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HomeMy WebLinkAbout2000-12-12-CEC-min December 12, 2000 Meeting started at 8.37 pm Present: Sheldon, Shirley, George, Tom Library presentation by Carol Mahoney: She discussed mainly schedule and costs. Construction documents will be done by Jan 2 and professionally reviewed for completeness. This task shall be done by mid Jan. Bids shall be reviewed and final costs shall be known by 1st week of April ( I call it April Fools Day). Construction shall take 16 to 24 months, so we may be in the new library by Christmas 2002. Best cost estimates now ($MM): By Carol: Bldg: 10.50 + Furnishings: 0.8 = 11.3 By PBC: Bldg: 11.5 Current funding sources: State 3.00 Town: 2.6 Trustees 1.0 Foundation: 2.0 (approx. pledges and collections) Some technical work being done on original 1998 library warrant to meet bond counsel requirements. At the end of the day the bond is floated by the town and current funding is from library foundation, state and the town. So warrant language need to be revised. Future needs will depend on what the town will do with East Lexington -- $2 to 3 MM for structural and ADA work. Fire Department presentation by Peter Torode: Peter reported that in their request they have dropped funding for building study and for fire alarm upgrade. The former they consider is not necessary under current political situation and the later is being accommodated by trade-off with RCN. Lot of discussion on changing to vertical smoke stack which is more efficient. This in turn would need that we convert existing rescue engines to vertical stack and to order the new ones with vertical stack. The vertical stack rescue is 159K compared to 123K budgeted last year. This is in part due to heavier vehicle which may extend life cycle to 8 instead of 6 years, thus allowing a 4 year replacement cycle instead of the current 3 year cycle. He gave five year capital expenditures report to all the members. Discussion on Tom's draft of CEC response to Blue Ribbon Report Most discussion centered around making the report shorter and eliminating some financial schedules. Meeting adjourned 10.40 pm Reported by, Narain bhatia