4/17/2008 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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3 Cow u ty Preservation Committee Minutes April 17, 2008 Stuart Suinor—Coni iuniiy Preservation Coalition: (continued) Mr. Saginor gave a power point presentation.on the discussion that would be distributed to all CPC members at the next meeting. Discussion followed regarding the upco ing state matching distribution. It is estimated that,Mashpee would receive a match of approximately 70% of the excise on real property currently levied. By the year 2010, it is projected the match would be substantially less, an estimated 35-38%. It was noted the Town Clerk recently submitted an application to the CPC for CPA funding consideration for the preservation of vital records. Mr. Sagi.nor indicated that it is a necessary prerequisite for the Town Clerk to meet before the Historical Conunission so the project may be declared historic for CPA poses prior to the CPC's approval of the application. OLD BUSINESS: St.Vincent's Property: In other business,the Town Manager was before the CPC announcing that due to a technicality with the printing of the warrant, it may be too late to change the intent of the St. Vincent's article. The article as it is presently printed would authorize the acquisition of the open space land using CPC funding, land&water conservation fimd s, self help fids and a. $2,14 , 0 debt exclusion. Grant funding would impose a conservation restriction on the subject property. Self Help grant funding in the amount o $500,000 if attained would be reimbursed to the Town after the purchase. Therefore,the article as presently written is flawed. The correct amount for the debt exclusion is $2,,646,800. Articles cannot be increased on Town Meeting floor. It was noted the ballot question was amended to reflect the correct amount,but the correct figure of the debt exclusion was not contained in the warrant before it was duly advertised. As a result,the article may be indefinitely postponed at the May Town Meeting. if it is agreeable with the St. Vincent's Corporation,the article would be deferred to the October Town Meeting. with adequate time, an alternative approach for use of the property without conservation resections would be considered. .