10/15/2007 Annual Town Meeting - Laserfiche WebLink

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"^ Article 8: Breezy Acres Expansion Project(Criteria: Construction of Affordable Housing) , Submitted by the Mashpee Housing Authority,this request is to construct additional affordable housing f units located at the Breezy Acres complex at 570 Old Barnstable Road. Breezy Acres currently has 6 duplex units of perpetually affordable, family rental units managed by the Mashpee Housing Authority. At the May Town Meeting, a project was approved to construct two additional duplex units of 4 units each. Phase II of the Housing Authority proposal requests Town Meeting approval of an additional $225,000 to construct a second duplex unit of one, 2 bedroom and one, 3 bedroom unit. The two f N` bedroom unit will be handicap accessible. Article 9: Construct Access Road to Town Property. (Criteria: Preservation of Open Space) Submitted by Department of Public Works,this project requests an appropriation of$70,000 to construct �.'., a crushed stone parking area on the 10 acre parcel of land at South Cape Beach acquired for land conservation and recreational purposes. Article 10: Resurface High School Track(Criteria: Renovation of Recreational Facilities) Submitted by the School Committee,this project requests an appropriation of$69,300 to re-surface the 11 year old high school track. While it will be re-constructed to meet high school track standards,it will also be available for public recreational uses, as well as summer youth programs. Article 11: Mashpee Village Re-Capitalization Project. (Criteria: Rehabilitation of Affordable Housing) Submitted by the owners and managers of Mashpee Village,this project requests an appropriation of .,R $90,535,to be used as a local match which will release state and federal Housing Stabilization Funds totaling$750,000 to be used for the rehabilitation of the 145 unit Mashpee Village complex of affordable ' housing. yv Article 12: Transfer of Administrative Services Funds. The CPA legislation provides that 5% of the funds collected can be used for administrative, auditing, legal, engineering, or other associated costs incidental to the administration and oversight of the CPC. This Article requests approval to transfer$20,000 currently held in the FY2008 Community Preservation Budgeted for Appropriation Reserve to the Community Preservation Administrative Purchase of Services Account for such purposes. The adoption of the Community Preservation Act provides municipalities, like Mashpee,the opportunity to fund on a"pay as you go basis"capital projects which would otherwise be deferred, not considered, or require long debt financing to implement.The approval of the 8 Articles described above will neither affect the already approved FY 108 budget,nor will it have an affect on the property tax rate,which will be set in December. Further, no long term debt is required. THE FINANCE COMMITTEE RECOMMENDS TOWN MEETING PROY4 OF ARTICLES ' 5,6,7,8,9, 10, 11,and 12. �,, 4