Community Preservation Act Ballot Question
Adoption of the Community Preservation Act (CPA)
Shall the Town of Norwood accept Sections 3 to 7 inclusive, of Chapter 44B of the General Laws, as approved by its legislative body, a summary of which appears below?
Sections 3 to 7 of Chapter 44B of the General Laws of Massachusetts, also known as the Community Preservation Act, (“the Act”) establish a dedicated funding source to enable cities and towns to: (1) acquire, create and preserve open space, which includes land for park and recreational uses and the protection of public drinking water, well fields, aquifers and recharge areas, wetlands, farm land, forests, marshes, beaches, scenic areas, wild life preserves and other conservation areas; (2) acquire, preserve, rehabilitate and restore historic buildings and resources; (3) acquire, create, preserve, rehabilitate and restore land for recreational use; (4) acquire, create, preserve and support community housing; and (5) rehabilitate or restore open space and community housing that is acquired or created as provided in the Act.
In the Town of Norwood, the funding source for these community preservation purposes will be a surcharge of 1% on the annual property tax assessed on real property beginning in fiscal year 2018, and annual distributions made by the state from a trust fund created by the Act. If approved, the following will be exempt from the surcharge: (1) property owned and occupied as a domicile by any person who qualifies for low income housing or low or moderate income senior housing in the Town of Norwood, as defined in Section 2 of said Act; (2) $100,000 of the value of each taxable parcel of residential real property; and (3) $100,000 of the value of each taxable parcel of class three, commercial property, and class four, industrial property as defined in Section 2A of Chapter 59 of the General Laws. A taxpayer receiving a regular property tax abatement or exemption will also receive a pro rata reduction in surcharge.
A Community Preservation Committee will be established by by-law to study the needs, possibilities and resources of the Town of Norwood regarding community preservation, including the consideration of regional projects for community preservation, and shall make recommendations to Town Meeting on spending the funds.