A new fund dedicated to preserving historical buildings and city parks could soon be a reality.

Local leaders gathered in front of the Conden Lucas House at Hazelwood Park Wednesday to formally announce their Community Preservation Act campaign.

Campaign Coordinator Sherry McTigue says the act has already drawn support.

The act will be Question 5 on the November 4th ballot.

If passed, it will fund community projects with little cost to taxpayers.

There will be an additional $18 charge for residential property owners and $5 per month for commercial properties.

More information can be found at the campaign's website www.cpanewbedford.org