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HomeMy WebLinkAbout2013-12-02-BOS-packet-releasedSELECTMEN’S MEETING Monday, December 2, 2013 Selectmen Meeting Room 7:00 p.m. AGENDA 7:00 p.m. PUBLIC COMMENT (10 min.) 7:10 p.m. SELECTMEN CONCERNS AND LIAISON REPORTS (5 min.) 7:15 p.m. TOWN MANAGER REPORT (5 min.) 7:20 p.m. ITEMS FOR INDIVIDUAL CONSIDERATION 1. Citizens Academy (5 min.) 2. Liquor Hearing – Transfer of License to il Casale – 1727 Mass. Avenue (5 min.) - 7:00 p.m. 3. Tax Classification Rate Setting (15 min.) 4. Engineering Recommendations and Approval of Traffic Regulations for Shade Street (10 min.) 5. Discuss Need for Additional Funds for Patriots Day Events (5 min.) 6. Amend FY14 Spending Limit for PEG Access Revolving Fund for Underground Installation of Redundant Fiber (5 min.) 7. Liquor – Change of Manager – Aloft Lexington – 727 Marrett Road (5 min.) 8. Approve License Renewals (5 min.) 9. Approve Process for Perambulation of Town Boundaries (5 min.) 10. Selectmen Committee Appointments/Resignations (5 min.) 11. Town Manager Appointment – Commission on Disability (5 min.) 12. Set Dates for Local Election, Closing Warrant and 1st Session of Town Meeting for 2014 (5 min.) 8:30 p.m. CONSENT (5 min.) 1. Water and Sewer Commitments and Adjustments 2. Approve One-Day Liquor License – Spectacle Management 3. Minutes 8:35 p.m. EXECUTIVE SESSION (15 min.) 1. Exemption 6 – Purchase of Real Property 2. Exemption 3 – Fire Union Bargaining Update 8:50 p.m. ADJOURN The next regular meeting of the Board of Selectmen is scheduled for Monday, December 16, 2013 at 7:00 p.m. in the Selectmen Meeting Room, Town Office Building, 1625 Massachusetts Avenue. Hearing Assistance Devices Available on Request All agenda times and the order of items are approximate and subject to change. AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: 12/2/13 STAFF: Lynne Pease ITEM NUMBER: I.2 SUBJECT: Liquor License – Transfer Liquor License from Nourish to il Casale, 1727 Massachusetts Avenue EXECUTIVE SUMMARY: I have received all the necessary paperwork to request your approval to transfer the all alcohol liquor license from Nourish to Sfizi LLC, d/b/a il Casale, located at 1727 Massachusetts Avenue. The proposed Manager Filippo deMagistris and his brothers Damian and Dante will be at your meeting along with their legal counsel Kristen Scanlon. FINANCIAL IMPACT: RECOMMENDATION / SUGGESTED MOTION: Motion to approve the application for a transfer of an all alcohol restaurant liquor license from Nourish Restaurant, Inc., d/b/a Nourish to Sfizi LLC, d/b/a il Casale, located at 1727 Massachusetts Avenue. STAFF FOLLOW-UP: Selectmen’s Office FORM 43 MUST BE SIGNED BY LOCAL LICENSING AUTHORITY The Commonwealth of Massachusetts Alcoholic Beverages Control Commission 239 Causeway Street Boston, MA 02114 www.mass.gov/abcc For Reconsideration ABCC License Number City/Town Local Approval Date TRANSACTION TYPE (Please check all relevant transactions): New License Cordials/Liqueurs Permit Transfer of License Issuance of Stock Alteration of Licensed Premises Change of Location New Stockholder Management/Operating Agreement 6-Day to 7-Day License Change of Manager New Officer/Director Change Corporate Name Change of License Type Seasonal to Annual Wine & Malt to All Alcohol Pledge of License Pledge of Stock Transfer of Stock Other Name of Licensee ManagerD/B/A EIN of Licensee ZIP CODESTATECITY/TOWN:ADDRESS: Annual or Seasonal Category:(All Alcohol- Wine & Malt Wine, Malt & Cordials) Type:(Restaurant, Club, Package Store, General On Premises, Etc.) Complete Description of Licensed Premises: Application Filed: Date & Time Advertised: Date & Attach Publication Abutters Notified:Yes No Licensee Contact Person for Transaction Phone: Remarks: ZIP CODESTATECITY/TOWN:ADDRESS: The Local Licensing Authorities By: Alcoholic Beverages Control Commission Ralph Sacramone Executive Director ABCC Remarks: 061200023 Town of Lexington 12/02/2013 Sfizi LLC Filippo de Magistrisil Casale 46-3907817 02420MALexington1727 Massachusetts Avenue Annual All Alcohol Restauraut Approximately 4000 sq. ft. restaurant space with main dining room on the right and counter service area on the left. Seating capacity is 138. Main entrance on Mass. Avenue; entrance/exit in rear. Seasonal private outdoor patio with seating for 30. Kitchen in rear; storage in the rear and in the basement. 11/14/13 11:00 a.m. Lexington Minuteman 11/21/2013 Kristen Scanlon, Esq. 617-334-5032 Transfer of All Alcohol Restaurant Liquor License from Nourish Restaurant, Inc., d/b/a Nourish to Sfizi LLC, d/b/a il Casale. 02109MABoston112 Water Street, 2nd Floor AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: STAFF: ITEM NUMBER: December 2, 2013 Bd. of Assessors: Bill Jackson, Ed Grant and Greg Johnson I.3 Rob Lent, Assessor, Rob Addelson, Asst. TM for Finance SUBJECT: Tax Classification Rate Setting EXECUTIVE SUMMARY: At its meeting on November 18, 2013, the Board of Selectmen reviewed the FY14 Tax Classification Packet as prepared by the Lexington Assessors Office. That packet, as revised on November 20, 2012, is attached and is accompanied by a memorandum describing the revisions. On November 18th, the Board also conducted a tax classification hearing to receive comments from the public. At tonight’s meeting, the Board will be asked to set a tax rate for FY14 which requires that four votes be taken.  Establish a residential factor (see Exhibit A);  Determine whether to adopt the Open Space Discount;  Determine whether to adopt the Residential Exemption and, if so, the percentage (up to 20 percent);  Determine whether to adopt the Small Commercial Exemption Please note that that the Department of Revenue has yet to approve FY14 assessed values. If the values have not been approved by meeting time on December 2nd, Board action on setting a tax rate will need to be postponed. As a contingency, an agenda item for setting the tax rate will be posted for each of the mornings of December 3rd, 4th, and 5th, the dates on which the Board will be holding hearings of FY15 budget requests. The tax rates in Exhibit A in the Tax Classification Packet are based on a tax levy equal to the FY14 maximum allowable levy under Proposition 2 ½, which includes debt service on exempt debt net of $1.6 million voted at the 2013 annual town meeting to mitigate the debt service impacts of the Bridge/Bowman and Estabrook school projects. FINANCIAL IMPACT: Setting the tax rate will allow for the issuance of 3rd quarter tax bills. RECOMMENDATION / SUGGESTED MOTION:  Establish a residential factor (see Exhibit A);  Determine whether to adopt the Open Space Discount;  Determine whether to adopt the Residential Exemption and, if so, the percentage (up to 20 percent);  Determine whether to adopt the Small Commercial Exemption STAFF FOLLOW-UP: