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Wednesday.<br />
We recently received notification that the state reimbursement<br />
for this project has been increased by $1.5 million. These additional funds<br />
do not change the overall project budget. They go into the <strong>Town</strong> General<br />
budget and are used to <strong>of</strong>fset bond payments.<br />
Next slide. The <strong>Falmouth</strong> High School project has been a<br />
complex one. We are as anxious as you to ensure that the project is<br />
completed within the current budget and as we begin the final stages <strong>of</strong><br />
this project, every indication is that we will meet our goals. We thank you<br />
for your patience and continued support.<br />
In the end, the current and future students <strong>of</strong> <strong>Falmouth</strong> will be<br />
the beneficiaries <strong>of</strong> a top-notch educational facility which will allow them to<br />
pursue a stellar education. Thank you.<br />
THE MODERATOR: Okay, any general questions for the<br />
Committee? Okay, microphone to my left, please.<br />
MS. MURPHY: Thank you, Mr. Moderator. Carol Murphy,<br />
Precinct 9, through you. How much money to date has been spent on<br />
legal fees <strong>of</strong> this $8 million, out <strong>of</strong> the $86 million? It’s on the third line:<br />
Management and Legal.<br />
MR. JOHNSON: I could not hear that.<br />
THE MODERATOR: The Management and Legal, the<br />
question is how much was legal.<br />
Tinkham Reporting<br />
(508) 759-9162<br />
1-<br />
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