The Master Plan Implementation Committee meeting held on March 20, 2025, in Northborough, Massachusetts, focused on the financial planning for upcoming infrastructure projects. A key discussion point was the cost estimate for a sidewalk project, which is currently projected at $2 million.

The committee is considering applying for multiple funding sources to cover the costs, including $750,000 from the Municipal Vulnerability Preparedness (MVP) program, $500,000 from the Complete Streets grant, and $1.1 million from town funds. This funding strategy aims to create a robust financial buffer to address potential cost increases due to economic factors, such as tariffs and inflation.

Concerns were raised about how changes in the sidewalk configuration, particularly due to a property owner's refusal to participate, could affect the overall project costs. The committee emphasized the importance of having a healthy contingency fund to manage these uncertainties, especially since the bidding process is expected to take place in January 2026, which could lead to higher construction costs.

Overall, the meeting highlighted the committee's proactive approach to securing funding and managing potential financial risks associated with the project. The next steps will involve finalizing funding applications and preparing for the bidding process in early 2026.