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November 26, 2007
TOWN OF STOW

Community Preservation Committee

FINAL Minutes, November 26,  2007   Community Preservation Committee Meeting

**

Present:  Community Preservation Committee members: Bob Wilber (Chairman), Dave Walrath* (ViceChair), Kate Hogan, Mike Busch*, Laura Spear, JT Toole , Kathy Sferra, John Bolton

               Associate Member:  Jim Sauta             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, Selectman Ruggiero, and Town Moderator: Ed Newman.

00" style="font-family:Times New Roman;font-size:9pt;color:#000000;">Bob also mentioned he and Selectman Robart have plans to meet with the Snow property land owner on Wednesday, November 28th.

000;">tell said that CPC funds can not be used to fund any of those projects.  He also mentioned that no new fields have been created in 13 years, he expressed that this is a viable project and a viable use of CPA Funds.

n:left;">ign:left;">$200,000




t-family:Times New Roman;font-size:9pt;color:#000000;">Selectman Dungan asked if the CPC would take a vote on Article #3. 

mes New Roman;font-size:9pt;color:#000000;"> was because we did not own the land.  Tim agreed but also said that the 21 grants that were all approved had full projects (land and development approved).

000000" style="font-family:Times New Roman;font-size:9pt;color:#000000;">
div align="left" style="text-align:left;">eft" style="text-align:left;">J.T. made a motion to adjourn, Kathy seconded, and approval was unanimous. (Approximately 11:00pm)

to the article sponsored jointly by the CPC and the Recreation Commission, the Selectmen

also have an article but at a lower purchase price. Assuming the Selectmen agree to support the two uses recommended

by the CPC/Rec article (agriculture and recreation), we respectfully request that the CPC consider allocating acquisition

funds to the Selectmen’s article. Since the absolute amount of CPC funding for land purchase is tied to the purchase

amount, perhaps any funds allocated to the Selectmen’s article should be on a pro-rated basis relative to the lower

purchase price. (Entries in the table below reflect this approach.) We are hopeful that the CPC will also agree to some

level of funding support for the Selectmen’s Snow article.

I have increased the amount in the Selectmen’s article by $120,000 to reflect $100,000 in legal and engineering costs

and $20,000 for bonding. These are the same amounts we added to the purchase price in the May ATM article.

Fiscal Year Total Cost CPC Funds Requested Sources of Other

Funding

$970,000 (purchase) $490,000 (purchase) Appropriate &

2008 Borrow

2009 _________________ ___________________ ________________

2010 _________________ ___________________ ________________

2011 _________________ ___________________ ________________

2012 _________________ ___________________ ________________

Total

How does this project help preserve Stow's character?

The Snow property is ideally suited for a variety of municipal uses; e.g., housing, recreation, agriculture, etc. The

proposed uses of agriculture and recreation have been identified as priorities by both the CPC and the Master Plan. The

proximity of the Snow parcel to existing agricultural land will support farmers in that area. Additional recreation space

will address the current shortage of fields. It will also support Stow’s commitment to outdoor activities for a variety of

age groups.

ber 26, 2007

man" size="-1" color="#000000" style="font-family:Times New Roman;font-size:7pt;color:#000000;">Contains detailed descriptions of all historic properties in Stow.  Inventories are the foundation for all preservation plans.

#160;                  $20,000                                  $8,000                                                 $12,000

>omes and families, farms, businesses, and community institutions – stories with which we honor the past and carry into the future.