02/10/2021 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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4 Community Preservation Committee Minutes February 10, 2021 Recognition of passing of CPC member Richard Halpern: Members of the Community Preservation Committee acknowledged the recent passing of long- standing member Richard Halpern. His leadership and accomplishments on the CPC are incalculable, and he will be greatly missed. Welcome and introduction of new Housing Authority member Kevin Shackett: Kevin Shackett,the newly appointed At-Large member to the CPC was duly recognized. Acceptance of Annual Report: A draft of the Annual Report was presented to the CPC for approval. It was recommended the residents of the Town of Mashpee be acknowledged for their support. Motion made by Mr. Larkin to ratify the submission of the Annual Report of the Community Preservation Committee as amended. Motion seconded by Ms. Barbee. VOTE: Unanimous. 8-0. Roll Call Vote: Mr. Gottlieb, yes Mrs. Thayer,yes Mr. Hyde, yes Mr. Larkin, yes Ms.Waygan, yes Mr. Harsch, yes Ms. Barbee, yes Mr. Shackett, yes Opposed, none Discussion and orientation for new members on the mechanics of the CPC fund and reserves Orientation refresher, and for the new members: CPC member Dawn Thayer gave an update on the CPC as an orientation for the new members and as a refresher course of review. The CPC was created in 2005 replacing the former Land Bank acquisition program for open space. A property tax surcharge of 3%was assessed through fiscal year 2020 along with state matching funds which may be appropriated and expended for certain open space, historic resources and affordable housing purposes. Since the inception of the CPC, recreation has been added as a new reserve category. The 3% surcharge has also been reduced to 2%to allow for the Wastewater Infrastructure Investment Fund. With the reduction of the CPA tax to 2%there is less CPA taxes to commit to the Community Preservation Committee. State matching funds which derive from the recordings of deeds was initially 100%. The percentage has changed over the years to as little as 11%. For a community to receive state fund distributions, a town must file a CP-1 form each year to identify tax commitments, abatements and project funding.