05/02/2011 Annual Town Meeting - Laserfiche WebLink

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The Finance Committee recommends approval by a vote of 5-0. Motion made by Selectman Theresa Cook. Motion: I move the Town vote to re-authorize the Council on Aging Revolving Fund, through the Town Accountant, in accordance with the Massachusetts General Laws, Chapter 44, Section 53E 1/2 to be expended under the direction of the Council on Aging, in order to place anticipated revenues collected from program income which shall be used to further the operation of programs under the Council on Aging, and to establish the limit on expenditures from said account for Fiscal Year 2012 at $15,000. Motion passes unanimously at 8:59 PM. Article 10 To see if the Town will vote to appropriate and transfer from the Community Preservation Fund Budgeted Reserve Account $45,000 to the Community Preservation Committee Administrative and operating Expenses Account, or take any action relating thereto. Submitted by the Community Preservation Committee Explanation: To provide funding for operation and administrative costs of the Community Preservation Committee which includes incidental project costs associated to and incidental to the Community Preservation Committee. Under the CPA Act, up to 5% of the annual CPA funds may be spent on the operation and administrative costs of the Community Preservation Committee. Costs include annual Community Preservation Coalition dues, administrative wages, legal fees, technical reviews, office supplies and similar costs associated with and incidental to the development of a CPA project. ' This article is annually placed on the May warrant to re-authorize Administrative Funding to support the Community Preservation Administrative and operating Expense Account. The Board of Selectmen recommends approval by a vote of 5-0. The Finance Committee recommends approval by a vote of 5-0. Motion made by Selectman John Cahalane. Motion: I move the Town vote to appropriate and transfer $45,000 from the Community Preservation Budgeted for Appropriation Reserve to the Community Preservation Act Committee Administrative and operating expenses account. Motion passes unanimously at 9:oo PM.