Article 13

ARTICLE 13.  To see if the Town will vote to appropriate or reserve from the Community Preservation Fund annual revenues in the amounts recommended by the Community Preservation Committee for committee administrative expenses, debt service, community preservation projects and other expenses in Fiscal Year 2025, with each item to be considered a separate appropriation:

Appropriations:

From FY 2025 estimated annual revenues for Lincoln Hall Renovation Bond expense              $39,332

From FY 2025 estimated annual revenues for Haynes Land Purchase Bond expense              $112,375

From FY 2025 estimated annual revenues for Aaron Wood Renovation Bond expense             $12,891

From FY 2025 estimated annual revenues for Boxford Commons Bond expense                      $128,500

From FY 2025 estimated annual revenues for 10 Elm Street Bond expense                              $72,500

From FY 2025 estimated annual revenues for Committee Administrative expenses                   $59,832

Reserves:

From FY 2025 estimated annual revenues for Community Housing Reserve                                 $119,663

From FY 2025 estimated annual revenues for Historic Reserve                                                     $0

From FY 2025 estimated annual revenues for Open Space Reserve                                            $7,288

From FY 2025 estimated annual revenues for Budgeted Reserve                                                $625,000

or take any other action thereon.

             Sponsored and supported by the Community Preservation Committee

             Select Board recommends adoption of this article

             Finance Committee recommends adoption of this article

COMMENT:  This is the annual vote to pay ongoing debt for approved Town projects funded with Community Preservation Act (CPA) funds, as well as reserve certain CPA revenues in accordance with the Community Preservation Act.