2016-08-17-CEC-min - Laserfiche WebLink

Browse Search

Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting August 17, 2016 (including Executive Session) Location and Time: Town Office Building, Parker Room (G-15); 9:00 .. AM Members Present: Jill Hai, ChairDavid Kanter, Vice-Chair & Clerk; Elizabeth Barnett; ; Rod Cole; Wendy Manz Members Absent: None Others Present: Suzanne Barry, Chair, Lexington Board of Selectmen (BoS); Peter Kelley, BoS; Carl Valente, Town Manager; Rob Addelson, Assistant Town Manager for Finance; Pat Goddard, Director of Public Facilities; Glenn Parker, Chair, Appropriation Committee; Elaine Ashton, Town Meeting Member (arrived at 9:36 ..) AM Documents Presented : Notice/Agenda of CEC Meeting, August 17, 2016 Map (2 views) of 171–173 Bedford St, Lexington, MA, and neighboring properties Draft #2, August 12, 2016, of Town Warrant for a September 21, 2016, Special Town Meeting (STM) 2016-5 “Shell”, August 15, 2016, for a CEC Report to STM 2016-5 Draft Minutes of the CEC Meeting, June 13, 2016 (Including Executive Session) Call to Order: At 9:00 .., Ms. Hai called this Committee’s meeting to order and declared AM that an Executive Session is warranted under the Open Meeting Law Exemption 6 to consider the purchase, exchange, lease or value of real property at 171–173 Bedford Street as the discussion in an Open Session may have a detrimental effect on the negotiating position of the Town. She moved for this Committee to go into Executive Session, including the participation of the others present at that time, with the intent to reconvene in Open Session to continue with further business of this Committee. The members of this Committee were individually polled. Vote: 5–0 This Committee was then in Executive Session. Ms. Hai explained that this Executive Session was called so that the whole Committee would have the latest information on the status of the Town’s actions regarding the potential purchase of the property at 171–173 Bedford Street under Article 2 of the draft Town Warrant for an anticipated STM 2016-5. While negotiations continue, nothing would be firm about taking positive action under that Article until a Letter of Intent to purchase is mutually agreed to and signed by both the Town and the seller. The discussion addressed what and when more-specific information, including dollar amounts and projected timelines, would be available for use in this Committee’s report to that STM. The discussion did not include this Committee taking any positions or holding any votes. At 9:36 .., Ms. Hai moved for this Committee to return to Open Session to continue with AM further business of this Committee. The members of this Committee were individually polled.Vote: 5–0 This Committee was then in Open Session. Page 1 of 2