2020-03-12-AC-min - Laserfiche WebLink

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03/12/2020 AC Minutes • Article 9: Establish and Continue Departmental Revolving Funds • Article 11: Appropriate for Recreation Capital Projects • Article 12: Appropriate for Municipal Capital Projects and Equipment • Article 13: Appropriate for Water System Improvements • Article 14: Appropriate for Wastewater System Improvements • Article 15: Appropriate for School Capital Projects and Equipment • Article 16: Appropriate for Public Facilities Capital Projects • Article 17: Appropriate to Post Employment Insurance Liability Fund • Article 22: Amend FY2020 Operating, Enterprise and CPA Budgets Ms. Yan voted in the affirmative on each one, and Mr. Nichols changed his abstention on Article 8 to an affirmative vote,making all of the votes on the above articles 8-0. Mr. Parker opened discussion on the following articles on which this Committee has not yet voted: • Article 5: Appropriate FY2021 Enterprise Funds Budgets: No comments • Article 18: Rescind Prior Borrowing Authorizations: To be indefinitely postponed; no vote needed. • Article 19: Establish, Dissolve and Appropriate To and From Specified Stabilization Funds: There was discussion about the portion of this article that would appropriate funds from the Affordable Housing Stabilization Fund for repairs/upgrades at Lexington Housing Authority sites. Mr. Michelson noted that the funds going into this stabilization fund are from Brookhaven, and the Brookhaven agreement indicates that the funds are to be used for new affordable housing. He does not believe that they should be used for maintenance or renovation of existing housing, as is currently proposed. Ms. Kosnoff reported that Town Counsel did not object to this use of the funds, although she understood the objection. She explained that there would be four motions associated with this article: a) appropriate funds into the Capital Stabilization Fund b) appropriate funds from the Capital Stabilization Fund c) appropriate funds into the Affordable Housing Stabilization Fund, and d) appropriate funds from the Affordable Housing Stabilization Fund. • Article 20: Appropriate from Debt Service Stabilization Fund: This Committee voted to include this article on the original consent agenda, indicating its support for the article. • Article 24: Reduce Legal Expenses: Mr. Michelson indicated his support for this article and was joined by Ms. Yan; the remainder of the Committee were opposed. • Article 34: Authorize Special Legislation-Development Surcharge for Community Housing: Ms. Yan explained that this article is requesting approval to levy a fee, to be used for affordable housing, on new development; State legislation would be required to allow the Town to implement such a fee. Because the impact of this article has not been identified, and the SB has not taken a position on it, it was decided to postpone a vote on this article. • Article 36: Amend Zoning Bylaw—Short Term Rentals: This article would affect the impact of Article 8, but those financial impacts would be rather limited. It was decided that this article would not be discussed in this Committee's report. Based on the discussion above, a motion was made and seconded to recommend approval of Article 5, Article 19 a), b), and c), and Article 20. The motion passed. VOTE: 8-0 Based on the discussion above, a motion was made and seconded to recommend approval of Article 19 d). There was a tie vote. VOTE: 4-4 3