2016-11-29-CEC-min - Laserfiche WebLink

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Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting November 29, 2016 If all of this project’s funds are not used in a particular fiscal year, unused funds would be used in support of future-year project(s). The Transportation Mitigation Stabilization Fund could be a funding source if the improvements are in an area where a business contributed to that fund. Another consideration is whether those Stabilization Funds should be “banked” for a larger future demand. Committee request: Provide a summary of how the prior-year funding has been, or is being, used. Future CIPs for this project need to include background information on previous years’ appropriations and use of those funds. Mr. Cole departed at 8:34 .. AM #983 Muzzey Street/Clark Street Parking Lot: Efforts to reach agreement on aggregating parking areas that include private parking lots while opening additional parking spaces to public parking have not yet been successful. While alternatives are being considered, this project is currently being slipped. Committee requests: If and when such a project were ready to request design funding, include as backup to that CIP: (1) a map of the properties involved annotated with their respective surface areas and private abutters, and (2) a summary of which written agreements have been reached with the abutting private parties. Facilities for recharging electric cars should be considered for any parking-lot project. #1016 Willard’s Woods and Wright Farm Meadow Preservation: No questions or discussion. #1017 Cotton Farm Conservation Area Improvements: A driveway easement granted to an abutting owner has expired, allowing the Town to enlarge its parking area and return some land to its natural condition. #1019 Hartwell Area Transportation Mitigation Overlay District (TMOD) Plan Update: Because of three currently scheduled construction projects for the area, the plan will be updated in FY2019. A developer on Hartwell Avenue has paid a first installment into the Town’s TMOD Mitigation Fund, which is a potential source for funding this project. Future demands on this fund will be considered before the source of funding is determined. Committee request: Provide an update on the prior understanding that the owners along Hartwell Avenue were to pay for, and have erected, Hartwell-gateway signage on that Avenue near the intersection with Bedford Street. #1024 Conservation Restriction/Trail Easement, Lexington Montessori Land: The Town is negotiating for either a conservation restriction or a license agreement to allow a trail through this land. The former would be eligible for CPA funds, but a license is more likely. The amount to be requested has not been determined. Building a trail would involve resolution of wetland issues. It was noted that a license fee would not be a capital expense, but building a trail could be. Committee request: Provide a diagram of the area, identifying relevant elements. #1030 Wright Farm—Additional Site Assessment: This funding would supplement previously received funds for preparing the site for conservation purposes. Committee request: Provide a table showing the prior funding sources related to that property and uses/expected uses of those funds. Page 3 of 4