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price would come from. Ms. Morrison stated that LexHAB has several options, including further <br /> ARPA funds, obtaining a mortgage from a bank or returning to the Committee to request <br /> further Community Preservation funding. <br /> Munroe Center for the Arts: The MCA returned with another update on the cost of the project. <br /> Cristina Burwell stated that MCA cost projections had undergone serious revision and hard <br /> work since last presented to the Committee. Ms. Burwell also mentioned that the scope of the <br /> project was beyond the Munroe Center's capabilities, and if not for CPA support the Munroe <br /> project could not move forward. Brian Healy, the project's architect, stated that he and Mike <br /> Cronin reworked the numbers to be as realistic as possible. The new total request is for <br /> $6,635,191, down from $8,493,497. Mr. Healy also described the new scope of the project, <br /> including accessibility modifications, HVAC and renovations to the bathrooms on the lower level <br /> which are currently unsuitable in their current state. Mr. Pressman asked if the new <br /> projections included interest on debt, should the project be debt-financed. Mr. Healy said that <br /> they did not. Mr. Sandeen asked if there was an estimate of the new debt associated with the <br /> project; Ms. Kosnoff stated that the figures would be approximately$900,000 spread over 5 <br /> years, should that be the length of the bond. <br /> After a motion was duly made and seconded, the Committee conducted a roll call vote (7-0-2) <br /> to recommend the project to Annual Town Meeting. <br /> At this point the Committee conducted a Public Hearing on the 2022 Needs Assessment, after <br /> which regular Committee business continued. (See separate minutes for Public Hearing) <br /> Archaeology Study: Jeff Howry, an Archaeologist, returned to answer any remaining questions <br /> from the Committee about the Archaeology Bylaw Baseline Study. Ms. Walker stated that she <br /> was concerned about the lack of a Town institution that would receive funding. Ms. Walker <br /> also asked Mr. Howry about what would constitute an "undisturbed site." Mr. Howry stated <br /> that he had contacted Dave Pinsonneault and assured the Committee that the study would be a <br /> Town project so it would go through the proper channels in terms of oversight. Mr. Howry then <br /> described the construction of mills in East Lexington as an example of an undisturbed site and <br /> that his definition of the term is not about disturbance/non-disturbance per se but is about the <br /> removal of artifacts from the site. Mr. Pressman commented that the Committee has received <br /> two opinions from Town Counsel and that the study does not meet the definition of <br /> preservation. Additionally, Mr. Pressman stated that he believed that this would create a <br /> significant stumbling block to develop further affordable housing. Mr. Creech stated that there <br /> is a value in finding what is out there in terms of historical artifacts. Ms. O'Brien asked if the <br /> Committee had ever awarded a grant to an individual applicant before; Ms. Fenollosa stated <br /> that this would be the first time. <br /> Ms. Walker commented that she could not see the value of artifacts as a Town resource. Ms. <br /> Walker also commented that she was disturbed by the second opinion from Town Counsel, <br /> stating that the two opinions seemed to contradict one another. She also had questions about <br /> 3 <br />