21.332 An Order to Appropriate FY2022 CPA Funds for Community Preservation Purposes - CertifiedCity of Northampton
MASSACHUSETTS
In City Council, October 7, 2021
Upon the recommendation of the Community Preservation Committee
21.332 An Order to Appropriate FY2022 CPA Funds for Community Preservation Purposes
Ordered, that
The following amounts be appropriated or reserved from fiscal year 2022 Community
Preservation Fund estimated revenues $2,075,465 ($1,482,475 FY22 local assessment estimate,
plus $592,990 estimated state match) for fiscal year 2022 Community Preservation purposes:
$228,301 from FY22 Total Estimated CPA Revenue to the Community Preservation Fund Open
Space Reserve (account # 2344930-359931)
$228,301 from FY22 Total Estimated CPA Revenue to the Community Preservation Fund
Historic Preservation Reserve (account # 2344930-359932)
$228,301 from FY22 Total Estimated CPA Revenue to the Community Preservation Fund
Affordable Housing Reserve (account # 2344930-359933)
$75,000 from FY22 Total Estimated CPA Revenue to the Community Preservation Fund
Administrative Account (account # 2344930-359934)
$1,315,562 from FY22 Total Estimated CPA Revenue to the Community Preservation Fund
Budgeted Reserve (account # 2344930-359930)
Also, the following amounts be appropriated from the Community Preservation Fund
Budgeted Reserve (account #2344930-359930) for FY21 Community Preservation bonding
repayment purposes:
$60,000 for principal and $6,075 for interest for Bean Farm bond (account #3100931-393102-11)
$90,000 for principal and $16,200 for interest for Florence Fields bond (account #3100931-
393103-12)
$65,000 for principal and $12,800 for interest for Pulaski Park II bond (account #3100931-
393105-16)