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City secures CPC backing for Bank Street Armory feasibility study; committee approves full $55,000 to cover contingency
Summary
The CPC approved funding for a $55,000 feasibility and structural assessment for the Bank Street Armory, matching a state grant; the committee authorized the full amount to avoid a delay if the state match does not arrive.
The Community Preservation Committee voted to provide up to $55,000 to fund a feasibility study and structural assessment of the Bank Street Armory, with the city seeking a state matching grant.
City staff said the study will examine structural and programmatic feasibility for future uses, and the state had signaled a possible matching award. Committee members favored approving the full amount with the understanding that if the state match arrives, the city will use the match and free CPC funds for other projects; if not, the CPC-funded study will proceed.
The committee approved the motion by voice vote and asked city staff to ensure the study includes clear deliverables and that CPC receives progress reports. Committee members said a timely assessment is important to clarify restoration needs and next steps for the historic building.
