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CAPITAL EXPENDITURES COMMITTEE REPORT TO 2018 ATM (incorporating Updates&Errata)
<br /> • Renovation of the Wright farmhouse on Grove Street as an affordable unit is underway. (See
<br /> Conservation and Open Space on Page 15.
<br /> • The 2017 ATM voted to approve $1,048,000 in CPA funding to preserve 16, existing,
<br /> affordable—housing units at Pine Grove Village/Judge's Road for which the deed restrictions were
<br /> set to expire in 2019. Of the total amount, $212,000 was allocated for the purchase and
<br /> renovation of five units to be owned and rented by the LHA. The remaining funds will be used to
<br /> purchase the deed restrictions on the remaining 11 units to maintain them as affordable in
<br /> perpetuity.
<br /> CPA-Funded Community Housing 5-Year Appropriation History
<br /> (All Sources)
<br /> FY2014 FY2015 FY2016 FY2017 FY2018
<br /> Greeley Village Renovations(LHA)1 $172,734 $263,250 $56,712
<br /> Vynebrook Village Renovations
<br /> (replacement of roofing,siding,exterior
<br /> doors)(LHA)2 $300,551
<br /> Set-aside for development of community
<br /> housing at Busa Farm on Lowell St
<br /> (LexHAB)3 $750,000
<br /> Property Purchase 241 Grove Street
<br /> (Town)4 $241,020
<br /> Purchase of an affordable unit at Keeler
<br /> Farm (LexHAB) $185,000
<br /> Affordable Units Preservation (Pine Grove
<br /> Village/Judge's Road) $1,048,000
<br /> Totals $172,734 $1,050,551 $241,020 $448,250 $1,104,712
<br /> FY2014:Total project cost was$190,734 of which$18,000 was paid by a State DHCD grant; FY 2017:Total project
<br /> cost was$317,013 of which$53,763 was paid by a State DHCD grant. FY2018: Supplemental funding to fund
<br /> included replacement of porch decking.
<br /> 2Total project cost was$901,653,of which$601,102 was paid by a State DHCD grant.
<br /> 3The 2014 ATM voted to add the requested sum of$750,000 to funds already held by LexHAB: $84,653 in unused
<br /> funds from the FY2012 allocation and $450,000 in unused funds from the FY2013 allocation;for a total of
<br /> $1,284,653 for use in building community housing at the Busa Farm site.
<br /> 4Purchase of Parcel 2 of 43,446 sq ft(just under 1 acre)was authorized at the 2015 ATM,Article 9. Closing date
<br /> was February 11, 2016.The purchase price was$520,000 and$98,000 was needed for purchase-associated costs.
<br /> The acquisition is for both Open Space (Conservation)and Community Housing.The allocation of area and the
<br /> same proportion of the total cost are 16,954 sq ft(39%)and$241,020 for Community Housing. (See Open Space&
<br /> Conservation for the balance of the area and the cost.)
<br /> Planning
<br /> The mission of the Planning Board and the Planning Department is to envision the Lexington that will
<br /> best serve the needs and preferences of its residents and to work toward realizing that vision by managing
<br /> growth and change. Among its responsibilities is transportation planning.
<br /> The Transportation Safety Group (TSG), appointed by the Town Manager, receives input from the
<br /> Commission on Disability, and the Bicycle, Sidewalk, and Transportation Advisory Committees. It brings
<br /> proposed projects or regulation changes to the Town Manager. Funding requests for project design come
<br /> from the Planning Department, which manages appropriations at the development stage. Projects should
<br /> ultimately move to the Department of Public Works for implementation. In 2017, the Planning
<br /> Department submitted a request for $100,000 to fund the work of the TSG in reviewing citizen requests,
<br /> collecting data and perfoitning analysis of projects. The Planning Department anticipates making this an
<br /> annual application so that this work can go forward without requiring individual requests to Town
<br /> Meeting for each project. (See Article 16(m).)
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