Finance. Town of Lexington Comptroller’s Office Robert Addelson, Assistant Town Manager for Finance Phone: (781) 862- 0500 Fax: (781) 861-2794 raddelson@ci.lexington.ma.us To: Board of Selectmen cc: Carl Valente, Town Manager From: Rob Addelson, Assistant Town Manager for Finance Date: November 22, 2013 Subject: Revised Tax Classification Packet Subsequent to the presentation of the FY14 Tax Classification packet at the Selectmen’s meeting on November 18th, the Assessing Department reviewed the presentation of the personal property values in Exhibit D of the packet and determined that the FY14 Assessed Value should have read $187,553,750, not $177,615,770. The attached revised Tax Classification packet reflects this correction and highlights (the pinkish color) all fields in Exhibits A and B that have been revised as well due to the change in personal property value. My apologies for any confusion this may have caused. Please contact me with any questions. Thank you. 1625 MASSACHUSETTS AVENUE • LEXINGTON, MASSACHUSETTS 02420 Town of Lexington Fiscal Year 2014 Tax Classification Packet Prepared for: Lexington Board of Selectmen Prepared by: Lexington Assessors Office Chairman, William W. Jackson Member, Edmund C. Grant Member, Gregory A. Johnson Robert F. Lent, Director of Assessing Classification Presentation November 18, 2013 (revised November 20, 2013) MEMO To: Lexington Board of Selectmen From: Lexington Board of Assessors Subject: FY2014 Tax Classification Hearing Date: November 18, 2013 This memo is intended to provide the Board of Selectmen with the necessary information to conduct a Public Hearing and Information Session on the tax classification options available under Massachusetts General Laws. The classification amendment requires the Board of Selectmen to consider four selections with respect to the setting the FY2014 tax rate. The decision of the Board for each alternative must be submitted to the DOR on form LA5. The four (4) selections are: 1. Selection of a residential factor 2. Selection of a discount for Open Space 3. A residential exemption 4. A small commercial exemption These selections are discussed below. 1. Selection of a residential factor. The Board of Selectmen may adopt a residential factor, thus increasing the commercial, industrial, and personal property (C-I-P) tax rate by a maximum factor of 1.750. The attached Exhibits A & B demonstrate the shift that the various C-I-P factors have on the percentage of the tax levy borne by each class and the resulting tax rates. Approximately 100 of the 351 communities in Massachusetts adopt this component of classification. Adopting the residential factor is, in practice, only available to communities that have a commercial tax base. 2. Selection of a discount for Open Space. Massachusetts General Law Chapter 59 Sec. 2A Defines Class 2 Open Space as: "..land which is not otherwise classified and which is not taxable under provisions of chapters 61, 61A or 61B, or taxable under a permanent conservation restriction, and which land is not held for the production of income but is maintained in an open or natural condition and which contributes significantly to the benefit and enjoyment of the public." A maximum exemption of 25% may be adopted for all property that is classified as Open Space. The Assessors have not identified any property that meets the definition of Open Space according to the statute. Bedford was the only community in the Commonwealth of MA to adopt this exemption in FY2013. 1 2 Board of Selectmen Tax Classification Hearing November 18, 2013 3. Residential exemption. The Board of Selectmen may adopt a maximum residential exemption of 20%. This exemption applies only to owner-occupied properties. Those below the break-even point realize a reduction in taxes and those above pay additional taxes. Non owner-occupied properties would have a substantial increase in taxes including apartments and vacant land. Refer to the example in Exhibit H in this classification packet. Thirteen (13) communities in the Commonwealth of MA, typically those with a substantial base of rental units, adopted this exemption in FY2013 Barnstable, Boston, Brookline, Cambridge, Chelsea, Everett, Malden, Nantucket, Somerset, Somerville, Tisbury, Waltham and Watertown. In Lexington in FY2014, Single Family Dwellings have an average assessed value of about $740,000 (rounded); however, the average assessed value for all “residential parcels” in Lexington (including the following categories: single family dwellings, two & three family buildings, vacant land, condominiums, and apartment buildings is (rounded): $689,000 4. Small commercial exemption An exemption of up to 10% of the property valuation can be granted to commercial (not industrial) property that meets the requirements of the law. To qualify, eligible businesses must have occupied the property as of January 1, must have had no more than ten (10) employees during the previous calendar year and the building must have a valuation of less than $1,000,000. While the eligible business owners do not have to own the building, all occupants of the commercial portion of the building must qualify. Ten (10) Commonwealth of MA communities adopted the small commercial exemption in FY2013: Auburn, Avon, Bellingham, Braintree, Dartmouth, New Ashford, Seekonk, Somerset, Westford, and Wrentham. FY2013 FY2014 % CHANGE $141,639,397 N/A $141,639,397 $148,761,313 5.03%$0 0.00% $141,585,863 $148,761,313 5.07%$3,386,008 2.39% $7,196,488,310 $7,411,620,000 2.99%$3,017,335 2.13% $1,111,468,450 $1,143,975,350 2.92%$0 0.00% $8,307,956,760 $8,555,595,350 2.98%718,573 0.51% $15.20 T.B.D. T.B.D.$148,761,313 5.03% $28.97 T.B.D. T.B.D. C-I-P RESID C-I-P RES C-I-P RESID C-I-P RESID C-I-P RESID COMMENTS 1.000 1.000 13.37%86.63% 19,890,992$ 128,870,321$ $17.39 $17.39 -38.23% 17.81%SINGLE TAX RATE 1.050 0.992 14.04%85.96% 20,885,541$ 127,875,772$ $18.26 $17.25 -35.14% 16.90% 1.100 0.985 14.71%85.29% 21,880,091$ 126,881,222$ $19.13 $17.12 -32.05% 15.99% 1.150 0.977 15.38%84.62% 22,874,640$ 125,886,673$ $20.00 $16.99 -28.96% 15.08% 1.200 0.969 16.05%83.95% 23,869,190$ 124,892,123$ $20.87 $16.85 -25.87% 14.17% 1.250 0.961 16.71%83.29% 24,863,739$ 123,897,573$ $21.73 $16.72 -22.78% 13.27% 1.300 0.954 17.38%82.62% 25,858,289$ 122,903,024$ $22.60 $16.58 -19.69% 12.36% 1.350 0.946 18.05%81.95% 26,852,839$ 121,908,474$ $23.47 $16.45 -16.60% 11.45% 1.400 0.938 18.72%81.28% 27,847,388$ 120,913,925$ $24.34 $16.31 -13.52% 10.54% 1.450 0.931 19.39%80.61% 28,841,938$ 119,919,375$ $25.21 $16.18 -10.43% 9.63% 1.500 0.923 20.06%79.94% 29,836,487$ 118,924,826$ $26.08 $16.05 -7.34% 8.72% 1.550 0.915 20.73%79.27% 30,831,037$ 117,930,276$ $26.95 $15.91 -4.25% 7.81% 1.560 0.914 20.86%79.14% 31,029,947$ 117,731,366$ $27.12 $15.88 -3.63% 7.63% 1.570 0.912 20.99%79.01% 