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<br />Minutes <br />Town of Lexington Appropriation Committee <br />December 1, 2005 <br /> <br />Members Present: A. Levine (Chair), D. Brown (Vice Chair), R. Cole, J. Bartenstein, D. <br />Kanter, R. Eurich <br />Also present: Helen Cohen, Michael Young <br /> <br />The meeting was called to order at 7:40 PM by Al Levine in room G-15, Town Office <br />Building. <br /> <br />1. Rod C. agreed to take minutes. <br /> <br />2. Photo for the Town Report December 15. <br /> <br />3. Al L. will attend a meeting of various town finance committee chairs in Needham, at <br />10 am, January 7. <br /> <br />4. Discussion of meetings: <br /> <br />Capital Expenditures Committee (CEC): D.K. reported on the CEC meeting. The primary <br />topic was the municipal electric company effort. The home-rule petition is out of <br />committee, and the parallel effort for a state-wide bill is moving along. If either one <br />passes, the proponents will ask Town Meeting for $150K for a feasibility study. The next <br />step after that would be to ask for $250K for litigation with NSTAR. There would be no <br />need for a referendum vote as the bonds to set up the muni would be repaid out of <br />receipts, not town funds. The $150K and $250K would be reimbursable if the project <br />goes forward. Concerns were raised about how extreme problems would be handled, such <br />as if out-of-state crews had to be brought in to help. <br /> <br />Senior Tax Relief: The Home Rule petition to lower interest rates from a fixed 8% to <br />anything lower by vote of Town Meeting was signed into law, as was the bill providing <br />for changes in circuit breaker limits. <br /> <br />Selectmen meeting of November 21: Discussion of reducing PILOTs by 25% each year. <br /> <br />Selectmen meeting of November 28: Tax classification hearing to be next Monday. CIP <br />factor could go to 1.89. <br /> <br />5. Question: Is Carl V. thinking of increasing the AC reserve fund to cover more issues, <br />such as fire and police injuries? Michael Y.: Yes, but no amount has been settled on. <br /> <br />6. The snow and ice budget was discussed. It was felt that the amount budgeted, plus new <br />growth and reversions may not be enough to cover the snow and ice budget in a bad snow <br />year. <br /> <br /> <br />