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Home My WebLink About2025-02-05-SBC-min (Communications Working Group) Ip Iii°` MEETING NOTES DQE Z1�.:.: ...IILi wi....ii"r -II1�.:.J1R Meeting Date: February 5, 2025 Project Name: Lexington High School Project Number: Click or tap here to enter text. Subject: LHS Communications Working Group Meeting Attendees: F Christina Dell Angelo DWMP - Project Manager (CA) Mike Burton (MB) DWM � P- Partner F Jacob Greco (JG) DWMP -Assistant Project Manager Lorainne Finnegan (LF) SMMA - Principal in Charge F Anoush Krafian ) (AK SMMA - Assistant Project Manager Mark Barrett (M1132) LHS- Public Facilities Project Manager 1Mike Cronin (MC) SBC Vice Chair & LPS Facility Director F1oe Pato J (JP) Select Board F '1Julie Hackett (JH) ..Superintendent Jon Himmel UH2) PBC Chair Kathleen Lenihan (KL) SBC Chair KseniyaSlaysky (KS) SBC Community Representative F Carolyn Kosnoff Assistant Finance Director UM) e C F Jonas Miller ommunications Director Item Ball in Cour......... Action Item Requested by ....... Court No. 1Ceiri noirnt Ia:assa:aa.ifna sett° �rr�rnr.d¢aire ��c aFnrlhliu::u::ii „r�rerrn ................................................................................................................................................................................................................................................................ .............. ........ Agenda Item Description 1. Introduction: Refer to attendees list. 2. Old Business - In the meeting, the working group and project team discussed the upcoming community meeting and the need to finalize the presentation for the following day. C.Dell Angelo mentioned that they were working on the presentation and would update the community about the member concept they had received. They also discussed the taxpayer impact, drawing from material from the previous week's Budget Summit. M.Burton suggested comparing the taxpayer impact of a Reno-only project versus the project as designed. J.Miller offered to upload the materials for the meeting to the website, and C.Dell Angelo agreed to send them to him. - They discussed the distribution of a postcard and flyer, deciding to mail them to abutters and make them available electronically for others. The team agreed to promote the abutter meeting but to also encourage observers to raise their issues and to introduce themselves by address. J.Miller suggested using regular town channels for transparency and targeting more in-depth communications directly to abutters. 3. New Business - In the meeting, the group discussed the need for careful wording and the presentation of a slide on taxpayer impact. C.Kosnoff agreed to create a model for comparison between a $300 million dollar renovation version of the High School and the current Bloom model. She also expressed her desire to present this information at the community meeting. J.Pato emphasized the need for clarity on the scope of the $300 million dollar renovation version and the inclusion of Page 2 of 4 additional space. C.Kosnoff agreed to speak to the taxpayer's impact slide herself, acknowledging the many variables and assumptions involved. - J.Pato and C.Kosnoff discussed the average annual increase and peak point of the model, which was based on current assumptions. C.Kosnoff clarified that some assumptions were unrelated to the high school and involved factors like residential and commercial real estate. J.Pato suggested using the median cost for easier multiplication. C.Kosnoff agreed to build a version of the model that allows users to input their home values. M.Burton suggested incorporating this feature on project websites. C.Kosnoff also discussed the importance of showing the impact of the debt on taxpayers and the difference between level payment and level principal in debt structure. She mentioned that she would present a model combining these factors at the next meeting. - C.Kosnoff discussed the financial impact of the project over a 10-year period for this model. C.Kosnoff explained that the project's cost would ramp up, peak around year 10, and then slowly decline. She mentioned that the project's financing would be issued in chunks over a period of about 5 years, with the peak expected around 2037 or 2038. She also noted that the actual financing structure might vary depending on market conditions and the best interest rates available at the time. J.Pato asked a related question about the town's debt issuance over a few years. 4. General Communications - The team discussed upcoming events, including a community forum and a town meeting about housing. J.Miller inquired about updating the project timeline on the website. M.Burton asked about a potential FAQ or write-up on MBTA community and capacity that K.Slaysky had been assigned but had not seen yet. - C.Dell Angelo agreed to edit the project timeline to include schematic design specifics and send it to J.Miller. M.Cronin clarified that the project timeline remains unchanged, with the same general timeline and goal end dates. J.Pato raised a concern about the disturbance of certain fields during Page 3 of 4 construction, which M.Cromn and J.Meiser confirmed would be left untouched unless the geothermal wells are placed under the existing building. 5 Close Sincerely, 11)Ul lE 111 III'"i"TllllIE;i 11 Jacob Greco Assistant Project Manager Cc: Attendees, File The above is my summation of our meeting. If you have any additions and/or corrections, please contact me for incorporation into these minutes Page 4 of 4