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Motion: I move the Town vote to appropriate and transfer from unexpended amounts <br /> previously borrowed by the Town pursuant to the vote under Article 4 of the May 7, 2012 <br /> Annual Town Meeting but which are no longer needed to complete the project for which they <br /> were borrowed, the sum of $237.77 to pay costs associated with the purchase of a new Fire <br /> Pumper Rescue truck. <br /> Motion passes unanimously at 7:35 PM. <br /> Article 4 <br /> To see if the Town will vote to appropriate and transfer pursuant to the provisions of M.G.L. <br /> Chapter 44B, §6 to reserve from the FY2019 estimated Community Preservation revenues, the <br /> following amounts: <br /> $149,722 10% for Open Space/Recreational Purposes <br /> $149,722 10% for Historic Preservation Purposes <br /> $149,722 10% for Affordable Housing Purposes <br /> $ 40,000 for FY 2019 Community preservation operating expenses <br /> $1,008,051 to the FY2019 Community Preservation Fund Budget for Appropriation <br /> Reserve as recommended by the Community Preservation Committee, <br /> or take any other action relating thereto. <br /> Submitted by the Community Preservation Committee <br /> Explanation: This article is required annually to set aside the 10% Reserves of the estimated <br /> Community Preservation Funds for Open Space/Recreation Purposes, Historic Preservation <br /> Purposes and Affordable Housing Purposes and to fund the Budget for Appropriation Reserve. <br /> The Community Preservation Committee voted to approve the article to set aside the 10% <br /> Reserves and Budget for Appropriation Reserve to be available for use in fiscal year 2019 as <br /> certified by the Town Finance Director and reflected in the FY2019 CP-1. <br /> The Board of Selectmen recommends Town Meeting approval by a vote of 4-0. <br /> The Finance Committee recommends Town Meeting approval by a vote of 5-1- <br /> 1(abstention). <br /> Motion made by Selectman John Cotton. <br /> Motion: I move the Town vote to appropriate and transfer pursuant to the provisions of M.G.L. <br /> Chapter 44B, §6 to reserve from the FY2019 estimated Community Preservation revenues, the <br /> following amounts: <br /> $ 149,722 10% for Open Space/Recreational Purposes <br /> $ 149,722 10% for Historic Preservation Purposes <br /> $ 149,722 10% for Affordable Housing Purposes <br /> $ 40,000 for FY 2019 Community preservation operating expenses <br /> 3 <br />