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71-164 Selectmen’s Meeting May 1, 2017 A meeting of the Lexington Board of Selectmen was called to order at 7:00 p.m. on Monday, May 1, 2017 in the Selectmen’s Meeting Room of the Town Office Building. Ms. Barry, Chairman; Mr. Kelley; Mr. Pato; and Mr. Lucente were present as well as Mr. Valente, Town Manager; and Ms. Katzenback Assistant to the Executive Clerk. Also present was Liz Rust, Regional Housing Services Offices (RHSO) Selectmen Concerns and Liaison Report Ms. Barry stated she and Mr. Lucente attended the Arbor Day Celebration and noted the DPW planted two Magnolia trees in front of 201 Bedford Street that were planted in memory of those have passed. Mr. Pato said he attended the Arbor Day Celebration and noted the Garden Club planted trees in memory of those club members who have passed away. Mr. Pato stated a Public hearing was held on April 27, 2017 for the LexMedia contract and noted the comment period is open and will be formally closed at the next Board of Selectmen meeting targeted for May 22, 2017. Public Hearing: Keeler Farm LIP, HOME Funding Agreement and Action Plan Ms. Barry opened the Public Hearing at 7:04 p.m. Ms. Rust, RHSO, explained this project is to fund the acquisition of 5 Keeler Farm Way by LexHAB through CPA and HOME funds, market and lease the unit through DHCD approved guidelines to a household at 50% of the Boston-Cambridge-Quincy Area Median Income, and to record the unit on the SHI. The project budget is $199,000 which includes $185,000 for acquisition and $14,000 for legal ($3k, marketing $7k, and consulting $4k). The funds to be used for this project are: FY16 HOME Funds: $34,671, FY17 HOME Funds: $42,442, Competitive HOME Fund Award: $66,287 and CPA Funds $55,600 On motion duly made and seconded, the Board of Selectmen voted 4-0 to approve a substantial amendment to the HOME Annual Action plan to direct the HOME funds to the Keeler Farm project. On motion duly made and seconded, the Board of Selectmen voted 4-0 to the HOME funding of the Keeler Farm project of $143,400, authorizing the Town Manager to sign the HOME Funding Agreement and the HOME Affordable Housing Restriction. On motion duly made and seconded, the Board of Selectmen voted 4-0 to approve and Sign the LIP Application. Ms. Barry closed the Public Hearing at 7:09 p.m.