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November 30, 2007
TOWN OF STOW
Community Preservation Committee
FINAL  Minutes, November 30,  2007   Community Preservation Committee Meeting
**
Present:  Community Preservation Committee members: Bob Wilber (Chairman), Dave Walrath* (ViceChair), Kate Hogan, Mike Busch*, Laura Spear, Kathy Sferra, John Bolton
               Administrative Assistant: Deb Seith
(* arrived late or left early – noted in the Minutes)
Representative from Historical Commission:  Linda Stokes (not a CPC member)
Also present:     Selectman Dungan & Selectman Robart
000000" style="font-family:Times New Roman;font-size:8pt;color:#000000;">VOTE:  Laura made a motion to expend $518,900 from the Community Preservation Unreserved Fund Balance and $154,100 from the Community Preservation Open Space Reserve Fund to acquire 7.0 +/- acres of the Snow parcel for active recreation and open space in accordance with the provision of MGL Chapter 44B and also to recommend the expenditure of $1, 000,000 from the Community Preservation Unreserved Fund Balance for the development and creation of recreational fields /facilities on the 7.0 +/- acres in accordance with MGL Chapter 44B,  Kathy seconded, and approval was unanimous.
="+0" color="#000000" style="font-family:Times New Roman;font-size:9pt;color:#000000;">CPA Funds


$1,673,000


$25,000


$648,000


$1,000,000


New Taxes


$777,000


$25,000


$552,000


$200,000


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