31,228,857$ 117,532,456$ $27.30 $15.86 -3.01% 7.45% 1.580 0.910 21.13%78.87% 31,427,767$ 117,333,546$ $27.47 $15.83 -2.40% 7.26% 1.590 0.909 21.26%78.74% 31,626,677$ 117,134,636$ $27.65 $15.80 -1.78% 7.08% 1.600 0.907 21.39%78.61% 31,825,587$ 116,935,726$ $27.82 $15.78 -1.16% 6.90% 1.610 0.906 21.53%78.47% 32,024,496$ 116,736,816$ $27.99 $15.75 -0.54% 6.72% 1.620 0.904 21.66%78.34% 32,223,406$ 116,537,907$ $28.17 $15.72 0.08% 6.54% 1.630 0.903 21.79%78.21% 32,422,316$ 116,338,997$ $28.34 $15.70 0.69% 6.36% 1.640 0.901 21.93%78.07% 32,621,226$ 116,140,087$ $28.52 $15.67 1.31% 6.17% 1.650 0.900 22.06%77.94% 32,820,136$ 115,941,177$ $28.69 $15.64 1.93% 5.99% 1.660 0.898 22.20%77.80% 33,019,046$ 115,742,267$ $28.86 $15.62 2.55% 5.81% 1.670 0.897 22.33%77.67% 33,217,956$ 115,543,357$ $29.04 $15.59 3.16% 5.63% 1.680 0.895 22.46%77.54% 33,416,866$ 115,344,447$ $29.21 $15.56 3.78% 5.45% 1.690 0.893 22.60%77.40% 33,615,776$ 115,145,537$ $29.39 $15.54 4.40% 5.26% 1.700 0.892 22.73%77.27% 33,814,686$ 114,946,627$ $29.56 $15.51 5.02% 5.08% 1.710 0.890 22.86%77.14%34,013,596$ 114,747,717$ $29.73 $15.48 5.63% 4.90% 1.720 0.889 23.00%77.00% 34,212,505$ 114,548,807$ $29.91 $15.46 6.25% 4.72% 1.730 0.887 23.13%76.87% 34,411,415$ 114,349,897$ $30.08 $15.43 6.87% 4.54% 1.740 0.886 23.27%76.73% 34,610,325$ 114,150,988$ $30.25 $15.40 7.49% 4.36% 1.750 0.884 23.40%76.60% 34,809,235$ 113,952,078$ $30.43 $15.37 8.11% 4.17% FY14 MAX SHIFT FACTOR % LEVY CHNG: FY13 TO FY14TAX LEVY TAX RATE% SHARE OF LEVY Percentage differs because the 5.07% change is based on the FY13 actual levy and the 5.03% change is based on the FY13 levy limit. New Growth Increment FY2014 Maximum Allowable Levy Limit Amended FY13 New Growth EXHIBIT A: ALTERNATIVE TAX RATE SCENARIOS FOR FY2014 Maximum Allowable Levy Limit Proposition 2 1/2 increment Tax Levy (FY13 actual, and FY14 levy limit) FY2013-FY2014 Change in Levy Limit and Values Factors Affecting Determination of FY2014 Levy Limit FY2013 Maximum Allowable Levy Limit Residential Valuation Residential Tax Rate Comm/Indl/PP Tax Rate OverrideComm + Indl + PP Valuation Debt Exclusion Increment Total Valuation 11/20/20132:34 PM 3 MAXIMUMRESCIPTOTALCIPFY LEVYVALUEVALUEVALUE % VALUE %LEVY% VALUE %LEVYFACTOR1982 $25,840,699 $981,805,500 $260,146,400 $1,241,951,900 79.05% 72.07% 20.95% 27.93% 1.431983 $27,069,102 $990,919,800 $276,376,600 $1,267,296,400 78.19% 71.06% 21.81% 28.94% 1.331984 $28,022,798 $997,961,400 $296,494,700 $1,294,456,100 77.10% 69.73% 22.90% 30.27% 1.321985 $29,632,914 $1,007,078,700 $301,942,600 $1,309,021,300 76.93% 68.88% 23.07% 31.12% 1.321986 $31,019,098 $1,020,964,400 $317,326,500 $1,338,290,900 76.29% 68.76% 23.71% 31.24% 1.321987 $33,153,338 $2,235,803,100 $666,024,100 $2,901,827,200 77.05% 67.03% 22.95% 32.97% 1.441988 $34,836,855 $2,255,006,000 $674,748,700 $2,929,754,700 76.97% 66.81% 23.03% 33.19% 1.441989 $37,264,901 $2,301,575,500 $673,074,254 $2,974,649,754 77.37% 67.26% 22.63% 32.75% 1.451990 $40,392,000 $2,928,897,300 $843,484,600 $3,772,381,900 77.64% 66.71% 22.36% 33.29% 1.491991 $42,322,992 $2,620,862,100 $586,620,600 $3,207,482,700 81.71% 69.14% 18.29% 30.86% 1.691992 $43,474,747 $2,519,321,000 $532,077,800 $3,051,398,800 82.56% 70.86% 17.44% 29.14% 1.671993 $47,365,952 $2,574,645,700 $460,616,200 $3,035,261,900 84.82% 74.14% 15.18% 25.86% 1.701994 $48,686,562 $2,633,197,000 $420,527,200 $3,053,724,200 86.23% 76.59% 13.77% 23.41% 1.701995 $50,261,924 $2,801,492,000 $415,545,200 $3,217,037,200 87.08% 78.04% 12.92% 21.96% 1.701996 $53,185,783 $2,975,007,040 $433,858,760 $3,408,865,800 87.27% 78.36% 12.73% 21.64% 1.701997 $54,713,901 $3,099,278,410 $445,558,740 $3,544,837,150 87.43% 78.63% 12.57% 21.37% 1.701998 $56,940,636 $3,300,687,100 $494,410,360 $3,795,097,460 86.97% 77.85% 13.03% 22.15% 1.701999 $58,891,464 $3,523,737,000 $565,977,160 $4,089,714,160 86.16% 76.47% 13.84% 23.53% 1.702000 $61,263,839 $3,761,567,000 $744,710,290 $4,506,277,290 83.47% 75.21% 16.53% 24.79% 1.502001 $68,753,066 $4,200,706,000 $814,607,290 $5,015,313,290 83.76% 74.01% 16.24% 25.99% 1.602002 $72,024,765 $4,706,431,500 $911,710,050 $5,618,141,550 83.77% 73.71% 16.23% 26.29% 1.622003 $75,793,067 $5,186,133,750 $897,438,810 $6,083,572,560 85.25% 74.92% 14.75% 25.08% 1.702004 $82,109,040 $6,018,408,000 $892,768,060 $6,911,176,060 87.08% 76.75% 12.92% 23.25% 1.802005 $91,165,834 $6,275,351,000 $870,816,360 $7,146,167,360 87.81% 78.07% 12.19% 21.93% 1.802006 $94,751,711 $6,823,275,250 $862,993,280 $7,686,268,530 88.77% 80.01% 11.23% 19.99% 1.782007 $101,074,790 $7,135,277,500 $923,957,080 $8,059,234,580 88.54% 80.05% 11.46% 19.95% 1.742008 $110,222,125 $6,945,049,000 $984,115,350 $7,929,164,350 87.59% 78.90% 12.42% 21.10% 1.702009 $116,338,164 $6,991,353,500 $1,042,254,630 $8,033,608,130 87.03% 77.95% 12.97% 22.05% 1.702010 $121,725,000 $6,896,447,750 $995,142,860 $7,891,590,610 87.39% 77.72% 12.61% 22.28% 1.702011 $127,955,723 $6,953,985,750 $1,019,733,440 $7,973,719,190 87.21% 77.59% 12.79% 22.41% 1.702012 $134,337,548 $6,974,904,000 $1,051,783,320 $8,026,687,320 86.90% 77.72% 13.10% 22.28% 1.702013 $141,639,397 $7,196,488,310 $1,111,468,450 $8,307,956,760 86.62% 77.26% 13.38% 22.74% 1.702014 $148,761,313 $7,411,620,000 $1,143,975,350 $8,555,595,350 86.63% TBD 13.37% TBD TBDEXHIBIT B: HISTORICAL LEVY SUMMARY CIPRESIDENTIAL 11/20/20134 FiscalYear (*)SINGLE FAMILY DWELLING VALUATIONNUMBER OF SINGLE FAMILY DWELLINGSAVERAGE SFD A / VPERCENTINCREASE A / V TAX RATEAVERAGE TAXESCIPFACTOR1992 $2,268,576,000 8,682 $261,296 N/A $12.23 $3,195.66 N/A 1.67 $3,051,398,8001993 $2,324,384,000 8,715 $266,711 2.07% $13.64 $3,637.93 13.84% 1.70 $3,035,261,9001994 $2,386,608,000 8,734 $273,255 2.45% $14.16 $3,869.29 6.36% 1.70 $3,053,724,2001995 $2,535,745,000 8,752 $289,733 6.03% $14.00 $4,056.26 4.83% 1.70 $3,217,037,2001996 $2,681,040,000 8,758 $306,125 5.66% $14.01 $4,288.81 5.73% 1.70 $3,408,865,8001997 $2,791,978,000 8,775 $318,174 3.94% $13.88 $4,416.26 2.97% 1.70 $3,544,837,1501998 $2,975,012,000 8,798 $338,146 6.28% $13.43 $4,541.31 2.83% 1.70 $3,795,097,4601999 $3,171,199,000 8,810 $359,954 6.45% $12.79 $4,603.82 1.38% 1.70 $4,089,714,1602000 $3,376,143,000 8,821 $382,739 6.33% $12.25 $4,688.56 1.84% 1.50 $4,506,277,2902001 $3,777,857,000 8,840 $427,359 11.66% $12.11 $5,175.32 10.38% 1.60 $5,015,313,2902002 $4,225,339,000 8,845 $477,709 11.78% $11.28 $5,388.56 4.12% 1.62 $5,618,141,5502003 $4,693,071,000 8,898 $527,430 10.41% $10.95 $5,775.36 7.18% 1.70 $6,083,572,5602004 $5,456,206,000 8,887 $613,954 16.40% $10.47 $6,428.09 11.30% 1.80 $6,911,176,0602005 $5,687,532,000 8,899 $639,120 4.10% $11.34 $7,247.62 12.75% 1.80 $7,146,167,3602006 $6,206,172,000 8,910 $696,540 8.98% $11.11 $7,738.56 6.77% 1.78 $7,686,268,5302007 $6,499,630,000 8,917 $728,903 4.65% $11.34 $8,265.76 6.81% 1.74 $8,059,234,5802008 $6,262,572,000 8,922 $701,925 -3.70% $12.52 $8,788.10 6.32% 1.70 $7,929,164,3502009 $6,274,760,000 8,934 $702,346 0.06% $12.97 $9,109.43 3.66% 1.70 $8,033,608,1302010 $6,184,505,000 8,944 $691,470 -1.55% $13.86 $9,583.77 5.21% 1.70 $7,891,590,6102011 $6,234,563,000 8,949 $696,677 0.75% $14.40 $10,032.15 4.68% 1.70 $7,973,719,1902012 $6,251,243,000 8,963 $697,450 0.11% $14.97 $10,440.82 4.07% 1.70 $8,026,687,3302013 $6,441,950,000 8,978 $717,526 2.88% $15.20 $10,906.40 4.46% 1.70 $7,411,620,0002014 $6,658,875,000 8,996 $740,204 3.16% TBD TBD TBD TBD $8,555,595,350* All values are inclusive of new growthTOTAL (Taxable RE & PP)PERCENT INCREASETAXESEXHIBIT C: HISTORY OF AVERAGE SINGLE FAMILY DWELLING AND TAX BURDEN - FY1992 TO PRESENT11/20/20135 Residential ( R ) Commercial ( C ) Industrial (I)Commercial + Industrial CombinedPersonal Property (P) C-I-P Subtotal Total AssessedFY 13 Assessed Value $7,196,488,310 $638,855,290 $282,519,000$921,374,290$190,094,160 $1,111,468,450 $8,307,956,760FY 14 Assessed Value$7,411,620,000 $659,735,600 $296,686,000$956,421,600$187,553,750 $1,143,975,350 $8,555,595,350$ increase $215,131,690 $20,880,310 $14,167,000$35,047,310($2,540,410)$32,506,900 $247,638,590% increase 2.99% 3.27% 5.01%3.80%-1.34% 2.92% 2.98%FY 14 New Growth $95,520,000 $8,983,000 $12,938,000$21,921,000$33,115,240 $55,036,240 $150,556,240FY14 Assessed Value w/o New Growth$7,316,100,000 $650,752,600 $283,748,000$934,500,600$154,438,510 $1,088,939,110 $8,405,039,110$ inc./decr. over FY 13 $119,611,690 $11,897,310 $1,229,000$13,126,310($35,655,650) ($22,529,340)$97,082,350% inc./decr. over FY 13 1.66% 1.86% 0.44%1.42%-18.76% -2.03% 1.17%FY 13 share of total value86.62% 7.69% 3.40%11.09%2.29% 13.38%FY 14 share of total value w/o growth87.04% 7.74% 3.38%11.12%1.84% 12.96%Change0.42% 0.05%-0.02%0.03%-0.45% -0.42%EXHIBIT D: CHANGES IN ASSESSED VALUES BY CLASS: FY2013 TO FY2014This chart is intended to show the change in assessed value by class. FY14 values are shown with and without new growth. The changes in assessedvalues between FY13 and FY14 are noted below:11/20/20136 RESIDENTIAL(Does not include condos, apts, 2-3 family, etc)SINGLE FAMILY DWELLING (# = 8,996)FY 2013FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014FY'14 Avg. SFD Assmt.(pend'g DOR approval) $717,526$729,913 $729,913 $729,913 $729,913 $729,913 $729,913 $729,913 $729,913 $729,913 $729,913 $729,913Tax Burden Shift Factor1.701.651.661.671.681.691.701.711.721.731.741.75FY 2013 Tax Rate (per $1K of Ass'd value) $15.20$15.64 $15.62 $15.59 $15.56 $15.54 $15.51 $15.48 $15.46 $15.43 $15.40 $15.37Avg. FY 2013 Tax Bill (based on Ass'd Value) $10,906$11,418 $11,399 $11,379 $11,359 $11,340 $11,320 $11,301 $11,281 $11,261 $11,242 $11,222$ Tax differential between FY13-FY14N/A$512$493 $473 $453 $434 $414 $395 $375 $355 $336 $316% Tax differential between FY13-FY14N/A4.70% 4.52% 4.34% 4.16% 3.98% 3.80% 3.62% 3.44% 3.26% 3.08% 2.90%COMMERCIAL(Office (non-Lab/Med) > 30,000 sqft GBA)LARGE OFFICE BLDG (# = 21)FY 2013FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014FY'14-Estm. @ $122/sf; Avg Prpty Ass'd $13,177,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000 $13,385,000Tax Burden Shift Factor1.701.651.661.671.681.691.701.711.721.731.741.75FY 2013 Tax Rate (per $1K of Ass'd value) $28.97$28.69 $28.86 $29.04 $29.21 $29.39 $29.56 $29.73 $29.91 $30.08 $30.25 $30.43Avg. FY 2013 Tax Bill (based on Ass'd Value) $381,738$384,010 $386,337 $388,664 $390,992 $393,319 $395,646 $397,974 $400,301 $402,628 $404,956 $407,283$ Tax differential between FY13-FY14N/A$2,272 $4,599 $6,927 $9,254 $11,581 $13,909 $16,236 $18,563 $20,891 $23,218 $25,545% Tax differential between FY13-FY14N/A0.60% 1.20% 1.81% 2.42% 3.03% 3.64% 4.25% 4.86% 5.47% 6.08% 6.69%(Office (non-Lab/Med) 10,000>,<30,000 sqft GBA)MEDIUM OFFICE BLDG (# = 7)FY 2013FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014FY'14- Estm. @ $122/sf; Avg Prpty Ass'd $1,798,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000 $1,808,000Tax Burden Shift Factor1.701.651.661.671.681.691.701.711.721.731.741.75FY 2013 Tax Rate (per $1K of Ass'd value) $28.97$28.69 $28.86 $29.04 $29.21 $29.39 $29.56 $29.73 $29.91 $30.08 $30.25 $30.43Avg. FY 2013 Tax Bill (based on Ass'd Value) $52,088$51,871 $52,185 $52,499 $52,814 $53,128 $53,443 $53,757 $54,071 $54,386 $54,700 $55,014$ Tax differential between FY13-FY14N/A-$217$97$411 $726 $1,040 $1,354 $1,669 $1,983 $2,298 $2,612 $2,926% Tax differential between FY13-FY14N/A-0.42% 0.19% 0.79% 1.39% 2.00% 2.60% 3.20% 3.81% 4.41% 5.01% 5.62%(Retail, Restaurants, & Banks, w/offices up/down stairs)DOWNTOWN RETAIL (# = 24)FY 2013FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014FY'14- Estm. @ $218/sf; Avg Prpty Ass'd $2,041,083 $2,050,416 $2,050,416 $2,050,416 $2,050,416 $2,050,416 $2,050,416 $2,050,416 $2,050,416 $2,050,416 $2,050,416 $2,050,416Tax Burden Shift Factor1.701.651.661.671.681.691.701.711.721.731.741.75FY 2013 Tax Rate (per $1K of Ass'd value) $28.97$28.69 $28.86 $29.04 $29.21 $29.39 $29.56 $29.73 $29.91 $30.08 $30.25 $30.43Avg. FY 2013 Tax Bill (based on Ass'd Value) $59,130$58,826 $59,182 $59,539 $59,895 $60,252 $60,608 $60,965 $61,321 $61,678 $62,034 $62,391$ Tax differential between FY13-FY14N/A-$305$52$408 $765 $1,121 $1,478 $1,834 $2,191 $2,547 $2,904 $3,261% Tax differential between FY13-FY14N/A-0.52% 0.09% 0.69% 1.29% 1.90% 2.50% 3.10% 3.71% 4.31% 4.91% 5.51%(Retail Condos are not included)OFFICE CONDO (# = 196)FY 2013FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014FY'14- Estm. @ $200/sf; Avg Prpty Ass'd $150,513 $152,415 $152,415 $152,415 $152,415 $152,415 $152,415 $152,415 $152,415 $152,415 $152,415 $152,415Tax Burden Shift Factor1.701.651.661.671.681.691.701.711.721.731.741.75FY 2013 Tax Rate (per $1K of Ass'd value) $28.97$28.69 $28.86 $29.04 $29.21 $29.39 $29.56 $29.73 $29.91 $30.08 $30.25 $30.43Avg. FY 2013 Tax Bill (based on Ass'd Value) $4,360$4,373 $4,399 $4,426 $4,452 $4,479 $4,505 $4,532 $4,558 $4,585 $4,611 $4,638$ Tax differential between FY13-FY14N/A$12$39$65$92$118 $145 $171 $198 $224 $251 $277% Tax differential between FY13-FY14N/A0.28% 0.89% 1.50% 2.11% 2.71% 3.32% 3.93% 4.54% 5.15% 5.75% 6.36%INDUSTRIAL(Laboratory/Medical/Biological Use is Primary)LAB/OFFICE COMBO (# =12)FY 2013FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014 FY 2014FY'14- Estm. @ $236/sf; Avg Prpty Ass'd $24,402,000 $24,755,667 $24,755,667 $24,755,667 $24,755,667 $24,755,667 $24,755,667 $24,755,667 $24,755,667 $24,755,667 $24,755,667 $24,755,667Tax Burden Shift Factor1.701.651.661.671.681.691.701.711.721.731.741.75FY 2013 Tax Rate (per $1K of Ass'd value) $28.97$28.69 $28.86 $29.04 $29.21 $29.39 $29.56 $29.73 $29.91 $30.08 $30.25 $30.43Avg. FY 2013 Tax Bill (based on Ass'd Value) $706,926$710,229 $714,533 $718,838 $723,142 $727,447 $731,751 $736,055 $740,360 $744,664 $748,969 $753,273$ Tax