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The Community Preservation Committee recommends approval of Article 4 by a vote of 7-0 <br /> Explanation: This is a "clean-up" article to meet the requirement of reserving funds from the <br /> supplemental CPA FY 2019 Trust Fund distribution. The amount of FY 2019 CPA state <br /> reimbursement received by the Town of Mashpee was $138,957 higher than the initial estimate. <br /> We are required to set aside 10% of those excess funds and deposit them into each of the CPA <br /> reserves. Funding shall derive from the Community Preservation Budgeted for Appropriation <br /> Reserve. <br /> The Board of Selectmen recommends approval of Article 4 by a vote of 4-0. <br /> The Finance Committee recommends approval of Article 4 by a vote of 6-0. <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 Community Preservation Fund Budgeted for Appropriation <br /> Reserve,the following amounts: <br /> $13,896 10% Open Space/Recreation Purposes <br /> $13,896 10% for Historic Purposes <br /> $13,896 10%for Community Housing Purposes <br /> Motion passes at 7:19 PM. <br /> Article 5 <br /> To see if the Town will vote to re-authorize the appropriation and transfer from the Community <br /> Preservation Fund Budgeted Reserve for Appropriation, in accordance with the provisions of <br /> M.G.L. Chapter 44B, §5, $161,900 for the purpose of extending the time limit of the appropriation <br /> to fund the acquisition of the property located at 9 Quashnet Road, Mashpee, identified on <br /> Assessor's Map 44, Parcel 11 comprised of 4.212 acres, including any necessary costs and <br /> expenses related thereto,as recommended by the Community Preservation Committee,and further <br /> to authorize the Board of Selectmen to acquire the fee interest in said property by gift, purchase, <br /> or eminent domain taking, for open space and passive recreational use purposes, said land to be <br /> held under the jurisdiction and control of the Conservation Commission in accordance with the <br /> provisions of G.L. c. 40, §8C, or take any other action relating thereto. <br /> Submitted by the Community Preservation Committee <br /> Explanation: This article seeks to re-authorize funding that is encumbered from the Community <br /> Preservation Fund to purchase 4.212 acres on a small freshwater pond for open space and passive <br /> recreation purposes and to authorize the Town to acquire title to the subject property by gift, <br /> purchase or eminent domain taking. Town Meeting had previously authorized this appropriation <br /> at the May 4, 2015 Special Town Meeting;however, due to issues beyond the Town's control,the <br /> transfer was not consummated within three years,thus,the appropriation lapsed under the Town's <br /> 3 <br />