| Agenda: | Approve minutes of the June 15 meeting
2. Article for the fall town meeting, probably on Monday, October 17 at 7 pm, to
appropriate the next $250,000 for the ABA project.
Article for Fall Town Meeting 2023
Article. To see if the town will vote to appropriate from available Community
Preservation funds the amount of $250,000 in support of Amethyst Brook
Apartments, the Home City Development, Inc. affordable rental housing project at
20-22 Amherst Road or take any other action thereto.
The 2020 fall town meeting approved a non-binding resolution to support an
appropriation up to $500,000 for this project. At the Fall Town Meeting in 2021
the first $250,00 was appropriated. This warrant article is to appropriate the
second half of that amount to allow Home City Development, Inc. to proceed with
securing funding for the project and to begin construction.
The Community Preservation Act funds will come from the following accounts:
● $27,000 - Community Housing balance
● $50,000 - Budgeted Reserve for 2021
● $173,000 - Undesignated Fund Balance
The above reserve account balances will be Community Housing: $10,459.14, Budgeted
Reserve: $0.00 , and Undesignated Fund: $105,145.40 respectively.
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3. Updates from the Housing Committee:
a. Next steps in the Amethyst Brook Apartments project
b. The progress of the Cadwell Street Homeownership
4. Discuss the Proposed Shared Leadership Structure v. 3 and vote to approve it.
5. Create the job description for an Administrative Assistant: discuss the job description
that Judy and Jim will present, modify it if needed, and approve it.
6. Future agenda items:
a. Discuss the possibility of reserving the most recent state match revenues as part
or all of the Budgeted Reserves for the upcoming fiscal year at each spring town
meeting.
Zoom link to the next meeting:
Join Zoom Meeting
https://us02web.zoom.us/j/84384114714?pwd=NEw3b05ib3duUDNsdHpjUEt5UU9EQT09 |