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10/22/15 AC Minutes Amotion was made and seconded to support indefinite postponement (IP)of this articleon the ground that the issue could be brought up again at the spring 2016 Annual Town Meeting when more information might be available. The motion failed. VOTE: 3-4. A motion wasthenmade and seconded to support Article 2. The motion failed. VOTE: 1-4- 2.Mr. Michelson, who is preparing theCommittee’s report on this Article, will include in his write-up a discussion of both the majority and minority positions. STM #2; Article 3:Transfer of Property to LexHAB: TheCommitteewill not takea position on this article, because it does not include a financial request. STM #2, Article 4: Appropriation for Water System Improvements:Mr. Addelson reported that the funding request for this article has been increased from $2.2 million to $2.5 million and that it will be financed by a combination of borrowing and $400,000 from water enterprise fundretained earnings, which currently stand at approximately $1.8 million. A motion was made and seconded to support the appropriation request as revised. The motion passed. VOTE: 7-0 STM #2; Article 5: Appropriatefor Property Improvements –241Grove Street: Ms. Garberg reported that the funding request for this article has been increased from$177,100 to $200,000 to include possible requirementsidentified by the Historical Commission.A motion was made and seconded to support the article as revised.Themotion passed. VOTE: 7-0 STM #2; Article 6: Appropriate Funds for Fire Station Site Study: Mr. Levine reported that according to a previous study, it is possible to build a new fire station at the current fire station headquarters site,butmore study is required because the site is very constrained. It was clarified that the funding request is for $20,000. STM #2; Article7: Amend FY2016 Operating, Enterprise Fund and Community Preservation Budgets:Using a handout, Mr. Addelson reviewed the items that will be included in Article 7.A motion was made and seconded to support Article 7, as described. The motion passed. VOTE: 7-0 STM #2; Article 8: Appropriate to and from Specified Stabilization Funds: Using a handout, Mr. Addelson identified amounts to be appropriated into stabilization funds under Article 8.A motion was made and seconded to support Article 8, as described. The motion passed. VOTE: 7-0 STM #2; Article 9: Appropriate for Authorized Capital Improvements: It is anticipated that this article will be indefinitely postponed. STM #2; Article 10: Appropriate for Prior Years’ Unpaid Bills: Mr. Radulescu-Banu added his vote in support of this article,making the vote now 9-0. November 2, 2015 STM #1: 3.In preparationfor STM #1, which includes funding requests for school projects, Mr. Radulescu-Banu distributed a handout showing the rate of inflation in 2