Article 32

ARTICLE 32

(Appropriation:  Fiscal Year 2022 Community Preservation Committee)

            To see if the Town will vote to act on the report of the Community Preservation Committee on the Fiscal Year 2022 Community Preservation Budget and to appropriate or reserve for later appropriation monies from the Community Preservation Fund annual revenues or available funds for the administrative and operating expenses of the Community Preservation Committee, the undertaking of Community Preservation Projects and all other necessary and proper expenses for the year.

 

Purpose

Amount

 

 

Historic Preservation

 

 

 

Nantucket Historical Association

Restoration of the exterior and interior integrity of the Hadwen and Barney Oil and Candle factory warehouse, including the replacement of the existing roof with a new slate roof, masonry repointing, window replacement and replacing the failed wheelchair lift to address potential sea level rise

 

 

 

 

 

 

$395,000

Landmark House- Nantucket Community Service Inc.

To restore the exterior trim, to include fascia, rakes, corner boards, soffits, freeze boards, gutters and downspouts on both the Landmark House and the Grossman wing

 

 

 

$335,000

 

 

Sub-total

$730,000

 

 

$692,000 of the funds to be used in this category are from the Community Preservation surcharge, interest and the State matching funds, and the balance of the funds used in this category, $38,000, are from the Historic Preservation reserves.

 

 

Community Housing

 

 

 

Nantucket Affordable Housing Trust Fund

For the creation, preservation, support, rehabilitation and restoration of affordable housing for year-round Nantucket residents in support of plans developed by Habitat for Humanity and Housing Nantucket to create up to six new affordable units.

 

 

 

 

 

$800,000

Nantucket Interfaith Council 

Nantucket rental assistance programhousing and rental assistance to low and moderate-income Nantucket working families

 

 

 

$250,000

Town of Nantucket

Funds to pay the interest and principal of the Bond authorized at the 2015 Nantucket Town Meeting for the balance of the infrastructure at the Sachem’s Path affordable housing complex, to close out this obligation

 

 

 

 

$296,600

Town of Nantucket

Funds to pay the interest and principal of the Five Million Bond authorized at the 2019 Nantucket Town meeting to pay the cost of acquiring land, which may include buildings thereon, for the development of affordable housing and to pay cost of designing, constructing, reconstructing and equipping affordable housing.

 

 

 

 

 

 

$350,000

 

 

Sub-total

$1,696,000

 

 

$235,715 of the funds utilized in this category is from the Undesignated reserves and the balance of the funds utilized in this category are from the Community Preservation surcharge, interest and the State matching funds.

 

 

Open Space Conservation/Recreation

 

 

 

Town of Nantucket

Funds to pay the interest and principal of the Bond authorized at the 2012 Nantucket Town Meeting for the creation of an artificial turf playing field at Nobadeer Farm Road to close out this obligation

 

 

 

 

$199,575

Sustainable Nantucket Community Farm Institute, phase 5

Funds for extension of farm heating system, new Bee yard shed, produce preservation equipment and infrastructure

 

 

$55,000

Open Space Designated Reserves

To meet 10 percent allocation

 

$30,000

 

 

Sub-total

$284,515

 

 

All the funds to be utilized in this category are from the Community Preservation surcharge, interest and the State matching funds.

 

 

Administrative

 

 

 

Community Preservation Committee

Administrative and operating expenses

 

$125,000

 

 

Sub-total

$125,000

 

 

All the funds to be used in this category are from the Community Preservation surcharge, interest and the State matching funds.

 

 

TOTAL

$2,835,515

 

 

All amounts to be appropriated from the following sources:

 

 

SOURCES

AMOUNT

 

 

Raised and appropriated from FY 2019 Community Preservation Surcharge

 

$2,250,000

 

 

From State matching funds for FY 2018, to be received in 2019

$330,000

 

 

From Interest

$20,000

 

 

From Designated Reserves for Historic Preservation

$38,000

 

 

From Undesignated Reserves

$235,515

 

 

Total Revenues

$2,835,515

 

 

For fiscal year 2022 Community Preservation Purposes with each item considered a separate appropriation to be spent by the Community Preservation Committee.

 

Provided however, that the above expenditures may be conditional on the recording of appropriate historic preservation restrictions for historic resources, open space restrictions for open space resources, recreational restrictions for recreational resources and for affordable housing restrictions for community housing; running in favor of an entity authorized  by the Commonwealth to hold such restrictions for such expenditures; meeting the requirements of Chapter 184 of the General Laws pursuant to Section 12 of the Community Preservation Act.