differential between FY13-FY14N/A$3,303 $7,607 $11,912 $16,216 $20,521 $24,825 $29,129 $33,434 $37,738 $42,043 $46,347% Tax differential between FY13-FY14N/A0.47% 1.08% 1.69% 2.29% 2.90% 3.51% 4.12% 4.73% 5.34% 5.95% 6.56%EXHIBIT D-1: TOWN OF LEXINGTON - Tax Rate Shift Options & Property Comparisons(FY2014 Values are derived netof new growth)11/20/20137 FY2012 FY2013 FY 2013 RESID C-I-P C-I-P RESID C-I-P C-I-P MUNICIPALITY C / I / P RATE RATE SHIFT RATE RATE SHIFT Cambridge $9,647,363,248 $8.48 $20.76 1.697 $8.66 $21.50 1.710 Waltham $2,834,415,729 $13.35 $31.27 1.750 $13.49 $31.77 1.750 Newton $2,199,307,223 $11.17 $21.32 1.740 $11.49 $21.93 1.740 Woburn $1,731,778,084 $10.40 $26.83 1.750 $10.40 $27.01 1.750 Burlington $1,682,027,668 $11.55 $30.95 1.672 $11.85 $31.70 1.668 Lexington $1,111,468,450 $14.97 $28.45 1.700 $15.20 $28.97 1.700 Wellesley $1,121,425,185 $11.48 $11.48 1.000 $11.70 $11.70 1.000 Needham $1,001,947,130 $10.95 $21.50 1.750 $11.30 $22.18 1.750 Watertown $950,669,622 $14.40 $26.64 1.750 $14.68 $27.15 1.750 FY2012 FY2013 RESID C-I-P C-I-P RESID C-I-P C-I-P MUNICIPALITY RATE RATE SHIFT RATE RATE SHIFT Arlington 13.66$ 13.66$ 1.00 13.61$ 13.61$ 1.000 Belmont 13.35$ 13.35$ 1.00 13.33$ 1.33$ 1.000 Burlington 11.55$ 30.95$ 1.672 11.85$ 31.70$ 1.668 Bedford 15.21$ 33.21$ 1.750 15.37$ 33.80$ 1.750 Concord 13.58$ 13.58$ 1.00 14.07$ 14.07$ 1.000 Lincoln 13.81$ 18.17$ 1.300 14.23$ 18.72$ 1.300 Winchester 12.55$ 11.77$ N/A 12.77$ 12.01$ N/A Waltham 13.35$ 31.27$ 1.75 13.49$ 31.77$ 1.750 N/A = not applicable COMPARABLE COMMERCIAL COMMUNITIES COMMUNITIES CONTIGUOUS TO LEXINGTON EXHIBIT E: TAX FACTORS AND TAX RATES - COMPARABLE COMMERCIAL COMMUNITIES AND CONTIGUOUS COMMUNITIES 11/20/2013 8 Division of Local ServicesMunicipal Databank/Local Aid SectionFiscal Year 2013 Assessed Values by Class MunicipalityFiscal YearResidential ValueOpen Space ValueCommercial ValueIndustrial ValuePersonal Property ValueComm/Indl/Pers (C/I/P)Total Assessed ValueR & O as % of Total ValueCIP as % of Total Value1Boston 2013 $60,147,396,114 $0 $26,762,023,122 $707,703,032 $4,582,149,430 $32,051,875,584 $92,199,271,698 65.2 34.82Cambridge 2013 $15,566,609,253 $0 $5,405,660,055 $3,171,456,253 $1,070,246,940 $9,647,363,248 $25,213,972,501 61.7 38.33Newton 2013 $18,445,998,977 $0 $1,696,718,623 $150,970,900 $351,617,700 $2,199,307,223 $20,645,306,200 89.3 10.74Nantucket 2013 $15,890,745,965 $22,428,100 $932,271,034 $50,373,351 $205,311,229 $1,187,955,614 $17,101,129,679 92.2 7.85Brookline 2013 $14,045,797,140 $0 $1,274,617,400 $14,225,100 $184,589,740 $1,473,432,240 $15,519,229,380 90.5 9.56Barnstable 2013 $11,220,887,767 $0 $1,223,179,078 $80,290,800 $197,055,870 $1,500,525,748 $12,721,413,515 88.2 11807Worcester 2013 $7,817,606,588 $0 $1,931,240,336 $546,003,855 $584,005,500 $3,061,249,691 $10,878,856,279 71.9 28.18Quincy 2013 $8,650,383,843 $0 $1,627,994,157 $83,725,700 $259,846,850 $1,971,566,707 $10,621,950,550 81.4 18.69Falmouth 2013 $9,783,235,733 $3,289,200 $574,980,651 $72,537,600 $180,898,159 $828,416,410 $10,614,941,343 92.2 7.810Wellesley 2013 $8,234,182,000 $0 $1,005,915,000 $7,438,000 $108,072,185 $1,121,425,185 $9,355,607,185 88 1211Plymouth 2013 $6,708,046,206 $0 $807,144,212 $877,170,900 $219,863,050 $1,904,178,162 $8,612,224,368 77.9 22.112Somerville 2013 $7,293,246,502 $0 $843,242,898 $273,007,500 $185,838,150 $1,302,088,548 $8,595,335,050 84.9 15.113Waltham 2013 $5,697,874,745 $0 $2,054,231,833 $462,439,256 $317,744,640 $2,834,415,729 $8,532,290,474 66.8 33.214Lexington 2013 $7,196,488,310 $0 $638,855,290 $282,519,000 $190,094,160 $1,111,468,450 $8,307,956,760 86.6 13.415Needham 2013 $6,922,042,800 $0 $703,067,800 $121,108,800 $177,770,530 $1,001,947,130 $7,923,989,930 87.4 12.616Framingham 2013 $5,581,503,793 $0 $1,204,498,235 $239,864,800 $242,767,540 $1,687,130,575 $7,268,634,368 76.8 23.217Arlington 2013 $6,750,291,829 $0 $332,259,203 $16,149,400 $102,576,650 $450,985,253 $7,201,277,082 93.7 6.318Andover 2013 $5,441,912,945 $8,391,900 $544,010,554 $574,064,300 $234,340,227 $1,352,415,081 $6,802,719,926 80.1 19.919Springfield 2013 $4,858,355,700 $0 $1,047,246,800 $159,725,600 $631,025,200 $1,837,997,600 $6,696,353,300 72.6 27.420Edgartown 2013 $6,117,331,730 $0 $372,908,780 $3,682,900 $104,066,828 $480,658,508 $6,597,990,238 92.7 7.321Medford 2013 $5,608,195,443 $0 $624,690,357 $93,287,900 $127,072,430 $845,050,687 $6,453,246,130 86.9 13.122Natick 2013 $4,779,077,420 $0 $1,291,280,110 $40,213,000 $118,400,530 $1,449,893,640 $6,228,971,060 76.7 23.323Peabody 2013 $4,728,970,924 $0 $1,091,236,893 $237,378,400 $112,342,910 $1,440,958,203 $6,169,929,127 76.6 23.424Lowell 2013 $5,005,369,487 $0 $526,424,699 $344,529,092 $206,194,580 $1,077,148,371 $6,082,517,858 82.3 17.725Dennis 2013 $5,385,094,151 $595,200 $354,865,229 $23,894,000 $76,659,520 $455,418,749 $5,841,108,100 92.2 7.8EXHIBIT F: TOP 25 COMMUNITIES BY TOTAL ASSESSED VALUE11/20/20139 2010* 2007* 2009* 2010**MASSACHUSETTS BOND FY13 TAX FY13 TAX FY13 RESID % C-I-P % RESID POP AREA DENSITY PERMUNICIPALITY RATING RATE RATE SHIFT OF TOTALOF TOTALEXEMPT'N ULA SQ PER SQ CAPITARESID C-I-P FACTOR VALUE VALUE ADOPTED TION MILES MILE INCOMELEXINGTON Aaa 15.20 28.97 1.70 86.62% 13.38%NO31,394 16.5 1,886 $86,260ACTON AAA 19.10 19.10 1.00 87.20% 12.80%NO21,924 20.3 1,079 $55,496ANDOVER Aa1 14.51 24.26 1.48 80.12% 19.88%NO33,201 32.1 1,034 $69,120ARLINGTON Aa1 13.66 13.66 1.00 93.74% 6.26%NO42,844 5.5 7,776 $43,414BARNSTABLE AAA 8.76 7.89 1.00 88.20% 11.80%YES45,193 76.3 593 $29,719BEDFORD Aa1 15.37 33.8 1.75 78.58% 21.42%NO13,320 13.9 960 $52,676BELMONT AAA 13.33 13.33 1.00 94.33% 5.67%NO24,729 4.7 5,250 $65,808BROOKLINE AAA 11.65 18.97 1.73 90.51% 9.49%YES58,732 6.8 8,612 $58,434CANTON AAA 11.91 24.23 1.65 77.57% 22.43%NO21,561 19.6 1,101 $48,744CHATHAM AAA 5.03 5.03 1.00 92.90% 7.10%NO6,125 24.4 251 $38,178CONCORD Aaa 14.07 14.07 1.00 90.68% 9.32%NO17,668 25.9 682 $103,066DEDHAM AAA 15.79 34.37 1.75 79.29% 20.71%NO24,729 10.6 2,324 $41,722DOVER Aaa 12.80 12.80 1.00 97.31% 2.69%NO5,589 15.4 363 $206,084DUXBURY AAA 14.19 14.19 1.00 95.69% 4.31%NO15,059 37.6 400 $66,332HINGHAM Aaa 12.32 12.32 1.00 87.20% 12.80%NO22,157 25.0 885 $74,095LINCOLN AAA 14.23 18.72 1.30 96.23% 3.77%NO6,362 15.0 424 $122,383MARBLEHEAD AAA 10.85 10.85 1.00 94.53% 5.47%NO19,808 19.6 1,009 $69,497NATICK AAA 14.34 14.34 1.00 76.72% 23.28%NO33,006 16.1 2,056 $46,091NEEDHAM AAA 11.30 22.18 1.75 87.36% 12.64%NO28,886 12.7 2,274 $80,902NEWTON Aaa 11.49 21.93 1.74 89.35% 10.65%NO85,146 18.2 4,678 $97,648NORWELL AAA 16.10 16.10 1.00 84.41% 15.59%NO10,506 21.2 496 $64,495SHERBORN AAA 19.72 19.72 1.00 95.06% 4.94%NO4,119 16.2 254 $150,435SUDBURY AAA 17.99 23.52 1.28 92.93% 7.07%NO17,659 24.6 717 $98,133WAYLAND Aaa 17.89 17.89 1.00 94.75% 5.25%NO12,994 15.9 817 $136,900WELLESLEY Aaa 11.70 11.70 1.00 88.01% 11.99%NO27,982 