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From YouTube: Committee on Community Preservation Act on May 5, 2020

Description

Docket #0407, Message and order for an appropriation order in the amount of Twenty-Four Million Three Hundred and Nine Thousand Dollars ($24,309,000.00) from the Fiscal Year 2020 Community Preservation Fund revenues for community preservation projects at the recommendations of the City of Boston Community Preservation Committee ("CPC"). The CPC is recommending $15,750,000.00 in affordable housing projects, $3,440,000.00 in historic preservation projects and $5,119,000.00 in recreational use and open space projects. This matter was referred to the Committee on February 26, 2020; and,

Docket #0614, Message and order authorizing the appropriations of Seven Hundred Eighty-Two Thousand Three Hundred Ninety-Two Dollars ($782,392.00) for the administrative and operating expenses of the City of Boston Preservation Committee (“CPC”) for Fiscal Year 2021, and a further appropriation order in the amount of Twenty-Five Million Five Hundred Seventeen Thousand Six Hundred Eight Dollars ($25,517,608.00) from the Community Preservation Fund’s (“the Fund”) estimated annual revenues for Fiscal Year 2021, to be appropriated and reserved for future appropriation. The Fund was created upon the adoption of the Community Preservation Act (the “Act”) in November 2016 and is funded in part by the 1% property tax-based surcharge on residential and business property tax bills that took effect in July 2017 and an annual state distribution from the Massachusetts community preservation trust fund.