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<br />CEC Subcommittee Minutes - 3 January 2001 (draft) <br /> <br />The Capital Expenditures Committee school finance subcommittee (George <br />Burnell, Tom Griffiths, Charles Hornig) met with Robin DiGiamarino and John <br />Moynihan to discuss financing options for the upcoming elementary school <br />capital project. The meeting took place from 6:30PM to 8:00PM in the school <br />administration building. <br /> <br />The town expects to sign a contract for schematic design of the 2 new <br />schools next week. The designs will be presented to a fall 2001 town meeting <br />for approval, followed by a debt exclusion special election. The design will <br />be completed, SBA approval received in 6/2002, and construction started in <br />10/2002. <br /> <br />There was much discussion of when design work on the next 2 schools (Bowman <br />and Estabrook) should start and how it should be presented to town meeting <br />and the voters. The end result was that we should proceed according to the <br />plan worked out before the 2000 town meeting: <br /> - Do schematic and partial design/development between now and summer 2001. <br /> - Present both the 2 new schools and the first two renovations to a special <br />town meeting in fall 2001 followed by a debt exclusion special election. <br /> - Finish design on the new schools and get SBAB approval in 06/2003. <br /> - Start construction in 07/2004. <br /> <br /> <br />Minutes taken and submitted by Charles Hornig. <br />