2017-10-16-STM-3-Warrant - Laserfiche WebLink

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ARTICLE 6 ESTABLISH AND APPROPRIATE TO AND FROM SPECIFIED STABILIZATION FUNDS To see if the Town will vote to create, amend, rename and/or appropriate sums of money to and from Stabilization Funds in accordance with Section 5B of Chapter 40 of the Massachusetts General Laws for the purposes of: (a) Section 135 Zoning By-Law, (b) Traffic Mitigation, (c) Transportation Demand Management/Public Transportation, (d) Special Education, (e) Center Improvement District, (f) Debt Service, (g)Transportation Management Overlay District, (h) Capital, and(i) Payment in Lieu of Parking, and determine whether the money shall be provided by the tax levy,by transfer from available funds, or by any combination of these methods; or act in any other manner in relation thereto. (Inserted by the Board of Selectmen) FUNDS REQUESTED: unknown at press time DESCRIPTION: This article proposes to establish and/or fund Stabilization Funds for specific purposes and to appropriate funds therefrom. Money in those funds may be invested and the interest may then become a part of the particular fund. These funds may later be appropriated for the specific designated purpose,by a two-thirds vote of an Annual or Special Town Meeting, for any lawful purpose. ARTICLE 7 AMEND REVOLVING FUND AUTHORIZATION To see if the Town will vote to make supplementary authorizations of revolving funds,to be used in conjunction with money authorized under Article 9 of the warrant for the 2017 Annual Town Meeting,to be used during the current fiscal year, or make any other adjustments to the current fiscal year authorizations that may be necessary; or act in any other manner in relation thereto. (Inserted by the Board of Selectmen) FUNDS REQUESTED: unknown at press time DESCRIPTION: This article allows for adjustments to current fiscal year(FY2018) revolving fund authorizations, as approved at the 2017 Annual Town Meeting. ARTICLE 8 APPROPRIATE DESIGN FUNDS FOR VISITORS CENTER To see if the Town will vote to raise and appropriate a sum of money for design, engineering and architectural services for the Visitors Center, including production of design development and construction documents; determine whether the money shall be provided by the tax levy,by transfer from available funds,by borrowing, or by any combination of these methods; or act in any other manner in relation thereto. (Inserted by the Board of Selectman) FUNDS REQUESTED: unknown at press time DESCRIPTION: The Visitors Center was built over 50 years ago for the Battle of Lexington Bicentennial. It is the information gateway for tourists, residents,newcomers, and corporations considering locating in Lexington. Prior Town Meetings approved funds to develop a design for an updated Visitors Center. The