TR-2009-20 RESERVATION OF CPA FUNDS ptwvo,�byl 0�--
TR-2009-20
A RESOLUTION AUTHORIZING THE RESERVATION AND APPROPRIATION OF
FUNDS FROM THE COMMUNITY PRESERVATI ON FUND
WHEREAS, the voters of Agawam chose to form a Community Preservation
Committee, and
WHEREAS, one of the Community Preservation Committee's requirements is that it
reserves funds for specific uses under the Community Preservation Act;
WHEREAS, the Community Preservation Committee's has recommended that $52,413
should be reserved for Open Space from the Community Preservation Fund estimated annual
fund revenue for fiscal year 2010
WHERE,AS, the Community Preservation Committee's has recommended that $52,413
should be reserved for Historic Resources from the Community Preservation Fund estimated
annual fimd revenue for fiscal year 2010
WHEREAS, the Community Preservation Committee's has recommended that $52,413
should be reserved for Community Housing from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2010
WHEREAS, the Community Preservation Committee's has recommended that $26,000
should be appropriated for Administrative Expenses from the Community Preservation Fund
estimated annual fund revenue for fiscal year 2010
WHEREAS, the Community Preservation Committee's has recommended that $340,684
should be reserved for Budgeted Reserve from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2010
NOW THEREFORE, BE IT RESOLVED BY THE AGAWAM CITY COUNCIL
that funds from the Community Preservation Fund estimated annual fund revenue For Fiscal
Year 2010 shall be reserved as follows:
$52,413 reserved for Open Space;
$52,413 reserved for Historic Resources;
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$52,413 reserved for Community Housing;
P-AaA(�i
S26,206 for Administrative Expenses
cr) $340,384 for Budgeted Reserve
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f PER ORDER OF THE AGAWAM CITY COUNCIL
AIV44�,� (0 (( /-R
Gina M. Leteil ' Council P ident
APPROVED AS TO FORM A D LEGALITY
Christopher jihnson, City Solicitor
CERTIFIED AS TO FUNDS AVAILABLITY
CAX�4 A4" —
Cheryl St. JoQ Auditor
MAYORAL ACICION
Received this L-/I day of -- 2009 from Town Council Clerk.
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Signed by Council President this t day of (�(UA-Q-J 2009.
APPROVAL OF LEGISLATION
By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawatij Charter, as
aMded, I hereby approve the passage of the above legislation on this day of
2009.
U
's'OO,'x-
Susan R. Dawson, Mayor
DISAPPROVAL OF LEGISLATION
By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Charter, as
amended, I hereby veto the passage of the above legislation on this day of
2009 for the following reason(s):
Susan R. Dawson, Mayor
RETURN OF LEGISLATIGN TO CQUNCIL CLERK
Returned to Council Clerk this CSL7--' day of lk&L
U 2009.
TR-2009-20
A RESOLUTION AUTHORIZING THE RESERVATION AND APPROPRIATION OF
FUNDS FROM THE COMMUNITY PRESERVATION YUND
WHEREAS, the voters of Agawam chose to form a Community Preservation
Committee, and
WHEREAS, one of the Community Preservation Committee's requirements is that it
reserves funds for specific uses under the Community Preservation Act;
WHEREAS, the Community Preservation Committee's has recommended that $52,413
should be reserved for Open Space from the Community Preservation Fund estimated annual
fund revenue for fiscal year 2010
WHEREAS, the Community Preservation Committee's has recommended that $52,413
should be reserved for Historic Resources from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2010
WHEREAS, the Community Preservation Committee's has recommended that $52,413
should be reserved for Community Housing from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2010
WHEREAS, the Community Preservation Commi ttee's has recommended that $26,000
should be appropriated for Administrative Expenses ftom the Community Preservation Fund
estimated annual fund revenue for fiscal year 2010
WHEREAS, the Community Preservation Committee's has recommended that $340,684
should be reserved for Budgeted Reserve fTom the Community Preservation Fund estimated
annual fund revenue for fiscal year 2010
NOW THEREFORE, BE IT RESOLVED BY THE AGAWAM CITY COUNCIL
that funds from the Community Preservation Fund estimated annual ftind revenue For Fiscal
Year 2010 shall be reserved as follows:
$52,413 reserved for Open Space-,
$52,413 reserved for Historic Resources;
$52,413 reserved for Community Housing;
$26,206 for Administrative Expenses
$340,384 for Budgeted Reserve
PER ORDER OF THE AGAWAM CITY COUNCIL
Gina M. Letellier, City Council President
APPROVED AS TO FORM A D LEGALITY
Christopher . J hnson, City Solicitor
CERTIFIED AS TO FUNDS AVAILABLITY
Cheryl St. John, Auditor