2016-03-21-CEC-ATM-rpt - Laserfiche WebLink

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CAPITAL EXPENDITURES COMMITTEE REPORT TO 2016 ATM Project Description (CPA Category Amount Requested Funding Source Committee Recommends (c) Lexington Arts & Crafts Society Parsons Gallery Lighting Renovation (Historic Resources) $24,280 CPF (Cash) Disapproval (5 -0) "The Lexington Arts and Crafts Society plans to remove and replace the lighting system in its Parsons Gallery and requests $24,280 in CPA funds to complete the renovation. The Society is also contributing private funds towards the project. After 40 years of use, the existing light fixtures are worn, some are electrically unsafe or cannot be aimed or adjusted and the track system is failing in some locations. The proposal includes replacement of all current fixtures and the track system with an LED system designed for an art gallery." [Brown Book, Page XI -25] While not challenging this project's eligibility under the CPA, this Committee does not consider the use of our CPF for only interior renovation to a private structure to be a good use of those fiuna's and believes it would set an unwarranted precedent. For these reasons the Committee unanimously opposes the request. Project Description (CPA Category) Amount Requested Funding Source Committee Recommends (d) Visitors Center Renovation (Historic Resources) N/A N/A Indefinite Postponement (5 -0) [Town Warrant, Page 12] Project Description (CPA Category) Amount Requested Funding Source Committee Recommends (e) Keeler Farm Community Housing Acquisition (Community Housing) $185,000 CPF (Cash) Approval (5 -0) "LexHAB requested $185,000 to potentially fund the purchase of one unit of affordable housing at the new Keeler Farm development. The request was presented as a placeholder since LexHAB is pursuing alternate funding for the purchase. If received, the alternate funding would be used to offset a portion of the purchase price for the property." [Brown Book, Page XI -25] The purchase is expected to close this May. While this project is requesting the full amount from the CPF, the Town has a currently available $34,671 share of the Federal grant under the U.S. Department of Housing and Urban Development's HOME Investment Partnerships Program (HOME) and is expecting to have available about the same amount in the next round of HOME funds. (That next round's funds are expected to be available this November.) As both of amounts are provided to the Town, they will be deposited in the CPF — effectively reimbursing the CPF. Project Description (CPA Category) Amount Requested Funding Source Committee Recommends (f) Greeley Village Rear Door and Porch Preservation (Community Housing $263,250 CPF (Cash) Approval (5 -0) "The Lexington Housing Authority (LHA) requests CPA funds to help finance the preservation of all rear exit doors and porches at Greeley Village. LHA has identified the failing doors and porches as priority needs and will utilize CPA funds in conjunction with an allocation received from the State. The proposal includes replacement of the dilapidated rear doors with new doors and doorframes. The rear porches would be rehabilitated with new steps and railings." 35