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HomeMy WebLinkAbout2016-03-02-CEC-min UPUJ ,4.NV Pt MIM, W V� Minutes of the x1 Lexington Capital Expenditures Committee (CEC) Meeting March 2, 2016 AP0114.19' kOu Location and Time Town Office Building, Reed Room (111), 6 00 P M Members Present Jill Hai, Chair, David Kanter, Vice-Chair & Clerk, Elizabeth Barnett, Rod Cole, Wendy Manz Members Absent None Others Present None Documents Presented • Notice/Agenda of Public Meeting for CEC Meeting, March 2, 2016 • Draft #3 of CEC Report to 2016 Annual Town Meeting (ATM) & 2016 Special Town Meeting (STM) 2016-3 • CPA Funding Model-29 Feb 2016, prepared by Rob Addelson, Assistant Town Manager for Finance Call to Order Ms. Hai called the meeting to order at 6 00 P M CEC Reporting to the 2016 ATM The Committee continued its review of the draft report—now using Draft #3 Unless there was objection to a change in that draft (as shown by the Tracked Changes), it was considered as accepted by the Committee Any objections or additional changes were either resolved or noted to be addressed in a Draft #4 following further inputs by the members to Mr Kanter During the review, Ms Barnett's preliminary position on each item being reported was added to those that had been provided by the other members at the Committee's meeting the previous morning so the recorded preliminary positions now represent all members of the Committee Member Concerns and Liaison Reports Mr Kanter discussed the updated CPA Funding Model that had been distributed prior to this meeting Future Meeting Dates The Committee confirmed that the meetings previously planned for March 8 & 11, 2016, both at 7 30 A M , should be posted The expectation is that the Committee's report to the 2016 ATM and STM 2016-3 will be ready to be approved at the March 11th meeting—with the Chair & Vice-Chair being authorized to make any non-substantive changes found thereafter to be needed—so the report could be printed and distributed, as planned, on March 14th Adjourn A Motion was made and seconded at 7 53 P M to adjourn Vote 5-0 These Minutes were approved by the CEC at its meeting on March 10, 2016 Page 1 of 1