10.5 2,667 $134,245WESTON Aaa 12.40 12.40 1.00 95.10% 4.90%NO11,261 17.3 650 $281,236WINCHESTER Aaa 12.77 12.01 NA 94.65% 5.35%NO21,374 6.3 3,398 $87,306* Statistics directly from US Census Bureau data** DOR Per Capita IncomeNote: AAA denotes Standard & Poors rating and Aaa denotes Moody's rating EXHIBIT G: TAX FACTORS and TAX RATES FOR Aaa RATED COMMUNITIES11/20/201310 (a)(b) ( c ) (d)(e)(f) (g)(h) (i)ASSESSED ACTUAL ACTUALNEW NEW NEWVALUETAX RATETAXESExemptionA / VTAX RATETAXES$5,000 $0.01520 $76 $0 $5,000 $0.01899 $95 $19 24.93% TOTAL RESIDENTIAL VALUE $7,411,620,000$25,000 $0.01520 $380 $0 $25,000 $0.01899 $475 $95 24.93% TOTAL # RESID. PARCELS 10,759$50,000 $0.01520 $760 $0 $50,000 $0.01899 $949 $189 24.93% AVG. RESIDENTIAL PARCEL $689,000$100,000 $0.01520 $1,520 $0 $100,000 $0.01899 $1,899 $379 24.93% EXEMPTION @ 20% 20%$300,000 $0.01520 $4,560 $138,000 $162,000 $0.01899 $3,076 -$1,484 -32.54% EXEMPTION $ AMOUNT $137,800$400,000 $0.01520 $6,080 $138,000 $262,000 $0.01899 $4,975 -$1,105 -18.17% $$ AMOUNT ROUNDED $138,000$500,000 $0.01520 $7,600 $138,000 $362,000 $0.01899 $6,874 -$726 -9.55%ESTIMATED# EXEMPTIONS9,500$600,000 $0.01520 $9,120 $138,000 $462,000 $0.01899 $8,773 -$347 -3.81% TOTAL RESID. EXEMPT VALUE $1,311,000,000$650,000 $0.01520 $9,880 $138,000 $512,000 $0.01899 $9,722 -$158 -1.60% PRELIMINARY RESID. RATE (FY2014$15.63* $691,700 $0.01520 $10,514 $138,000 $553,700 $0.01899 $10,514 $0 0.00% TOTAL RESID. REVENUE $115,843,621$700,000 $0.01520 $10,640 $138,000 $562,000 $0.01899 $10,672 $32 0.30%$800,000 $0.01520 $12,160 $138,000 $662,000 $0.01899 $12,571 $411 3.38% NEW RESID. ASSESSED VALUE $6,100,620,000$900,000 $0.01520 $13,680 $138,000 $762,000 $0.01899$14,469 $789 5.77% NEW RESID. RATE$18.99$1,000,000 $0.01520 $15,200 $138,000 $862,000 $0.01899 $16,368 $1,168 7.69%$1,100,000 $0.01520 $16,720 $138,000 $962,000 $0.01899 $18,267 $1,547 9.25%$1,250,000 $0.01520 $19,000 $138,000 $1,112,000 $0.01899 $21,116 $2,116 11.13%$1,500,000 $0.01520 $22,800 $138,000 $1,362,000 $0.01899 $25,863 $3,063 13.43%$1,750,000 $0.01520 $26,600 $138,000 $1,612,000 $0.01899 $30,610 $4,010 15.08%$2,000,000 $0.01520 $30,400 $138,000 $1,862,000 $0.01899 $35,357 $4,957 16.31%$2,500,000 $0.01520 $38,000 $138,000 $2,362,000 $0.01899 $44,852 $6,852 18.03%$3,000,000 $0.01520 $45,600 $138,000 $2,862,000 $0.01899 $54,346 $8,746 19.18%$5,000,000 $0.01520 $76,000 $138,000 $4,862,000 $0.01899 $92,324 $16,324 21.48%$10,000,000 $0.01520 $152,000 $0 $10,000,000 $0.01899 $189,888 $37,888 24.93%$20,000,000 $0.01520 $304,000 $0 $20,000,000 $0.01899 $379,777 $75,777 24.93%$30,000,000$0.01520 $456,000$0 $30,000,000$0.01899$569,665$113,66524.93%NON-OWNER OCCUPIED PROPERTIES WILL HAVE A17.69% INCREASE IN TAXES*BREAKEVEN ASSESSED VALUE, NO TAX IMPACT.RESIDENTIAL EXEMPTIONWORKSHEETFISCAL YEAR 2014 INFORMATIONEXHIBIT H: RESIDENTIAL EXEMPTION: FY2014 PROPERTY IMPACT ANALYSIS$ Change (g-c)% Change (h/c)11/20/201311 AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: STAFF: ITEM NUMBER: December 2, 2013 Rob Addelson, Asst. Town Mgr. for Finance I.6 SUBJECT: Amend FY14 spending limit for PEG Access Revolving Fund for underground installation of redundant fiber EXECUTIVE SUMMARY: The purpose of this agenda item is to seek an increase in the spending limit of the PEG (Public, Governmental, Educational) Access Revolving Fund to finance the underground installation of redundant fiber for the reasons described below. The estimated cost of this installation, including contractor costs, police details and a small contingency is $40,000. The proposed funding source, the PEG Access Revolving Fund, has adequate revenue to support this cost. Use of the PEG Access Fund will require an increase in its FY14 spending limit from $450,000 as voted at the 2013 annual town meeting to $490,000. Pursuant to MGL Ch. 44, Sec. 53e ½, in any fiscal year the limit on the amount that may be spent from a revolving fund “may be increased with the approval of the Selectmen and finance committee.” If approved by the Selectmen, a similar request will be made of the Appropriations Committee at its next meeting. The Town of Lexington computer network provides services to approximately 17 municipal and 13 school buildings in a hub and spoke topology. The Municipal and School Information Technology Departments share a common network core (head end). The connectivity of each Town location is currently achieved over two strands of single-mode dark fiber, converging at the town head end. Approximately 95% of the fiber network is aerial (on poles) within the RCN residential fiber bundles. With RCN as the sole provider of connectivity, Town operations are vulnerable to disruption of RCN service. The solution to this vulnerability is to build alternative pathways for fail over in the event of such disruptions. We have been informed by Verizon that – subject to final inspection - they have space in an underground conduit that runs from the Public Services Building to the Town Office Building in which we can install a run of fiber to serve as a redundant pathway that would connect critical public safety and administrative operations to the Town’s head end. With the approval of the spending limit of the revolving fund, we will be poised to begin work as soon as we get the go ahead from Verizon. FINANCIAL IMPACT: $40,000 RECOMMENDATION / SUGGESTED MOTION: Move to approve the increase in the spending limit of the PEG Access Revolving Fund from $450,000 to $490,000 STAFF FOLLOW-UP: Finance Department/IT Department AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: 12/2/13 STAFF: Lynne Pease ITEM NUMBER: I.7 SUBJECT: Liquor License – Change of Manager – Aloft Lexington, 727 Marrett Road EXECUTIVE SUMMARY: I have received all the necessary paperwork needed to request approval of a change of manager on the All Alcoholic Innkeeper Liquor License for Aloft Lexington. The proposed manager is Michael Cascella. See attached information. FINANCIAL IMPACT: RECOMMENDATION / SUGGESTED MOTION: Motion to approve the application reflecting a change of manager and issue an all alcoholic Innkeeper Liquor License to A&E Lexington Hotels Operator, LLC, d/b/a Aloft Lexington, 727 Marrett Road – A. STAFF FOLLOW-UP: Selectmen’s Office AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: 12/2/13 STAFF: Lynne Pease ITEM NUMBER: I.8 SUBJECT: Approve License Renewals EXECUTIVE SUMMARY: You are being asked to approve renewals for Class I, II and III; Coin; Common Carrier; Common Victualler; Entertainment, Lodging/Innkeeper and liquor renewals for Package Stores, Clubs, Restaurants and Innkeepers. Most establishments have submitted the necessary paperwork for renewing their licenses. The attached list shows information I am still waiting for as of Wednesday, 11/27. I will update the information before the meeting on Monday. I