 

(Kenneth Beaugrand, et al)

FINANCE COMMITTEE MOTION:  Moved that the following sums be appropriated or reserved for later appropriation from the Community Preservation Fund Fiscal Year 2022 revenues or other available funds as indicated herein, for the administrative and operating expenses of the Community Preservation Committee, the undertaking of community preservation projects and all other necessary and proper expenses, for Fiscal Year 2022 community preservation purposes as set forth herein, with each item considered a separate appropriation to be spent by the Community Preservation Committee, as shown below with any strikeouts indicating deletions from the Community Preservation Committee article and any highlighted text indicated additions/modifications: 

 

Purpose

Amount

 

 

Historic Preservation

 

 

 

Nantucket Historical Association

Restoration of the exterior and interior integrity of the Hadwen and Barney Oil and Candle factory warehouse, including the replacement of the existing roof with a new slate roof, masonry repointing, window replacement and replacing the failed wheelchair lift to address potential sea level rise

 

 

 

 

 

 

$395,000

Landmark House - Nantucket Community Service Inc.

To restore the exterior trim, to include fascia, rakes, corner boards, soffits, frieze boards, gutters and downspouts on both the Landmark House and the Grossman wing

 

 

 

$335,000

 

 

Sub-total

$730,000

 

 

$692,000 of the funds to be used in this category are from the Community Preservation surcharge, interest and the State matching funds, and the balance of the funds used in this category, $38,000, are from the Historic Preservation reserves.

 

 

Community Housing

 

 

 

Nantucket Affordable Housing Trust Fund

For the creation, preservation, support, rehabilitation and restoration of affordable housing for year-round Nantucket residents in support of plans developed by Habitat for Humanity and Housing Nantucket to create up to six new affordable units.

 

 

 

 

 

$800,000

Nantucket Interfaith Council 

Nantucket rental assistance program, housing and rental assistance to low and moderate-income Nantucket working families

 

 

 

$250,000

Town of Nantucket

Funds to pay the interest and principal of the Bond authorized at the 2015 Nantucket Town Meeting for the balance of the infrastructure at the Sachem’s Path affordable housing complex, to close out this obligation

 

 

 

 

$296,600

Town of Nantucket

Funds to pay the interest and principal of the Five Million Dollar Bond authorized at the 2019 Nantucket Town meeting to pay the cost of acquiring land, which may include buildings thereon, for the development of affordable housing and to pay cost of designing, constructing, reconstructing and equipping affordable housing.

 

 

 

 

 

 

$350,000

 

 

Sub-total

$1,696,000

$1,696,600

 

 

$198,175 of the funds utilized in this category are from the Undesignated reserves and the balance of the funds utilized in this category are from the Community Preservation surcharge, interest and the State matching funds.

 

 

Open Space Conservation/Recreation

 

 

 

Town of Nantucket

Funds to pay the interest and principal of the Bond authorized at the 2012 Nantucket Town Meeting for the creation of an artificial turf playing field at Nobadeer Farm Road to close out this obligation

 

 

 

 

$199,575

Sustainable Nantucket Community Farm Institute, phase 5

Funds for extension of farm heating system, new Bee yard shed, produce preservation equipment and infrastructure

 

 

$55,000

Open Space Designated Reserves

To meet 10 percent allocation

 

$30,000

 

 

Sub-total

$284,515

$284,575

 

 

All the funds to be utilized in this category are from the Community Preservation surcharge, interest and the State matching funds.

 

 

Administrative

 

 

 

Community Preservation Committee

Administrative and operating expenses

 

$125,000

 

 

Sub-total

$125,000

 

 

All the funds to be used in this category are from the Community Preservation surcharge, interest and the State matching funds.

 

 

TOTAL

$2,835,515

$2,836,175

 

 

All amounts to be appropriated from the following sources:

 

 

SOURCES

AMOUNT

 

 

Raised and appropriated from FY 2019 FY 2022 Community Preservation Surcharge

 

$2,250,000

 

 

From State matching funds for FY 2021, to be received in 2022

$330,000

 

 

From Interest

$20,000

 

 

From Designated Reserves for Historic Preservation

$38,000

 

 

From Undesignated Reserves

$198,175

 

 

Total Revenues                                

$2,836,175

 

 

For fiscal year 2022 Community Preservation Purposes with each item considered a separate appropriation to be spent by the Community Preservation Committee.

 

Provided however, that the above expenditures may be conditional on the recording of appropriate historic preservation restrictions for historic resources, open space restrictions for open space resources, recreational restrictions for recreational resources and for affordable housing restrictions for community housing; running in favor of an entity authorized  by the Commonwealth to hold such restrictions for such expenditures; meeting the requirements of Chapter 184 of the General Laws pursuant to Section 12 of the Community Preservation Act.