3/11/2008 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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3 Corn nurdty Preservation Con nlitte Minutes March 11, 2008 OLD BUSINESS: Review of Motions for Special &Annual Town Meeting warrant: Members of the CIC Committee reviewed the draft articles on the May . 2008 Special and Annual Town Meeting warrant. The Special Town Meeting warrant contains an article to fund the relocation of the One Room Schoolhouse. Funding would derive from the 10%budgeted reserve. An article required for the appropriation of funds to cover administrative expenses, operating expenses and legal support'n the amount of$25,000 i reflected on the May Annual Town l eetmng warrant. As directed by the Board of Selctreo, the CPC Committee reviewed the Annual Town Meeting warrant article relative to the purchase of St. Vincent's property located on Main Street, route 130, Mashpee. It was noted that a funding application was submitted to the CPC in March of 2006 from Saint Vincent's Horne Corporation proposing a CPA purchase for the purpose of preserving open space at the May 2007 Town Meeting. Due to funding constraints,the 78.67 acre parcel of undeveloped lafid was deferred for CPA appropriation. The purchase price is $3,146,800,an estimated cost of$40,000 per acre. In FY07, the assessment of the property was $5,807,300. The property has frontage on the Pickerel Cove section of waleby Fond and would provide potential community access to wakeby Fond. Most of . the site is an upland oak forest typical of Cape Cod. The property if preserved for open space would also protect important wildlife habitat. It was noted the Division of Fisheries and wildlife has expressed an interest in the property and has offered to contribute $500,000 towards the purchase. However, it is the Committees understanding the DFw contribution would impose a conservation restriction on the property. It was agreed the Town Manager would be consulted regarding the conditions of the CR. Questions asked include; would the CR allow passive or active recreation, and can the CR encompass a portion of the- property for wildlife protection and allow for future use options such as future recreation and affordable housing.?