D Alexander answered questions and reviewed construction and bond estimated costs related to the Admin Bldg.  Of the $2M financing costs, $1.1M is borrowing the first 18 mos of interest payments.  

The Committee discussed options to bond financing/construction of Admin.  Neither the elementary building retrofit nor the two mobile classrooms included expanded bathroom use--which could increase costs upwards of $100K.  A third option could be to spend $1.4M to bring dining hall online--this would require significant fundraising.

The committee discussed ways to implement the winning Passion Project and keep the students involved.  Can we create a student camp to implement the PP?  Can we enlist parents to help with construction of parts?  Can we find a funder (e.g., Bulley & Andrew) to help with the costs?  The Leadership Team will confirm decision/voting date (June 1?) and method.  Enviro Work Group can develop a plan to get the work started.  Loop in A Anderson on this and the Arbor Day Campus application and September tree planting.

D Alexander reviewed the projects outlined for potential summer completion, totaling $107K.  The Committee discussed the impact of bond financing on these costs (the costs couldn't be "reimbursed" if we don't go to the bond market).  D Alexander will create a survey to start to prioritize the expenses.