TR-2012-31 RESERVE APPROP OF CPA FUNDS � S
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TR-2012-31
A RESOLUTION AUTHORIZING THE RESERVATION AND APPROPRIATION OF
FUNDS FROM THE COMMUNITY PRESERVATION 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 $53,725
should be reserved for Open Space from the Community Preservation Fund estimated annual
fund revenue for fiscal year 2013
WHEREAS, the Community Preservation Committee's has recommended that $53,725
should be reserved for Historic Resources from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2013
WHEREAS, the Community Preservation Committee's has recommended that $53,725
should be reserved for Community Housing from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2013
WHEREAS,the Community Preservation Committee's has recommended that $26,863
should be appropriated for Administrative Expenses from the Community Preservation Fund
estimated annual fund revenue for fiscal year 2013
WHEREAS, the Community Preservation Committee's has recommended that$349,215
should be reserved for Budgeted Reserve from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2013
NOW THEREFORE, BE IT RESOLVED BY THE AGAWAM CITY COUNCIL
that funds from the Community Preservation Fund estimated annual fund revenue For Fiscal
Year 2013 shall be reserved as follows:
$53,725 reserved for Open Space; C)
$53,725 reserved for Historic Resources; C-- C�F::
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$53,725 reserved for Community Housing;
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$26,863 for Administrative Expenses . n
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$349,215 for Budgeted Reserve 00 rn
DATED THIS DAY OF 2012.
PER ORDER OF THE AGAWAM CITY COUNCIL
Christopher C, Joro on, City Council President
A[VQj,O LASTO FORM AND LEGALITY
j;)w1v b
Vince Gioscia, City Solicitor
CERTIFIED AS TO FUNDS AVAILABLITY
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Cheryl St. Johr4Auditor
MAYORAL ACTION
Received this day of jUr)AE-1 1 2012 from Council Clerk.
Signed by Council President this 14 Yh day of �an 2012.
APPROVAL OF LEGISLATION
By the powers vested in me pursuant to Article 3, Section 3-6 of the AgaW IF harter, as
y approve the passage of the above legislation on 'lay of
2012.
Richard A. Cohen, 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
1 2012 for the following reason(s):
Richard A. Cohen, Mayor
RETURN OF LEGISLATION TO COUNCIL CLERK
Returned to Council Clerk this - day of ) 2012.
TR-2012-31
A RESOLUTION AUTHORIZING THE RESERVATION AND APPROPRIATION OF
FUNDS FROM THE COMMUNITY PRESERVATION 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 Preservatioh Committee's has recommended that $53,725
should be reserved for Open Space from the Community Preservation Fund estimated annual
fund revenue for fiscal year 2013
WHEREAS, the Community Preservation Committee's has recommended that $53,725
should be reserved for Historic Resources from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2013
WHEREAS, the Community Preservation Committee's has recommended that $53,725
should be reserved for Community Housing from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2013
WHEREAS, the Community Preservation Committee's has recommended that $26,863
should be appropriated for Administrative Expenses from the Community Preservation Fund
estimated annual fund revenue for fiscal year 2013
WHEREAS, the Community Preservation Committee's has recommended that $349,215
should be reserved for Budgeted Reserve from the Community Preservation Fund estimated
annual fund revenue for fiscal year 2013
NOW THEREFORE, BE IT RESOLVED BY THE AGAWAM CITY COUNCIL
that funds from the Community Preservation Fund estimated annual fund revenue For Fiscal
Year 2013 shall be reserved as follows:
$53,725 reserved for Open Space;
$53,725 reserved for Historic Resources;
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$53,725 reserved for Community Housing; C= a
$26,863 for Administrative Expenses
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r
$349,215 for Budgeted Reserve
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rn
PER ORDER OF THE AGAWAM CITY COUNCIL
Christopher C. Johnson, City Council President
APPROV tSTO FORM.AND LEGALITY
-f;k
Vince Gioscia, City Solicitor
CERTIFIED AS TO FUNDS AVAILABLITY
CIJI" 04/VaZ6
Cheryl St. John,Vud—itor