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03/19/15 AC Minutes Article 22: Adjust Retirement COLABase for Retirees: As discussed at a previous meeting, it was noted that the Town management believes the current municipal employee retirement compensation package is relatively generous compared with other communities, and that this change would contribute not insignificantly to the Town’s unfunded pension liability. A motion was made and seconded to support Article 22. The motion failed. VOTE: 2-6 Article 23: Accept Chapter 235 of the Acts of 1994 (Regulating Pension Rights of Certain Firefighters andPolice Officers Terminated Due to a Reduction in Force):This Committee previously supported this Article 8-1. Mr.Radulescu-Banu asked to change his vote from a negative to a positive position, making the support 9-0. Article 25: Rescind Prior Borrowing Authorizations:Voting was postponed, pending further information regardinga request for such authorizations. Article 26: Establish and Appropriate to and from Specified Stabilization Funds:This Committee’s report will explainthat $45,400 from the Transportation Demand Management/ Public Transportation Stabilization Fund is being requested to help support the Rev, a shuttle service between Alewife Subway Stationand Hartwell Avenue. This is 20% of the cost. In FY2015 this Committee supported the use of reserve funds for this effort thatrepresented 40% of the cost.The Town is still working to further reduce or eliminate its subsidy by obtaining additional support from Hartwell Avenue businesses. A motion was made and seconded to support Article 26. The motion passed. VOTE: 8-0 Article 27: Appropriate to Stabilization Fund: A motion at ATM to IP this Article is anticipated. : Article 28: Appropriate from Debt Service Stabilization FundThisArticlewas previously approvedby this Committee. Ms. Masterman and Mr. Neumeier added their votes in support. Article 29: Appropriate for Prior Years’ Unpaid Bills: Voting was postponed, pending additional information. Article 30: Amend FY2015 Operating, Enterprise and CPABudgets:Votingwas postponed, pending additional information. Article 31: Appropriate for Authorized Capital Improvements: Voting was postponed, pending additional information. Article 32: Establish Qualifications for Tax Deferrals: A motion at ATM to IP this Articleis anticipated. Article 33: Authorize Home Rule Petition for Tax Relief: A motion at ATM to IP this Article is anticipated. Article 34: Accept MGLChapter 59, Section 5, Clause 54 and Set Personal Property Minimum Tax: There was discussion about how personal property values are reported. A motion was made and seconded to support Article 34. The motion passed. VOTE: 8-0 Article 35: Accept MGLChapter 90-I, Section 1 (Complete Streets Program): A motion was made and seconded to support Article 35. The motion passed. VOTE: 8-0 Article 36: Authorize Community Electrical Aggregation Program:There may be a “green” component associated with this effort. There could be multiple suppliers of electricity, but it would continue to be distributed by one company, currently Eversource. A motion was made and seconded to support Article 36.The motion passed. VOTE: 8-0 Article 41: Amend General Bylaws –Contracts and Deeds:The Town Manager has indicated that adoption of this Article is not urgent and that further clarification may be in order. A motion was made and seconded to recommend this issue be assigned to a committee for review. The motion passed. VOTE: 8-0 3