Laserfiche WebLink
Con r iunity Preservation Con n ittee <br /> Minutes <br /> March 18, 2008 <br /> Potential funding scenar*os of offset the cost were.considered. Of note <br /> was the contribution of$500,000 from the Division ision f Fisheries and <br /> Wildlife and the possibility of attaining a$500,000 Self Help Grant. <br /> However, both grants would require a conservation restriction. It was <br /> disclosed that surplus bond proceeds from completed road projects the <br /> amount o $509,973 under the direction of the Board of Selectmen are <br /> available for land purchases or reducing the debt. After continued <br /> discussion,the CPC Com-nuttee took the following acti n <br /> Motion made by Ms. Buschenfeldt to recommend the purchase of St. <br /> Vincent's Home Corporation property on Route 130 with funding as <br /> identified and contingent upon the acquisition of the Self Help Grant <br /> and Division of Fisheries and wildlife Grant as follows: <br /> St. Vincent's Property Purchase Price: $3,146,800 <br /> Funding: CPA 1.0°lam Open Space Reserve Account: $17+7,267 <br /> Funding: CPA Budgeted DeserveAccount: $322,733 <br /> Total CPA Contribution: $ oo,000 <br /> Funding: Town Surplus Road Funds': 5093 <br /> (Selectmen's vote Required) <br /> Funding: Division of Fisheries and wildlife Grant: $5009000 <br /> (Vote is contingent upon grant acquisition) <br /> Funding: Self Help Grant Funding: $500,000 <br /> (Vote is contingent upon grant acquisition) <br /> Total Funding: 2900 , 73 <br /> Balance to be Funded by a Debt Exclusion: $1,136912+7 <br /> Motion seconded by Ms. Dane. <br /> VOTE: -2. Motion carries <br /> Mr. Taylor,Mr. lip <br /> Halpern in opposition. <br /> i <br /> p <br /> i <br /> If the a isle is approved by the Selectmen on Monday, March 2 , 2008, <br /> the CPC has requested the article be placed on the Special Town Meeting <br /> Warrant. <br />