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Town of Lexington <br /> �\OVS MOP <br /> �� o <br /> s - <br /> 3 <br /> APRIL 19" <br /> J <br /> Economic Development Advisory Committee (EDAC) <br /> Minutes of Meeting July 15, 2021 <br /> A meeting of the EDAC was held virtually on Thursday, July 151h, 2021 at 8:00 a.m. via zoom. <br /> Members Present: Rick DeAngelis, Chair; John McWeeney, Charlie Minasian; Co-Vice Chair <br /> George Burnnell, Co-Vice Chair Larry Smith, Vice Chair; Lisa Murray; Bridger McGaw; David <br /> Pronchick; Mark Sandeen, BOS liaison; Joe Pato, BOS liaison; Charles Hornig, Planning Board <br /> liaison <br /> Staff Present: Sandhya Iyer, Casey Hagerty <br /> Guests Present: Representative Michelle Ciccolo, Rob Anderson, MassDevelopment <br /> 8:00am The meeting was called to order. <br /> 1) Review PACE program with Mass Development <br /> Rob Anderson, Vice President of Business Development with MassDevelopment <br /> presented details regarding the Pace Program. The committee discussed if there were <br /> existing examples of municipalities or developer that have taken advantage of this <br /> program. Rob shared additional materials and one-pager with the committee to review. <br /> 2) Lincoln Lab project updates <br /> David Pronchick and Michael Menadue presented MIT Lincoln Labs expansion plans <br /> that would be starting as soon as December 2021. The committee discussed the outcomes <br /> and advantages of this expansion. <br /> 3) Review 2021 Economic Development Report <br /> Sandhya Iyer presented the ED summary report for 2021 with Brandon Latham and <br /> Casey Hagerty. The committee discussed and suggested to expand on some of the <br /> findings to add goals, implementation, and outcomes of some of the projects that were <br /> highlighted in the ED summary report. The staff discussed that they will be working on <br /> the Business Guide that is part of the Select Board goals and the Comprehensive plan. <br /> Approve Minutes <br /> a. May 20th, 2021 <br /> Motion to approve the minutes of May 20'', 2021 made by Mr. Pronchick and seconded by Ms. <br /> Murray. By roll call vote,the committee passed the motion 7-0. <br /> 9:51am <br /> Motion to adjourn made by Mr. Smith and seconded by Mr. Minassian. The motion was <br /> approved 7-0 by a roll call vote. <br /> Respectfully submitted, <br />