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4 <br /> <br />how CPA funds were managed in other communities and added that while the Town uses a 5- <br />year plan for all capital projects, year-to-year changes are quite common. <br /> <br />Mr. Cronin shared that he had another meeting to attend and offered to answer additional <br />questions for the Committee. Mr. Cronin left the meeting at 5:04 PM. <br />Ms. Walker commented that while most of the CPA funds come from the Town’s tax levy, there <br />is a portion from state funding. Ms. Walker expressed concern for Recreation’s budgeting for <br />making immediate improvement to playgrounds and fields, feeling that there is little to no <br />harm delaying a Recreation project but there is significant harm delaying housing projects. Ms. <br />Weiss expressed her support for the CPC prioritizing affordable housing. <br /> <br />Ms. Stembridge expressed her thanks to the CPC for hearing about the Library project and <br />made herself available to the members for further questions. Ms. Stembridge left the meeting <br />at 5:11 PM. <br /> <br />Ms. Beebee commented that Recreation will likely play a role with field usage and availability <br />during the foreseen high school project. Mr. Pressman asked if the projected cost of the high <br />school project includes funding for fields. Ms. Kosnoff answered that the high school project <br />includes repairs to fields taken offline for construction but does not include loss of field space <br />accessibility during construction. Ms. O’Brien added that CPC’s prior funding and potential <br />future funding of the Lincoln Park fields will aid in the availability challenges during the high <br />school project. <br /> <br />Minutes- After a motion duly made and seconded, the Committee voted by a roll call vote to <br />approve the minutes from the Public Meeting on 10-19-2023 (7-0). <br /> <br />CPC Community Housing Funding Policy- The Committee discussed the Draft Community <br />Housing Funding Policy Statement, as requested by Ms. Walker, that summarized the key <br />takeaways from the Community Housing discussion during the 10-19-2023 CPC meeting. Ms. <br />Walker requested that under Position #3, the term “Community Housing funds” be changed to <br />“Community Housing bucket.” Mr. Sandeen expressed his view that the 10-19-2023 CPC <br />Meeting had reaffirmed the Committee’s policy of accepting all applications from qualified <br />applicants and therefore there is no need to have the written policy. Mr. Sandeen contended <br />that Position #2 was an acknowledgement of fact, rather than a policy; that Position #3 is <br />already current policy; and that #4 is an unnecessary restriction on future projects where debt <br />financing may be preferential to cash. Mr. Sandeen concluded that if the CPC wanted to adopt a <br />written policy, it should only state that “the CPC will welcome all applications from all qualified <br />applicants.” Mr. Pressman expressed his agreement with Mr. Sandeen that the CPC does not <br />need the written policy, especially one that only applies to housing. Ms. Krieger expressed her <br />agreement with Mr. Sandeen and shared her view that the Statement was a summation of the <br />10-19-2023 CPC Meeting and not a policy. Ms. Tung added that her understanding of the 10-19-