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RECEIVED b g'PAq�S NB Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting a�p � �� :a, u:a�� xx roN INR CLERK January 20, 2022 LEXING,rON MA APRIL 19" ,AINGI, Location and Time: Remote Meeting; 8:00 A.M. CEC Members Present (remote participation): Charles Lamb, Chair; David Kanter, Vice-Chair & Clerk; Sandy Beebee; Mike Boudett; Rod Cole; and Frank Smith CEC Members Absent: None Others Present (remote participation): Other Lexington Committees: Glenn Parker, Chair, Appropriation Committee (AC) liaison; Scott Bokun and Sara Cuthbertson, School Committee liaisons; Staff: Finance Department: Sara Arnold, Recording Secretary Documents Presented: • Notice of Public Meeting/Agenda CEC Meeting, January 20, 2022 • CEC Officers, Subject Areas & Liaison Assignments, 7 Oct 2021 • Shell CEC Report to 2022 Annual Town Meeting (ATM) & Special Town Meeting (STM) 2022-1 Call to Order Mr. Lamb called this Remote (Virtual) Meeting, which had been posted as such, to order at 8:02 A.M. As the Committee members present had been previously advised of the special conditions of this meeting, he passed on repeating them (i.e., the authority to not require a physical presence of a quorum and other selected terms under the Open Meeting Law in legislation signed on June 16th of this year by Massachusetts Governor Charles D. Baker). Mr. Lamb advised that materials provided electronically to the Committee or presented at the meeting, would be available upon request and are those listed in the Minutes as Documents Presented. Any votes during this meeting would be taken by a roll call. Further, this meeting would be recorded to assist in preparing Minutes, and the recording would be deleted once the Minutes are approved. Mr. Lamb took a roll-call attendance, determining that all six members were present. Mr. Lamb introduced Mr. Boudett, who was appointed to this Committee two days ago and welcomed him to this Committee. Mr. Boudett stated his appreciation of the appointment and explained his interests and experiences which he brings to the Committee. All the other members identified themselves and extended their welcomes, too. Committee's Report to the 2022 ATM and STM 2022-1 Mr. Lamb reviewed the process for creating this Committee's report to Town Meeting. Members of the Committee prepare material for Warrant Articles that have a Capital component and report this Committee's recommendations. Additionally, members prepare front-matter information on all the Town's Departments and Offices with whom the Committee works on Capital matters. All that information would assist readers in understanding the issues related to Capital expenses. Mr. Kanter noted that the report contains a directed Five-Year Capital Plan (5YCP). It is based on the Town's 5YCP in each Fiscal Year's Recommended Budget & Financing Plan (Brown Book)—and the Committee uses footnotes to document the basis for any changes made in this Committee's Plan from the Town's Plan. Page 1 of 3