11/08/2005 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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i 2 Community Preservation Committee Minutes November 8,2005 NEW BUSINESS: Review of DraftApplication: The subcommittee comprised of members; Paula Peters, Diane l ommelme er, and Gus Frederick net on two occasions to develop a draft application and related criteria for Community Preservation Funding. The application detailed project information that would allow the Committee to solicit proposals under the four topic areas 1 acquisition, creation and preservation of open space; 2 acquisition and preservation of historic resources; acquisition, creation and preservation of lana for recreational use; and creation,preservation and support of community housing. The Committee reviewed the draft application and developed general criteria, and criteria relative to open space, historic preservation, affordable housing and recreation proposals that would assist the Committee with the task of administering CPA.fanding in the Town of 1lashpee. The application is also intended to be clear and concise to assist the applicant in determining project eligibility. Although there are legal limitations on the use of CPA funds, guidelines for project submission encourage an application if there is doubt about a project's eligibility, s that the Committee can determine eligibility. Matching funds to be made available as a result of revenues generated and certified fiscal year 2005 i $851,269.73. As a result of funding constraints cline to debt obligations, and to allow the Committee adequate time to review project proposals, the following timeline was agreed upon; All proposals received by the slate of April 1, 2006 would be considered for funding via the Town Warrant for the October 2006 Town fleeting. All proposals received by the date of November 1, 2006 would be considered for funding via the Town Warrant for the May 2007 Town Meeting. The Committee agreed to amend the draft application for further review at the December meeting.