2016-05-04-CEC-min - Laserfiche WebLink

Browse Search

Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting May 4, 2016 Ms. Hai expressed her desire to purchase the property to provide flexibility and time to think through the issues more deliberately than can be done at this time. At the same time, she feels constrained by the SC not having a clear position. Mr. Cole and Mr. Kanter expressed general support for Ms. Hai's comments. Ms. Manz was not ready to take a position, but understands Ms. Hai's position. Ms. Barnett believes that purchasing the property is "opening Pandora's Box ", particularly given the Town's other Capital needs. It was agreed that deliberations would continue on Friday morning (the 6th), and in the meantime Committee members should review the list of considerations on the draft evaluation handout to facilitate further discussion. Ms. Hai noted that as there may be significant, public, information after the SC's meeting next Monday morning, it may be necessary to outline the issues in this Committee's report and not take a vote until Town Meeting resumes on that Monday evening. Approval of Minutes: A Motion was made and seconded to approve the Draft Minutes of the April 25, 2016, meeting and to approve them for public release. Vote: 5-0 Adjourn: A Motion was made and seconded at 9:03 A.M. to adjourn. Vote: 5-0 These Minutes were approved by the CEC at its meeting on May 9, 2016. Page 3 of 3