The May 6 annual Town Meeting will consider appropriating $35,000 from the town’s Community Preservation Fund to study the potential development of bike and walking trails in town. Tewksbury Rail Trails, a citizens’ group that is promoting the creation of recreational trails, initiated the funding request, and Saturday it held a Town Hall forum to present information on the proposal. The Community Preservation Committee has voted unanimously to recommend that Town Meeting approve the appropriation, according to Nancy Reed, the committee’s chairwoman. Reed noted that the town’s open space and recreation plan calls for the development of bicycling and walking trails. She said the goal was ranked as the highest recreational priority among residents who responded to a survey.