building Sidewalk project
description may be revised in the Town Meeting report.
Approval of meeting minutes from February 19, 2015
(b)
Motion made by Mr. Wolk and seconded by Mr. Canale to approve the minutes
from February 19, 2015, 7-0-1 in favor. Mr. Horton abstained and was not
present at the previous meeting.
Upcoming Meetings
(c)
Ms. Fenollosa stated that another meeting is not necessary before Town Meeting.
Ms. Fenollosa will present the CPA projects to the TMMA information session on
Thursday, March 12. She will also meet with the Town Meeting Moderator on
Wednesday, March 11 to determine when the CPA articles will be brought to
,
Town Meeting. She will suggest the CPA articles be taken up on April 12015, as
thth
Mr. Cohen will not be present on April 6 or April 8.
The following documents were presented at the meeting:
1.FY15 CPA Project Costs and Summary. Presented by Marilyn Fenollosa.
Motion made by Mr. Wolk and seconded by Mr. Canale to adjourn the meeting at 3:47 p.m.