2014-01-16-CPC-min - Laserfiche WebLink

Browse Search

FY 15 Submittal 3, 39 Marrett Road Community Center Renovation \[Revision 12-24-13\] At the meeting of November 7, 2013, CPC approved by a vote of 9 to 0 (pending final determination of the amount) $645,775 for the CPA-eligible portion of this project. At that time, Mr. Goddard explained that \[this\] FY 15 request for the Community Center was for \[D &E\] monies that would carry the project through construction plans. He also explained that the request included construction funds of $250,000 for the sidewalk from Marrett Road to the Community Center. . . . Mr. Goddard said the \[D&E\] estimate was driven by the final programmatic and construction costs, which had not yet been finalized. He expected that the D&E estimate and sidewalk construction would be approved by the selectmen by the end of December though he anticipated changes to design which might push the approval process until February. \[CPC minutes, 11-7-13 at 1\] Mr. Goddard discussed the revised request for $675,693 in CPA funds. Based on activities of the Ad Hoc Community Center Committee and the BOS, including BOS discussions of overall Town facility priorities, the following elements are now under consideration for this FY 15 Community Center package, which Mr. Goddard termed Phase 1B: a sidewalk; stretch energy code compliance; reconfiguration of the first floor area to the right of the main entrance, to provide for seating of 140 persons; some building envelope work; and some HVAC enhancement. Regarding the sidewalk, Mr. Goddard reported that a location has yet to be identified and discussions with the Masons may be necessary. It was anticipated that the BOS would discuss this project at its meeting on January 27, 2014. On motion duly seconded, the CPC voted 4 to 3 to approve the expenditure of CPA funds in the amount of $675,693 for a project of the scope described by Mr. Goddard. The project, as presented, also referenced use of tax levy funds in the amount of $155,897. Mr. Addelson provided and explained an updated version of his analysis titled CPA Fund Projected Revenues and Expenditures, dated 1-16-14. The analysis includes, through FY2021, Projected \[CPA\] Revenue, Projected Claims Against Projected Revenue, and Projected Debt Service . . . . The latter category referenced eight projects, either already approved, or considered likely to be presented to CPC in the future. The analysis identifies a net balance available of $1,923,856 at the end of FY 2021, applying the facts and assumptions, which it sets forth. \[Mr. Addelson has emphasized in the past that this analysis is prepared to aid in planning, but should not be considered a budget.\] Members identified several additional projects which will or might be presented to CPC in the future: Hosmer House rehabilitation, Stone Building rehabilitation, housing on the Leary land, a police station project, and work on the Battle Green. 4