10/21/2019 BOARD OF SELECTMEN Agenda Packet

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The Board of Selectmen recommends approval of Article 12 by a vote of 4-0 The Finance Committee recommends approval of Article 12 by a vote of 5-0 MOTION TO BE MADE BY SELECTMAN COTTON: I move the Town vote to approve Article 12 as printed in the warrant with the exception of the phrase, "or take any other action relating thereto." Article 13 To see if the Town will vote to appropriate and transfer pursuant to the provisions of M.G.L. Chapter 44B, §6 to Reserve from the FY 2020 estimated Community Preservation revenues, the following amounts: $1541794 10%for Open Space/Recreational Purposes $1541794 10%for Historic Preservation Purposes $1541794 10%for Affordable Housing Purposes $110431551 to the FY 2020 Community Preservation Fund Budget for Appropriation Reserve as recommended by the Community Preservation Committee, or take any other acting relating thereto. Submitted by the Community Preservation Committee Explanation: This article is required annually to set aside the 10%Reserves of the estimated Community Preservation Funds for Open Space/Recreation Purposes, Historic Preservation Purposes and Affordable Housing Purposes and to fund the Budget for Appropriation Reserve. The Community Preservation Committee voted to approve this article to set aside the 10% Reserves and Budget for Appropriation Reserve to be available for use in fiscal year 2020 as certified by the Finance Director and reflected in the FY 2020 CP-1. The vote of the Community Preservation Committee was unanimous 6-0 in support of this article. The Board of Selectmen recommends approval of Article 13 by a vote of 4-0 The Finance Committee recommends approval of Article 13 by a vote of 6-0 MOTION TO BE MADE BY SELECTMAN O'HARA: I move the Town vote to approve Article 13 as printed in the warrant with the exception of the phrase, "or take any other action relating thereto." 23