An Order that pursuant to G.L. c.44B, the Community Preservation Act, the following amounts be reserved from the FY2026 estimated annual revenues of the Community Preservation Fund, as recommended by the Community Preservation Committee: $56,488 to the Community Housing Reserve, $56,488 to the Historic Resources Reserve, and $56,488 to the Open Space and Recreation Reserve.

The Amesbury City Council authorizes transfers of FY2026 estimated Community Preservation Act revenues: 10% is reserved for the Community Housing Reserve, Historic Resources Reserve, and Open Space and Recreation Reserve; 5% is set aside for the Community Preservation Committee Administrative account to cover CPC administrative expenses; the remaining funds are placed in the CPA Unreserved Balance. These actions ensure funds are set aside for eligible CPA purposes and are consistent with the CPA requirements and the CPC’s recommendation. The order notes a state match and reflects the annual CPA planning process, with funds to be expended by future City Council votes.