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Ashland to open CPA piggy bank

Posted by Ralph Ranalli October 6, 2007 08:35 AM

ASHLAND

Residents at the November town meeting will be asked to approve spending about $735,000 from money generated by Community Preservation Act for various projects in town, said Steven Greenberg, chair of Ashland's Community Preservation Act Committee.

The town's CPA coffers hold more than $2 million total, Greenberg said. The largest of the requests is $500,000 to start an affordable housing trust fund. This fund would be run by the town manager and trustees, who would be appointed by selectmen.

Other requests are: $35,000 for a hydro-geology study of the town's water sources and the land around them; $85,000 to study the recently acquired Weston Nurseries land; $90,000 to finish funding a pavilion at the town's senior center; and $25,000 for preliminary investigation into purchasing a historic property at 133 West Union St.

-- Alexandra Perloe

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