2017-01-19-AC-min - Laserfiche WebLink

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01/19/2017 AC Minutes McKenna believes the cost of the building can be reduced to closer to $3.0 million. Additional design work would be needed to revise the schematic design to be consistent with this lower cost. Ms. McKenna suggested that potential funding sources to service the debt could include income from the gift shop as well as contributions from the Liberty Ride revolving fund. She also noted that the $7.7 million being suggested for allocation into the Capital Stabilization Fund could be reduced. Some Committee members suggested that the article might have a better chance of passage if limited at this point to appropriating the additional designs costs necessary to update the design. Ms. McKenna added that funding for an exhibit designer is needed as well. 5. Planning for Annual Town Meeting Report Mr. Bartenstein reported that he has started talking to the AC members about assignments for the AC report. 6. Adjourn The Committee adjourned at 9:38 p.m. The documents used at the meeting are listed below. Respectfully submitted, Sara Arnold, Recording Secretary Approved: February 2, 2017 Exhibits • Agenda, posted by John Bartenstein, Acting Chair • Excerpt from DiNisco report presented to the School Committee on 11/1/16 on Pelham Road option for Lexington Children's Place • 173 Bedford Street Floor Plans: existing and proposed first floor • 173 Bedford Street Proposed Site Plan 4