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After the presentations of the projects, Ms. Manz explained that there were <br />four additional administrative items that would appear on the warrant. These <br />were; (1) $150,000 in Administrative expenses, (2) a $125,000 shortfall in the <br />FY11 budget, (3) $974,600 for the Busa Farm debt service, and (4) a <br />$1,300,000 first-year debt service payment for the Cotton Farm acquisition. <br />Ms. Manz said the CPC would review the projects at its next meeting <br />st <br />scheduled for December 21 and begin the process of voting on whether to <br />forward the projects to Town Meeting. <br />The Public Hearing was closed at 7:45 pm. <br />One document was presented at the Public Hearing: <br />(1) An explanation of the Muzzey High Condominium Project presented by Ginger <br />McGuire, entitled, “Muzzey Window Replacement Project”. The document was <br />undated, and is on file in the CPC office. <br />Respectfully submitted, <br />Nathalie Rice <br />Administrative Assistant <br />Community Preservation Committee <br />6 <br />