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<br /> March 28, 2007 <br />Minutes <br />Town of Lexington Appropriation Committee <br />March 28, 2007 <br /> <br />Place and time: Cary Memorial Bldg., Legion Room, 6:30 P.M., Wednesday, March 28, <br />2007 <br /> <br />Members present: Alan Levine (Chair), Deborah Brown (Vice Chair), John Bartenstein <br />(Secretary), Rod Cole, Richard Eurich, Pam Hoffman, David Kanter, Michael Kennealy, <br />Eric Michelson, Rob Addelson (ex officio, nonvoting) <br /> <br /> <br />The meeting was called to order at 6:39 P.M. with a quorum present. <br /> <br />1. The first topic of business was the proposed $150K for building envelope. <br />The concern was raised as to what this was to cover. Rob Addelson <br />reported that the intent is that the Town Manager has discretion. There is a <br />list of items currently identified as needing funding, but if something else <br />arises the money could be redirected. The currently identified items <br />include $8,210 for HVAC, $877 for sound system work, $1,600 for the <br />phone system, and $35,000 for code-related improvements to the second <br />floor of the Town Office Bldg. <br /> <br />2. Some details of the actuarial report for the town’s unfunded health <br />benefits liabilities were discussed. The unfunded liabilities have a pay-as- <br />you-go cost over the next 30 years of about $4 million per year, with <br />another $3 million per year needed to build the fund to fully funded status. <br />The report will be presented to the Board of Selectmen on April 18. <br /> <br />3. A brief discussion of Ben Cohen’s tax relief article was held. It is unclear <br />if he will go forward with his article. <br /> <br />The Chair will post a meeting for Monday at 8:00 AM. <br /> <br />The meeting was adjourned at 7:20 p.m. <br /> <br />Respectfully submitted, <br /> <br />Rod Cole <br /> <br /> <br />Approved January 3, 2008 <br />