2023-11-28-LEX250-min - Laserfiche WebLink

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○A motion was made by Ms.Barry to allocate up to $5000 total,$1000 per finalist,of ARPA funding for concept development for the Call for Artists released in 2023.The motion was seconded by Steve Conners and passed unanimously. ○MAPC staff are expecting to release and publicize the CFA within the next 10 days ●Next regional collaborative meeting:Wednesday,December 6,6:30 pm -8:30 pm,Arlington Community Center ○Attendees will include members from the 250th committees from Lexington,Arlington, Lincoln,and Concord,town staff,and representatives from Minuteman National Park and possibly Hanscom ●State 250th committee update: ○The committee has new co-chairs ○The governor will release the budget on the last Wednesday in January ●Discussion re:Lexington250.com website ○Lexington250.com is a website administered by a student without input from the Lex 250 Commission or town staff ○Mr.Malloy and others pointed out that the website has been expanded in recent months with the addition of entries on history and events ○Members shared thoughts and concerns about the site ○The site and trademark issues will be further discussed by the Select Board during a meeting to be held in executive session ●Merchandising agreement ○Merchandising agreement ■Mr.Malloy discussed the documentation that covers trademarks and the type of merchandise generally covered ■Costs of merchandise,types and quantities of items,and how the proceeds would be distributed were discussed ■Ms.Iyer shared spreadsheet with a list of merchandise to be purchased for resale at the Visitors Center and the associated costs ■Ms.Iyer requested and a license to use the logos and $75K in funding from the Lex 250 Commission to cover the cost of purchasing merchandise for resale at the Visitors Center ●If the funding request is approved right away,the Economic Development Department staff could begin ordering merchandise ●If the request has to be presented at Town Meeting,they wouldn’t receive funding until 2024 ■Questions and discussion included the following: ●Use of both logos (first place and 2nd runner up)on merchandise ●Amount of markup:50%markup profit would be expected to yield $37.5K in profit given the amount of merchandise being proposed ●Mr.Michelson and others asked about the percentage of profit that would be returned to the Lex 250 Commission.Ms.Barry and Mr.Lucente pointed out that neither the amount of the initial funding nor the amount of profit returning to the Lex 250 Commission are as yet determined