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CEC - Capital Expenditures Committee Charge - 2006
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CEC - Capital Expenditures Committee Charge - 2006
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Charge - CEC - Capital Expenditures Committee
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<br />CAPITAL EXPENDITURES COMMITTEE <br />Members: 5 <br />Appointed by: Town Moderator <br />Length of Term: 3 years <br />Appointments made: July 1 <br />Meeting Times: Varies during the year <br />Description: The Capital Expenditures Committee makes recommendations to Town Meeting concerning capital <br />expenditures requests from Town boards and departments that may be required within the ensuing five-year period. <br />The Committee considers the relative need, timing, and cost of these projects; the adequacy thereof; and the effect <br />these expenditures might have on the financial position of the town. Prior to each annual Town Meeting, the <br />Committee prepares, publishes, and distributes a report of its recommendations as to the projects to be undertaken <br />within the 5-year period and the approximate dates when each should be started. <br />Criteria for Membership: The Capital Expenditures Committee consists of five voters (Persons chosen are usually <br />those with a demonstrated concern for capital improvement planning and budgeting. In addition, experience in <br />finance or business, construction and computers is helpful on this committee.) Committee members may not be <br />town officers or employees (other than Town Meeting members) nor may members serve on any other board, <br />committee, or commission of the town or in any subcommittee appointed by any other town official, board, <br />committee, or commission. Members may serve on special committees that may be created from time to time by <br />vote of the Town Meeting when such vote expressly authorizes a member to serve. <br />Ref.: Lexington Code Chapter 29 §12-14 <br />Selectmen designated as Special Municipal Employees on April 24, 1963. <br />Selectmen reaffirmed designation as Special Municipal Employees on January 18, 2006. <br />
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