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March 24, 2021 Adjourned Session of the 2021 Annual Town Meeting cont'd... <br /> ARTICLE 16: APPROPRIATE FOR PUBLIC FACILITIES CAPITAL PROJECTS <br /> MOTION: That the following amounts be appropriated for the following capital improvements <br /> to public facilities and that each amount be raised as follows: <br /> a. Public Facilities Bid Documents - $100,000 for professional services to produce design <br /> development, construction documents, and bid administration services for capital projects <br /> and all incidental costs related thereto, and that to meet this appropriation $100,000 be <br /> appropriated from the General Fund unreserved fund balance; <br /> b. Facility and Site Improvements - $250,000 for building flooring programs, school paving <br /> and sidewalk improvement programs, and school traffic safety improvements and all <br /> incidental costs related thereto, and that to meet this appropriation $250,000 be <br /> appropriated from the General Fund unreserved fund balance; <br /> c. Public Facilities Mechanical/Electrical System Replacements - $728,000 for replacement <br /> of HVAC and electrical systems that have exceeded their useful life, and that to meet this <br /> appropriation the Treasurer, with the approval of the Select Board, is authorized to <br /> borrow $728,000 under G.L. c 44, §7(1), or any other enabling authority. Any premium <br /> received by the Town upon the sale of any bonds or notes approved by this vote, less any <br /> such premium applied to the payment of the costs of issuance of such bonds or notes, <br /> may be applied to the payment of costs approved by this vote in accordance with G.L. c <br /> 44, §20, thereby reducing the amount authorized to be borrowed to pay such costs by a <br /> like amount; <br /> d. Municipal Building Envelopes and Associated Systems - $214,186 for extraordinary <br /> repairs and modifications to municipal buildings and systems, and that to meet this <br /> appropriation $214,186 be raised in the tax levy; <br /> e. Town-wide Roofing Program - $528,000 for replacing the roof at the Town Office <br /> Building and Cary Memorial Building, including the payment of all costs incidental or <br /> related thereto, which would materially extend the useful life of the buildings; and that to <br /> meet this appropriation, the Treasurer, with the approval of the Select Board, is <br /> authorized to borrow $528,000 under G.L. c 44, §7(1), or any other enabling authority. <br /> Any premium received by the Town upon the sale of any bonds or notes approved by this <br /> vote, less any such premium applied to the payment of the costs of issuance of such <br /> bonds or notes, may be applied to the payment of costs approved by this vote in <br /> accordance with G.L. c 44, §20, thereby reducing the amount authorized to be borrowed <br /> to pay such costs by a like amount; <br /> f. School Building Envelopes and Associated Systems - $245,199 for extraordinary repairs <br /> and modifications to school buildings and systems, and that to meet this appropriation <br /> $245,199 be appropriated from the General Fund unreserved fund balance; <br /> i. HVAC Improvements —That this article be indefinitely postponed. <br /> ARTICLE 18: RESCIND PRIOR BORROWING AUTHORIZATIONS <br /> MOTION: That the unused borrowing authorities as set forth below be and are hereby <br /> rescinded: <br /> Town Meeting Amount to be <br /> Article Action Project Description Rescinded <br /> 2A 2016 STM-5 Land Acquisition— 171-173 Bedford St. $ 26,296.50 <br /> 16H 2018 ATM DPW Equipment $ 109,500.00 <br /> 19 2018 ATM School Technology Systems $ 125,300 00 <br /> ARTICLE 20: APPROPRIATE FOR PRIOR YEARS' UNPAID BILLS <br /> MOTION: That this article be indefinitely postponed. <br /> ARTICLE 22: APPROPRIATE FOR AUTHORIZED CAPITAL IMPROVEMENTS <br /> MOTION: That this article be indefinitely postponed. <br /> ARTICLE 23: APPROPRIATE FROM DEBT SERVICE STABILIZATION FUND <br /> MOTION: That $124,057 be appropriated from the Debt Service Stabilization Fund to offset <br /> the FY2022 debt service of the bond dated February 1, 2003 issued for funding additions and <br /> renovations to the Lexington High School, Clarke Middle School and Diamond Middle School <br /> as refunded with bonds dated December 8, 2011. <br />