3.31.2022 Community Preservation Committee

Fall River Government TV Mar 31, 2022 YouTube Report Issue

The Community Preservation Committee of Fall River, Massachusetts, held a virtual meeting on Thursday, March 31, 2022, at 6:00 PM, to select and recommend projects for funding to the City Council. The committee approved the minutes from March 24, 2022, and then proceeded to allocate funds for various projects. A significant portion of the meeting involved recalculating project scores and available funds, with Sandy Dennis, CPA Admin, assisting the committee. The total available funding for the fiscal year was $2,151,999, after setting aside $198,596 for the housing reserve. Key projects approved included $400,000 for Father Kelly's Park poles and lights, $297,605 for the Westport Extension Quickest and River Rail Trail (including a $605 deed restriction), and $230,000 for the Copaca Cut Reservoir water supply land acquisition. The committee also decided to bond two major historic preservation projects together: the Central Fire Station for $645,079 (including a $605 deed restriction) and the Fall River Fire Museum for $391,690. These two projects, totaling $1,036,769 with an additional 10% interest, will be bonded over five years at an annual cost of $228,089. Additionally, $150,605 was approved for the Historic Saint Ann's Church exterior restoration (including a $605 deed restriction), contingent on securing additional funding, and $138,175 for the Barnabas Blossom Workshop Restoration (including a $605 deed restriction). Towards the end of the meeting, the committee discussed the remaining funds and the Greater Fall River Art Association project. After considering the need for emergency funds and the complexities of partial funding, they approved $79,210 for the Art Association, covering foundation and roof work, including a 10% contingency and a $605 deed restriction, contingent on the association's acceptance. Small amounts of $105 each were approved for deed restrictions for the Dr. Fisk House and the Massasoit Fire Police Station, and $45,000 for administrative costs. The total funded amount came to $1,845,490, leaving a reserve of $306,509. The committee then voted to suspend further funding and adjourned after a moment of silence for Ukraine.

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