Loading...
HomeMy WebLinkAbout2025-01-30-CEC-min Minutes of the Lexington Capital Expenditures Committee (CEC) Remote-Participation Meeting January 30, 2025 Location and Time: All-Remote Virtual (Zoom) Meeting; 8:00 P.M. Members Present: Charles Lamb, Chair; Rod Cole; Sandy Beebee; Michael Boudett Members Absent: Lisah Rhodes, David Kanter Invited Guests: Marilyn Fenollosa, Chair Community Preservation Committee Others Present: Carolyn Kosnoff (Assistant Town Manager for Finance & Town Comptroller); Rosalyn Impink (Lexington Budget Officer); Melissa Batite (Director Recreation); Deepika Sawhney (School Committee); Thomas Case (CPC Admin); Bob Pressman (CPC); Melinda Walker (CPC, LexHab)  Call to Order: Mr. Lamb called this Committee’s all-remote meeting to order at 8:00 A.M. As the Committee members and the others joining this meeting had been previously advised of the special conditions of this meeting, he passed on repeating them (i.e., the authority to not require a physical presence of a quorum and other selected terms under the Open Meeting Law had, by legislation on March 29, 2023, Governor Healey signed into law a supplemental budget bill which, among other things, extends the temporary provisions pertaining to the Open Meeting Law to March 31, 2025, pursuant to Chapter 22 of the Acts of 2023”.) Mr. Lamb made successful incremental Roll Calls of the 4 Committee Members. Primary Points During the Discussion: Liquidity of CPF Funds with respect to the proposed FY2026 $3m allocation to the Affordable Housing Trust. Approve Committee Minutes None Adjourn: Mr. Lamb called for a CEC Motion to adjourn Roll-Call Vote: 5–0 This Minutes was approved by the CEC at its meeting on February 13, 2025. 1 of 2