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HomeMy WebLinkAbout2022-11-16-AHTSC-minThe Affordable Housing Trust Study Committee (ad hoc) Meeting Minutes of November 16, 2022 Affordable Housing Trust Study Committee members present for the public meeting: Gretchen Reisig, Betsey Weiss, Kathryn Roy, Linda Prosnitz, Carol Marine, Tara Mizrahi, Jeri Foutter Lexington Staff present for the public meeting: Carol Kowalski, Assistant Town Manager for Development Non -voting liaison of the Select Board: Mark Sandeen Ms. Roy conducted a roll call to ensure that all the members of the Affordable Housing Trust Study Committee (ad hoc) and members of staff present could hear and be heard. Ms. Roy chaired the meeting and called the meeting to order at 4:01 pm. The meeting was recorded by LexMedia for future on-demand viewing. Approval of The Affordable Housing Trust Study Committee Minutes of 10/12/2022 The Affordable Housing Trust Study committee reviewed the draft minutes of the meeting held on 10/12/2022 M. Marine moved that the Affordable Housing Trust Study Committee vote to approve the minutes of the meeting held on 01/26/2022, as presented. Ms. Roy seconded the motion. The Affordable Housing Trust Study Committee voted in favor of the motion 6-0-0 (Roll Call VOTE, MOTION PASSED UNANIMOUSLY) Review Language for SB to appr ove Brookhaven Funds to go to AHT Mr. Sandeen guided committee members to review written language of the motion . Ms. Kowalski confirmed that Town Council has reviewed the written language and also requested Carolyn Kosnoff review as well. Ms. Roy moved that the Affordable Housing Trust Study committee recommends that the Select Board moves forward with this motion. Ms. Marine seconded the motion. The Affordable Housing Trust Study Committee voted in favor of the motion 6-0- 0 (Roll Call VOTE, MOTION PASSED UNANIMOUSLY) Mr. Sandeen guided committee to inform Kelly Axtel of the vote, and Kelly will let them know. Mr. Sandeen confirms the motion has only been looked at. Ms. Kowalski will write the warrant and the description and review with Ms. Roy. Foll ow up on Action Items Ms. Roy reviewed the PowerPoint presentation of the CPA Request to pre-fund the Affordable Housing Trust. Ms. Foutter requested additional language that the town finance department will be responsible for the audits, manage investments, and administer payments. Ms. Weiss confirmed the final vote for projects in December or January. The committee also discussed that the presentation should not talk about future requests and to just concentrate on the current one. Ms. Roy will create additional slides based on committees’ preferences including Ms. Foutter’s edits regarding the Trust statute that requires that CPA funds appropriated to the trust retain all CPA requirements and constraints. The committee confirmed Ms. Foutter, Ms. Weiss and Ms. Roy will be in attendance at the CPA meeting. Adjourn Ms. Roy moved that the Affordable housing Trust Study Committee adjourn the meeting. Motion was seconded by Ms. Reisig. Meeting adjourned at 5:59