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Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting <br />March 8, 2016 <br /> Article 15: Appropriate for Public Facilities Capital Projects: <br /> (k) Munroe School Roof:Mr. Kanter reported that the Town’s license agreement <br />with the Munroe Center for the Arts is to be amended to include full <br />reimbursement to the Town. This Committee does not expect the Town to issue <br />the debt until after the amended license agreement is in effect and would like to <br />see the new agreement. <br /> A Motion was made and seconded to support funding for the project with that <br />reimbursement condition. Vote: 5–0 <br /> Article 16: Appropriate For Advice And Analysis—Getting To Net Zero:The request <br />is for $40,000. <br />A Motion was made and seconded to oppose funding for the project. Vote: 5–0 <br /> Article 19: Appropriate Bonds and Notes Premiums: <br />A Motion was made and seconded to support IP of this Article. Vote: 5–0 <br /> Article 20: Rescind Prior Borrowing Authorizations:There was support for this <br />Article, although specifics are not yet known. <br />A Motion was made and seconded to approve the Committee’s Report to 2016 Annual <br />Town Meeting (ATM) & 2016 Special Town Meeting (STM) 2016-3 based on the Draft #4 <br />as adjusted to accommodate the discussion and votes at this meeting, and with the Chair <br />and Vice-Chair having the authority to make non-substantive changes. Vote: 5–0 <br />Ms. Barnett departed at 9:16 .. <br />AM <br />There was a brief discussion about Ms. Hai working on the Executive Summary and all the <br />members considering the product provided by Mr. Kanter on the Five-Year Capital Plan in <br />th <br />preparation for the March 10 meeting. <br />Adjourn: <br />A Motion was made and seconded at 9:18 .. to adjourn.Vote: 4–0 <br />AM <br />These Minutes were approved by the CEC at its meeting on March 30, 2016. <br />Page 3 of 3 <br />