Article 42: To see if the Town will vote to appropriate the sum of One Hundred Thirty-Two Thousand Nine Hundred Eighty Dollars ($132,980), or any other sum, from the Community Preservation Fund Fiscal Year 2027 estimated annual revenues to the Community Preservation Committee for Fiscal Year 2027 debt service and expenses associated with the acquisition of the property at 167 Main Street, or take any other action relative thereto.
Explanation: This article appropriates Community Preservation Act (CPA) funds for Fiscal Year 2027 debt service and associated expenses related to the acquisition of the White Cliffs property at 167 Main Street. This appropriation represents the ninth of ten scheduled bond payments for the project. Funding this obligation supports the Town’s continued preservation of White Cliffs as a historic resource and ensures the project remains on track for full repayment by Fiscal Year 2028, consistent with CPA-eligible historic preservation purposes.
Votes Needed to Pass: Majority