2018-03-08-CPC-min - Laserfiche WebLink

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leasing them and the intent to make the middle units fully handicapped-accessible instead of just partially accessible. Increased construction costs have also elevated the project total. The CPC discussed the issues surrounding the use of Minuteman Technical High School students on the project. Ms. Fenollosa read aloud the Guidelines for Use of CPA Funding by LexHAB document and the CPC agreed that the proposed project fit within the guidelines. There was additional discussion about updating the document to better reflect current market trends. After a motion duly made and seconded, the CPC voted (7-0) to recommend the supplemental appropriation of$1,400,000 to Town Meeting. 3) FY2019 Debt Service- Ms. Kosnoff reviewed current available balances in the Community Preservation Fund (CPF) and current and future debt service totals. She recommended paying for the Lowell Street/Farmview project with cash but financing the CPA-portion of the Center Track and Field Reconstruction project. Responding to questions from the Committee about the available balances in the CPF, Ms. Kosnoff suggested that it may be beneficial to conduct an audit of the Community Preservation Fund and would obtain cost estimates. The Committee also requested that the CPC's Report to 2018 Annual Town Meeting include a table of committed debt service moving forward. After a motion duly made and seconded, the CPC voted (7-0) to approve $2,314,516 in debt service for fiscal year 2019. After a motion duly made and seconded, the CPC also voted (7-0) to approve bonding the Center Track and Field Reconstruction project in the amount of$2,289,000. 4) Conservation Land Acquisition-After a motion duly made and seconded, the CPC voted (7-0) to approve the indefinite postponement of the Conservation Land Acquisition, previously included on the warrant as a placeholder. 5) Re-Vote Center Track and Field Reconstruction Project- Due to the absence of two members, the CPC decided not to re-vote the Center Track and Field Reconstruction project and instead explain in its Report to 2018 Annual Town Meeting the reasoning for the initial 7-1-1 project vote. 6) CPC Report to 2018 Town Meeting-There was brief discussion regarding edits to the CPC's Report to 2018 Annual Town Meeting. The Committee decided to meet on March 22nd to approve the final submission. 7) Minutes-After a motion duly made and seconded, the minutes from the CPC meeting on December 21, 2017 were approved as submitted (7-0). 2