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2022-02-17-EDAC-min
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2022-02-17-EDAC-min
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3/21/2022 3:40:19 PM
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2022
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Town Clerk
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Economic Development Advisory Committee (EDAC) Meeting Minutes February 17, 2022
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RECEIVED <br /> 2022 21 l uir, 139 pim <br /> Town Of Lexington <br /> TOWN C.LERK <br /> Economic Development Advisory Committee (EDAC) <br /> February 17th, 2022 LEXINGTON <br /> Meeting Minutes <br /> Minutes for the meeting of February 17, 2022. This meeting was held remotely pursuant to Governor Baker's <br /> March 12, 2020 order suspending certain provisions of G.L. c. 30A, section 18 and subsequent orders <br /> imposing strict limitations on the number of people who may gather in one place. <br /> EDAC Members present: Rick DeAngelis (Chair), Larry Smith, Charles Minasian, David Pronchick, Bridger <br /> McGaw, Lisa Murray, Adrienne Ortyl <br /> Liaisons and Town Staff: Mark Sandeen (Select Board), Joe Pato (Select Board), Charles Hornig (Planning <br /> Board), Sandhya Iyer(Economic Development Director), <br /> The meeting was opened with a quorum present. The EDAC voted and approved the minutes from December <br /> 2021 and January 2022 by a roll call vote with Orytl, Minasian/Pronchick/Murray/McGaw/DeAngelis <br /> voting in affirmative and none in the negative. <br /> Members opened the meeting with a discussion of how to better utilize the meeting minutes and agenda <br /> capturing the context of the discussions at meetings and not just noting the decisions to the extent possible. <br /> Ms. Iyer provided the EDAC received an update on the dispersal of ARPA Funding through the Town of <br /> Lexington's Grant process. The first dispersal was for $250,000. There were 30 applications received and 12 <br /> awards made, including to 3 restaurants in town. The EDAC had previously supported grants going to <br /> restaurants as a particularly vulnerable small business. Ms. Iyer informed the Committee that the Economic <br /> Development Office is continuing to hope for additional funding for an additional 14 grantees. The EDAC <br /> requested that the Town post the recipients on the Town Website to highlight the success of this effort. <br /> Ms. Iyer also shared the RFP and plans to allocate $100K for a consultant to create a pop-up incubator space in <br /> Lexington Center with an RFP going out from the Town. EDAC members offered to help amplify this effort <br /> and the importance of activating the businesses in the Center. She also shared the town is looking at how a Tax <br /> Incremental Financing (TIF) for Life Science development and that she had joined the Town Manager in <br /> recently visiting a newly opened facility at Takeda. <br /> While visiting with Takeda, the Town Manager and Ms. Iyer discussed with officials opportunities for starting <br /> an internship program for Lexington High School students and faculty with the goal to try and initiate Pilot this <br /> spring. It was noted that MassHire is going to help support the LHS administrative work associated with the <br /> effort and that the State is interested in similar job training programs specific to supporting the growth of life <br /> science job opportunities. <br /> The EDAC received updates from Charles Hornig regarding Planning Board activity around 475 Bedford <br /> Street project and the 95-99 Hayden Street project. There was no update available on the 440 Bedford Street <br /> proj ect. <br />
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