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2016-02-08-CEC-STM1-STM2-rpt
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2016-02-08-CEC-STM1-STM2-rpt
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12/14/2022 4:19:42 PM
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2/2/2016 3:31:05 PM
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2016
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Capital Expenditures Committee
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Town Clerk
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Town Meeting CAPITAL EXPENDITURES COMMITTEE REPORT TO FEBRUARY 8, 2016, STMs 2016-1 & 2016-2
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CAPITAL EXPENDITURES COMMITTEE REPORT TO FEBRUARY 8,2016, STMs 2016-1 &2016-2 <br /> For that reason, this Committee is reporting on this matter, as we did to the 2014 Annual Town Meeting, <br /> despite the fact that all funding for the Minuteman district—including an apportionment of any capital <br /> costs—would come through the assessment process and be an expense of the Operating Budget. <br /> The current Minuteman facility is inadequate and in failing condition. This Committee joins in support <br /> for a new facility and once again, this Committee unanimously recommends approval of the Amended <br /> Agreement being presented. <br /> STM 2016-1, Article 3: Fund Funding <br /> APPROPRIATE FOR Authorization Source Committee Recommends <br /> HASTINGS SCHOOL Requested <br /> FEASIBILITY STUDY $1,500,000 GF (Candidate for Approval (5-0) <br /> Excluded Debt) <br /> "To see if the Town will vote to appropriate, borrow or transfer from available funds, an amount of <br /> money, to be expended under the direction of the Permanent Building Committee, for the costs of a <br /> feasibility study relating to the Hastings School located at 7 Crosby Road, in Lexington, for which <br /> feasibility study the Town may be eligible for a grant from the Massachusetts School Building <br /> Authority ("MSBA"). The MSBA's grant program is a non-entitlement, discretionary program based <br /> on need, as determined by the MSBA, and any costs the Town incurs in connection with the feasibility <br /> study in excess of any grant approved by and received from the MSBA shall be the sole responsibility <br /> of the Town, or act in any other manner in relation thereto." <br /> "DESCRIPTION: On January 27, 2016, the Board of the Massachusetts School Building Authority is <br /> expected to vote on Lexington's application to accept the Hastings School into the MSBA <br /> reimbursement program. If the Town's application is approved at that time, this Article would fund the <br /> first phase of the process, conducting a feasibility study." <br /> [Town Warrant for 2016-1] <br /> The Massachusetts School Building Authority (MSBA) Board of Directors did authorize an invitation to <br /> Lexington to proceed into the Eligibility Period—the 1st module (which must be completed within <br /> 270 days of that Board's authorization) in the MSBA's 8-module Building Process: <br /> MS le A Budding Process <br /> Steps prim ti1t1 fir: <br /> j111111/llff///%rf <br /> i��;�rc,�rc,�a„�rc,�rci <br /> v„Oii% lrtlrll»»iii>ll»l>I»»111 % <br /> ////1 ///, � /// /////77//,//%///�//// 001/ // D011�11JJ)JJJ)))1J11111///Ifl////�////////////// <br /> X'11 / t � , � <br /> /////� %%j/A/11 //, �� a//��i�//!/ �� 1f1»I�J1���11/,jot <br /> I <br /> ���//����/����/�� � �>rrr>r>trrl�llll»lllll�l>tl»1><l1>Il»lllll»I»I»l>� /i�i�/�� ,,,,,����/�0//ai <br /> /i <br /> % /// %%D� <11 / all��1 ( / <br /> r0;,/ <br /> 111111IJMII11OII011llllllllll O lull /%),,;`. <br /> 5.010111/1 p..Jwww.m. M..I.ulldin>. ;,urr„g/ it in / <br /> One of the requirements of the Eligibility Period is a local vote to authorize funding for the <br /> MSBA-specified Feasibility Study (FS). This Article provides for that vote and includes the information <br /> 2 <br />
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