Laserfiche WebLink
Article 17 <br /> To see if the Town will vote to appropriate and transfer from the Community Preservation Fund <br /> Budgeted Reserve Account $40,000 to the Community Preservation Committee Administrative <br /> and Operating Expense Account, or take any action relating thereto. <br /> Submitted by the Community Preservation Committee <br /> Explanation: To provide annual funding for the administrative and operational costs of the <br /> Community Preservation Committee which includes incidental project costs associated to and <br /> incidental to the Community Preservation Committee. Under the CPA Act,up to 5%of the annual <br /> CPA funds may be spent on the operation and administrative costs of the Community Preservation <br /> Committee. Funding supports legal fees, technical reviews, appraisal costs, signage, annual <br /> Community Preservation Coalition dues, administrative wages, office supplies and similar costs <br /> associated with and incidental to the development of a CPA project. It is necessary to re-authorize <br /> the appropriation on an annual basis as administrative and operational funds revert back to the <br /> Community Preservation Budgeted Reserve. <br /> *The Community Preservation Committee voted 5-0 in support of this article. <br /> The Board of Selectmen recommends approval by a vote of 5-0. <br /> Finance Committee recommends approval by a vote of 5-0, 2 absent. <br /> Motion made by Selectman Michael Richardson. <br /> Motion: I move the Town vote to appropriate and transfer $40,000 from the Community <br /> Preservation Budgeted for Appropriation Reserve to the Community Preservation Committee <br /> Administrative and Operating Expense Accounts. <br /> Motion passes unanimously at 8:07 PM. <br /> 18 <br />