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3 of the Center and that the project would seek to enlarge this space and that the initial design was well received. Mr. Beuttell mentioned that the project can take funds from two different buckets, one from Historic Preservation and one from Recreation; he also stated that programmatically, the expansion of the amphitheater in the rear of the Center may not be currently worth the $1,100,000 price tag. He concluded by saying that he was concerned about the considerable jump in costs from one estimate to the other. Mr. Poltorzycki noted that storm water management proposed to take place under the parking area would add to the usefulness of the project. Mr. Pressman stated that the Recreation Director had said that there were issues with expanding the space at the rear of the building, one example being interference with t-ball. However, it was also mentioned that t-ball had not been scheduled or played on the property for a good number of years. Ms. Walker praised the Munroe Center for its mission but mentioned that the Town owns the building and wondered if the funding should come from CPA or other Town funds. She also asked if the Committee was stretching the definition of historic preservation too far. Ms. Walker concluded her remarks by asking whether the Center was looking at alternative funding sources. Ms. Burwell stated that the Center is going to utilize the State’s Cultural Facilities Fund. Mr. Horton asked if the cost of the elevator was included in the new estimate, and Mr. Poltorzycki said that was the case. Mr. Creech commented on the increased site work and asked if the amphitheater affected this. Mr. Healy said that while storm water management was a factor in the increased price, the amphitheater was not a factor. Ms. Fenollosa then asked Ms. Kosnoff if the Committee could afford the project after such a dramatic cost increase. Ms. Kosnoff stated that the Committee would not have the funds to pay for this with cash alone and that debt or split financing would need to be considered. Ms. Fenollosa asked if this project qualifies for debt financing. Ms. Kosnoff said that this project does qualify for debt financing and that the decision will be all about the Committee’s appetite to take on debt. Ms. Kosnoff also stated that it is not advisable to completely drain the accounts but that at least $4-$5 million would need to be covered by debt financing. Mr. Pressman asked if the Stone Building would also qualify for debt financing, Ms. Kosnoff said that it would. Ms. Krieger commented that she was concerned by the price tag but the project has sponsors and meets a community need. Mr. Sandeen stated that the project needs to be addressed in terms of ADA compliance and that a decision based on the numbers need to be made by Town Meeting though that would be difficult with the amount of debt financing. Ms. Fenollosa asked if the project could be phased ; Mr. Healy stated that project phasing is not cost effective. Ms. Fenollosa asked the Committee if the Committee should table the motion in light of the new estimate. Mr. Horton stated that Munroe Park in the rear of the building may want to be left for another day if possible. After a motion was duly made and seconded the Committee decided to table the motion to a future meeting.