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Article 12 <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 Community Preservation Budgeted Reserve for <br /> Appropriation the following amounts: <br /> $14,283 10% for Open Space/Recreation Purposes <br /> $14,283 10% for Historic Purposes <br /> $14,283 10% for Community Housing Purposes <br /> or take any other action relating thereto. <br /> Submitted by the Community Preservation Committee <br /> Explanation: This is a clean-up article to meet the requirement of reserving funds from the <br /> supplemental CPA FY 2015 Trust Fund distribution. After receiving additional CPA funding <br /> from the FY 2015 state budget, a total of$142,833, the annual 10% appropriation is required to <br /> be set aside to the Community Preservation Reserves. Funding shall derive from the Community <br /> Preservation Fund Balance for this purpose. <br /> The Community Preservation Committee voted 6-0 in support of this article. <br /> The Board of Selectmen recommends approval by a vote of 5-0. <br /> The Finance Committee recommends approval by a vote of 6-0, 1 absent. <br /> Motion made by Selectman Michael Richardson. <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 Community Preservation Budgeted Reserve for <br /> Appropriation $14,283 for Open Space/Recreation Purposes, $14,283 for Historic Purposes, and <br /> $14,283 for Community Housing Purposes, all as recommended by the Community Preservation <br /> Committee. <br /> Motion passes unanimously at 7:33 PM. <br /> Special Town Meeting adjourned at 7:33 PM. <br /> 10 <br />