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The subcommittee voted 5-0 to have the Town Manager draft a warrant article creating a Capital Stabilization Fund for consideration at a future Special Town Meeting.
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The proposed fund would create a framework for financing major building projects, potentially including renovations or additions, but the discussion did not approve funding it. Members considered limiting eligible projects to roughly $20 million to $50 million, with different thresholds discussed for school and other town buildings. The Town Manager will work with Town Counsel to refine the article, and the group will review it again on May 13, 2026.
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