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�y w-AOR yrry. Minutes of the s \�� Lexington Capital Expenditures Committee (CEC) Meeting n February 21, 2019 APRIL&", II,E XI NGT.O Location and Time: Town Office Building, Reed Room (111); 7:45 A.M. Members Present: Charles Lamb, Chair; David Kanter, Vice-Chair & Clerk; Sandy Beebee (participated remotely); Rod Cole; Frank Smith; and Wendy Manz Members Absent: None Others Present: Sara Arnold, Recording Secretary Documents Presented: • Notice of CEC Meeting, February 21, 2019 • Crosswalk of Changes—White Book to Brown Book, 2/13/2019 • CEC's Status Regarding Articles in the Warrant to the 2019 Annual Town Meeting (ATM) on which it currently plans to report as of 20 Feb 2019 (Prepared by Mr. Kanter) • Draft#3 Minutes of the CEC Meeting, February 5, 2019 • Draft Minutes of the CEC Meeting, February 13, 2019, during the Financial Summit IV Call to Order: Mr. Lamb called the meeting to order at 7:48 A.M. He gave Ms. Beebee permission to participate remotely as she was unable to attend the meeting. Mr. Lamb noted that all votes, therefore, would be by roll call. Minutes: A Motion was made and seconded to approve the Draft#3 Minutes for the February 5, 20197 CEC meeting, as amended. Roll Call Vote: 6-0 A Motion was made and seconded to approve the Draft Minutes for the February 13, 20197 CEC meeting. Ms. Beebee reported that she would abstain because she was not at the meeting. Mr. Smith reported that he also was not at that meeting, but had reviewed the Minutes and was comfortable supporting them. Roll Call Vote: 5-0-1 Financial Summit IV: Mr. Kanter noted that he didn't believe it was necessary to discuss the adjustments as presented at Summit IV in the Crosswalk of Changes that were being made between the FY2020 Town Manager's Preliminary Budget & Financing Plan ("White Book") and the projected FY2020 Recommended Budget and Financing Plan ("Brown Book") as none had Capital significance. However, he asked the Committee to endorse two requests he had made at that Summit for those Books' Section XI, Capital Investment, Table IX, "Deferred FY2020 and Proposed FY2021-FY2024 Capital Requests". After a brief discussion: • A Motion was made and seconded to endorse Mr. Kanter's request that the Table IX in these Books be expanded to be a five-year capital plan by including the budget-year—in the instant case, FY2020—requests. Roll Call Vote: 6-0 • A Motion was made and seconded to endorse Mr. Kanter's request that when funds are to be deferred, the recommended later year(s) and amount(s) for those funds be included in the Table IX. Roll Call Vote: 6-0 Final Town Warrant and Preparation of this Committee's Report to the 2019 ATM: Using Mr. Kanter's table showing the relevant Warrant Articles, his comments on their status, and those that he proposed be included in the Consent Agenda at the 2019 ATM, he led a Page 1 of 6