The Town of Wenham Finance and Advisory Committee meeting included introductions of new and existing members with backgrounds in finance, economics, and public service, including Bob, David Doggett (Morgan Stanley), Sarah Bishop (Millennium Challenge Corporation), Alex (small business owner), and Tom (Hanscom Field CFO). The committee discussed the Iron Rail property, reviewing financials (FY24 rental income: $172,000; rehab estimate: $6 million; annual debt service: $441,000), and considered options such as long-term ground lease versus sale, with input from Kate and Steve. Site 3 housing development scenarios were analyzed for school impact and tax revenue, referencing Chapter 40Y and Three-A studies. The committee also addressed liaison assignments, upcoming capital planning, and budget drivers like education, insurance, and public safety regionalization.