ask that you approve and sign all the licenses for all the establishments and I will make sure I have all the necessary paperwork before I mail out the licenses at the end of December. If you have any questions on the licensing, let me know before the meeting. F INANCIAL IMPACT: RECOMMENDATION / SUGGESTED MOTION: Motion to approve the license renewals for 2014 as presented, subject to receiving all necessary information. STAFF FOLLOW-UP: Selectmen’s Office Licenses Renewals for 2014 Class 1 Lexington Toyota, Inc.complete 409 Mass. Avenue Class 2 A to Z Auto Wholesale complete 20 Vine Street Auto & Diesel Sales missing all 75 Westview Street Autobahn East complete 436 Marrett Road King's Auto missing all 66 Emerson Gardens Road Lexington Auto Group missing all - new owner Sam Issa 1095 Mass. Avenue Lexington Auto Sales missing all 542 Mass. Avenue Lexington Auto Service, Inc.WC expires 12/16/13 39 Bedford Street Sam Cheng missing all 70 School Street Scott the Car Guy, LLC complete 401 Lowell Street, Suite 1 Class 3 John P. Carroll Company, Inc.complete 700 Waltham Street Wednesday, November 27, 2013 Page 1 of 11 Coin Lexington Elks complete 959 Waltham Str., PO Box 1 juke box Lexington Elks complete 959 Waltham Str., PO Box 1 golf Tio Juan's Margaritas Mexican Restaurant complete 438 Bedford Street juke box Waxy O'Connor's complete 94 Hartwell Avenue Pool Table Waxy O'Connor's complete 94 Hartwell Avenue Pool Table Waxy O'Connor's complete 94 Hartwell Avenue juke box Common Carrier Boston Tours, Inc.waiting for CORI from John Lampert 56 Williams Street Bus 2 Boston Tours, Inc.waiting for CORI from Neil Roberts 56 Williams Street Bus 1 Joseph's Transportation, Inc.missing all 44 James Street BU19726 - BUS 280 -Liberty M&L Transit Systems, Inc.missing all 60 Olympia Avenue BU36762 - Bus 162 M&L Transit Systems, Inc.missing all 60 Olympia Avenue BU36763- Bus 163 M&L Transit Systems, Inc.missing all 60 Olympia Avenue BU21024 - Bus 161 M&L Transit Systems, Inc.missing all 60 Olympia Avenue BU10260 - Bus 160 Wednesday, November 27, 2013 Page 2 of 11 Common Victualler Alexander's Pizza complete 180 Bedford Street Aloft Lexington complete 727 Marrett Road - A Avenue Deli complete 1806 Mass. Avenue Bollywood Café complete 135 Mass. Avenue Dabin Restaurant missing all 10 Muzzey Street Daikanyama Japanese Cuisine complete 43 Waltham Street Dunkin Donuts complete 141 Mass. Avenue Dunkin Donuts complete 373 Waltham Street Dunkin Donuts complete 317 Woburn Street Dunkin Donuts complete 10 Woburn Street Element Lexington complete 727 Marrett Road - B Fruitee Yogurt missing all 1707 Mass. Avenue Inn at Hastings Park (Artistry on the Green) complete 2027 Mass. Avenue Wednesday, November 27, 2013 Page 3 of 11 Ixtapa Cantina Mexican Family Restaurant complete 177 Mass. Avenue Knights of Columbus missing all 177 Bedford Street Lemon Grass Restaurant complete 1710 Mass. Avenue Lexington Elks complete 959 Waltham Str., PO Box 1 Lexington Golf Club complete 55 Hill Street Lexington House of Pizza complete 399 Lowell Street Lexx Restaurant missing all 1666 Mass. Avenue Mario's Italian Restaurant complete 1733 Mass. Avenue McDonald's complete 690 Marrett Way Minuteman Regional Vocational Tech. School Dist. complete 758 Marrett Road Nick's Place waiting for WC policy 197 Mass. Avenue Nourish eat well live well complete 1727 Mass. Avenue Orange Leaf complete 1726 Mass. Avenue Panera Bread complete 1684 Mass. Avenue Wednesday, November 27, 2013 Page 4 of 11 Peet's Coffee & Tea waiting for WC Policy 1749 Mass. Avenue Pine Meadows Golf Club complete 255 Cedar Street Prime Roast Beef & Seafood missing all 321 Marrett Road Prime Roast Beef & Seafood waiting for CV applicaton 321 Marrett Road TV Qdoba Mexican Grill #2780 missing all 46 Bedford Street Quality Inn & Suites complete - need new check 440 Bedford Street Rancatore Ice Cream complete 1752 Mass. Avenue Ride Studio Café missing all 1720 Mass. Avenue Royal India Bistro missing all 7 Meriam Street Ruyi Restaurant missing all 27 Waltham Street Starbucks Coffee complete 1729 Mass. Avenue Starbucks Coffee complete 60 Bedford Street The Upper Crust missing all 41 Waltham Street Tio Juan's Margaritas Mexican Restaurant complete 438 Bedford Street Wednesday, November 27, 2013 Page 5 of 11 Via Lago complete 1845 Mass. Avenue Vine Brook Tavern complete 20 Waltham Street Waxy O'Connor's complete 94 Hartwell Avenue Yangtze River Restaurant complete 21-25 Depot Square Wednesday, November 27, 2013 Page 6 of 11 Entertainment Aloft Lexington complete 727 Marrett Road - A Bollywood Café complete 135 Mass. Avenue Element Lexington complete 727 Marrett Road - B Inn at Hastings Park complete 2027 Mass. Avenue Lemon Grass Restaurant complete 1710 Mass. Avenue Lexx Restaurant missing all 1666 Mass. Avenue Nourish eat well live well complete 1727 Mass. Avenue Prime Roast Beef & Seafood complete 321 Marrett Road Prime Roast Beef & Seafood missing all 321 Marrett Road TV Ride Studio Café missing all 1720 Mass. Avenue Ruyi Restaurant missing all 27 Waltham Street Starbucks Coffee complete 60 Bedford Street The Upper Crust missing all 41 Waltham Street Tio Juan's Margaritas Mexican Restaurant complete 438 Bedford Street Wednesday, November 27, 2013 Page 7 of 11 Via Lago complete 1845 Mass. Avenue Vine Brook Tavern complete 20 Waltham Street Waxy O'Connor's complete 94 Hartwell Avenue Liquor Club Knights of Columbus missing all 177 Bedford Street Lexington Elks complete 959 Waltham Str., PO Box 1 Lexington Golf Club complete 55 Hill Street Lexington Post 3007 VFW complete 2 Hayes Lane Wednesday, November 27, 2013 Page 8 of 11 Liquor Common Victualler Dabin Restaurant complete 10 Muzzey Street Ixtapa Cantina Mexican Family Restaurant complete 177 Mass. Avenue Khushboo transfer pending to Beijing Cuisine 1709 Mass. Avenue Lemon Grass Restaurant complete 1710 Mass. Avenue Lexx Restaurant complete 1666 Mass. Avenue Nourish eat well live well complete 1727 Mass. Avenue Royal India Bistro missing all 7 Meriam Street Ruyi Restaurant missing all except Certificate of Inspection 27 Waltham Street The Upper Crust application for new license not yet approved 41 Waltham Street Tio Juan's Margaritas Restaurant missing CORI, TIPS, insurance expires 1/1/14 438 Bedford Street Via Lago waiting for certificate of inspection 1845 Mass. Avenue Vine Brook Tavern waiting for certificate of inspection 20 Waltham Street Waxy O'Connor's waiting for liquor liability and cert of inspection 94 Hartwell Avenue Wednesday, November 27, 2013 Page 9 of 11 Yangtze River Restaurant complete 21-25 Depot Square Liquor Innholder Aloft Lexington complete 727 Marrett Road - A Element Lexington complete 727 Marrett Road - B Liquor Innkeeper Inn at Hastings Park (Artistry on the Green received renewal application 2013-2027 Mass. Avenue Liquor Retail Package Goods