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10/20/2022 AC Minutes <br />2 <br />Office Building postage expenses. Those expenses have increased substantially because of the state <br />law changes allowing mail-in voting. <br />The second is a reduction of the temporary borrowing budget by $287,071. This reduction is <br />enabled by three developments since the ATM: (a) interest rates on some of the temporary bond <br />anticipation notes (BAN’s) issued in June were lower than anticipated; (b) the issuance of some <br />BAN’s planned for FY2022 was deferred to FY2023 because the associated projects were not yet <br />ready to move forward; BAN’s issued in FY2023 will not lead to interest or principal costs in <br />FY2023 as they are generally for a term of 12 months and interest is not due until the end of the <br />term; and (c) temporary borrowing previously authorized to cover design costs for the new Police <br />Station was reclassified from within-levy debt to exempt debt, as permitted by state law, following <br />approval in June of the debt exclusion. The reduced budget line is a precise number for FY2023 <br />temporary borrowing costs as opposed to the estimate used in April at the annual town meeting. <br />Ms. Kosnoff explained that such reductions in budgeted temporary borrowing costs are usually <br />applied to reduce the amount of borrowing. This year, the reduction allowed all new expenditures <br />recommended for appropriation at this special town meeting to be done without borrowing. <br />There was a motion and a second to recommend approval of Article 4. The motion was approved <br />by a roll call vote. VOTE: 8-0. <br /> Article 10: Pool Complex Domestic Hot Water Heater <br />Ms. Kosnoff stated that the funding source for this $60,000 appropriation would be the tax levy. <br />There was a motion and a second to recommend approval of Article 10. The motion was approved <br />by a roll call vote. VOTE: 8-0. <br /> Article 11: Center Sidewalk Extensions <br />It was stated that the proposed sidewalk extension work, in addition to aesthetic benefits, will bring <br />additional sidewalks in Lexington Center into compliance with the Americans with Disabilities Act <br />(ADA. There was a brief discussion of whether there are other sidewalks in the Center that should <br />be brought up to ADA standards. It was noted that the side-street concrete sidewalks on the south <br />side of Massachusetts Avenue were replaced and upgraded in an earlier streetscape improvement <br />project and are in relatively good condition. The concrete sidewalks on the north side of the avenue <br />now proposed for replacement with brick are in very poor condition. Mr. Osborne noted that brick <br />sidewalks may need more maintenance than other types of sidewalks. <br />There was a motion and a second to recommend approval of Article 11. The motion was approved <br />by a roll call vote. VOTE: 8-0. <br /> Article 14: LexHAB Reorganization <br />Mr. Michelson noted that the motion under this article, for which the Committee had already voted <br />to recommend approval, will be revised to state that all nominations to the board of the reorganized <br />LexHAB, including the nomination of future successor members made by the LexHAB board, will <br />be subject to Select Board confirmation. Town Counsel has advised that the reorganized entity <br />would still be recognized as being independent of the Town of Lexington even with this provision <br />in place. <br /> Additional Notes <br />There was discussion of ways to more accurately or more articulately express some of the points in <br />the sections of the draft report on Articles 9 Opioid Settlements and Article 12 Housing Trust.