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,�yrxrasr�.a <br /> Town of Mashpee Community Preservation Commission <br /> " 16 Great Neck Road North <br /> ° Mashpee, MA 02649 <br /> Acknowledgements and Past Projects <br /> Ms. Waygan, thanked Ms. Barbee for contributing photos to the presentation. The slide featured some <br /> pictures of projects from past years, including: <br /> • Attaquin Park Playground upgrades <br /> • Community Park upgrades <br /> • War Memorial upgrades <br /> • One Room Schoolhouse upgrades including HVAC improvements <br /> • Pickerel Cove Reservation land protection <br /> • Heritage Park splash pad <br /> • Friends of the Wildlife educational initiatives <br /> • Meeting House preservation <br /> CPC also explained that funds must be reserved annually: 10% each for affordable housing, open <br /> space/recreation, and historic preservation. The remaining 70% can be flexibly allocated across <br /> categories. <br /> Available Funds and Bonding Capacity <br /> The committee explained the current financial status of the Community Preservation Fund. Each <br /> required category—historic preservation, affordable housing, and open space/recreation—has a <br /> balance, while the unencumbered fund holds just under $3 million. Specific category balances include <br /> $496,000, $442,000, and $500,000,respectively, leaving a substantial pool of money available for new <br /> proj ects. <br /> The CPC also retains the ability to issue bonds for larger initiatives. If a major property purchase or <br /> costly project were to arise, the committee could borrow funds and use CPC revenues to pay off the <br /> debt, much like the earlier land bank model. This flexibility ensures that the town can act decisively <br /> when important opportunities arise. <br /> Project Updates and Site Observations <br /> Lynne Barbee provided updates that she observed during the site visits: <br /> • Baker Boat Ramp: Although technically completed, the ramp is not functioning properly for <br /> larger boats. Residents reported difficulties launching, and DPW acknowledged that the <br /> contractor may have installed it incorrectly. Seasonal restrictions related to shell fishing had <br /> delayed work, and further reconstruction is anticipated. Smaller crafts like kayaks are still able <br /> to use the site. <br /> • Quashnet School Playground: Safety upgrades were completed with the installation of new <br /> cushioned pads under swings and other play equipment. The work was timed to coincide with <br /> school breaks and favorable weather. <br /> 4 <br />