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HomeMy WebLinkAboutFundforLexMin-September 19, 2022 MINUTES FUND FOR LEXINGTON BOARD September 19, 2022 4:00 p.m. held by remote participation Present: Doug Lucente, Chair; Joe Pato; Norman Cohen; Alan Fields; Ed Grant; Rev. Claire Feingold Thoryn, Melissa Interess, Director of Human Services; and Kim Katzenback, Executive Clerk to the Select Board. Mr. Lucente stated the remote participation meeting is being held remotely as posted with the agenda. 1) Money Available as of August 31, 2022: Principal $305,899.49 Income $14,754.77 2) Human Services Report Ms. Interess reported the following activity for the Human Services funds dispersed for the period June 1, 2022 – August 31, 2022:  Fund for Lexington o $0 out of the Heating Assistance Pilot (Remaining balance - $4,182.63)  Human Services Emergency Fund (non COVID related) o $4,852.44 (rent for 2 residents; Overdue Car payment for 1 resident )  Lexpress subsidized passes fiscal year to date - 38 passes, 5 replacement passes value of $8,890  Gift Cards - $150 in food cards  Human Services Gift Fund Assistance (non COVID related) o $587.09 for Shower door for resident  Covid-19 Financial Assistance (Takeda and FFL Contributions) o Disbursed $7,224.19 this period for 3 individuals/families  Takeda Balance: $68,165.32  FFL Balance: $25,000 3) Recreation Department Report Mr. Battite, Recreation Director, was unable to attend the meeting. In her stead, Ms. Interess reviewed the report Recreation provided regarding the Recreation Scholarship Fund. The Recreation Scholarship Fund is used to assist children from low income families to attend Town sponsored summer programs. Recreation Department thanks the Fund for Lexington for their support. She noted the report shows a balance of $719 in the Recreation Scholarship Fund account. She stated that remaining annual account balances have been typically applied towards the out of school time requests for students received during the coming school year. The memo from the Recreation Department respectfully requests $8,000 from the Fund for Lexington to support recreation scholarship awards now through the Spring 2023. Upon a motion duly made and seconded, by roll call, the Fund for Lexington Board voted 6-0 to approve $8,000 to the Recreation Department to provide scholarship monies for recreation programming. 4) Discuss Fund for Lexington Annual Appeal The Board discussed the Fund for Lexington Annual Appeal letter and ensued providing Mr. Lucente feedback regarding the content. It was agreed Mr. Lucente would update the letter accordingly and the letter would mail by November 18, 2022. 5) Discuss Fund for Lexington Submission for Annual Town Report FY2022 (7/1/2021 – 6/30/22) The Board discussed the draft Fund for Lexington Submission for Annual Town Report FY2022 Upon a motion duly made and seconded, by roll call, the Fund for Lexington Board voted 6-0 to approve the draft Fund for Lexington Submission for Annual Town Report FY2022 with the suggested edits. 6) Approval of June 13, 2022 Meeting Minutes On a motion duly made and seconded, by roll call, the Fund for Lexington Board voted 5-0, 1 abstention, (Mr. Pato abstained), to approve the June 13, 2022 Meeting Minutes. 7) Next Meeting Date The Board reviewed and confirmed the following meeting date for Fund for Lexington Board:  December 5, 2022