05/04/2009 Annual Town Meeting - Laserfiche WebLink

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in the "Land Bank"program began in 1999. Beginning with the FY '05 budget, the State offered u. an optional program called the Community Preservation Act (CPA) which allows a municipality f E to collect funds through an annual 3% surcharge on property assessments, which then is matched by state funds, thereby substantially increasing the amount of money available. For example, in FY 08, Mashpee collected $892,947 from the 3% CPA assessment; the state matched that with $886,217, bringing the total funds available under this program to $1,779,164 for the year. The program, however, does impose specific, limited categories for which funds can be used. These uses include the acquisition, creation, preservation, rehabilitation and/or restoration of. 1). Open Space; 2). Historic Resources; 3). Recreational Land, and, 4). Affordable Housing. As required by the legislation, Mashpee's participation in the CPA program was approved and adopted by the town's voters at the October 2004 Town Meeting and at the General Election held in November 2004. The creation of the Community Preservation Committee (CPC) was approved by the voters at the May 2005 Town Meeting. Selectman Wayne Taylor currently serves as the chair of the committee. ARTICLE 5. Complete the Restoration of Old Indian Meeting House (Funding Criteria: Restoration of Historic Resources) F` Submitted by: Community Preservation Committee {j I Article 5 seeks the approval and appropriation of $250,000 in Community Preservation Act {I III funds to continue the restoration of the Old Indian Meeting House on Meetinghouse Road. This appropriation will supplement a previous appropriation of$325,000 in Community Preservation Act funds approved at the October 15, 2007 Town Meeting to stabilize the foundation and to renovate/repair the exterior of the Meeting House. The second phase of the Meeting House project will restore and preserve the interior of the I facility using original materials, where possible, to authenticate the building, which is } over 300 I years old, has served as a school, a town meeting hall and a church, and is listed on the National } j Register of Historic Places. The completion of the restoration of the Old Indian Meetinghouse, the oldest Indian Meetinghouse in the United States, is an essential part of the history of the Town of Mashpee and its restoration and preservation will contribute to the unique character of k j Mashpee's. F Approval of this appropriation will not increase the 2009 tax rate. THE FINANCE COMMITTEE APPROVES ARTICLE 5. Vote: 6—0. } ANNUAL TOWN MEETING ARTICLES The second portion of the meeting is called the ANNUAL TOWN MEETING and addresses town business having to do with the upcoming Fiscal Year (2010) which begins on July 1, 2009 and will end on June 30, 2010. ! i There are 19 articles to be considered, the must important of which, of course, is Article 2—the E FY 2010 Municipal Budget, along with related Articles 3 and 4, which request voter approval for 6