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02/05/15 AC Minutes <br /> done by the EWG and SMMA, but he wants to see funding alternatives, such as phasing <br /> projects, that allow more flexibility and reduce the impact on the tax rate. All potential debt <br /> exclusion funding for Town and School projects needs to be included. <br /> Dr. Ash stressed two points: <br /> ➢ There is an immediate, critical need for additional pre-kindergarten space and additional <br /> middle school space, irrespective of enrollment projections. <br /> ➢ The request for the $4,080,000 does not make a commitment to a series of projects that <br /> address all the enrollment issues; it allows the Town to prioritize the best approach for <br /> addressing the capacity needs associated with current and projected enrollment. <br /> Mr. Addelson discussed probable funding techniques for the $4,080,000. Dr. Ash said that he <br /> envisions a debt exclusion referendum in December 2015 or January 2016. <br /> The meeting was adjourned at 9:55 p.m. <br /> The documents used at the meeting are listed below. <br /> Respectfully submitted, <br /> Sara Arnold <br /> Recording Secretary <br /> Approved February 19, 2015 <br /> Exhibits <br /> 1. Agenda, posted by Glenn Parker, Chair <br /> 2. Project Votes in Rob and Carl's Model(Model no. 1); February 1, 2015; prepared by Mr. Levine <br /> 3. A Recommended Funding Approach with Flexibility that helps Achieve the Currently Slated <br /> School Projects; prepared by Mr. Jon Himmel, Co-Chair Permanent Building Committee, January <br /> 28, 2015; distributed by Dr. Ash <br /> 4 <br />