Store Apex Wine and Spirits, LLC complete 46E Bedford Street Berman's Wine & Spirits complete 55 Mass. Avenue Busa Brothers Liquors, Inc.complete 55 Bedford Street Omni's Crushed Grapes & More complete 411 Waltham Street Liquor Wine and Malt Daikanyama Japanese Cuisine complete 43 Waltham Street Wednesday, November 27, 2013 Page 10 of 11 Lodging/Innkeeper Aloft Lexington complete 727 Marrett Road - A Element Lexington complete 727 Marrett Road - B Inn at Hastings Park complete 2013-2027 Mass. Avenue Quality Inn & Suites complete except for check 440 Bedford Street Wild Acre Inn missing all 50 Percy Road Wednesday, November 27, 2013 Page 11 of 11 AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: 12/2/13 STAFF: Lynne Pease ITEM NUMBER: I.9 SUBJECT: Approve Process for Perambulation of Town Boundaries EXECUTIVE SUMMARY: The Town Clerk has brought to our attention that Mass. General Law (Chapter 42, Section 2) requires Towns to locate and mark the Town boundaries every 5 years. Her records indicate that 1991 was the last time FINANCIAL IMPACT: RECOMMENDATION / SUGGESTED MOTION: Motion to designate Selectmen Deb Mauger, Conservation Commission member Stew Kennedy and Town Engineer John Livsey, to locate and mark Lexington’s town boundary markers and record in writing to the Town Clerk and the Selectmen the boundary markers located and those not located and to send a copy of the record by registered mail to the Town Clerk and Board of Selectmen of all contiguous Cities and Towns. See attached information. STAFF FOLLOW-UP: Selectmen’s Office Lynne Pease From:Donna Hooper Sent:Tuesday, November 19, 2013 9:01 AM To:Lynne Pease; John Livsey Subject:perambulation Page 1 of 1 11/27/2013 nne & John – As we recently determined, based upon records in the Town Clerk’s Office, it appears Lexington last ‘perambulated’ the town boundaries in 1991 (vote by Selectmen in 1989). Below is the MGL governing the need and process for the Selectmen/designees to follow to perambulate the boundary marks every 5 years. The designation for substitutes appears to require names of specific individuals – something Engineering/BOS needs to work out. Recording with Selectmen, Town Clerk and neighboring Town Clerks & Selectmen is required once complete. FYI – nothing has been received in the Town Clerk’s Office from neighboring towns for many years. We will check further but have not found any record of any perambulation since 1991. Let me know if you wish a copy of the 1991 filing. When vote is taken by Selectmen please ‘cc’ Town Clerk. Thanks very much, Happy Perambulating! Donna PART I ADMINISTRATION OF THE GOVERNMENT TITLE VII CITIES, TOWNS AND DISTRICTS CHAPTER 42 BOUNDARIES OF CITIES AND TOWNS Section 2 Locating and marking of town boundary markers; recordation; copy of records to contiguous town Section 2. The boundary markers of every town shall be located, the marks thereon renewed, and the year located marked upon the face thereof which bears the letter of the town locating its boundary, once every five years, by at least two of the selectmen of the town or by two substitutes designated by them in writing. The marking shall be made with a paint or other suitable marking material. The proceedings shall be recorded with the town clerk and the board of selectmen of the town in writing signed under penalty of perjury setting forth which boundary marks were located, and those which were not located. A copy of such records shall also be sent, by registered letter, to the town clerk and the board of selectmen of any contiguous town. AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: 11/18/13 STAFF: Lynne Pease ITEM NUMBER: I.10 SUBJECT: Selectmen Committee Appointments/Resignations EXECUTIVE SUMMARY: David Wells has agreed to become an associate member of the Board of Appeals. See attached committee application. Phyllis Strimling is interested in becoming a member of the Town Report Committee. Patria Lanfranchi has submitted a resignation from the Bicycle Advisory Committee (see attached resignation). The Bicycle Advisory Committee wishes to have Laurel Carpenter fill the unexpired term of Patria Lanfranchi. We are trying to clean up the membership of the Permanent Building Committee members that were appointed by the Selectmen to work on a specific project. See list below of completed projects and those members that need to be resigned and thanked for their services. White House (Richard Brown and Frank Kern) Stone Building (Sara Chase and Sarah Zimmerman) Fire/Police (Bruce Creager) Cary Hall (Barbara Hughey) Public Services (William Kennedy) Attached are member lists of all of the above committees. FINANCIAL IMPACT: RECOMMENDATION / SUGGESTED MOTION: Motion to appoint Frederick D. Wells to the Board of Appeals as an Associate Member for a term to expire September 30, 2014. Motion to appoint Phyllis Strimling to the Town Report Committee for a term to expire September 30, 2014. Motion to accept the resignation of Patria Lanfranchi from the Bicycle Advisory Committee, effective immediately. Motion to appoint Laurel Carpenter to the Bicycle Advisory Committee to fill the unexpired term of Patria Lanfranchi until September 30, 2015. Motion to accept the resignations of Richard Brown, Frank Kern, Sara Chase, Sara Zimmerman, Bruce Creager, Barbara Hughey and William Kennedy from the Permanent Building Committee as Selectmen appointments for specific projects that have been completed. STAFF FOLLOW-UP: Selectmen’s Office AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: 12/2/13 STAFF: Lynne Pease ITEM NUMBER: I.12 SUBJECT: Set Date for Closing Warrant for 2014 Annual Town Meeting Set Date for Local Election in March 2014 Set Date for First Session of the 2014 Annual Town Meeting EXECUTIVE SUMMARY: Suggested dates are: December 27 Close Warrant March 34 Local Election for 2014 March 17 or 24 1st Session of 2013 Annual Town Meeting FINANCIAL IMPACT: RECOMMENDATION / SUGGESTED MOTION: Motion to close the warrant for the 2014 Annual Town Meeting on December 27, 2013. Motion to set the date for the Local Election for Monday, March 3, 2014. Motion to set the date for the 1st session of the 2013 Annual Town Meeting for Monday, March __, 2014. STAFF FOLLOW-UP: Selectmen’s Office AGENDA ITEM SUMMARY LEXINGTON BOARD OF SELECTMEN MEETING DATE: 12/2/13 STAFF: Lynne Pease ITEM NUMBER: C.2-3 SUBJECT: Consent Agenda EXECUTIVE SUMMARY: 2. Approve a one-day liquor license for Spectacle Management to serve beer and wine on Tuesday, December 17, 2013, from 6:30 p.m. to 10:30 p.m. in the Cary Memorial Building lobby for the Canadian Brass Concert. 3. Approve the minutes of November 13, 2013. See attached information for all of the above items. FINANCIAL IMPACT: RECOMMENDATION / SUGGESTED MOTION: Motion to approve the Consent Agenda. STAFF FOLLOW-UP: Selectmen’s Office