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Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting Date, Place, and Location: April 20, 2012 9:00 A.M., Cary Memorial Building, Ellen Stone Room Members Present: Ted Edson, Vice - Chair; Bill Hurley; Shirley Stolz; David Kanter Member Absent: Charles Lamb, Chair Documents Presented: 1. Mr. Kanter's E -Mail, April 18, 2012 11:49 EDT, Subj: Supplemental Funding for Cary Library Energy Management Systems (2010 Annual Town Meeting (ATM), Art. 16(f)) 2. Mr. Alan M. Levine's Paper, April 17, 2012, "An Analysis of Policy Issues concerning the Funding of Future Liabilities for Health Insurance for Retired Employees (OPEB) of the Town of Lexington Call to Order: Mr. Edson called the meeting to order at 9:02 A.M. Supplemental Funding for Cary Library Energy Management Systems (EMS) The Committee discussed Mr. Kanter's e-mail that provided additional information regarding the included request by Mr. Pat Goddard, Director of Lexington's Department of Public Facilities, for the Committee's questions or concerns over the use of available, prior - year, Building Envelope funding (2007 ATM, Article 31(j)) to complete the funding for the Library's new EMS. Mr. Kanter said his concern was that the scope of the Motion for that funding was much narrower than what is being used now. He reported the 2007 Motion did not include "and Systems" and the purpose was "for remodeling, reconstructing and making extraordinary repairs to municipal buildings "; therefore, he did not consider it covered an EMS upgrade. The other members agreed. It was moved and seconded not to concur with the use of the Building Envelope funds appropriated by the 2007 ATM toward the Cary Memorial Library EMS —and for Mr. Kanter so to advise Mr. Goddard. Vote: 4 -0. Revisit Committee's Opinion on Supplemental FY2013 Funding to the Post Employment Insurance Liability Fund for the Other Post - Employment Benefits (OPEB) Under the 2012 ATM, Article 18, it is contemplated to continue making annual contributions to that fund —with most of the funding coming from the Federal reimbursement to the Town for the prescription -drug coverage it provided to its retirees in lieu of Medicare Part D coverage. The originally contemplated dollar amount is $500,000; however, at the Budget Collaboration— Summit Meeting 7 on April 11, 2012, the four members of this Committee present at that Summit expressed the opinion that it was reasonable to add another $500,000 from projected FY2013 health- benefits savings as a result of the Town and its employees having agreed to move the health benefits under the program managed by the State's Group Insurance Commission. (That would make the FY2013 contribution $1,000,000 to the fund for OPEB.) Mr. Kanter proposed that this Committee should reconsider that opinion for two reasons. First, that Summit had later agreed with the recommendation of Appropriation- Committee Page 1 of 2