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4/3/13 Minutes HOME funds are used to support affordable housing. Lexington has some reporting requirements but they are not onerous. There do not appear to be any significant disadvantages to staying in the consortium, and the Town is currently eligible to receive $170,000 for a housing project on Massachusetts Avenue near Pleasant Street. There was a motion to recommend that Lexington remain in the HOME consortium, with the understanding that the concessions proposed by Newton will become part of the new consortium agreement. The motion passed. VOTE: 8 -0 3. Fiscal Year 2014 Budget Articles: Article 23 (Appropriate for Prior Years' Unpaid Bills): Mr. Addelson reported that the Town has received bills from Siemens, Inc., for FY2009, FY2010, and FY2011 street light work. The bills total approximately $38,000. Siemens experienced billing problems when it acquired Republic ITS, Inc., the original vendor. When the bills were received, William Hadley, Director of Public Works, reviewed them to ensure they were legitimate. Although Mr. Hadley is still reviewing some details, it appears that the Town is responsible for these expenses. Free cash and the current FY2013 operating budget are two potential funding sources for the obligations. The motion for Town Meeting will specify the funding source. At least one Committee member expressed a mild preference for using FY2013 funds, noting that should this unduly stress the FY2013 budget, a Reserve Fund transfer could then be in order. Article 19 (Rescind Prior Borrowing Authorizations): Mr. Addelson reported that there are five articles from prior Town Meetings that have excess appropriated funds. There was a motion to support Article 19 as outlined in the motion distributed to Town Meeting members. The motion passed. VOTE: 8 -0 Article 20 (Establish and Appropriate To and From Specified Stabilization Funds): Mr. Addelson reported that this article will be amended to make a technical correction Article 14 (Appropriate for Public Facilities Capital Projects): This article may be postponed until Monday. There are some questions about the demand on the print shop given the increased use of technology. The meeting was adjourned at 7:27 p.m. A list of documents and other exhibits used at the meeting is attached. Respectfully submitted, Sara Arnold Recording Secretary Approved May 9, 2013 2