2015-10-14-AC-min - Laserfiche WebLink

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10/14/15 AC Minutes agreed that nothing would be lost by waiting until spring, but this requires theBoard of Selectmentotake the necessary steps to support that approach. STM #2; Article 3:Transfer of Property to LexHAB: Mr. Neumeier reported that he spoke to Town Counsel, and it was agreed that this Committee should not take a position on this article, because it does not include a financial request. STM #2, Article 4: Appropriatefor Water System Improvements:Ms. Garberg added her support for this article, making this Committee’s position9-0. STM #2; Article 5: Appropriatefor Property Improvements –241Grove Street: Ms. Garberg reported that this article is expected to include an appropriation request of $177,100, which includes contingency funds for the project.This a Community Preservation Act request, which must be approved by the Community Preservation Committee.Although Ms. Garberg noted that there were some unanswered questions, it was generally understood that this appropriation was intended to be part of an article that was brought before the 2015 Annual Town Meeting(ATM), but was determined to be outside the article’s scope. This will correct that issue. A motion was made and seconded to support approvalof the article as described by Ms. Garberg. The motion passed. VOTE: 8-0 It was noted that the previous week’s vote taken on this article was supersededbecause it had supported an appropriation of no more than $100,000. STM #2; Article 6: Appropriate Funds for Fire Station Site Study: Mr. Levine reported that Joe Pato, Chair, BoS, envisions approximately $12,000 of the$25,000appropriation request for this article being used to study the current site on Bedford Street for a replacement fire station. An alternative site has not been identified, but the balance will be available to pursue alternatives, if necessary. Ms. Garberg added her support for this article, making this Committee’s position 9-0. STM #2; Article7: Amend FY2016 Operating, Enterprise Fund and Community Preservation Budgets:Mr. Adelson provided background information regarding items that maybe included in this article, as follows: There have been revised FY2016 revenue estimates based on current information (including an increase in anticipated state aid) resulting inunallocatedrevenue of approximately $994,000now available for appropriation.At the annual town meeting, the Town Manager’s original proposed contribution to the OPEB Trust Fund was reduced by approximately $600,000, but none of the articles for this STM would allow anadditional contribution to the OPEB fund now.An option being consideredunder this articleis to restore$660,000 of the unallocated revenue to the Health ClaimsTrust Fund. Recommendations for using the balance may include funding requests for a platform and ramp for the Patriots’ Day reviewing stand, for designing sidewalks around Cary Memorial Library, and for supplemental resourcesfor the Town’s electricity.It was generally agreed that this Committee would look favorably on allocating any remaining balance of unallocated revenueto the Capital Projects Stabilization Fund. Steps may be taken to use the $480,000 settlement associated with a fire engine purchase to retire the note that was used to purchase the fire engine. The settlement funds flowed to “free cash”, which has now been certified and can be accessed. If the CPA state funds for Lexington are greater than the Town estimated, those funds may be allocated into the different categories used for the CPA projects. There may be several housekeeping adjustments to the Water/Sewer Enterprise Fund budgets. 2