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fund. The motion was seconded and a vote was taken. The vote was (4-5), four in favor and five against; the motion did not pass. Mr. Adler then suggested his figure of $1,032,000, which would not include “soft costs” he had previously mentioned. There was no motion following his suggestion, however. Ms. Manz made a subsequent motion that the CPC recommend for appropriation that portion of the project that represented the ADA and code work, some 65% for a total of $1,185,523. The motion was seconded and a vote taken. The vote was (3-5), three in favor and five against; the motion did not pass. Mr. Wolk then offered a compromise to this position, and made a motion to recommend $1,500,000 in funding for the project. A vote was taken on this amount, and the CPC voted (6-3), six in favor and three against. The motion was passed and the CPC agreed to recommend for funding $1.5 million of the $1.825 million dollar project. 2.Prioritizing Projects – Ms. Weiss opened the discussion about prioritizing projects. Ms. Krieger stated her opinion that it was very difficult to prioritize projects and felt they needed to be evaluated individually. This led to a discussion of bonding as an avenue to giving the CPC more flexibility in project selection. Ms. Weiss said she was opposed to bonding, citing the Busa bond, which had created a large debt service for the next two years. 3.Cotton Farm Acquisition – The Committee discussed the Cotton Farm acquisition, and Ms. Shaw expressed her dismay that the appraisal had not yet been made public. Mr. Cohen explained that Ms. Mullins and the Board of Selectmen had commissioned the appraisal. Committee members expressed serious reservations about the acquisition cost associated with the appraisal, which was approximately one million dollars per acre. Members discussed the Lexington Gardens property which had been on the market for $3.4 million for 11 acres. Mr. Adler felt that such a high cost for Cotton Farm would set a dangerous precedent for the CPC. Ms. Stoltz of the Capital Expenditures Committee questioned whether the Town needed to own the land or could just purchase an easement across the property. 4.Town Meeting Schedule – The Committee noted that there would be an indefinite postponement of Article 10, the purchase of land off Farm Road (the Goldinger parcel). The Committee noted that the Public Hearing for the th Cotton Farm property would most likely be scheduled for April 8at 7:00 pm. The meeting was adjourned at 4:02 pm. Respectfully submitted, Nathalie Rice Administrative Assistant Community Preservation Committee 3