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04/15/15 AC Minutes Minutes Town of Lexington Appropriation Committee(AC) April15,2015 : Lexington High School,Room221, 7:00 p.m. : Glenn Parker, Chair; John Bartenstein, Vice Chair and Secretary;Alan Levine; Susan McLeish;Eric Michelson; Richard Neumeier;Andrei Radulescu-Banu; Rob Addelson(non- voting,ex officio) Members absent:Mollie Garberg;Beth Masterman Other attendees: Melisa Tintocalis, Economic Development Director The meeting was called to order at 7:04p.m. Announcements: 1.Mr. Levine cautioned that individual voting devices used during Town Meeting will sometimes powerdownif the equipment is out of the system’s range for more than 10 minutes, e.g.,when the devices are brought to this Committee’s meetings. Mr. Parker reported that there will be a hard hat tour ofthe new Lexington Community Center tomorrowat 4:00 p.m.; those interested in attending should let him know. Annual Town Meeting(ATM), Reconsideration ofArticle11(c):Appropriate for 2. Municipal Capital Projects and Equipment,Parking Meter Replacement: Mr. Addelson reviewed a spreadsheet thatprovided “crude modelling” ofexpenses and revenues for the Parking Meter Fund from FY2013 to FY2023, assuming new meters are purchased to implement a new parking program.The following points were noted: The projections include debt service associated with the purchase ofnew parking meters. Revenues are held constant from FY2015 going forward; there is no attempt to factor in revenue changes that might be triggered by new fees or resulting alterations inbehavior patterns. Thebalance in the Parking Meter Fund would drop to its lowest point in FY2022, and then begin to increase again, as it has been doing in recent years. The fundsremaining after debt service would be usedexclusivelyfor maintenance and enforcement. During the ensuing discussion, Ms. Tintocalis and Mr. Addelson clarified the following: The new parking meter plan would allowfor the use of credit cards. Credit card fees would becoveredin the police department’s operating budget. There are also costs associated with collecting cash, which will continue to be an option. The main purpose of the new program is to change parking patternsand behavior, notto increase revenue. There was general agreement that the Town should have a long-term capital plan focused on parking needs. 1