1. The Stadium Project The Memorial Field at the Institution for Savings Stadium

2. The Agenda  The Current Facility  Project Planning and Design  Cost and Funding  Environmental Impact  The Approval Process  Paying for the Project  Recent Approval Process Changes  Completing and Using the Stadium  Engaging Popular Support

3. The Status of the Facility The Bleachers: condemned The Track: unsafe for competition use The Field:too small for soccer and lacrosse cuts up in wet weather - downtime no power supply

4. Planning and Design fenced, synthetic turf field to provide for football, soccer, lacrosse and field hockey to MIAA standards six lane track with eight lane straightaway 1,500 capacity bleachers on the home side of the field - visitors bleachers removed to enable field to be widened without encroaching onto the wetlands relocated and improved, low glare lighting amenities building required to provide sufficient restrooms to meet code; includes concession stand, secure ticket office, and team room

5. Cost and Funding o Cost: $4m o Institution for Savings has earmarked a donation of $525,000, and offered an additional $75,000 o Fund raising has produced about $110,00 so far o $175,000 available from gate receipts to cover the project development costs o It is estimated that revenues generated by the facility will more than offset the periodic costs of resurfacing the track and relaying the field carpet o The lighting will be energy efficient o Interests rates are currently low o Cost per town over 20 years: about $70,000 per annum

6. Environmental Impact a safe, well lit playing surface no encroachment on the wetlands slower field surface run off no grass fertilizer/chemical run-off energy efficient lighting

7. The Approval Process The School Committee: approves the plan and design, and votes to “incur debt”. Once the committee takes that vote the towns have sixty days in which to hold a town meeting to make a funding decision. If no town meeting is held the funding is automatically approved. The Towns: have responsibility for deciding whether or not to fund the debt and, if so, how to meet the costs.

8. Paying for the Project o Gate Receipts: planning, design and permitting o Donations o The towns may decide either to fund their share of the costs through their general operating budget or ballot their citizens for approval of a debt exclusion o A debt exclusion is where taxes are raised for a specific purpose and for a specific period of time.

9. Recent Changes The original plan was for the School Committee to vote to incur debt in March with a view to the towns making their funding decision at Town Meetings in May However, current budget problems have resulted in a different approach Newbury and Rowley decided very recently to hold debt exclusion ballots in May – prior to the School Committee vote to incur debt. Rowley – May 4. Newbury – May 22 The School Committee is expected to vote to incur debt in the early fall prior to special town meetings of all three towns.

10. Completing and Using the Stadium Completing the Project If the process goes as now planned the project would go out to bid in February (a favorable time), with construction taking place in the spring for a summer/fall 2016 opening Who will use the stadium? Triton football, soccer, lacrosse, field hockey, track and field, cheerleaders, and marching band/color guard Other organizations who choose to rent the facility

11. Engaging Popular Support District employees may not use district resources or facilities to promote the project directly. The success of the project rests on the willingness of stakeholders in the community to network through friends and relatives to ensure successful ballot outcomes.

12. Questions and Answers Go Vikings!